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Articles in the Business News & Advice Category

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[17 May 2017 | No Comment | ]

Apple has leapt to the lead in wearable computing on strong sales of it smartwatch, a market survey shows.
The survey released by Strategy Analytics showed Apple grabbed a 15.9 percent share of the wearables market in the first quarter.
While Apple does not release sales figures for its Apple Watch, the estimate by Strategy Analytics showed a 59 percent jump in slaes from a year earlier, with 3.5 million units sold in the first three months of the year.
“The new Apple Watch Series 2 is selling relatively well in the U.S., …

Business News & Advice »

[9 May 2017 | No Comment | ]

The first large Chinese-made passenger jetliner took off Friday on its maiden test flight, a symbolic milestone in China’s long-term goal to break into the Western-dominated aircraft market.
China is touting the C919 as a rival to single-aisle jets the Airbus A320 and Boeing 737. The plane was originally due to fly in 2014 before being delivered to buyers in 2016, but has been beset by delays blamed on manufacturing problems.
If the maiden flight is successful, the aircraft’s maker, state-owned Commercial Aircraft Corp. of China Ltd., or Comac, will then seek …

Business News & Advice »

[2 May 2017 | No Comment | ]

Internet companies are readying for a showdown with telecoms and a Republican-controlled government over a policy near and dear to their hearts: net neutrality.
Net neutrality basically prevents broadband providers from playing favorites or steering users toward (or away from) particular internet sites. Under rules enacted during the Obama administration, the likes of Comcast and Verizon — which offer their own video services they’d very much like subscribers to use — can’t slow down Netflix, can’t block YouTube, and can’t charge Spotify extra to stream faster than Pandora.
Broadband companies hate the …

Business News & Advice »

[30 Apr 2017 | No Comment | ]

Ivanka Trump has been involved in discussions with the World Bank about establishing a funding operation that would support female entrepreneurs, bank and administration officials said Wednesday.
The officials stressed that nothing has been set up yet and that talks are ongoing about how this would be set up. They said it could be structured as a World Bank-run “facility,” which accepts contributions from governments and private donors and then provides funding and support to women in developing countries.
According to a senior administration official, Trump recently pitched the idea to World …

Business News & Advice »

[21 Apr 2017 | No Comment | ]

Apple is joining the fiercely competitive race to design self-driving cars, raising the possibility that a company that has already re-shaped culture with its iPhone may try to transform transportation, too.
Ending years of speculation, Apple’s late entry into a crowded field was made official Friday with the disclosure that the California Department of Motor Vehicles had awarded a permit for the company to start testing its self-driving car technology on public roads in the state.
The permit covers three vehicles — all 2015 Lexus RX 450h hybrid SUVs — and six …

Business News & Advice »

[15 Apr 2017 | No Comment | ]

The World Trade Organization is predicting an uptick in global trade this year and next after a lackluster 2016, while cautioning that uncertainty about policies like protectionism and anti-globalization present risks to its forecast.
The Geneva-based trade body, which has faced rumblings that the Trump administration might move to withdraw the United States, is projecting trade growth of 2.4 percent this year, from 1.3 percent in 2016, which was the slowest pace since the height of the financial crisis in 2008.
Uncertainty over global trade is particularly high. For this year’s forecast, …

Business News & Advice »

[12 Apr 2017 | No Comment | ]

Margarine’s fortunes seem to be taking another sad turn, with the owner of Country Crock and I Can’t Believe It’s Not Butter looking for someone to take the brands off its hands.
Consumer products heavyweight Unilever said Thursday it’s seeking to unload its spreads business that has suffered from soft sales in the United States and other developed markets.
It’s just the latest blow for butter alternatives, which most think of as “margarine,” even if some don’t technically conform to the federal definition of the word.
Margarine enjoyed popularity for decades before research …

Business News & Advice »

[1 Apr 2017 | No Comment | ]

Tim Barlow pushes a green stamp onto the edge of an unfinished plate, leaving behind the words “Made in England.”
It’s still a piece of unglazed gray clay, a far cry from the gleaming decorated disc of Wedgwood Jasperware it will become, but Barlow and his employers are betting those words will be a selling point as Britain begins the process of leaving the European Union.
“It takes on a greater importance now we’re coming out of Europe,” he says, matter-of-factly. “We’re standing on our own now.”
It’s not just Wedgwood, the 258-year-old …

Business News & Advice »

[27 Mar 2017 | No Comment | ]

The world’s biggest liquefied natural gas (LNG) buyers are clubbing together to secure more flexible supply contracts in a move that further shifts power to buyers rather than producers.
Korea Gas Corp (KOGAS) says it signed a memorandum of understanding in mid-March with Japan’s JERA and China National Offshore Oil Corp (CNOOC) to exchange information and “cooperate in the joint procurement of LNG.”
Japan, China and South Korea are the world’s biggest LNG importers, accounting for about 55 percent of global purchases, according to data from energy consultancy Wood Mackenzie.
The countries’ biggest …

Business News & Advice »

[23 Mar 2017 | No Comment | ]

Microsoft Corp and Adobe Systems Inc are joining to make their respective sales and marketing software products more potent competitors to Salesforce.com Inc and Oracle Corp offerings, the two firms said Monday.
On the eve of San Jose, California-based Adobe’s annual user conference, the company said that it will work with Microsoft to create a shared data format between Adobe’s marketing software suite, which the company is re-naming its Experience Cloud, and Microsoft’s sales software, called Dynamics, allowing the software systems to work together seamlessly.
“It’s going to enable to customers to …