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If Trump were a CEO, his board would have fired him by now - Dotemirates

If Trump were a CEO, his board would have fired him by now

Close Donald Trump Lashes Out At 'Gutless' Anonymous NYT Op-Ed White House YouTube Channel Donald Trump Lashes Out At 'Gutless' Anonymous NYT Op-EdWhite House YouTube ChannelDonald Trump Lashes Out At 'Gutless' Anonymous NYT Op-EdWhite House YouTube ChannelThe Trump White House has endured a lot of bad publicity in its short lifespan, but recent disclosures may be among the worst.On Sept. 4, an early account of Bob Woodward's new book revealed the "nervous breakdown" unfolding within the Trump administration. Then, the next afternoon, a "senior official" went public – albeit anonymously – with an op-ed piece in The New York Times.What...


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3 hour 41 minute

Xiaomi to set up 5,000 offline stores in rural India by 2019-end

New Delhi: India's largest smartphone vendor Xiaomi said on Tuesday it will set up 5,000 Mi Stores across rural India by the end of 2019, a move that is expected to generate over 15,000 jobs. Xiaomi, which entered India in 2014 and sold smartphones exclusively online, ventured into offline retail in 2017. It operates its own chain of Mi Homes, apart from Mi Preferred Partners through franchise model. "It's been over a year since we started offering our products through offline retail and we have seen strong growth there ... About 4-5 months ago, we started piloting what we called...
3 hour 47 minute

Kotak, L&T, NBCC, 2 others submit EoI to take over bankrupt Jaypee Infratech

New Delhi: Five companies -- NBCC, Kotak Investment, L&T Infrastructure, Singapore-based Cube Highways and Suraksha group -- have shown interest in taking over debt-ridden Jaypee Infratech, which is facing bankruptcy proceedings in NCLT. Jaypee Infratech's Interim Resolution Professional (IRP) Anuj Jain had in October initiated a fresh initiative to revive Jaypee Infratech on NCLT's direction after lenders rejected over Rs 7,000 crore bid of Suraksha group. Jain had invited Expression of Interest (EoI) from companies to submit resolution plan to revive Jaypee Infratech Ltd (JIL), which has many stuck housing projects in Noida and Greater Noida. The IRP has received...
3 hour 57 minute

Fighting fires with "forest resilience" bonds

The rocky Yuba River meanders in a remote corner of California. It's here that insurers, environmentalists and venture capital firms are joining forces to create a "Forest Resilience Bond" aimed at solving a multibillion-dollar problem plaguing the wildfire-ravaged state.Nearly 100 people have died and 1,000 are unaccounted for from the two most recent mega-fires, both of which remain active. And in what the Association of International Fire Chiefs now calls "a year-round fire season" for this and other tinderbox states, more destructive blazes are all but a certainty.Rain could cause ash flows in town devastated by Camp FireCalifornia throws lifeline...

4 hour 3 minute

Is it time to put a tax on meat?

First they came for cigarettes, then soda. Will those favoring taxes as a remedy for health problems now come for our barbecue?Slapping taxes on processed meat and red meat could prevent 222,000 deaths and save $41 billion in global health costs every year, according to a new study.The figures are based on studies that have linked red meat consumption to cancer, diabetes and stroke. In the U.S., the proposed tax would be set at 163 percent on processed meat such as sausages or bacon, and 34 percent on red meat, like steak or ground beef."In the U.S.A., tax levels are...
4 hour 11 minute

Pakistan in final round of talks with IMF over bailout deal

ISLAMABAD: Pakistan and the International Monetary Fund are into their final round of talks over an $8 billion bailout package Islamabad seeks from the international lending agency to overcome the country’s economic woes.Finance Minister Asad Umar acknowledged the two sides have differences and that the talks may not end on Tuesday.Authorities say they are still at odds over electricity rate hikes, as well as interest rate hikes and tax collection targets, and that the IMF is looking for more than Pakistan’s new government feels it can manage.Pakistan has been approaching the IMF since 1980s and received a $6.7 billion loan...
4 hour 12 minute

Boots travel insurer faces double investigation

A firm that claims to be one of the biggest travel insurance providers in the UK is facing two investigations into its conduct.Travel Insurance Facilities (TIF) - which sells through the High Street chain Boots - is being accused of failing to provide proper care to policyholders.According to an investigation in The Times newspaper, some patients were left stranded abroad.However, TIF denies any misconduct.The General Medical Council (GMC) is investigating two doctors who work for the firm. The Financial Conduct Authority (FCA) is also examining allegations against the company, after it was handed a 40,000 word dossier of complaints.Those complaints...