Editorial

lululemon pays half a billion for MIRROR

 lululemon pays half a billion for MIRROR

lululemon athletica inc., a healthy lifestyle inspired athletic apparel company, has reached a deal to acquire exercise hardware start-up MIRROR. In the last decade, apparel retailers faced distress, leading to closure of many stores, bankruptcies...

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Top Picks from FTSE 100 To Keep A Track on for the Month of July 2020

Top Picks from FTSE 100 To Keep A Track on for the Month of July 2020

The month of May and June 2020 have been important for the British economy as it saw business activity picking up in the country after seven weeks of lockdown. During this period, several companies have performed well, and consequently, their share...

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British Treasury Unlikely To Come Out With Big Tax Cuts; How Does The UK Corporate Tax Structure Compare Globally?

British Treasury Unlikely To Come Out With Big Tax Cuts; How Does The UK Corporate Tax Structure Compare Globally?

  The UK Treasury counsellor Rishi Sunak is under pressure from the people as he prepares to release his new economic statement during the next week starting 6 July 2020. The tax revenues in the country are already lagging behind their targe...

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UK Offers Citizenship To Hong Kongers Amidst Row Over The New Chinese Security Law

UK Offers Citizenship To Hong Kongers Amidst Row Over The New Chinese Security Law

  The UK has decided to offer residency rights and citizenship to nearly 3 million residents of its former colony Hong Kong. Nearly 350,000 British national overseas passport holders and another 2.6 million  for the passport will be able...

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Factories in The UK Plan Layoffs Amidst A Slow Rate of Recovery Post Unlocking

Factories in The UK Plan Layoffs Amidst A Slow Rate of Recovery Post Unlocking

In what could be a very worrying development for the British economy, Make UK, a sectoral group of British manufacturers has stated that more than 40 per cent of the factories in the country are planning to prune staff force in the next six months....

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The Pandemic Hastens the long due Transition in The UK Retail Sector

The Pandemic Hastens the long due Transition in The UK Retail Sector

The retail industry in the United Kingdom is going through a transition phase. The coronavirus induced lockdown has only hastened a process that would have made itself evident in a couple of more years’ time. Online retailing has been eating ...

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 IMF Suggests UK Should Take-Up Green Projects To Fight The Slowdown And Unemployment Blues

 IMF Suggests UK Should Take-Up Green Projects To Fight The Slowdown And Unemployment Blues

The International Monetary Fund (IMF) had a few words of suggestions for the British parliamentarians about the path that the country should take as it recovers from the pandemic-induced recession. Reiterating the importance of reducing the carbon ...

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Boris Johnson Plans To Announce A List Of 95 Safe-To-Travel Countries

Boris Johnson Plans To Announce A List Of 95 Safe-To-Travel Countries

The UK PM is expected to release the new international air travel rules on 6 July 2020, with pressure mounting on the government to come out with the full list of air bridges soon. The list will name all the countries where Britishers can travel fr...

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Changing Landscape of Travel and Related Businesses

Changing Landscape of Travel and Related Businesses

The landscape for the once flourishing travel & leisure industry has changed a lot in the post-pandemic era as billions were wiped out of the industry due to the economic impact of the novel coronavirus.   The easing of lockdowns and ...

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CMA Calls to Rein in Market Powers of American Tech Giants Facebook And Google

CMA Calls to Rein in Market Powers of American Tech Giants Facebook And Google

For better administration of the leading digital marketing platforms such as Facebook, Google, Instagram and many others, CMA (Competition and Markets Authority) has recommended a new regulatory regime to make sure that the industry remains competi...

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Gilead Sciences Inc Peg Remdesivir Price at US$ 3,120; US Buys up World Stock

Gilead Sciences Inc Peg Remdesivir Price at US$ 3,120; US Buys up World Stock

Gilead Sciences Inc. had earlier agreed on donating its existing supply of Remdesivir; however, the company has now labelled a price on the drug. The price for the United States is going to be US$ 520 per vial or US$ 3,120 with a typical course of ...

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