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Jtgd Economic retail sales fall again
 Friday 11 November 2016 11:00 amSingles Day: What owala  can British retailers learn from Chinarsquo  version of Black Friday By: Thomas SponyShareFacebookShare on FacebookXShare on TwitterLinkedIn brumate cup Share on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleToday marks the worldrsquo  largest e-commerce event. No, itrsquo  not Black Friday yet ndash; Singles Day is taking place in China, and itrsquo  bigger than Black Friday and Cyber Monday combined.At midnight local time it took Alibaba just 52 seconds to take its first 1bn renminbi pound;116m  and just under seven minutes to reach 10bn renminbindash; and thatrsquo  just the beginning.The event has become a holy grail for e-commerce, currently the fastest growing retail channel. Nearly half of Chinese families already buy groceries online ndash; twice as many as in the UK. This represents the kind of success British retailers can only dream of.Black FridayThe UK is still finding its feet when it comes to these one-day sales events. Asda introduced Black Friday to the UK consumer in 2013 but, after two short years, customers coming to blows in the aisles and major concerns that the event was only cannibalising Christmas sales, the retailer announced las owala wasserflasche t year that it would not be taking part again. So what can the remaining retailers do to make Black Friday replicate the success of events like Singles Day  A starting point would be a reputational overhaul.Mention Black Friday in the U Hslz UK holidaymakers could be fined for speeding overseas as EU looks set to get access to drivers rsquo; records
 Thursday 08 March 2012 8:02 pmThe pay figures are only half the storyBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on Googl stanley quencher eTHERE is little doubt that competit owala ca ion for talent in financial services remains as fierce as ever. But that is naturally being reflected differently in the dynamic growing economies of the world versus the sclerotic old world.Consultancy group Mercer reports that execs in Asia can now expect a real-terms pay rise of more than double that of their rivals in Europe and twice their American counterparts.The disparity is likely to be even more stark than Mercerrsquo  research suggests, because it excludes pay freezes, which have become rather popular in Europe of late.European financial services firms have also been trimming pay for several years and are more likely to have deferred pay plans vesting now from fatter years, inflating their remuneration figures.In Asia, many ban stanley becher ks are still going on hiring binges, with runaway inflation driving up costs ndash; as is consistently reflected in financial results for lenders like HSBC. But as costs rise in Asia, revenues donrsquo;t necessarily follow: 8200;Dealogic published data last year showing that revenues had actually fallen for investment banks in Asia.But there are two key differences: 8200;in Europe and the US, financial services firms are boosting pay the most for control and