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SEUR, partner de JUST EAT para las entregas de comida a domicilio

JUST EAT, el Marketplace líder de comida a domicilio con presencia en 15 países y más de 5000 restaurantes adheridos en España, confía en SEUR para realizar los pedidos de comida a domicilio de los restaurantes que no disponen de un reparto propio. El acuerdo alcanzado entre ambas compañías, líderes del comercio electrónico en sus […]

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ApprovedBusinessBusiness and finance

Forbidden fruit

Limited connection

MAKING the case that Apple’s gizmos are not “cutting-edge” is a way to goad devotees into an online tirade about the quality of the iPhone’s camera or the slimness of MacBooks. Such debates can usually be ignored by non-geeks. But not in India: a ministerial decision deeming that the tech giant’s products are not “cutting-edge” has, in effect, kiboshed plans to open stores there. It is a second reversal for Apple in a country it says is important to its prospects.

Apple’s application to sell its gadgets through its own stores was rejected because the devices in question are made outside India. Foreign-investment approval is guaranteed only if 30% of a shop’s goods are sourced domestically. The tech firm unexpectedly failed to qualify for an exemption for products that are “state of the art”. Where Apple stumbled is not clear, given the raft of agencies and officials who need to chime in before the finance minister signs off on each new investment proposal.

Arun Jaitley, the current finance minister, backed the decision on the ground that the government of India was concerned…Continue reading

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ApprovedBusiness and financeFINANCEFinance and economics

Bureaucrats at the till

INDIA’S biggest banks tend to have official-sounding names, worthy of a central bank. There is State Bank of India, Union Bank of India, Bank of India and even Central Bank of India (the actual central bank is called the Reserve Bank of India, or RBI). That is because, starting in 1969, the entire financial system was nationalised. Although the government has grudgingly permitted private-sector banks over the past 20 years, the 27 public-sector banks (PSBs), which are listed but majority-owned by the government, still account for 70% of lending. That is a worry, because the PSBs are in terrible shape, having lent freely to companies that cannot pay them back. In response, both the government and the RBI are imposing various reforms—but not the most obvious one.

Indian banks dodged the global financial meltdown in 2008. But they promptly embarked on a frenzy of lending to big companies, sowing the seeds of a home-made crisis. The PSBs gleefully funded infrastructure projects that never got the required permits, mines with an output made much less valuable by slumping commodity prices, and tycoons whose main qualification was friendship with government…Continue reading

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ApprovedBusiness and financeFINANCEFinance and economics

I’m afraid I can’t do that

ARE robots coming to steal our jobs? For those manning the tills at pizza restaurants, the answer seems to be yes. In late May Pizza Hut announced that by the end of the year a robot called Pepper would start taking orders and payment at some of its Asian restaurants, providing a “fun, frictionless user experience”.

There is plenty of research to suggest that restaurant workers are not the only ones at risk. One widely cited paper by Carl Frey and Michael Osborne at Oxford University found that as many as 47% of Americans work in jobs that will be highly susceptible to automation over the next two decades. But a new working paper by Melanie Arntz, Terry Gregory and Ulrich Zierahn of the Centre for European Economic Research paints a slightly brighter picture. The earlier study quizzed experts on the chance that a particular occupation could be automated, and then totted up the proportion of American workers in such jobs. But the newer study suggests that this method was too blunt.

Digging into more detailed data, the researchers find that many jobs involve bundles of tasks, only some of which machines can easily handle. Take…Continue reading

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