In signs of revival of the job market, the Indian government today said overall employment in the country has increased by about five lakh during the July-September quarter.…
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Gas price hike means other price increases
Just one day after the petrol price in Vietnam increased by 800 dong per litre to 16,300 dong on November 20, food retailers in markets have raised prices.
Meanwhile, retailers said that the dollar pr…
Fast Retailing lives up to name
Being dominant in Japan doesn’t satisfy President Tadashi Yanai, who aims to make his company, Fast Retailing – developers of the UNIQLO brand – Asia’s leading fashion retailer…
As online reviewers grow, businesses are listening
When Sarah B walks into one of the many stores and restaurants throughout Seattle, she typically scans the décor and takes mental notes about the food and the service. When no one’s looki…
A real credit thaw or just a test?
In July and August, Chase, Barclays, Citibank and Bank of America sent out more small-business credit-card offers in the US than in previous months, according to Mintel Comperemedia, a Chicago firm th…
Food fight: franchisees caught in the middle
In an effort to convince consumers to open their wallets wider, franchisors are not only requiring franchisees to officiate (and pay for) new promotion, they’re also requiring them to serve new …
Fashion boutique blues turn rosy
Although many U.S. small business entrepreneurs have had to call it quits since the economic downturn set in full force last year, the recession has by no means killed off all specialty stores, fashio…
Asia goes abroad
Investment into—and out of—Asia bucked the global trend over the past year as China and India continue to power the region’s economic progress.
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Americans gloomy on economy heading into holidays
US retailers heading into the traditional start of holiday shopping are facing consumers who are only a bit less gloomy than they were a year ago as they worry about a weak job market.…
Chinese banks face heat on risky lending
China has stepped up its moves to curb banks lending massive amounts of money by warning it will restrict lenders’ access if they do not meet risk requirements. Banks that fail to comply wi…