Tag: Price Pressures

CMA demands pricing action from energy company | GOV.UK

CMA demands pricing action from energy company | GOV.UK

The Competition and Markets Authority (CMA) has today issued legal directions to Daligas, a London-based company that provides energy to small businesses (SMEs) and domestic customers. A previous CMA Order had required all energy companies supplying Microbusinesses to provide an online tool so SMEs can access accurate energy quotes to compare with other firms, and […]

Saudi plans first change in Asia crude oil price formula in decades, to use DME Oman | Reuters

Saudi plans first change in Asia crude oil price formula in decades, to use DME Oman | Reuters

SINGAPORE (Reuters) – Saudi Aramco plans to change the formula used to price its long-term crude oil sales to Asia starting from October, marking the first change in benchmarks for its official selling prices (OSP) since the mid-1980s, the company said on Wednesday. Trade sources had earlier told Reuters of the planned change. The new […]

Netflix tests ‘Ultra’ tier that could add a higher price option  | engadget

Netflix tests ‘Ultra’ tier that could add a higher price option | engadget

Over the last few years, Netflix has slowly rolled out a series of price increases for its streaming service. After the debacle of 2011 that occurred when it announced a split between its streaming and disc service to create “Qwikster” the company has been more sensitive to potential backlash. The company’s next move could be […]

Thrice, in a trice, IBM cloud cuts prices | The Register

Thrice, in a trice, IBM cloud cuts prices | The Register

IBM has cut the price of cloud services three times in a week. It’s far from unusual for clouds to cut prices: AWS and Azure often trade price cuts and say they’re duty bound to pass them on as their economies of scale improve. IBM, however, enjoys a lowly position on Gartner’s most recent Magic […]

Sebi proposes ways for more transparency in spot price polling mechanism | The Economic Times

Sebi proposes ways for more transparency in spot price polling mechanism | The Economic Times

NEW DELHI: To improve transparency and credibility to the spot price polling mechanism in commodities, Sebi has proposed to make it compulsory for exchanges to accredit an independent polling agency and bring such agency under its purview. The capital markets regulator has come out with a consultation paper on ways to enhance efficiency in the […]

Iran sanctions could soon push oil prices above $90 a barrel, BoAML says | CNBC

Iran sanctions could soon push oil prices above $90 a barrel, BoAML says | CNBC

President Donald Trump’s sustained bid to disrupt Iran’s petroleum exports could soon help to push oil prices above $90 a barrel, analysts told CNBC on Thursday. Crude futures were seen hovering close to multi-year highs during early afternoon deals, after a bigger-than-expected drop in U.S. stockpiles added to a rally fueled by a major Canadian […]

Uniqlo sister chain aims for fast fashion at half the price | Nikkei Asian Review

Uniqlo sister chain aims for fast fashion at half the price | Nikkei Asian Review

TOKYO — Japanese casual wear chain G.U. is rethinking its identity and pricing strategy as it endeavors to emerge from the shadow of its powerhouse sister, Uniqlo. G.U. chief executive Osamu Yunoki told Nikkei that “lower pricing” is the key to differentiating the chain from its thriving sibling, which emphasizes practical apparel. “Although there may […]

Why Apple Might Rethink Its iPhone Pricing a Little | The Street

Why Apple Might Rethink Its iPhone Pricing a Little | The Street

Two well-respected analysts think Apple (AAPL) will be more flexible with its iPhone pricing this year, and they have their reasons. On Tuesday, Morgan Stanley’s Katy Huberty forecast Apple will assign an $899 starting price to the 5.8-inch iPhone X successor that’s due to launch this year, while charging $100 more for a 6.5-inch model. […]

June 25: Soybean Prices Crater As Trade War Accelerates | FarmLead

June 25: Soybean Prices Crater As Trade War Accelerates | FarmLead

Soybean prices collapsed again Monday. Markets remain fearful that a trade war between the United States and its primary trade partners will only worsen. Markets sold off after news broke that President Trump is considering restrictions on certain nations from investing in American technology companies. In addition, the European Union has retaliated with tariffs on […]

Lexis’s Legal Pricing Strategy Has Haters, But Might Be a Risk Worth Taking | Legaltech News

Lexis’s Legal Pricing Strategy Has Haters, But Might Be a Risk Worth Taking | Legaltech News

Sometimes, there’s not much that can help the medicine go down, and when there’s not, it becomes clear the rather repugnant taste of it (the medicine). This is a metaphor for the now center-stage discussion taking place regarding the pricing practices of LexisNexis and the cease and desist letter prepared by AALL, which argues that […]