Reliance Industries Announces 1:1 Bonus Share Issue; Record Date Expected in October – Here’s What Past Trends Show
New Delhi: Reliance Industries, led by Mukesh Ambani, has approved a 1:1 bonus share issue, calling it an “early Diwali gift” for its shareholders. This announcement was first made during the company’s 47th annual general meeting held in late August. In a filing
America’s Retailers Are Reducing Shoplifting Losses
Target and Retailers’ Shoplifting Struggles In 2023, major retailers in the U.S., like Target, announced significant losses due to theft, stating it hurt their profits by over $500 million. Many stores even shut down due to concerns over safety and rising crime. However,
Michael Kors Discusses Challenges of Fashion Relevance Amid TikTok Trends and Celebrity Influence in Federal Trial
Michael Kors, a renowned fashion designer, testified in a federal trial on Monday, highlighting the growing difficulty of keeping his brand relevant in today’s market. In a world where viral TikTok trends and celebrities like Taylor Swift can dictate fashion choices, Kors explained
7 Key Principles for EPIC Leadership During Crisis and Change
In today’s volatile business environment, the greatest threat to success may not be market volatility or fierce competition, but rather the ability of leaders to effectively manage change and uncertainty. Today’s most successful leaders embrace a framework known as EPIC leadership—driven by the
McDonald’s Extends $5 Value Meal Deal Through December Amid Economic Pressures
McDonald’s is extending its $5 meal deal through December. Initially launched in June as a month-long promotion, the deal has been so successful that the fast-food chain has decided to keep it available longer. The meal includes a choice of either a McChicken
Growing Cyberattack Threats: How Businesses Can Protect Themselves
Recent high-profile cyberattacks have heightened awareness among business owners about the critical importance of cybersecurity. These incidents have resulted in significant downtime, financial losses, and compromised data, affecting operations and services. The Rising Threat of Cyberattacks Cyberattacks are no longer distant concerns—they’re impacting
Gold Prices Dip from Near-Record Highs Amid Uncertain US Fed Rate Cut Expectations
Gold Price Update On September 7, 2024, gold prices dropped from near-record highs due to mixed US job data, which has cast doubt on a significant interest rate cut by the Federal Reserve. After approaching a peak of $2,531 per ounce, gold prices
Pakistan’s Foreign Exchange Reserves Climb to $9.4 Billion
On September 5, 2024, the State Bank of Pakistan reported that its foreign exchange reserves totaled approximately $9.4 billion as of August 30. This marks an increase of $33 million from the previous week. The bank also noted that net foreign reserves held
Why Remote Work Benefits Are Here to Stay: Amazon’s Moves and Jamie Dimon’s Comments Don’t Signal the End
Recent moves by Amazon and comments from JPMorgan Chase CEO Jamie Dimon have sparked concern over the future of remote work. However, workplace trends and employee preferences suggest that remote work benefits are not going away any time soon. Flexibility is a Top