Finance

An oil trade that only works when the market is glutted may be about to make a comeback. That’s bad news for producers withholding near-record amounts of crude in a coordinated bid to help prop up prices. Crude futures in London, on Tuesday, fell below $40 a barrel for the first time since June 25. Brent crude was trading at $39.73 per barrel, down 5.43 per cent at 7.47 pm IST. The combination of a stalling Asian demand recovery, the end of the US summer driving season, and increased supply from the Opec+ alliance are signaling…

Creating experiences and being able to influence your customers are the keys to success.Free Book Preview Ultimate Guide to Social Media Marketing This book takes readers through a 360-degree perspective of social media marketing in businesses. September 3, 2020 5 min readOpinions expressed by Entrepreneur contributors are their own. A personal brand allows you to build more trust between your business and colleagues and clients alike. It also boosts your reputation and motivates others to want to do business with you. Now more than ever, there is a strong need for entrepreneurs to build a personal brand. A…

SBI Mutual Fund has announced the new fund offer (NFO) of SBI Magnum Children’s Benefit Fund – Investment Plan. This is an open-end fund that will be part of SBI Magnum Children’s Benefit Fund, which already has a savings plan, a predominantly debt-oriented offering. SBI Magnum Children’s Benefit Fund – Investment Plan will take exposure to equity and equity-related instruments, including equity ETFs, to the extent of 65-100 per cent. The fund’s mandate allows it to invest in debt instruments, including debt ETFs and money market instruments, up to 35 per cent, in real estate investment…

Oil prices fell on Monday as Saudi Arabia made its deepest monthly price cuts to supply for Asia in five months and uncertainty over Chinese demand clouds the market’s recovery. Brent crude was trading at $42.00 a barrel, down 66 cents, or 1.5 per cent, by 12:08 GMT, after earlier sliding to $41.51, its lowest since July 30. West Texas Intermediate US crude skidded 59 cents, or 1.5 per cent, to $39.18 per barrel after hitting $38.55, its lowest since July 10. “The mood has turned somewhat pessimistic in the second…

Here’s how to find your narrative. September 4, 2020 4 min readOpinions expressed by Entrepreneur contributors are their own. Aside from offering a helpful service or great product, what elements separate a successful business from a less popular one? Look closely, and you’ll find one of the most powerful aspects of a brand: its story. Stories tap into a customer’s unconscious mind to increase interest. Linking a narrative to your own business is likely to boost success and memorability. Why stories are popular People are wired to enjoy a good yarn. Centuries ago, storytelling was a major form of…

Weak demand from processors, and upcoming new crop arrival pressure is expected to keep the trend weak for soybean…

September 4, 2020 7 min readOpinions expressed by Entrepreneur contributors are their own. I’ve been an entrepreneur for multiple decades now, and, every few years, I find myself evaluating Instagram for its revenue potential. My opinions have ranged from interest to apathy. Lately, I’m leaning toward interest, perhaps because the platform is trending toward my “guilty pleasures:”  ●  Fitness and workout tips  ●  Fashion ideas  ●  Fun new recipes  Food, Fashion, and Fun. The platform is a way to stay abreast of the posts from my children, their cats, their children, and a broadly dispersed set of friends.  But…

The coronavirus pandemic has been “advantageous” for insurance companies as more customers are willing to pay and secure themselves, said top executives of India’s biggest companies in the sector on Wednesday. The executives, while speaking at the fifth webinar of Business Standard’s six-part Unlock BFSI 2.0 series, agreed the pandemic had made customers aware of buying quality insurance. The pandemic had given a push to digitisation. The experts said serving customers was the bottom-line and were unanimous in hoping for an early end to the crisis caused by the pandemic. The…