Mercedes-Benz to Release Luxury Electric Van in China
Apr 25, 2024 08:01 am UTC| Business Technology
Mercedes-Benz, the German luxury and commercial vehicle manufacturer, plans to release a luxury electric van model in China. This information was shared by the companys head of the vans unit, Mathias Geisen, to the local...
Hermes Surpasses Expectations with a 17% Surge in First-Quarter Sales
Apr 25, 2024 07:54 am UTC| Business
Hermes, the prestigious creator of the iconic Birkin bag, has outstripped analysts expectations with a remarkable 17% increase in first-quarter sales, demonstrating its strong momentum in the luxury goods sector. The...
Apr 25, 2024 06:43 am UTC| Insights & Views Business
While some might think that family-run farms are a thing of the past, they are in fact the dominant business model in Europe. In 2020, they accounted for slightly more than 9 in every 10 of the EUs 9.1 million...
Ferrari F1 Announces Multi-Year Partnership with HP as Title Sponsor
Apr 25, 2024 06:42 am UTC| Business Sports
Ferrari entered a multi-year partnership with the worlds second-largest PC vendor, HP, marking a significant milestone in motorsports sponsorship. This historic agreement positions HP as the new title sponsor of Ferraris...
Whirlpool’s Stale Demand Led to 1,000 Job Cuts in the US
Apr 25, 2024 06:13 am UTC| Business
Whirlpool Corporation joins several major brands that are trimming their global workforce. The leading kitchen and laundry appliance firm, which also owns the Maytag and Amana appliances, is terminating around 1,000...
Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks
Apr 25, 2024 06:05 am UTC| Insights & Views Business Economy
The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out...
How marketing classes can rescue ‘ugly produce’ from becoming food waste
Apr 25, 2024 06:03 am UTC| Insights & Views Business
At a time of rising food costs and growing food insecurity, a large percentage of food grown for consumption never reaches our tables. Indeed, some estimates suggest that approximately 40 per cent of fruits and...
‘We have thousands of Modis’: the secret behind the BJP’s enduring success in India