Wednesday 5 August 2015

Consumers choose marketplace over retail websites

Digital shoppers are increasingly starting their product searches on retail marketplace platforms, which allow third-party merchants to sell goods, before looking on an individual retailer's website, according to a report released on Tuesday by Inc and


Oil industry frets about another lost decade

John Kemp is a Reuters market analyst. The views expressed are his own. Oil is an inherently cyclical business. The point is remarkably simple but it is amazing how often it gets forgotten by forecasters and investors. In the century and a half since the m


Samsung ‘fighting to save mobile market share’

For four years Samsung Electronics has basked in the success of its Galaxy smartphones, making billions of dollars competing with Apple in the premium mobile market. The coming years are set to be more sombre for the South Korean tech giant, as it is forced to slash prices and ac


China slowdown ‘could further erode oil prices’

As oversupply in the crude market continues, a sudden reduction in Chinese energy consumption growth may continue to apply downward pressure to crude prices, a report said. China’s weakening economic prospects and stock market plunge have led crude oil futures to fall to un


Cold brew transforms summertime coffee market

For coffee shops, business usually cools down as the weather heats up. But as the latest craze, cold brew coffee, moves from a hipster infatuation to mainstream staple, that traditional seasonal pattern is changing fast. Since cold brew often uses more beans than traditional iced


New cocktails to test limits of cancer drug pricing

New cancer drug cocktails set to reach the market in the next few years will test the limits of premium pricing for life-saving medicines, forcing company executives to consider fresh market strategies. The growing reluctance of governments and private insurers to fund very expen


Rethinking airline loyalty points strategy

Earning and using airline miles used to be simple. Fly 25,000 miles and earn a free flight. It is not so simple anymore. The process of redeeming miles is changing in a way that makes it more difficult for all but elite flyers to earn rewards. One key change: Delta


Iran energy projects worth more than $160bn

The Iranian energy projects market represents a $167 billion opportunity for regional and international companies as the Islamic Republic prepares for the lifting of sanctions, a report said.  According to the latest data from Meed Projects, the Mena leading projects trackin


Apple, BMW in courtship with eye on car tie-up

BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world's top maker of electronic gadgets to the headquarters of the word's biggest seller of premium cars. Apple chief executive Tim Cook went to BMW's headquarters last


US oil storage becomes big business

Commercial crude stocks across the United States rose by 105 million barrels early this year to peak at 490 million barrels, the highest level in eight decades. Despite some draw downs in recent weeks, which have reduced inventories to 460 million barrels, stocks are still 92 mil

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