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...Oklahoma, another oil producer, banned JPMorgan, BlackRock and others from doing business with the state in 2023....
...She added that from vintage to vintage wine, alcohol content could vary by as much as 0.5 per cent, depending on the weather and the fermentation process, requiring a new label and barcode for each one,...
...But those deals were not total flops. Even if those brands never became an important part of its business, Walmart gained valuable knowhow that helped jump-start its ecommerce operations....
...Fees are set by the payment network operators, Mastercard and Visa, as a percentage of each transaction and can be as high as 3 per cent....
...By clustering more services in one place, stores could not only spread out the costs but make more of their personal touch....
...Or, as we move further into the digital era, will customer-service levels diminish even more?...
...The move to impose a ban — which can be reviewed if Kotak Mahindra remediates the problems — on critical business lines is more evidence of a step-up in enforcement for the RBI, which has previously tended...
...family business....
...From that, PDD generated a total of $14.7bn of revenues from marketing and transaction services, a 3.6 per cent margin known as the “take rate”....
...The number sounds impressive, but it is still little more than 1 per cent of the total revenue Microsoft is expected to report this year....
...Britain established the world’s first postal savings system in the 1860s, today known as National Savings and Investments....
...The streaming service reported first-quarter earnings yesterday. Its operating income surged 54 per cent and it added more than 9mn subscribers....
...Airbnb is examining new business lines as revenue growth slows following a post-pandemic boom....
...Meta said: “Subscriptions as an alternative to advertising are a well-established business model across many industries . . . We will continue to engage constructively with the Commission.”...
...Now turn to Amazon’s retail business. It enjoys network effects, but also depends very heavily for its increasing returns on traditional economies of scale and learning by doing....
...Maestri told the Financial Times the Vision Pro would have 600 apps specifically designed to use the mixed reality capabilities of the headset, with more than 1mn apps in total....
...You get sued on a certain percentage of products, or receive some cease-and-desist letters, and that’s part of your cost of doing business.”...
...More consumers are using “buy now, pay later” services to make purchases, with Adobe Analytics forecasting that $782mn would be spent through BNPL on Monday, up 18.8 per cent from last year....
...Other global banks have reported sharp falls in the profits of their Chinese investment banking entities and are becoming more cautious about doing business in the country....
...Robinhood has since positioned its overnight service, covering more than 200 stocks and ETFs, as a central plank for its forthcoming UK business....
...We broke the story of how their big attempt to make fossil-free ABS plastic was abandoned after they worked out it would lead to more emissions in total as they needed to buy new machines, new moulds, et...
...This amount translated into sales of £3bn, accounting for 17 per cent of total non-EU visitor expenditure that year — with the rest drawn from tax-inclusive shopping, hotel stays, restaurants and other services...
...“What the NPS decision shows is that the ‘Corporate Value-up’ programme is little more than the government paying lip service to local retail investors,” said Ryu Young-jae, the founder of Korean proxy adviser...
...Venzin, who previously worked as a business professor and start-up founder in Milan, tells me that today fewer than half of EHL graduates go into hospitality at all: “It’s important that they are equipped...
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