August 2016
OPEC, Saudi remarks give oil bulls hope
OPEC’s comments and Saudi Arabia’s indication that it is interested in stabilizing the market have encouraged oil bulls. “The fact that the Saudis are open to any action is an important signal,” said Mike Wittner, […]
Brexit reportedly might not begin until late 2019
Britain might not withdraw from the EU until toward the end of 2019 because the UK government ministries that will handle the negotiations are still recruiting staff, the Sunday Times reported without identifying its sources. […]
Food-delivery startups are facing a harsh reality
Customers of Postmates and other delivery startups have complained of opaque and misleading pricing practices, writes Alison Griswold. Postmates and its competitors are operating as middlemen in industries with slim margins, making it tough to […]
Instagram Stories get early thumbs-up from media companies
Media companies such as Comedy Central, CNN, People, Cosmopolitan and Food Network have been quick to try out Instagram’s new Stories feature. The platform is making Stories highly visible by placing them at the top […]
HBR – What Uber’s China Deal Says About the Limits of Platforms
On August 1 Uber announced that it is selling its Chinese brand and operations to Didi Chuxing for $1 billion, its annual burn rate in that market, in exchange for a 20% stake in the local […]
McKinsey – Inside the Mind of a Venture Capitalist
What do venture capital firms look for when they back entrepreneurs? With billions of dollars flowing into start-ups around the world, that question has never been more important, nor the answer more consequential. Read full […]
Lean Strategy
By Tristan Van Iersel. The lean strategy process ensures that startups innovate in a disciplined fashion so that they make the most of their limited resources. Lean strategy helps company builders choose viable opportunities, stay focused, and align the entire organization. The […]
IMF sees South Korea’s economy picking up pace in 2017
The South Korean economy’s growth pace of 2.7% this year should improve to 3% in 2017 with the help of greater private consumption and a more robust housing market, the International Monetary Fund predicts. Difficulties […]
IMF flags shadow credit risk in China
High-risk shadow credit products with yields of 11% to 14% now total 19 trillion yuan, potentially posing a greater risk to China’s economy than corporate loan defaults, according to the International Monetary Fund. The IMF […]