Day-night Test cricket needs time to become traditional

Last year, the Indian cricket team reportedly declined twice to play day-night Tests, a matter which Sourav Ganguly settled in one meeting with Virat Kohli Kerry Packer’s World Series Cricket came at a time when change had become the need of the hour. The late Australian media tycoon had the far-sight and intelligence to catch … Read more

Italy’s Ferrero launches new products to Chinese consumers at CIIE

SHANGHAI, Nov. 8 (Xinhua) — Ferrero Group, the world’s third-largest confectionery manufacturer, launched two new products to Chinese consumers at the ongoing second China International Import Expo (CIIE) in Shanghai. The products are Kinder Happy Hippo, a biscuit product that Ferrero said marks its “breakthrough in the biscuit sector for the very first time in … Read more

Godrej Consumer Products Q2 profit falls 28%, volume growth at 7%

FMCG company Godrej Consumer Products has reported a steep 28.4 percent year-on-year decline in the second quarter consolidated profit at Rs 413.88 crore, meeting analyst expectations. Its profit in the corresponding period last fiscal stood at Rs 577.73 crore. Revenue during the quarter fell 1.14 percent to Rs 2,630.2 crore compared to year-ago, with domestic volume growth … Read more

Morgan Stanley warns that returns for traditional portfolios will slide near 100-year lows over the next decade

Morgan Stanley is sounding the alarm on a popular investment portfolio. The bank is warning investors that the annual return on a traditional portfolio made up of 60% stocks and 40% bonds could fall to 2.8% over the decade, a near-century low and roughly half of the average over the last 20 years. The figure is … Read more

Beautiful array of quality Irish furniture and accessories at Siopa Troscán

See the full range of quality Irish manufactured suites at An Siopa Troscan, where all suites can be made to order. The full range of styles covers everything from modern to traditional. Pictured is the Irish made Queen Anne chair, available in a variety of colours and fabrics. This chair is available in a standard … Read more

Here’s how digital and traditional lenders are trying to address credit woes of MSMEs

Alok Mittal Micro, small, and medium enterprises (MSMEs) form the backbone of the Indian economy, playing a significant role in its equitable growth. Around 55-60 million MSMEs are operating in the country at present, comprising 24.63% of the GDP from service activities and contributing 33.4% to the total manufacturing output. However, despite being the growth engine of … Read more

Thieves target KC homes under renovation to steal appliances

KANSAS CITY, Mo. — Kansas City, Missouri, police are investigating a series of appliance thefts from homes under renovation and for sale. The thefts are spread across the city and cost developers, like Paul Wenske, thousands of dollars. “It’s kind of the ironic downside to redevelopment,” he said. Wenske purchased a home in Midtown, which … Read more

Whirlpool Upgrade May Lift Home Appliance Stocks

Whirlpool Corporation (WHR) shares jumped almost 3% Thursday after JPMorgan upgraded the stock from “neutral” to “overweight” and bumped its price target to $172 from $155. The investment bank noted that the home appliance giant currently trades at just 10 times and 8.5 times respective 2019 and 2020 earnings, representing discounts of roughly 10% to 15% to … Read more

BSH Home Appliances sells one million washing machines in India

BSH Home Appliances Group, one of Europe’s largest home appliances manufacturer, on Wednesday said it has sold one million washing machines in India. The company said it has seen a huge surge in sales from the metro markets in South India and even smaller towns are now buying premium front load washing machines. Neeraj Bahl, managing director … Read more