Thursday, September 24
Jorge H. Martínez, the owner of a small Mexican company near the U.S. border, has seen how President Donald Trump's threats of steep tariffs have upended markets, bent geopolitics and thrown businesses into uncertainty.He's thrilled about it.As much of Mexico's business world worried over the nightmare outcomes that tariffs could cause, Martínez saw an opportunity."In a crisis, if you're prepared, you win," Martínez, 40, said as he sat in his office above the hum and clank of machines spitting out tiny plastic parts by the dozen. "Truth is, this whole thing benefited us."He is the CEO of Micro Partes, which has about 50 employees in the industrial city of Monterrey. They create a tiny universe of straps, plugs, fasteners, grommets, zip ties and clamps -- objects that are critical to man
The Indian Food and Beverage Association (IFBA), which counts McDonald’s, Wingreens and Ferrero as members, has flagged “no palm oil” labels in packaged foods as “misleading marketing gimmicks”, amid increasing number of brands using the tag claiming to be a differentiator.“Labels like “palm oil free” overshadow credible dietary guidance and have become a marketing tool. Food choices are often driven by social media trends rather than scientific evidence,” IFBA said, Tuesday. The organisation further “cautioned consumers against taking health advice from influencers who amplify half-truths without nutritional expertise.”Dozens of biscuits, snacks and bakery products on retail shelves as well as selling direct-to-consumer have been promoting “no palm oil” on their
India’s capital markets may be vulnerable to sophisticated derivatives manipulation because, unlike China, they lack key deterrents that would dissuade high-frequency traders (HFTs) from attempting similar schemes, according to Nilesh Shah, managing director of Kotak Mahindra Mutual Fund.In a sharply-worded opinion piece published in the Financial Express, Shah drew a stark contrast between Indian and Chinese markets, highlighting three structural deterrents that he believes make such manipulative conduct nearly impossible in China.“First, Chinese markets are largely closed to foreign speculators for such activities, limiting access,” Shah wrote. “Second, Chinese regulators wield formidable power, employing tactics akin to sam, dam, dand, bhed (persuasion, fines, punishment, or div
Mumbai: Shares of fast-moving consumer goods (FMCG) firms advanced Monday after Godrej Consumer's quarterly business update pointed to improved demand prospects. Godrej is the third company after Dabur and Marico to signal a stronger-than-expected growth outlook, but some analysts warn against painting these performances as an industry-wide trend."A sequential improvement in volume growth and revenue growth indicated by Godrej Consumer Products, Dabur and Marico led to renewed investor sentiment," said Ajay Thakur, research analyst - FMCG, Anand Rathi Institutional Equities. "A good monsoon is seen propping up rural demand and an uptick in urban demand also supports sentiment."The Nifty FMCG Index gained 1.7% on Monday, while the benchmark Nifty remained flat. Of the 15 stocks on the FMCG
Mumbai: The Securities and Exchange Board of India (Sebi) is planning to enhance its surveillance system to check manipulation in the derivatives market, chairman Tuhin Kanta Pandey said on Monday. This follows the regulator barring US-based proprietary trader Jane Street from the securities market for allegedly generating illegal profits by manipulating indices through large derivatives positions. "This (Jane Street case) is essentially a surveillance issue," Pandey said on the sidelines of an event. "Surveillance mechanisms will be upgraded further to strengthen oversight." He added that monitoring will continue at Sebi's as well as stock exchange levels. 122307866 Assessment from Various Angles "Manipulative practices can be worked out by different players in different ways," Pandey sa
