BUSINESS >>Insider's Eye

Gap between China and India widens under Modi

As the 2019 Indian general election gets underway, there has been discussion about whether India has lagged further behind China over the past five years under the Modi government.
Source: Global Times | 2019/5/13 20:48:40

Uber's takeout service has recipes to avoid food delivery indigestion while feeding diners profitably

Uber Technologies has recipes to avoid food delivery indigestion. The US ride-hailing giant hopes a $795 billion global takeout market can offset slowing growth in its core business. Established rivals ...
Source: Global Times | 2019/5/12 18:23:39

Services for everyday needs power China's economy

As trade talks between the world's two largest economies continue, stock markets in the two countries have taken a hit since US President Donald Trump made startling China tariff threats ...
Source: Global Times | 2019/5/12 18:18:39

Aviation is acid test for UK's credibility on climate as raising cost of holidays will prove unpopular

Britons should enjoy cheap stag weekends in Latvia while they can. The UK government has been encouraged by its own advisory body to cut net greenhouse-gas emissions to zero by ...
Source: Global Times | 2019/5/9 17:43:41

EU needs unified stand to conclude BIT with China

During the China-EU summit on April 9 in Brussels, Belgium, the two sides were committed to achieving “decisive progress” for the conclusion of a China-EU Comprehensive Investment Agreement in 2020 ...
Source: Global Times | 2019/5/9 17:43:40

Luckin Coffee roasts a rich IPO, but promotions and lack of profits could mean over-caffeination

Luckin Coffee is serving up a rich brew. It said on Monday it plans to raise as much as $590 million in an initial public offering as it races to ...
Source: Global Times | 2019/5/8 20:03:36

India needs to change mindset on Belt and Road

India's stubbornness in staying away from the China-proposed Belt and Road Initiative (BRI) is nothing but a continuation of missing out on valuable growth opportunities that are right in front ...
Source: Global Times | 2019/5/8 19:59:43

Australian govt needs to be pragmatic toward China

With Australia's 2019 federal election set to start later this month, speculation about Chinese meddling in its domestic politics surfaced again recently. While the new round of hype over Chinese ...
Source: Global Times | 2019/5/7 20:22:15

HSBC shareholders' faith looks likely to be repaid as rich valuation reflects spare buyback ammo

HSBC's first-quarter results shore up its rich valuation. The global bank reported a robust 10.6 percent return on tangible equity in the first three months of the year, buoyed by ...
Source: Global Times | 2019/5/7 20:18:40

E-payment platforms necessary for Africa's economy

Africa is facing challenges that are taking root due to not engaging with micro-economic policies that focus on bringing small and medium-sized enterprises (SMEs) to a level required for stable ...
Source: Global Times | 2019/5/6 19:58:40

American workers take one for the team to keep the US economic recovery going

American workers are paying the price for keeping the economic recovery going. US job creation accelerated in April, trimming the unemployment rate to a 50-year low of 3.6 percent. Yet ...
Source: Global Times | 2019/5/6 19:53:41

Economic potential unleashed only when everyone in China enjoys holiday

For those living in the world's second-largest economy, one significant change for 2019 is the May Day holiday, which has been extended from one to four days, a favorable move ...
Source: Global Times | 2019/5/5 16:18:40

Amid growing scrutiny of Silicon Valley, Amazon's best weapons are its sprawl and usefulness

Jeff Bezos's first letter to shareholders in 1998 said that “it's all about the long game.” With revenue of $60 billion over the last three months alone – roughly ...
Source: Global Times | 2019/5/5 16:18:39

UK watchdog blocks supermarket merger, but may see future deals at bargain bin prices

J Sainsbury's proposed 7.3 billion pound ($9.47 billion) takeover of Walmart-owned Asda has been shelved but UK supermarket mergers may well resurface in the future – in the bargain bin.
Source: Global Times | 2019/4/29 16:21:38

Poverty reduction among China's greatest successes, Graham Allison says

There have been several rounds of China-US trade talks since a trade truce was declared late last year by the leaders of the two countries at the G20 meeting in ...
Source: Global Times | 2019/4/29 16:16:22

Chinese brands can flourish by tapping into culture

Traditionally, a country can elevate its soft power by holding a major event, like the Olympic Games, or through exercises in public diplomacy. But an oft-overlooked fact is that soft ...
Source: Global Times | 2019/4/28 19:08:40

Instagram is becoming Facebook's cash cow but risks being tainted by the social network's problems

Instagram is becoming Facebook's sugar daddy. The $521 billion social network's image-sharing unit is a big reason for the company's strong first-quarter top-line growth. There's room to wedge more revenue-earning ...
Source: Global Times | 2019/4/28 19:03:39

Travel company Thomas Cook's survival relies on risky breakup between tour and airline business

Thomas Cook's best case may be a risky breakup. The struggling tour operator's shares jumped around 16 percent on reports of a bid by Chinese group Fosun International or private ...
Source: Global Times | 2019/4/25 17:18:40