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European Central Bank Executive Board member Yves Mersch said on Wednesday that China’s yuan currency is gaining importance in international trade and investment and might ultimately challenge the U.S. dollar. Speaking in Luxembourg, at a conference on the Chinese yuan, Mersch urged the Chinese government to continue reforming its economy and its financial sector because the yuan was taking the first steps towards establishing itself as an international investment currency. Luxembourg is competing with other European financial centers, including London, for a major role in the growing market for offshore yuan.
When word got out that Procter & Gamble had allowed Amazon.com to set up shop inside its warehouses, the consumer-goods giant found itself in another retailer’s cross hairs. The goal was to make it cheaper and faster for Amazon to fill orders for Pampers diapers and Bounty paper towels. But the move riled Amazon’s bitter rival Target, which reacted by retaliating against P&G, according to people familiar with the matter. Several months ago, the discount chain started to give some P&G products less-prominent placement in stores, including less space on “endcaps”—the coveted shelves at the ends of store aisles where featured items are highly visible to shoppers and tend to sell quickly—people in the industry said.
In its most recent financial quarter Barnes and Noble’s Nook business saw a 50.4% decrease in revenue and 58.2% decrease in device sales over the previous year. In fact, in today’s statement announcing the company’s 2014 third fiscal quarter results, the CEO states a new Nook Color is still in the works. Michael P. Huseby, Chief Executive Officer of Barnes Noble Incorporated, said “The Company is actively engaged in discussions with several world-class hardware partners related to device development as well as content packaging and distribution. As a result, we plan to launch a new NOOK color device in early fiscal 2015.”
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Finance World :Top stories of Business world (English) | 3rd October
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ABOUT THIS VIDEO:
There are many online business ideas for beginners, but these 6 are the ones that I find many people can start with an become successful. What most people don’t realize is that not all online business ideas are the same. Some require more work and some will require capital to get started.
Another thing that I need you to understand is that the best online business for me, might not necessarily be the best online business for you. Everybody has their own strengths, therefore, some business ideas will be easier than others.
With that said, take all of these internet business ideas and decide which one you like the best. Start with that one business idea and then move onto the next one. The key to online business is not to have 100 different businesses starting at the same time, it is to get one up and running smoothly and then creating the next business.
Trust me, when I started the Homemade Entrepreneur YouTube Channel I had a lot of people thinking that I created all my businesses as I was telling them about what I do. I didn’t, I started most of my online businesses many years ago, and I just keep building on top of them. What will eventually happen is you will start to make more money, your online business will now be bringing in a passive income, and you can scale everything at once.
If you have any questions on any of these online business ideas for beginners then please ask me in the comment section below. I will be more than happy to help you get started with your very first online business.
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