For its first store in India, the Swedish retailer is upending its business model. The business strategy used by Ikea to create a global empire was to sell furniture that people assembled themselves at an affordable rate. The Swedish brand is now depending upon that business model for its first store in India, The first…
Following the resignation of the European head of the car maker Fiat Chrysler because he had been over looked for the top post of the company, the newly crowned CEO of the company – Mike Manley has now also to look after the additional role for the carmaker’s European business. this adds to the problems…
A recent report published in the Financial Times claimed that a break-up of the group is being seriously considered by GlaxoSmithKline Plc. The consideration follows pressure on the company’s board by investors to spin off the consumer division of the company claims the news report. The Financial Times report claimed. quoting sources in the company,…
The set of new proposals prepared by the British government which have been created for better protection of some of the most important business sectors and the technically advanced businesses, the British government is set to give more power to its ministers across all ministries which will allow them to prevent foreign takeovers on the…
Belgian also wants a fourth mobile operator to enter its market. On Tuesday, the Belgian government stated, it plans on auctioning mobile frequencies in late 2019 and wants a fourth mobile operator to enter the country to compete with Orange Belgium, Proximus, and Telenet’s BASE. Belgium is aiming to auction frequency bands in the 900,…
According to officials from the U.S. Department of Homeland Security, the Russian state-sponsored group known as Energetic Bear which also goes by the name of Dragonfly, have claimed “hundreds of victims” in 2017, which include U.S. electric utilities. As per a report from the Wall Street Journal, in 2017 Russian hackers had been able to…
Following complaints about the flooding of the domestic market with stainless steel that was damaging the local industry, an investigation into dumping allegations of the metal has bene launched in China. the estimated dumping of stainless steel through imports is worth $1.3 billion. The investigations will encompass a number of firms that include a privately…
Facebook will create a very strong case for election transparency and provide a never before insight about how social media is used for targeting of voters by publishing comprehensive data about political advertising in the run up to the referendum campaign for abortion in Ireland. Details of the amount spent on targeting Irish voters in…
Although its share prices surged by 3.8% on Monday, they are still down by 40% from their April 2018 levels. On Monday, following the removal of measures from a defense bill by U.S. lawmakers that would have reinstalled sanction on China’s ZTE Corp, shares of the telecommunications equipment maker surged by 3.8% in Hong Kong.…
According to Microsoft, hackers have targeted at least three congressional candidates before the US mid-term elections. The revelation was made during a se3curity conference panel in Colorado by Tom Burt, an executive at the company. he told the audience that apparently, phishing attacks looks to have targeted the three candidates. The hacking was likely an…
business-gurus.com 