• Wed, December 18, 2024

by: The Financial Times

Lars Windhorst and H2O: scandal, spies and the superyacht | FT Film

This is the story of Lars Windhorst, a racy financier with nine lives. Once a wunderkind of German business, dubbed the German Bill Gates, Windhorst survived a plane crash and has lost then rebuilt his fortune several times over.

by: QSR magazine

How Burger King and Other Top Brands Are Preparing for 2025

"Shift is great because it is an employee retention and sales-building platform," says David Moorhead, director of marketing and finance at Ander Management ... creating a positive ripple effect throughout the business. "The affordability of ...

by: Firstpost

Rewind 2024: How 2024 was a banner year for IPOs on India's stock market

From Swiggy to Hyundai Motors and NTPC Green, India's stock market has seen a number of blockbuster IPOs in 2024. Companies have cumulatively raised over Rs 1 trillion via IPOs with small and medium enterprises also getting in on the act.

by: ThePrint

Pramerica Life Partners with Policybazaar to Strengthen it's ULIP Portfolio, Launching NextGen Pension Plan and Smart Invest 1UP

Pramerica Life Insurance, one of India's fastest-growing life insurance providers, has joined hands with Policybazaar to accelerate its focus on Unit-Linked Insurance Plans (ULIPs). Building on ULIPs as a critical driver of its product strategy,

by: Raconteur

2025 macroeconomic trends: Trade wars, tax hikes and the road to economic recovery

This was a year full of elections and with that comes a new market environment, including potential increased tariffs and tax hikes

by: USA Today

Listen up, businesses! Time's running out to claim your share of a $5.5B settlement

Feb. 4 is the last day businesses and nonprofits can file a claim in a $5.5 billion Mastercard-Visa settlement. Even shuttered businesses are eligible

by: Post and Courier

Here's who made The Post and Courier's 2024 Power List for Columbia

The Power List features 30 movers and shakers who made headlines in 2024. Nominees include politicians, leaders in higher education.

by: FTAdviser

How a Court of Appeal ruling affects motor finance agreements

The recent landmark court judgment on motor finance represents a potentially seismic shift in the regulatory and legal landscape of the intermediary lending industry - for investors and lenders alike.

by: WTOP News

Iran's rial hits a record low, battered by regional tensions and an energy crisis

TEHRAN, Iran (AP) — The Iranian rial on Wednesday fell its lowest level in history, losing more than 10% of its value since Donald Trump won the U.S. presidential election in November and signaling new challenges for Tehran as it remains locked in the ...

by: India Today

Is Elon Musk becoming a kingmaker for govts across the world?

After ensuring Donald Trump's return to the White House, Tesla boss Elon Musk met Reform UK leader Nigel Farage and is likely to finance his politics. Farage is one of the many world leaders Musk has met to discuss business and politics.

by: Kiplinger

You've Got a Trust: Now Who Should Be the Successor Trustee?

You've set up a trust to protect your assets and your beneficiaries, but you still must choose the right person to execute your wishes. Here's how to do that.

by: Fleet News

Industry jobs: Roles filled at Europcar, JCT600 VLS, Select Car Leasing, CPD, Leasing Options and PayByPhone

The latest industry appointments, including JCT600 Vehicle Leasing Solutions appoints new commercial director.

by: indiaretailing

Retailer's body seeks lower interest rate, national retail policy

In its pre-budget memorandum, RAI said the Union Budget for FY25-26 should focus on generating demand and spurring consumption by lowering taxes

by: Business Times

Hong Kong watchdog searches finance firms' offices in Nasdaq listings probe

HONG Kong's securities watchdog last month searched the offices of about a dozen finance firms and individuals as part of a probe of company listings on the Nasdaq exchange, according to people familiar with the matter.

by: inc42

Leadership Exodus: Founders, CEOs Who Quit Their Startups In 2024

One of the most common occurrences in the world's third-largest startup ecosystem, besides yearly layoffs, ESOP buybacks, and unicorn creation, among others, is cofounders and leaders at the helm exit

by: The Globe and Mail

Business Brief: What to make of Canada's new Finance Minister

Canada's inflation rate dipped below the Bank of Canada's 2-per-cent target for the second time in three months, the latest sign that the central bank has tamed inflationary pressures in the economy.

by: Reuters

ECB proposes EU scheme to expand climate insurance uptake

Europe's businesses and homes need to increase their insurance cover to better withstand climate catastrophes, the European Central Bank and the EU's insurance regulator said on Wednesday as they proposed policies that could boost uptake.

by: The New York Times

Is Elon Musk a National Security Risk?

Federal agencies are reviewing whether the tech mogul and ally of Donald Trump complied with disclosure rules meant to protect states secrets.

by: Forbes

The Dark Side Of AI: Tracking The Decline Of Human Cognitive Skills

AI has created seemingly limitless possibilities in business. But is there a dark side to AI? If we rely too much on 'bots, what's the impact to our cognitive skills?

by: Hartford Courant

Connecticut Port Authority hires top nuclear energy exec as new executive director

Michael J. O'Connor, the recently retired vice president of Dominion Energy's Millstone Power Station in Waterford has been named the Connecticut Port Authority's new executive director as it moves forward as a supply hub for the northeast offshore wind industry.

by: Reuters

BlackRock's global client balancing act, from Indianapolis to Tokyo

We already knew that BlackRock's global customer base brings it conflicting pressures from clients, but developments in the past week drive home the point for the world's top asset manager.

by: Business Standard

JAIN (Deemed-to-be-University): Your Pathway to a Global Career in International Finance and Accounting with ACCA

A Globally Integrated Program with ACCA Accreditation The BCom Hons International Accounting and Finance program offered by JAIN (Deemed-to-be University) seamlessly integrates core business principles with the globally recognized Association of Chartered ...

by: Business Insider

4 banks that will pay you up to $300 when you open an account by the end of the year

Some banks and credit unions are offering promotions on high-yield bank accounts ending in January. Find out whether these deals are right for you.

by: moneycontrol.com

NBFC Laxmi India Finance files draft papers to raise funds via IPO

The public issue comprises fresh issue of 1.04 crore equity shares, and an offer-for-sale of 56.38 lakh shares by promoters

by: The New York Times

The Once Booming Drug Town Going Bust Under Taliban Rule

Funding its war against the United States, the Taliban reaped millions from boom towns trading opium, heroin and meth. Victorious, the group crushed the trade, leaving ghost towns in its wake.

by: Business Today

Jury Meet: 29th Edition Of BT Best Banks Awards 2023-24| India's Banking Future

The jury for the 29th edition of the BT Best Banks Awards 2023-24 convened to assess India's banking and NBFC sectors. The esteemed panel featured Jayant Sinha, Former Chair, Standing Committee on Finance and MoS Finance;

by: The Financial Express

Controversial advertising: When brands cross the line in shock-and-awe campaigns

Just weeks earlier, Zomato CEO Deepinder Goyal stirred controversy with a job ad for Chief of Staff, unapologetically advertising that the role required candidates to pay a `20 lakh "fee" and work for free for the first year.

by: Business Times

Citi and Maybank Securities collaborate to offer global securities lending to Singapore retail investors

CITI and Maybank Securities announced on Wednesday (Dec 18) that they will be working to facilitate the lending of retail clients' global equity holdings together using Citi's platform. Read more at The Business Times.

by: Forbes

5 Questions With Steven: Campbell R. Harvey

Campbell Harvey is one of the world's leading financial academics. Here he answers some of the key questions facing investors today, from blockchain to tail risks.

by: moneycontrol.com

Explainer | Specialised investment fund: How this new asset class will work and help investors

The new asset class. positioned between MFs and PMSes. will open different investment products and approaches to Indian investors.

by: Reuters

Marathon VW talks to resume in search for pre-Christmas deal with unions

Crunch talks between Volkswagen and unions over cuts to the automaker's German operations will resume on Wednesday after a brief break, reflecting intense efforts to strike a deal before Christmas and avert major strikes in 2025.

by: Forbes

Understanding Embedded Finance And The Growth Of White-Label Neobanking

Embedded finance is estimated to have reached a market value of $84.12 billion in 2023, projected to grow at a CAGR of 32.81% from 2024 to 2033. With 56% of businesses already offering at least one form of embedded finance, white-label neobanking is here to stay.

by: MSN

Ryder taps 20-year veteran as next CFO. Here's how the Fortune 500 company develops top talent

Ryder System, Inc.'s talent development includes preparing its longtime executives for different C-suite roles. That includes Cristina Gallo-Aquino, SVP, controller, and principal accounting officer at the transportation and logistics company who is taking on the role of EVP and CFO.

by: Business Standard

Shape a Global Career in Finance and Accounting with BCom Programs at JAIN University- Bangalore

The finance and accounting industry continues to evolve rapidly, creating a growing demand for highly skilled professionals. JAIN (Deemed-to-be University), School of Commerce, Bangalore, offers cutting-edge Bachelor of Commerce (Honours / Honours with Research) programs with global qualifications,

by: MSN

Why it's no surprise that Gen Z thinks it needs $500,000 a year to succeed

As economic inequality rises, young Americans are left with a choice between settling for less and setting their sights higher.

by: Yahoo Finance

Siemens Gamesa sells power electronics business to ABB

Engineering services firm ABB said on Wednesday it has agreed to acquire the power electronics unit of Gamesa Electric in Spain from Siemens Gamesa. The financial details of the deal, which is expected to close in the second half of 2025,

by: Business Standard

Shriram Finance raises $1.27 billion in multi-currency syndicated loan

Additionally, the company noted that the multi-currency facility highlights the growing global demand for high-quality Indian clients and marks a significant expansion in Shriram Finance's lender base

by: Reuters

ESG Watch: COP29 leaves electric vehicle industry stuck in the slow lane

Road vehicles are responsible for 15% of global energy-related emissions, and a crucial piece of the decarbonisation puzzle. You would expect them to be front and centre of the COP U.N. climate conference process.

by: moneycontrol.com

Shriram Finance seeks record $1.25 billion offshore loan split across currencies

The loan adds to this year's rush of offshore debt sales by Indian shadow lenders after the nation's central bank tightened rules in November 2023 that made it increasingly difficult for the sector to obtain local currency bank loans.

by: Business Standard

High interest rates deterrent for MSME exporters; working with FinMin: DGFT

The country's high interest rates are a big deterrent for exporters community and the commerce ministry is working with its finance counterpart to help them at this front, a senior government official said on Wednesday.

by: Reuters

UK employers hold pay deals at 4% before expected fall in 2025, survey shows

Pay deals awarded by British employers were steady in the three months to November and are likely to slow next year as companies economise to meet higher tax bills introduced by the new government's first budget,

by: MSN

UAE Property Demand Rises as Europeans Relocate to Dubai

The UAE property market is experiencing a remarkable surge in demand as Europeans increasingly choose Dubai for its dynamic lifestyle and favorable business environment. Ali Sajwani, Managing Director of Damac Properties,

by: MSN

My wife and I used our military benefits to buy a $1M property in San Diego. It kickstarted my real-estate business.

Erwin Jacob Miciano joined the Navy after high school and left in 2021 to start a real-estate business with his wife, Theressa.

by: Reuters

Climate tech firms get $80 million to pull carbon from paper mills, sewage plant

Google, H&M, Stripe and other members of the climate-focused Frontier coalition will buy $80 million of carbon credits from a firm using oil industry technology to capture paper mill emissions and another using rocks to do the same at sewage plants.

by: Business Standard

Global Subject Experts Deliberate on 'Information and Competition in the Digital Economy' at the ISB-NBER 2024 Conference

The third annual ISB-NBER conference on Economic Policy and the Indian Economy was recently hosted at the Hyderabad campus of the Indian School of Business (ISB). National and international subject experts and thought leaders converged at ISB to discuss and deliberate on the opportune theme 'Information and Competition in the Digital Economy.

by: Reuters

VW, unions likely to strike deal in small hours or break off till next year, source says

Volkswagen and German unions will most likely either reach a deal in the early hours of Wednesday or adjourn until the new year, a source familiar with discussions said on Tuesday, as the two sides strive to reach a cost-cutting pact before Christmas.

by: MSN

2024 the 'year of the bond' as record inflows top $600 billion

By Harry Robertson LONDON (Reuters) -Investors have poured a record $600 billion into global bond funds this year, taking advantage of some of the highest yields in decades ahead of an uncertain 2025.

by: Reuters

Experts on Honda and Nissan's talks to deepen ties

Honda and Nissan are in talks to deepen ties, two people said on Wednesday, including a possible merger, the clearest sign yet of how Japan's once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals.

Controversial advertising: When brands cross the line in shock-and-awe campaigns

Just weeks earlier, Zomato CEO Deepinder Goyal stirred controversy with a job ad for Chief of Staff, unapologetically advertising that the role required candidates to pay a `20 lakh "fee" and work for free for the first year.
The article from Financial Express discusses the phenomenon of controversial advertising where brands employ shock tactics to capture consumer attention. It highlights how companies like Balenciaga, which faced backlash for an ad campaign involving children with BDSM-themed items, and others like Dolce & Gabbana, which offended with a culturally insensitive ad in China, have crossed ethical lines in their marketing strategies. The piece explores the fine line between being provocative to stand out in a crowded market and offending public sensibilities, potentially leading to brand damage. It also touches on the psychological aspect of why shock advertising works, citing the need for brands to create memorable and shareable content in the digital age, but warns of the risks involved when such campaigns are not carefully considered. The article concludes by suggesting that while controversial ads can generate buzz, they must be managed with a deep understanding of cultural and social contexts to avoid negative repercussions.

Read the Full The Financial Express Article at:
https://www.financialexpress.com/business/brandwagon-controversial-advertising-when-brands-cross-the-line-in-shock-and-awe-campaigns-3694229/

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