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☆ Premier League clubs spend $1 bln for first time in January transfer window
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +1 min

Feb 1 (Reuters) - Premier League soccer clubs spent a record 815 million pounds ($1.00 billion) in the January transfer window, an analysis from Deloitte's Sports Business Group said on Wednesday. The London club, lying 10th in the league, paid a British record 106.8 million pounds for Argentina midfielder Enzo Fernandez from Benfica on Tuesday's transfer deadline day. Over the whole of the 2022-23 season they have spent 2.8 billion pounds on player transfers, beating the previous record of 1.9 billion pounds set in 2017-18. Relegation-threatened Bournemouth were the second largest spenders within the Premier League. "Premier League clubs have outspent those within the rest of Europe's 'big five' leagues by almost four to one in this transfer window...," said Tim Bridge, lead partner in Deloitte's Sports Business Group.

☆ India proposes cuts in personal income tax rates under new taxation regime
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +1 min

[1/2] Chests of drawers are pictured at the Income Tax office in New Delhi April 5, 2013. REUTERS/Mansi Thapliyal/FilesNEW DELHI, Feb 1 (Reuters) - India will raise the personal income tax rebate limit to 700,000 rupees ($8,565) under the new tax regime from the previous 500,000 rupees, Finance Minister Nirmala Sitharaman said in her budget speech on Wednesday. "This will provide major relief to all tax payers in the new regime," Sitharaman said in her budget speech. "The new tax regime has got a great boost by the budget announcements made by the FM (finance minister)," said Alok Agrawal, partner, Deloitte India. She said an individual with an annual income of 900,000 rupees will be required to pay 45,000 rupees as income tax, while those with an income of 1.5 million rupees would pay 150,000 rupees or 10% of their income.

☆ Analysis: India's EV dawn fans expectations fuel demand may peak early
▼ + stars: | 2023-01-27 | by ( Mohi Narayan | ) www.reuters.com time to read: +5 min

Currently, around 90% of Indian petrochemical demand is met by China, he said, so a shift by Indian refiners towards domestic chemical needs could dramatically change supply dynamics. Indian refiners are investing billions of dollars to raise petrochemical capacity. Indian Oil Corp (IOC.NS), the country's top refiner, is raising petrochemical capacity at its Panipat refinery by 13% and building new plants linked to its Paradip and Gujarat refineries. India's state refiners, which dominate fuel retailers, plan to set up EV charging facilities at more than 22,000 fuel stations and highways by 2024. About 40% of India's fuel demand is for diesel, which is mostly used by trucks.

☆ I made more than $877,000 in revenue last year selling emotional-intelligence card games online. Here's how I built my business.
▼ + stars: | 2023-01-27 | by ( Vartika Puranik | ) www.businessinsider.com time to read: +8 min

Jenny Woo is the founder of Mind Brain Emotion, which sells emotional-intelligence card games. But in 2018, I quit my job at the Montessori school and founded my company, Mind Brain Emotion, where I sell practical card games on emotional intelligence. I used Amazon Ads to bid on keywords that consumers used to search for similar productsA bid is the amount of money you're willing to spend toward a keyword or advertisement. I did more market research between fall 2018 and February 2019, and another card deck was born, 52 Essential Relationships, in March 2019. I went backward to move forward in my business because I recognized that in order to have genuine conversations, trust and understanding are prerequisites.

☆ India is a true bright spot in the midst of a global downturn, top execs and policymakers say
▼ + stars: | 2023-01-27 | by ( Jenni Reid | ) www.cnbc.com time to read: +5 min

But India does shine out among the world's biggest economies, with Europe hovering on the brink of potential recession and U.S. growth slowing. "It's for the whole digital India, and creating a digital society in India," Ekholm told CNBC. watch nowIndia, he continued, "will very shortly have the best digital infrastructure outside of China," driven by telecoms juggernauts Bharti Airtel and Jio, he added. Strong tailwinds"We are very optimistic and very positive on India," the chief executive of Tata Consultancy Services, Rajesh Gopinathan, told CNBC. As Anish Shah, chief executive of Mahindra Group, told CNBC: "India will get impacted.

☆ Netflix is thinking about a free streaming service to boost its ads business, insiders say
▼ + stars: | 2023-01-24 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Netflix said it's open to adding a free, ad-supported streaming service. A FAST offering could help Netflix scale its nascent ads business, which has been slow to take off. Could Netflix launch a free, ad-supported service? A FAST channel — free, ad-supported television — is a linear stream, a model media companies are increasingly using to complement traditional TV and paid streaming services. For Netflix, a FAST could be a quick way to scale its ads business.

The club is one of the world's biggest sporting brands and generated 689 million euros ($750.94 million) in revenue in 2021-22. "Chelsea getting sold in 2022 means a rate has been established on the value of a Premier League club," Joyce said. The Glazers bought United for 790 million pounds in 2005 in a highly-leveraged deal which has been criticised for loading debt onto the club. OLD TRAFFORD INVESTMENTThe Chelsea deal involved the new owners paying 2.5 billion pounds ($3.10 billion) to purchase shares while committing a further 1.75 billion pounds to invest in the club, particularly the stadium. Media reports suggest it would cost one to two billion pounds to renovate.

☆ New Zealand PM Jacinda Ardern's resignation shows burnout is still going strong. Here's how to know when you're there and why calling it quits might be the right thing.
▼ + stars: | 2023-01-21 | by ( Bethany Biron | ) www.businessinsider.com time to read: +6 min

The resignation of New Zealand PM Jacinda Ardern is shedding light on burnout among top global leaders. "I no longer have enough in the tank to do the job justice," Ardern said on Thursday. Insider spoke to experts to discuss how to identify burnout and when quitting might be the best option. Here's how to assess burnout and recognize when it might be time to hit the road, according to experts. "The reality is that burnout really happens in the shadows.

☆ A booming market for gear to help seniors grow older at home is creating an opportunity for investors
▼ + stars: | 2023-01-21 | by ( Michelle Fox | ) www.cnbc.com time to read: +13 min

Alphabet, Amazon and Best Buy are among the fund's plays on the aging in place theme. Best Buy breaks into the space It's Best Buy that has really been doubling down on its efforts to break into the space. Best Buy sees the role of technology within health care becoming much more important. Medicare Advantage's health care at home coverage includes primary care, transitional care when someone is released from a hospital and often hospice care, she said. That should lead to higher earnings power, said Baker, who has a buy rating and $237 price target on Lowe's stock.

☆ Manchester City top Deloitte Money League for second straight year
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +3 min

Abu Dhabi-owned City generated total revenue of 731 million euros ($790.65 million), followed by Real Madrid (714 million euros) and Liverpool (702 million euros). City's rivals Manchester United generated 689 million euros and Paris St Germain made 654 million euros. City posted a Premier League record commercial revenue of 373 million euros in 2021-22, a growth of 65 million euros from the previous season. WOMEN'S FOOTBALLFor the first time, Deloitte's Football Money League also reported on revenues generated from the women's teams at Money League clubs, with sides reporting average revenues of 2.4 million euros in the 2021-22 season. Manchester United reported the second-highest revenue with 6 million euros, followed by City (5.1 million euros), PSG (3.6 million euros), Arsenal (2.2 million euros) and Spurs (2.1 million euros).

☆ Disney and Starbucks are forcing employees back to the office, but your company is unlikely to be next
▼ + stars: | 2023-01-17 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +5 min

Disney and Starbucks are requiring employees to return to the office more often. Even in a recession, many companies would likely stick with their remote working arrangements. Last week, Disney announced that beginning March 1st, hybrid workers will be required to return to the office four days per week, a shift from the company's previous three-days-a-week policy. First, Bloom said remote work "keeps employees happy" and could help companies retain and attract talent as a result. Third, Bloom said his research has found that a hybrid work environment increases productivity.

☆ Shopify is making moves to woo multimillion-dollar businesses. It's a big change to its identity as a small business champion it established during the pandemic.
▼ + stars: | 2023-01-13 | by ( Madeline Stone | ) www.businessinsider.com time to read: +5 min

With the move to Commerce Components, Shopify could target merchants with sales that are more in the $500 million range, Wong said. For Commerce Components, Shopify has already partnered with Mattel, which generated nearly $5.5 billion in sales for 2021. For a subscription fee, Shopify merchants get access to tools to build an online store, ship out products, and process payments. To convince large retailers to use its product, Shopify must show them it has an edge over legacy software platforms. At the same time, it has launched other products, like its advertising product Shopify Audiences, that are available only to larger merchants using Shopify Plus.

☆ 25 books management consultants from firms like McKinsey and Bain recommend for anyone who wants to make smarter business decisions
▼ + stars: | 2023-01-12 | by ( Weng Cheong | Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

Most of their skills are mastered through business school and rigorous training at elite firms. But there are some skills management consultants can learn and develop from books. Leading consulting firms like McKinsey & Company, Boston Consulting Group, and the Big Four account firms (which consists of Deloitte, KPMG, EY, and PwC) are known to be rather tight-lipped about their client work. Insider has compiled a list of books recommended by MBA graduates, business school professors, and consultants. Here are 25 books related to management consulting you should read.

☆ Experts from Okta, Deloitte, and Verizon share how technology enables the future of work in a safe and collaborative way
▼ + stars: | 2023-01-12 | by ( Elle Hardy | ) www.businessinsider.com time to read: +4 min

One study found that knowledge workers waste 32 days per year toggling between apps and saving work. The conversation was part of Insider's event "Insider At CES: How Emerging Technologies Influence the Future of Work," which took place on Thursday, January 5, 2023. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. At this hour-long event surrounding CES 2022, presented by Lenovo in partnership with Verizon, Paayal Zaveri, a senior tech reporter at Insider, spoke with Antar and other future-of-work experts and business leaders about how technology enables the future of work in a safe and collaborative way. It's predicted that up to 25% of the global workforce will continue to work remotely in a substantive way.

☆ Companies Are Inventing Silly, Cute Executive Titles but It's a Trick
▼ + stars: | 2023-01-12 | by ( Drew Limsky | ) www.businessinsider.com time to read: +10 min

Chief amazement officers, chief heart officers, and chief empathy officers are popping up across companies. They also found that titles like chief people officer and chief happiness officer were gaining in use. If you thought home's where the heart is, think again, because the workplace now has a chief heart officer. Sometimes the chief heart officer exists in addition to the head of human resources, a role that is increasingly called, more humanistically, the chief people officer. Claude Silver, the chief heart officer at VaynerMedia and self-proclaimed "first chief heart officer," told Forbes in 2017 that she was "here to be of service" to her staff.

☆ What to expect at work this year
▼ + stars: | 2023-01-11 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +9 min

New York CNN —The pandemic has transformed work over the past three years in ways few expected. Work flexibility is here to stay, and may improve for front-line workersWhile there is still tension between executives and employees about how many days people should be physically present at work, hybrid work and work flexibility isn’t going away. “The big shift is in recognizing our work force is in trouble,” McRae said. Roughly 70% of workers say they’re already doing work outside of their job, according to Deloitte. One recent example, cited in Deloitte’s latest work report, comes from M&T Bank, a leading Small Business Administration lender.

☆ These 4 lucrative side hustles dominated 2022—and they require less than 20 hours of work per week
▼ + stars: | 2023-01-11 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

The couple now only spends about an hour per week managing bookings, they say. She works 10-15 hours per week managing, cleaning and checking in on the bookings. Vending machinesYou might be surprised to learn how lucrative vending machines are for their owners. Now, he spends six hours per week managing 57 vending machines, which bring in an average of $30,000 per month, as his full-time job. In 2018, he moved from Rochester, New York, to Philadelphia and bought two vending machines.

☆ EY Hires Cargill CFO to Manage Finances of Consulting Spinoff
▼ + stars: | 2023-01-10 | by ( Mark Maurer | ) www.wsj.com time to read: +3 min

Ernst & Young recruited Jamie Miller, the departing chief financial officer of Cargill Inc., to lead the finances of its consulting arm, which the Big Four accounting firm is spinning off. Cargill on Monday said Ms. Miller plans to step down from the Minnesota-based agricultural company on Friday. To carry out the split, EY is looking to raise roughly $11 billion in equity and $18 billion in debt. The new consulting firm could struggle to establish itself amid strong competition and a slowing economy, researchers have said. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team.

☆ The US needs 8 times more charging stations by 2030 to handle the coming wave of electric cars
▼ + stars: | 2023-01-09 | by ( Alexa St. John | ) www.businessinsider.com time to read: +3 min

Charging needs to quadruple by 2025 and grow eight-fold by 2030 to accommodate EVs. Specifically, the US needs to quadruple its charging infrastructure by 2025, and grow it more than eight times by 2030, according to a new report out of S&P Global Mobility. Automakers are betting their futures on available chargingA lack of charging infrastructure is a problem, as nearly every major automaker is buying into electrification with billions in new technology, models, and manufacturing. That's despite the fact that a majority of EV charging can be done at home — if an EV owner has access to a garage and plug. That could change with more and more momentum from the Biden Administration, which is targeting a national network of 500,000 public charging stations by 2030 and has slated $7.5 billion toward charging build-out.

☆ Phishing attacks are increasing and getting more sophisticated. Here's how to avoid them
▼ + stars: | 2023-01-07 | by ( Bob Violino | ) www.cnbc.com time to read: +5 min

That's a 61% increase in the rate of phishing attacks compared with 2021. Criminals using phishing attacks based on tax season, shopping dealsOne of the iterations of phishing that people need to be aware of is spearphishing, a more targeted form of phishing that often uses topical lures. Phishing themes can also be generic, such as an email that appears to be from a technology vendor about resetting an account, McNamara said. What people should do to ward off phishing attemptsIndividuals can take steps to better defend themselves against phishing attacks. Another good practice is to use anti-phishing software and other cyber security tools as protection against potential attacks and to keep personal and work data safe.

☆ Car buying is never going back to normal
▼ + stars: | 2023-01-05 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

Supply-chain snarls revealed buyers are willing to wait for the car they want. Changing dynamics mean we're not going backThat doesn't mean everything's going back to normal. Execs at Ford and Stellantis (the Detroit-based parent company of Fiat Chrysler and PSA Group) have expressed similar views in the past few months. Even if they could revert to pre-pandemic inventory and wipe away supply chain issues, car-buyers have adapted to pandemic-induced trends. "The customer orders a vehicle, and then we ship the vehicle to the customer," Farley said in a Q2 earnings call.

☆ Tesla is losing its Supercharger advantage as rivals like GM and Mercedes build their own networks
▼ + stars: | 2023-01-05 | by ( Alexa St. John | ) www.businessinsider.com time to read: +3 min

Mercedes announced at CES this week its plans to launch a "high-power" EV charging network. The announcement is an effort to replicate Tesla's Supercharger advantage. The Supercharger network has long set Tesla apart from any competition, and largely still does. This week at CES in Las Vegas, Mercedes announced it is launching its own version of Tesla's Supercharger network. GM, meanwhile, is establishing an "Ultium Charge 360" charging network in North America.

I took a LinkedIn product manager course to understand the role and tie in my existing skills. 3 months after taking the course, I landed a new job as a product manager. He spoke passionately about the product, which got me excited about pursuing a new career as a product manager. I started with a LinkedIn Learning course that covered the basicsDeal icon An icon in the shape of a lightning bolt. While starting the job hunting process, I took a few additional product management courses, like Product Innovation for Product Managers, Technology for Product Managers, and Product Management: Launching Your Product.

☆ More U.S. consumers want EVs but prices are a concern - Deloitte survey
▼ + stars: | 2023-01-04 | by ( ) www.reuters.com time to read: +2 min

Jan 4 (Reuters) - More U.S. consumers want to buy an electric vehicle (EV) but are concerned about rising prices, while fewer aimed to purchase gasoline-powered vehicles, a survey by consulting firm Deloitte showed on Wednesday. Nearly 7 in 10 prospective EV buyers in the United States expect to pay less than $50,000 for their next vehicle, according to the survey conducted between September and October 2022. More than half of the respondents in the survey said a lack of affordability was the biggest concern when it comes to EV adoption, at a time when top EV makers are raising prices amid high inflation. Internal combustion engine purchase intent dropped to 62% from 68%. "Although historically high transaction prices are a significant challenge for consumers, a strong desire to reduce refueling costs is driving EV purchase intent around the world," Deloitte LLP vice chair and U.S. automotive leader Karen Bowman said.

☆ Google offers several low-cost online programs to help you land tech jobs — we tested one of the courses and thought it was better than a grad school class
▼ + stars: | 2023-01-04 | by ( Julia Pugachevsky | Read More | Read Less | ) www.businessinsider.com time to read: +8 min

Coursera Google IT Support Professional Certificate Learn the skills necessary to apply to entry-level IT jobs, from completing IT support tasks like computer assembly, wireless networking,program installation, troubleshooting, debugging, and customer service. Keep reading to find answers to some FAQs about Google's Coursera professional certificate programs. How much does a Google professional certificate program cost? Is there financial aid available for the certificate program? Coursera Google IT Support Professional Certificate Learn the skills necessary to apply to entry-level IT jobs, from completing IT support tasks like computer assembly, wireless networking,program installation, troubleshooting, debugging, and customer service.

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