Category: Bloomberg
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20230922
Russian Diesel Ban Lifts Prices in Asia as Traders Gauge Fallout Asian diesel prices climbed on Friday after Russia’s surprise export ban, even as a host of market watchers predicted that the curb wouldn’t remain in place for very long. The prohibition — which took effect from Thursday with some near-term exceptions — looks set…
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20230921
Kia Introduces Its Cheapest EV in South Korea as Price War Rages It’s already being embraced. More than 6,000 customers pre-ordered the cars in the past 20 business days since Kia said it was coming, surpassing its own goal of 4,000 for all of 2023, Kia says. The single-seat version can be bought for about…
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20230919
JPMorgan Sees India Share Sale Boom Reaching $30 Billion in 2024 Sales of additional shares in listed companies in the country have surpassed $10 billion this year, more than the tally for all of 2022, according to data compiled by Bloomberg. The momentum can sustain into next year and beyond as owners of Indian companies…
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20230918
Dog Meat Ban Sought by South Korea Lawmakers After Global Criticism South Korea’s ruling and main opposition party lawmakers are planning to introduce a special act to ban the consumption of dog meat after facing global calls to halt consumption of the animals. The main opposition Democratic Party, which holds a majority in parliament, proposed…
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20230915
Japan’s Largest Cosmetics Firm Shiseido Bets on India Growth With First Launch in a Decade Shiseido Co. is launching its first makeup brand in India in almost a decade, bringing popular line NARS Cosmetics to local beauty shops as it seeks to carve out a share of the booming consumer market. Indian consumers are “immensely”…
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20230913
From Wedding Rituals to Fancy Distilleries, Asia Is Taking Over the World’s Whisky Market The yearslong efforts by Pernod, Diageo Plc and other major whiskey producers to get Asian drinkers to spend more on their premium spirits are finally paying off, just as sales in established markets in the US and Europe show signs of…
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20230912
Musk Ignored Pleas to Stop Alienating Advertisers, New Book Says EK: Importance of whistleblowers in organizations Lyft Launches Feature to Let Women Riders Choose Women Drivers EK: ESG on Lyft (for both investors and users – a variety of stakeholers) after a series of lawsuits Netflix, Bollywood and India’s Biggest Companies Take a Stand for…
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