Ray Attrill, Head of FX Strategy at National Australia Bank in Sydney, said that “the improvement in risk sentiment has carried the day” for the Aussie after initially being dragged lower by negative news out of New Zealand and second quarter wage data. … [Read more...] about Asian stocks set to track Wall Street’s defiant rally
4. Make more money Social norms evolve in multiple directions. The NFL may not like the movement by fans toward embracing social justice or caring about player safety, but they should like the evolution of sports betting. State after state keeps legalizing online sports betting, with a lot more to come in 2021. It’s time to merge TV broadcasts and live sports betting. Let fans bet online on each play, each possibility, throughout the course of the game, with the odds constantly evolving and updating on screen. Partner with a major sports book such as FanDuel or DraftKings (full disclosure: my venture capital fund is an investor in FanDuel) and take a vig on every single bet. … [Read more...] about The NFL is dying. Could the coronavirus save it?
So what can airlines do? United Airlines went the route of appropriating health and wellness by partnering with Cleveland Clinic and Clorox. Similarly, Hilton Hotels is partnering with Mayo Clinic and Lysol. For United, it was little more than a veneer—and completely lacking in empathy. Customers saw through it and looked to Delta. Delta promised to keep the seat next to you open and was the first to remove passengers for refusing to mask up. Even without a Clorox endorsement, Delta seems to be winning because the airline put people, not profits, first. (Textbook health and wellness move.) … [Read more...] about Why every brand now needs to behave like a health and wellness brand
"The running assumption in markets has been President Trump needed the phase one deal to succeed, as much as China, this side of the November elections... At the same time President Trump is running a hard China line into the elections," Strickland added. … [Read more...] about Asian shares on backfoot as focus shifts to US stimulus, China tensions
Terming the draft EIA as “disastrous”, Gandhi said the novel coronavirus pandemic “should have made the government reflect and reconsider its environmental and public health governance”. However, she said, the Environment Ministry “is handing out clearances during the lockdown without proper public consultations.” … [Read more...] about Sonia Gandhi slams Centre over draft EIA, says govt ‘must stop dismantling India’s environmental regulations’