Category Archives: Business

Muslims resorting to triple talaq will face social boycott, says AIMPLB

AIMPLB General Secretary Maulana Wali Rahmani with Executive Members Zafaryab Jilani, Maulana Khalid Rasheed Farangi and Women’s wing head Asma Zahra. File Photo Muslims resorting to triple talaq will face “social boycott” and an advisory will be issued to the ‘Qazis’ that they should tell the grooms that they will not resort to such a form of divorce,… Read More »

Alibaba revenues jump 60% as Chinese growth continues

Revenue at e-commerce giant Alibaba jumped 60% in the first three months of the year, powered by a growing customer base in China. More than 450 million Chinese shoppers used its sites during the quarter, with the average annual spending up by about a third, Alibaba said. The growth pushed revenues for the period to $5.6bn (£4.3bn). But… Read More »

Just Eat and Hungryhouse merger faces competition probe

Just Eat’s £200m plan to take over rival food delivery service Hungryhouse faces a hurdle. The proposed deal has been referred for an in-depth investigation by the Competition and Markets Authority (CMA). Both companies take online orders from customers and act as delivery middle men between them and restaurants. However, the CMA is worried that the combination of… Read More »

Ford ‘set to shed 10% of workforce’

Ford is planning to cut around 10% of its global workforce in an attempt to boost profits, according to reports. Chief executive officer Mark Fields also wants to arrest the slide in the US car company’s share price. The cuts, first reported in the Wall Street Journal, are part of a plan to save $3bn (£2.3bn) during 2017.… Read More »

Cyberattack wave ebbs, but experts see risk of more

LONDON –  The “ransomware” cyberattack that has hit companies and governments around the world ebbed in intensity on Monday, though experts warned that new versions of the virus could emerge. Thousands more infections were reported Monday, largely in Asia, which had been closed for business when the malware first struck Friday. The cases were more contained, however, than… Read More »

China-led AIIB approves seven new members ahead of new Silk Road summit

The China-backed Asian Infrastructure Investment Bank (AIIB) said on Saturday it had approved seven new members to join the bank, a day before China’s biggest diplomatic event of the year kicks off. Leaders from 29 countries will attend China’s new Silk Road forum in Beijing on Sunday and Monday, an event orchestrated to promote President Xi Jinping’s vision… Read More »

Deliveroo overhauls controversial courier contracts

Deliveroo has changed the contract for its couriers after receiving a drubbing from MPs over the so-called “gig economy’s” treatment of workers. The takeaway delivery business has removed a clause that banned couriers from challenging their self-employed status before an employment tribunal. The clause was legally unenforceable. However, the Labour MP Frank Field called it “egregious”, adding: “It… Read More »

Macy’s sales slide stokes fears for US department stores

Shares in Macy’s have plunged after the US department store owner said quarterly sales slid 7.5%. Although some of the decline was due to stores being closed, like-for-like sales fell a worse than expected 4.6%. Chief executive Jeff Gennette said the company, which also owns Bloomingdales, did not have its “head in the sand”. However, Macy’s also expected… Read More »

10 Tips for Establishing Yourself as an Influence Marketer

Influence marketing involves businesses developing relationships with influential people (especially online) in order to help create greater awareness and visibility of their services or product. Rather than targeting the market as a whole, influence marketing focuses on certain key individuals. It has become one of the most effective strategies to reach customers and build brand awareness. Hiring a… Read More »

How The Automation Wave Will Help Small Business

Automation is suffocatingly ubiquitous, or it seems that way when you scan business news. In fact, it is still a new technology that is slowly integrating into everyday work. Of course, we are all familiar with the high-profile applications of automation in marketing and sales, but what about the other near-limitless applications? What about automation in industries like… Read More »