Samsung Electronics Q2 profit at a high, lifted by mobile business

SEOUL, JULY 27:   Samsung Electronics Co Ltd on Thursday said it expected the memory chip boom to continue in the current quarter, after reporting a record operating profit for the three months through June. The world’s biggest maker of memory chips, smartphones and television sets is widely expected to break profit records for the full […]

This 1 Strategy Can Transform Your Business

  In my work as an executive coach, and in the sales training I do, I encourage clients to play Texas Hold ‘Em poker. I do this for one simple reason: The game is more about reading people than reading cards. You read people and bet on yourself. Sounds a lot like entrepreneurship, doesn’t it? ROLLOVER Related: If You Want Great Results, You […]

HOW SOUNDCLOUD’S BROKEN BUSINESS MODEL DROVE ARTISTS AWAY

n December 2012, as part of a major redesign, SoundCloud introduced a feature called the repost. Similar to Tumblr’s reblog or Twitter’s retweet, reposts were designed as a way to help new music spread virally. But from the start, artists abused the feature by constantly reposting their own tracks, pushing them back to the top of […]

Trump doesn’t think Mueller should look into his business transactions. Too late.

Just yesterday, President Donald Trump told a trio of New York Times reporters that if special counsel Robert Mueller’s investigation turned to his finances, he’d view it as a “violation” of Mueller’s charge. “This is about Russia,” Trump said. But according to a new report by Bloomberg’s Greg Farrell and Christian Berthelsen, investigators had already been investigating several […]

Dixons Carphone sells Spanish business for £50m

Dixons Carphone has offloaded its Spanish business for almost £50m as it continues a retreat from Europe that has seen it exit markets in Portugal, Germany and the Netherlands in recent years. The company said it had agreed to sell The Phone House of Spain, Smarthouse and Connected World Services Europe to Bilbao-based Global Dominion Access. Dixons […]

GST shakes business confidence of service providers

Business conditions in India’s services sector improved in June. The Nikkei Purchasing Managers’ Index (PMI), a monthly survey, showed that services PMI climbed to an eight-month high of 53.1 in June from 52.2 in the previous month. A reading above 50 indicates economic expansion, while a one below 50 points towards contraction. However, business confidence […]

GST a nightmare on Day1: Shops clueless, small businesses scramble

The goods and services tax (GST) proved to be a nightmare for small traders and businessmen on its first day. Shops and pharmacies in Mumbai, New Delhi and other cities scrambled to issue invoices under the new system.   Organised sector players such as Big Bazaar and DMart were ready to issue GST invoices from Friday midnight, the hour at which the new […]

Ready or not, businesses brace for GST

The official schedule of GST rates runs to 213 pages and has undergone repeated last-minute changes (Representative Photo) MEERUT: Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory for a month to give himself time to […]

Modi, Trump discuss terrorism but no mention of visas

Prime Minister Narendra Modi and U.S. President Donald Trump arrive for the joint press conference in the Rose Garden of the White House on Monday. Photo credit: @narendramodi In their joint statement, Modi and Trump also touched on trade, security, bilateral co-operation and instability in Afghanistan NEW DELHI, JUN 27:   Prime Minister Narendra Modi and […]