Drugmaker AstraZeneca was one of the biggest fallers after President Trump announced an executive order to cut drug prices, causing it to lose more than 3%. The larger and more UK-focused FTSE 250 gained 1.25%. Oil prices were also boosted by the news as a barrel of Bre...
Lee states that “Once its prices has risen far enough and bitcoin has proven itself as a store of value, then people will start to use it as a currency.” This is a collective action problem. Because all participants each have different time preferences and horizons — and are ...
if you go to visit your mother and forget that you need to mail your Bachmans bill before the trip, you can stop by the store and they will process the payment for you on the spot. Saves a stamp as well!
transport, and groceries, as well as baffled tourists, were being borne along willy-nilly as India rocketed towards becoming the ultimate cashless society, though not in the Swedish sense. It was controlled chaos with a unique ‘Make in India’ stamp. ...
It may be easier for retailers to recalculate all their prices so they total in increments of five cents, including taxes. Sounds like a nightmare to me, but maybe AI can do it pretty quickly. Back to TopWhat's your view? corporate drumbeat ...
The vision of celebrated architect Ernest Hébrard, responsible for much of the stately French colonial stamp still evident in this city, the hotel went on to carve a name for itself and was relaunched with substantial upgrades and a fresh lick of paint under the Raffles name in November 1997...
SAP, the world’s largest maker of business software, has agreed to acquire Business Objects SA for €4.8 billion euros, which was around ~$6.8 billion at the time theacquisitiondeal was announced. The deal is amongst the largest for 2007 alongside with Oracle’s Hyperion deal for ...
Stock prices are volatile, marginal and retrospective: they represent what the most recent buyer and seller agreed to pay. They offer no guarantee that the next buyer and seller will pay the same thing. The myth of valuation is the idea that you can take this momentary-snapshot stock price...
By 1969, writes Roberts, “Henry and I decided that the prices for other companies we might be interested in were getting too high. This was partly due to increasing competition for these companies by conglomerates such as TRW and others who were growing the way we were. Also, after more...
Oil prices remained high underpinned by global demand, particularly from China and India, but this was offset by supply disruptions in Alaska and Nigeria and geopolitical tensions in the Middle East, he said. Operating costs increased, often out of proportion with the crude price gain, he said,...