BUSINESS

Five Degrees of Change is the Business Post’s PwC sponsored energy and environment podcast. This week’s episode is with Tomás Sercovich, chief executive of Business in the Community Ireland (BITCI), a business association providing advice and leadership on sustainability and corporate social responsibility.
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2 years ago Read more at Business Post

Performance highlights on a constant (and actual) exchange rate basis New business profit up 45 per cent (43 per cent) to $3,125 million. Excluding the effect of interest rate and other economic movements, new business profits up 47 per cent. Operating free surplus generated from in-force insurance and asset management business of $2,740 million (2022: $2, 725 million ($2,760 million)
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2 years ago Read more at Macau Business

Nvidia CEO Jensen Huang said Artificial Intelligence (AI) will help India's transformation from being IT back office of global companies to the front office for engineering, finance, marketing and sales. He said that AI is used for engineering and finance, finance and marketing and marketing. This comes after India announced a new generation of AI chips that are 30 times more powerful than the preceding version.
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2 years ago Read more at Hindustan Times

Unilever said it intends to transform itself into a simpler, more focused and higher-performing company by separating the ice cream business. The move expected to result in a loss of 7,500 jobs.Unilever's Indian subsidiary ( HUL) said it is evaluating various options.
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2 years ago Read more at ETRetail

Hindustan Unilever Ltd. is evaluating various options for its ice cream business, the company told CNBC-TV18 exclusively in a statement. The move comes after its parent unilever Plc decided to spin off its $8 billion ice-cream business. Ice cream contributed 3% to HUL's overall revenue in financial year 2023.
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2 years ago Read more at CNBCTV18

Cerinah Tugume has built a multi-million shilling business that is now an authority in the beauty industry. Since joining Vivo Energy for six years, she has been making up brides as a side hustle for 11 years. At the time, she had been thinking through the option of giving her business a chance.
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2 years ago Read more at Monitor

Nvidia Chief Executive Officer Jensen Huang is reportedly keen to be a part of India's plan to ramp up its AI super-computing infrastructure for startups, academia, researchers and industry. Huang said he was willing to throw in his "thoughts, if India is buying GPUs for AI. The global AI market is projected to grow from $168.5 billion in 2022 to over $2 trillion by 2032.
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2 years ago Read more at Business Today

Emma Loisel is co-founder and chair of Volcano Coffee Works, an independent coffee roastery providing freshly roasted coffee to cafes and restaurants. She believes that the two functions need to work together in order to quantify results and get the best out of a business. In fact, where HR is seen to be about people and performance is seen as a top-line financial target, she says.
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2 years ago Read more at Re:locate Magazine

Multiple Memphis business owners are battling with the city to get blight cleaned up. When Miguel Valdez sees the trash heap growing in the abandoned car wash next to his business, he sees red. They say the city keeps closing their 311 tickets and no action’s been taken.
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2 years ago Read more at Action News 5

China's changing business environment partly reflects moves by Beijing to minimize risks due to trade friction and dependence on imports of key commodities or industrial products. China recently has sought to emphasize its openness to foreign companies and investment. In part, China is unhappy with an ongoing European Union investigation into subsidies for electric vehicles in China.
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2 years ago Read more at KEYT