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Global consumers’ motivation: To go online

The global research and consulting firm A.T. Kearney has revealed the findings of its latest survey of nearly 10,000 “connected consumers”—those going online at least once a week. The respondents from across ten countries—the United States, the United Kingdom, Germany, Japan, Brazil, Russia, China, India, South Africa, and Nigeria—agreed on …

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Japan, Switzerland and Germany have the strongest “country brands” in 2014-2015

This week the global brand consultancy FutureBrand, part of Interpublic Group, have released the sixth annual Country Brand Index 2014-2015 report that ranks 75 countries by seven perceptional dimensions, such as: awareness, familiarity, preference, associations, consideration, decision/visitation and advocacy; where the main factor—associations—is weighted across six more related attributes of …

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2014 World Talent Report

IMD, a top-ranked global business school, just released its first annual World Talent Report. The report introduces the IMD World Talent Ranking based on the long-established IMD World Competitiveness Yearbook. It assesses a country’s ability to develop, attract and retain talent for companies based on three factors: 1] Investment and …

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Kazakhstan bans sale of number of Russian alcoholic beverages

Kazakh authorities have imposed restrictions on sale of a number of alcoholic beverages made in Russia on the territory of Kazakhstan for “food security” reasons, Kazakhstan’s Consumer Rights Protection Committee said. “The alcoholic products do not conform to the food safety requirements of Kazakhstan. Such vodka brands as Talka, Empire, …

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G20 leaders to add $2 trillion to global economy by 2018

Leaders of the G20 left Brisbane with a plan: to collectively boost the global economy by $2 trillion by 2018, and to implement structural reforms to “re-balance” and strengthen it. This would be a 2 percent increase to the world’s $74 trillion economy. The “Brisbane Action Plan,” outlined in the …

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The World Could Be Heading Toward a Global Shortage of Chocolate

People are consuming more cocoa than farmers are able to produce, according to two of the world’s largest chocolate makers, who say that a global shortage of chocolate might be on the cards. Mars, Inc. and Swiss-based chocolate giant Barry Callebaut say demand is likely to outstrip production by one million …

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H&M’s October sales up 14 percent, above expectations

Hennes & Mauritz, the world’s second-biggest fashion retailer, posted on Monday a 14 percent rise in October sales from a year ago, beating forecasts. Analysts polled by Reuters had on average predicted a 10 percent rise. The Swedish budget fashion firm, which has the bulk of business in Europe, has said that …

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Global stocks fall, oil dips as Japan slips into recession

Shares fell and the oil price slid on Monday after data showed Japan had slipped into recession, raising concerns about global growth. European shares opened lower. They followed Tokyo’s Nikei index  N225 which lost 3 percent, its biggest one-day drop since August on news that the world’s third-largest economy unexpectedly shrank by an annualised …

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No Other Choice than to Turn to Russia, — Ukraine’s Energy Minister

Ukraine doesn’t see other options than to buy gas from Russia, or coal from the self-proclaimed Donetsk People’s Republic, to keep the country warm this winter, said Yury Prodan Ukrainian Energy and Coal Industry Minister. “South Africa has refused to maintain further deliveries of coal to us. A new contract …

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What the dollar’s rise means for the global economy

The US dollar is on the move. In the last four months alone, it has soared by more then 7% compared with a basket of more than a dozen global currencies, and by even more against the euro and the Japanese yen. This dollar rally, the result of genuine economic progress and …

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Spotify to Taylor Swift: Free Music Makes You Millions

Spotify has always been dogged by criticism that it doesn’t provide a sustainable way for musicians to make money. Getting dumped by Taylor Swift in protest of paltry royalties delivered particular sting. Swift dominates the public conversation like almost no other pop star, and most high-profile critics of streaming music …

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