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COLUMBUS, Ohio, Oct. 14, 2020 /PRNewswire/ — As the COVID-19 pandemic puts immense pressure on American business, driving record levels of unemployment and an increasing number of closures, advisors and financial professionals say their practices are not immune to the impact. Nationwide’s sixth annual Advisor Authority Study, powered by the Nationwide Retirement Institute, surveyed more than 1,800 advisors, financial professionals and individual investors to examine these pressures and reveal how advisors and financial professionals are using technology to adapt their firms and preserve profitability.

“When advisors and financial professionals think about the success of their practice over the next 12 months, they think about the impact of COVID-19—and we understand their concerns,” said Craig Hawley, Head of Nationwide’s Annuity Distribution. “However, by re-tooling with the right technology, advisors and financial professionals can continue delivering an exceptional client experience, retain current clients and attract new ones, ensuring their practice

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In: Profitability

COLUMBUS, Ohio, Oct. 14, 2020 /PRNewswire/ — As the COVID-19 pandemic puts immense pressure on American business, driving record levels of unemployment and an increasing number of closures, advisors and financial professionals say their practices are not immune to the impact. Nationwide’s sixth annual Advisor Authority Study, powered by the Nationwide Retirement Institute, surveyed more than 1,800 advisors, financial professionals and individual investors to examine these pressures and reveal how advisors and financial professionals are using technology to adapt their firms and preserve profitability.

(PRNewsfoto/Nationwide)

“When advisors and financial professionals think about the success of their practice over the next 12 months, they think about the impact of COVID-19—and we understand their concerns,” said Craig Hawley, Head of Nationwide’s Annuity Distribution. “However, by re-tooling with the right technology, advisors and financial professionals can continue delivering an exceptional client experience, retain current clients and attract new ones, ensuring their practice

… Read More

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Independent editorial reviews highlight solutions that help SMBs navigate a wide array of challenges including those driven by COVID

business.com Best Picks Program

Best Pick selections highlight the solutions that help small business owners continue to adjust and grow in the face of COVID-19.
Best Pick selections highlight the solutions that help small business owners continue to adjust and grow in the face of COVID-19.
Best Pick selections highlight the solutions that help small business owners continue to adjust and grow in the face of COVID-19.

WALTHAM, Mass., Oct. 14, 2020 (GLOBE NEWSWIRE) — Today business.com, a trusted source of information for small to medium-sized business looking to start, run or grow their operations, announced the formal launch of its “Best Picks” program. Driven by business.com’s extensive product reviews section, the program evaluates the industry’s best tools and services specifically designed to help small businesses grow. Reviewed and selected by a team of independent researchers, today’s newly released Best Pick selections highlight the solutions that help small business owners continue to

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By Liz Lee and Scott Murdoch

KUALA LUMPUR/HONG KONG (Reuters) – Malaysian rubber glove maker Top Glove Corp Bhd

, riding a wave of demand generated by the coronavirus outbreak, has hired banks to arrange a Hong Hong listing that could raise at least $1 billion, two sources said.

Citigroup

, China International Capital Corporation (CICC) <3908.HK> and UBS

, will manage the listing, said the two sources, who have direct knowledge of the matter but can’t be named as the information is not yet public.

Another source, also declining to be named as the process is private, said the world’s largest glove maker could be more ambitious and look to raise as much as $2 billion.

The company, which is already listed in Malaysia and Singapore, in a filing to the Kuala Lumpur exchange on Monday said it is evaluating a dual primary listing on Hong Kong’s stock exchange.

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Amazon’s annual Prime Day sale event can feel super overwhelming. 

Also: How to find the best deals for business

There are over 80,000 items on sale this year. Some are legitimate, while others should be ignored. So, to help you get the most out of Prime Day, which is exclusive to Amazon Prime subscribers, ZDNet is rounding up only the best deals. In this guide, we’ve selected items that professionals, remote workers, and commuters might find interesting.

We’ll regularly update this guide over Oct. 13 and Oct. 14 with deals as we find them. If you’d like to find more consumer-focused deals, as well as some tips and tricks, check out our Prime Day hub, where we’ll provide you with plenty of resources so that you can master Amazon’s 48-hour blowout sale. Hopefully, with our help, you won’t miss a deal.

Best Amazon Prime Day 2020 tech deals

Remember, you

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(Bloomberg) —

The top-ranked forecaster of the Australian dollar sees the currency’s remarkable rally losing steam as a rebound in iron ore prices and Chinese manufacturing cools.

Jason Schenker, the Texas-based president of Prestige Economics LLC, projects the Aussie will edge about 1.5% higher to 73 U.S. cents by year-end and to 74 cents in early 2021. That’s after it surged more than 30% from an 18-year low in March.



Jason Schenker wearing a suit and tie smiling at the camera

© Bloomberg
Jason Schenker

Jason Schenker

Source: Prestige Economics

“You’re not likely to get this catapult up two years in a row,” said Schenker, who worked at McKinsey & Co. and Wachovia before starting his own company. “We’re still expecting positive growth but there’ll be some deceleration,” he said of the currency.

Schenker hasn’t set foot in Australia or China during his 16-year run of forecasting the Aussie. Instead, he puts greater store in studying key commodities and factory gauges

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For any business that depends upon recurring revenue from in-contract customers, the customer retention rate is a strong predictor of long-term profitability. There is a reason for this. Today’s customers are increasingly more aware and have a very low barrier to switching their providers. With just one click of a button, they can cancel ongoing relationships and switch to a new provider with equal ease.

For recurring revenue businesses, this situation gets further complicated because of the very high costs of new customer acquisition. For example, in the home security and automation industry, while the recurring monthly revenue (RMR) lingers around $46, the cost of acquiring this same customer can rise to as high as $400. This essentially means that in the first year, there is hardly any profit from this customer. On top of that, if the customer cancels, that’s a double whammy because the company not only loses

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nine bosses
nine bosses

More jobs are being lost as Coronavirus lockdowns hit the economy.

For the jobs that remain, the question is, how to stand out as an applicant?

We ask nine top bosses for their thoughts.

Holly Tucker, founder of Not On The High Street: ‘I want to be wowed’

Holly Tucker MBE, founder of Holly &amp; Co and Notonthehighstreet
Holly Tucker MBE, founder of Holly & Co and Notonthehighstreet

When you apply for a job with Ms Tucker, founder of online marketplace Not On The High Street, she’s looking for one thing: “Creativity.”

She says: “I want to be wowed by the application, whatever the role. I want to see the care, attention to detail and creativity in their application that I will want to see from them in their job every day.”

She suggests a handwritten letter or an imaginative design as a good starting place.

“Some of my favourite CVs have gone the extra mile and showcased

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Indian entrepreneur BR Shetty has filed a complaint with central investigative agencies in India seeking a probe into two former top executives of his companies and two Indian banks related to a multi-billion dollar financial scandal engulfing his group.

Several companies linked to Shetty, including top United Arab Emirates hospital operator NMC Health PLC and payments firm Finablr PLC, have come under severe financial strain this year after short-seller Muddy Waters questioned NMC’s financials.

At issue, Muddy Waters said, were questions about NMC’s asset purchase prices and capital expenditures, which it said were both inflated.

NMC and Finablr subsequently announced far higher debts than they had previously reported.

Shetty’s 55-page complaint, a copy of which was seen by Reuters, accuses the former chief executives of NMC and Finablr, along with their associates and bankers, of inflating the companies’ balance sheets, arranging “illegal” credit facilities and misappropriating funds since 2012.

It

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  • It’s a scary and confusing time to be looking for a job.
  • We asked top career coaches for the books they recommend to all their clients who feel lost, stuck, or ready to start something brand-new.
  • Their recommendations, listed below, include business classics and contemporary guides to career changes.
  • Visit Business Insider’s homepage for more stories.

The pandemic recession has thrown a wrench in many people’s career plans.

In some industries, it’s all but impossible to find an employer that’s hiring. Other businesses are tightening their belts, so that petitioning your boss for a promotion or a raise seems laughable.

Wherever you find yourself, it helps to know you’re not alone — and to seek guidance from folks who’ve navigated similar challenges.

To that end, Business Insider asked some of the most innovative career coaches — who’ve worked with leaders at the likes of Amazon and Goldman Sachs on issues

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