Articles by admin

Food delivery platforms are helping independent and chain restaurants in London, Paris, Madrid and Warsaw serve more meals every week, boosting the sector’s revenue and profit, according to a Deloitte report commissioned by Uber Eats. Food delivery has grown rapidly across Europe, initially driven by companies such as Just Eat and Takeaway.com that offered marketplaces for restaurants that had their own delivery services. Uber Eats, a unit of the ride-hailing service, Britain’s Deliveroo and Spain’s Glovo expanded the market by supplying their own delivery to both independent and chain restaurants. …read more […]

(Bloomberg Opinion) — Hong Kong property companies, whose shares have been beaten down amid this year’s protests, are missing an opportunity to unlock value for shareholders. More should consider packaging their trophy assets into real estate investment trusts to release capital and improve the market’s view of their prospects.The Hang Seng Properties Index has slumped more than 17% from an April high as the unrest disrupted business, deterred home buyers and caused tourists and shoppers to stay away. The broader Hang Seng Index has lost 11%. Many real estate companies are trading at a steep discount to the value of …read more […]

(Bloomberg) — For years, OPEC ignored the rise of the U.S. shale industry and came to regret its mistake. Now, the group is making another bold gamble on America’s oil revolution: that’s its golden age is over.When the Organization of Petroleum Exporting Countries meets this week, ministers will discuss whether to extend their current output target, rather than reduce it, according to people familiar with the internal debate. The reason? They believe relentless U.S. oil production growth will slow rapidly next year.Iraq said on Sunday that OPEC and its allies will consider deeper production cuts, though the comments come after …read more […]

(Bloomberg) — Acosta Inc., the marketing firm owned by Carlyle Group LP, has gone bankrupt after big consumer-product firms decided to do more of the work themselves to keep up with changing consumer tastes.The Chapter 11 bankruptcy filing in Wilmington, Delaware, listed liabilities of $1 billion to $10 billion, and no more than $1 billion in assets. Recent records show the company had about $2.85 billion in bonds and loans outstanding, according to data compiled by Bloomberg.Acosta skipped its Oct. 1 bond interest payment and said it was working on a plan that would hand control over to its creditors. …read more […]

Conventional wisdom has it that energy stocks can’t rally without a significant rise in oil prices, but could it be that this logical assumption is wrong? …read more […]

(Bloomberg) — Stocks in Asia were set for a muted start to December as investors weighed data on China’s economy that showed a bright spot for manufacturing and the latest news on the trade front. The Australian dollar rose.Futures pointed marginally higher in Tokyo and Hong Kong. The S&P 500 Index dipped on Friday. On U.S.-China trade: the Global Times reported that China’s government wants tariffs to be rolled back as part of the phase one trade deal with the U.S. Oil was in focus after Iraq said OPEC and its allies will consider deeper production cuts.A gauge of China’s …read more […]

(Bloomberg) — In the heart of New Delhi’s largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy.“Amazon, Flipkart!” one merchant after another shouts into a microphone from a small stage in Sadar Bazaar’s central traffic circle. Some 50 other shopkeepers gathered around shout back in unison: “Go back! Go back!”The sit-in, which created more chaos than usual among the rickshaws, motorbikes and ox-carts plying the market road, was one of as many as 700 protests against Amazon.com Inc. and Walmart Inc. — owner of local e-commerce leader Flipkart — that organizers say took …read more […]

Today, we’ll introduce the concept of the P/E ratio for those who are learning about investing. We’ll look at Genesis… …read more […]

DuPont de Nemours, Exelon, Occidental Petroleum, Ventas, Plains All American Pipeline and CenterPoint Energy present buying opportunities Continue reading… …read more […]

Insiders invest in Gannett, Aramark, ServiceNow, UroGen Pharma and Enphase Energy Continue reading… …read more […]

A look at the retailer’s third-quarter results Continue reading… …read more […]

The ride-sharing company is priced as if it will have immense pricing power; the reality is that the industry is headed toward commodity pricing Continue reading… …read more […]

The 39 malls owned by Tanger Factory Oulet Centers, one of the U.S.’s largest outlet landlords, have flourished despite the so-called retail apocalypse, while shares have fallen more than 60 percent since the middle of 2016, weekly newspaper Barron’s said in its Dec. 2 edition. Concerns about profit growth have hurt the shares and things could get worse for Tanger before they get better if retail tenants continue to struggle and go out of business, according to Barron’s. Tanger shares closed on Friday at $15.22 in New York, which is less than seven times funds from operations, a …read more […]