BUSINESS

News in English

US Business Delegation to Vietnam
Meta, Boeing, GE Vernova join US business delegation to Vietnam this week. About 50 companies will participate, according to organiser US-ASEAN Business Council. Many of these companies are already active in Vietnam.
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Read more at Moneycontrol
RBI Directs PSBs to Prepare Business Plans Till 2026-2027
The Centre directed Public-Sector Banks (PSBs) to submit their business plans till 2026-2027 (FY27) by the end of March. The proposed plans will then be assessed on a quarterly basis by government-nominated directors on the banks' boards.
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Read more at Business Standard
Tapestry - Data Doesn’t Solve Everything
Customer data is increasingly held up as the answer to these and other problems. What data really is, though, is just a means of understanding customers. For businesses that are able to put it to use, data can help them create the right products in the right numbers, and put them in front of the right shoppers. In August 2020, Tapestry put understanding the customer at the centre of its growth plan.
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Read more at The Business of Fashion
The Political Backlash Against ESG in the U.S
The political backlash against ESG has clearly had its effect on business sustainability efforts, at least in the U.S. But I continue to be impressed by the number of companies that have rebuilt corporate strategies around the climate challenge. I spoke Friday with John Delaney, executive chairman of Forbright Bank, a Maryland-based bank that has put decarbonization at the core of its business.
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Read more at Fortune
Stitch Fix Embraces Artificial Intelligence to Predict Trends
Personal styling service Stitch Fix has finessed how to use artificial intelligence to understand personal style. It’s building on that technology with a new tool that helps to “predict trends” and inform its inventory decisions. The company’s business model aims to solve the paradox of choice in e-commerce.
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Read more at Vogue Business
Arkansas Women-Owned Business Enterprise (MWBE) Certification Program Boosts in 2023
Fifty more businesses were certified last year compared with 34 in 2022. The AEDC maintains a directory of women-owned, minority-owned and service-disabled veteran-owned businesses that are not certified. That directory contains more than 2,100 businesses.
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Read more at Arkansas Business Online
The Laggard’s Lock
We often use new technologies in an inefficient way, failing to realise their full potential. The laggard’s lock is a name that I am particularly fond of. It reminds me of various things, from the world of Harry Potter to the Indiana Jones movies, where a giant gate slams down, blocking everybody and everything. In actual fact, the term here refers to a mind that is trailing behind technological changes.
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Read more at LSE Home
The Future of Workplace Flexibility
30% of women work part time compared to 11 per cent of men. Female-dominated industries employ the highest number of part-time managers. The on-the-go flexibility small business currently provide employees will disappear.
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Read more at The Australian Financial Review
Nuvei NVEI-T Says it is Evaluating a Going-Private Deal
Canadian payments technology company Nuvei NVEI-T said on Sunday it was evaluating proposals that would take the company private. the company said its board has formed a special committee to evaluate "expressions of interest" in the company, including a going-private deal.
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Read more at The Globe and Mail
United States Virgin Islands Armed Forces
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Read more at The Peterborough Examiner