China, 20 others launch World Bank rival in Asia
Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated multilateral lenders. China’s proposed $50 billion Asian Infrastructure Investment Bank (AIIB) is... read more »
Tata Steel’s Recent Plans Credit Positive: Moody’s
New Delhi: Tata Steel’s decision to sell its long product business in the UK and its bank debt refinance plan will be credit positive and alleviate funding pressure, Moody’s Investors Service said on Monday. “The sale would be credit positive for Tata Steel UK Holdings (TSUKH)... read more »
How Zara became the world’s biggest fashion retailer
A digital mirror that allows you to try on clothes without actually taking them off the shelf sits on one side of the room, next to it is a self-service till where shoppers can pay for their clothing and remove the security tag without a shop assistant. This is the future of retail in front of your... read more »
Royal Mail And Amazon Create 32,000 Xmas Jobs
More than 30,000 temporary jobs are to be created for the Christmas postal rush, it has been announced. Royal Mail said it would take on 19,000 additional workers and online retailer Amazon wanted 13,000 staff. Privatised last October, Royal Mail said the jobs will start in the middle of November... read more »
