Finance

US Presidential elections: Gold headed for biggest weekly gain since July

Gold headed for the biggest weekly gain since July and copper rose as Joe Biden tightened his grip on the race for the White House, while investors also weighed prospects for further Federal Reserve stimulus. Bullion broke out of a narrow trading range seen over the past month as uncertainty over the election and renewed stimulus hopes boosted demand for the haven. Fed Chair Jerome Powell opened the door to a possible shift in the central bank’s bond purchases in the coming months, saying that more fiscal and monetary support is needed. The Fed kept its…

The 4-Step XaaS Marketing Approach

November 5, 2020 7 min readOpinions expressed by Entrepreneur contributors are their own. The Anything as a Service (XaaS) market is expected to exceed $340 billion by 2024. Companies in nearly every established industry, from home maintenance to health and wellness, have hopped on board the XaaS business model train. Industries seeking explosive growth this year, such as contactless tech, education tech and telehealth, hold promising opportunities for entrepreneurs. The value in recurring revenue is crystal clear. But the marketing strategies are not so obvious. That’s because marketing for XaaS brands requires a different approach than marketing products, whether…

Why leaders need to broaden their world view

Think for a moment about the people in your organization who influence you the most — the ones whose views you listen to most carefully; the ones who can most easily get you to change your mind on, say, a hiring or promotion decision, a reorganization, a resource allocation, or even a new idea. If you are like most leaders, there are a handful a people you trust. When they come to you with information that is counter to what you have been thinking, you listen — and you take their views seriously. It’s likely these messengers share traits that…

Nifty makes K-shaped recovery to wipe out Covid losses, crosses 12K-mark

The benchmark Nifty50 index has crossed the 12,000-mark for the first time since February 20. In the interim eight-and-a-half-month period, the gauge for the performance of India’s 50 blue chip companies plunged to as low as 7,511 on March 23. Since then, it has rebounded 61 per cent, wiping out all the losses triggered by Covid-19. While the index is almost back to pre-Covid highs, the stock prices for over half of its components are still below their February 20 levels. Analysts have coined the term K-shaped recovery to describe the…

How to Turn Your Customer Base Into a Community To Help Your Business Succeed

When people feel like they are part of something, good things happen.Free Book Preview Ultimate Guide to Social Media Marketing This book takes readers through a 360-degree perspective of social media marketing in businesses. November 4, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. When people feel like part of a community, amazing things can happen. When people can gather — in person or virtually — they form relationships that keep them coming back for more. One example is the ever-growing — 1.4 million members currently — a Facebook group for the Instant Pot Community,…

Conditions apply: Festive season offers on home loans decoded

In this podcast, Business Standard’s Sanjay Kumar Singh demystify the process of choosing your lender. Tune in to know more TopicsHome loans | loan | HFCs This festive season, banks and housing finance companies have come out with a variety of offers on home loans. They have either lowered their interest rates or they are waiving the processing fee. But these offers may not be as straight forward as they seem. There could be many ‘conditions apply’ kind of clauses. In this podcast, Business Standard’s Sanjay Kumar Singh demystify the process of choosing your lender. Tune…

China’s decision to halt Ant IPO threatens $400-mn payday for bankers

For bankers, Ant Group’s initial public offering was the kind of bonus-boosting deal that can fund a big-ticket splurge on a car, a boat or even a vacation home. Hopefully, they didn’t get ahead of themselves. Dealmakers at firms including Citigroup and JPMorgan Chase & Co were set to feast on an estimated fee pool of nearly $400 million for handling the Hong Kong portion of the sale, but were instead left reeling after the listing there and in Shanghai abruptly derailed days before the scheduled trading debut. Top executives close to the transaction said they…

Amazon Is Randomly Shipping Boxes in Mario-Themed Boxes

They’re limited-edition boxes, and even buying Nintendo gear won’t guarantee you one.Free Book Preview Ultimate Guide to Social Media Marketing This book takes readers through a 360-degree perspective of social media marketing in businesses. November 3, 2020 2 min read This story originally appeared on Engadget You may get your Amazon order in a Super Mario—themed box even if the item inside isn’t even remotely connected to Nintendo or gaming in general. Nintendo has teamed up with the e-commerce giant as part of Mario’s ongoing 35th anniversary celebration, and one of the things they cooked up is sending out…