Finance

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…

India’s shrinking economy is not stopping foreign investors from pouring money into the nation’s stocks betting on a recovery. International buyers plowed a net $6 billion into shares in Asia’s third-largest economy in August, the most since March last year. That’s as all other markets in the region excluding China suffered net withdrawals during the month. Part of it is a bet that Indian equities will play catch-up after trailing the region’s benchmark so far in 2020: the S&P BSE Sensex has underperformed the MSCI Asia Pacific Index by about 6.5 percentage points. Foreigners…

September 4, 2020 8 min readOpinions expressed by Entrepreneur contributors are their own. Brothers Paul and Jim Van Doren opened up a storefront at 704 E. Broadway in Anaheim, California, on March 16, 1966. They manufactured shoes right out of their shop and named their fledgling business the Van Doren Rubber Company.  On opening day they sold 12 pairs. And 50 years later, that company is better known as Vans, and it’s generating $11.8 billion a year in revenue. This is the story of how they became one of largest shoe brands on the planet and what marketers can…

Markets regulator Sebi on Wednesday modified norms pertaining to segregation of portfolio in mutual funds by asset management companies amid the coronavirus pandemic. Generally, segregation is done to separate distressed assets from other more liquid assets in a portfolio. In the wake of the pandemic, the watchdog said the trigger date for segregation of portfolio would be the date on which proposal for debt restructuring was received by the asset management company (AMC). Segregated portfolio can be created in a mutual fund scheme by an asset management company in…