BUSINESS

Trump Media lost $58.2 million in 2023, compared with a profit of $50.5 million. The Truth Social owner generated just $4.1 million in revenue, although that was up from $1.5m in 2022. That long-delayed deal was completed last week, paving the way for Trump Media to receive an influx of approximately $300 million in cash.
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1 year ago Read more at CNN International

Embrace technology and digital transformation In the digital age, technology plays a pivotal role in business operations and value proposition. As of 2022, businesses that fully embrace digital transformation are more likely to attract higher valuations when it comes time to sell. To position your business for a successful sale in 2025, focus on improving profitability, minimizing debt and maintaining a healthy cash flow.
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1 year ago Read more at Entrepreneur

Tupperware warned investors it could be out of business within a year. In a 10-Q filing with the Securities and Exchange Commission, the company said it could have inadequate liquidity to fund operations. This is hardly the first time the company has warned the end might be near. It warned investors that its financial problems might be insurmountable.
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1 year ago Read more at Fortune

The research company Teikoku Databank announced that 11 marriage agencies went bankrupt in 2023, the highest number ever. A further record 11 either suspended their business or went into dissolution.
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1 year ago Read more at Nippon.com

The Philippines’ manufacturing sector experienced a slight uptick in its performance last month. The S&P Global Philippines Manufacturing PMI remained relatively steady, inching down marginally from 51 in February to 50.9 in March. Various factors contributed to this downturn.
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1 year ago Read more at Bilyonaryo Business News

Uptick reported widely across nearly all sectors and regions Future sales improves to +4 from +10 Overall indicator to -2.42 from -3.09 27% of firms expect recession in next 12 months from 38% in Q4. Wage growth remains high but firms expect it to slow 74% of firms think wage growth will be back to normal in 2025. USD/CAD is largely unmoved on the report.
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1 year ago Read more at ForexLive

Exos released the evidence-based Readiness Culture Code as a tool to help coach employees to think differently about how they approach work. Even with the shift to a four-day workweek, exos' sales pipeline grew 211% YoY from July to December. Key learnings from the study include: Even with a shift to an incremental sales pipeline YoY, 91% of employees believe they spent their time effectively at work, whereas only 64% of employees felt this way before the pilot
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1 year ago Read more at PR Newswire

Convrs, an omnichannel messaging platform, has emerged as a tailored solution addressing the specific needs of such organizations. The Trading Pit, a prop trading firm, underscores the potential impact of the platform. They anticipate enhancements in internal processes, management strategies, and overall communication approaches.
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1 year ago Read more at TradingView

K-One Technology Bhd has progressively obtained appointments from foreign manufacturers as authorised representatives to distribute healthcare products in Malaysia. The group intends to scale up its healthcare products business and expects to contribute 25% or more of the net profits of the group.
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1 year ago Read more at The Star Online

integrating strong environmental, social, and governance principles into growth strategies leads to outperformance in terms of growth, profitability and shareholder returns. Done right, a greater focus on ESG can become a catalyst for innovation, greater efficiency, lower costs and business growth. Schneider Electric exemplifies this shift.
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1 year ago Read more at Daily News Egypt