BusinessEmily Miller

Closed restaurant sign in Atlanta
Business News
Atlanta Sees Multiple Restaurant Closures in January 2025
While the new year often symbolizes fresh starts, January brought a series of closures for restaurants across Atlanta and its metro area. Some businesses quietly shut their doors, while others openly cited reasons ranging from financial struggles to shifting customer preferences. The closures reflect ongoing challenges in the industry, with some notable departures hitting local dining hotspots. Notable Restaurants That Closed Their Doors Several well-known restaurants in Atlanta and its…
VinFast India unveiling VF7 and VF6 at Bharat Mobility Global
Business News
VinFast Eyes India as Export Hub, Unveils Plans for Charging Ecosystem Expansion
VinFast, the Vietnamese electric vehicle (EV) giant, is setting its sights on India not only as a domestic market but also as a key export hub for regions like West Asia and Africa. VinFast, already a significant player in the global EV market, has outlined ambitious plans to expand its presence in India. With a strong focus on building an EV ecosystem, including manufacturing, battery production, and charging infrastructure, the…
FMCG stock market decline
Business News
FMCG Stocks Face Major Setback Amid Weak Demand Signals
Godrej Consumer’s Weak Report Sends Shockwaves Through the Sector FMCG stocks took a hard hit on December 9, 2024, after Godrej Consumer Products (GCP) released a disappointing quarterly update, revealing concerns about ongoing demand weakness that could persist for months. The news sparked a sharp selloff across the FMCG sector, with major players like Hindustan Unilever (HUL), Dabur, Marico, and Britannia suffering losses of up to 9%. The Nifty FMCG…
ITC building or tobacco products
Business News
ITC Shares Slide 2.5% Amid Uncertainty Over Proposed Cigarette Tax Changes
Shares of ITC Ltd., the cigarettes-to-hotels conglomerate, opened 2.5% lower on Tuesday, reflecting investor concerns over proposed tax changes on tobacco products. The Group of Ministers (GoM) is reportedly considering a “special rate” of 35% on tobacco and aerated beverages. The potential tax adjustments could have varying impacts on ITC, depending on their implementation. Investors Brace for Impact: Three Scenarios to Watch The market is grappling with three key scenarios…
Shashi Ruia Essar Group founder tribute photo
Business News
Shashi Ruia, Co-Founder of Essar Group, Passes Away at 81
Shashi Ruia, the co-founder of the Essar Group and a towering figure in Indian business, has passed away at the age of 81. His contributions to shaping India’s industrial landscape over several decades leave a lasting legacy. A Visionary Leader in Industry Shashi Ruia, along with his brother Ravi Ruia, co-founded Essar Group in 1969, initially focusing on construction. Over time, the company expanded into sectors like steel, energy, shipping,…
EU4Digital eCommerce Georgian course launch
Business News
EU4Digital Launches Georgian-Language Course on EU eCommerce
A Boost for Georgian Entrepreneurs The EU4Digital Facility, a flagship initiative funded by the European Union, has introduced a free online course titled “eCommerce in EU Marketplaces” under its new EU4Digital Academy program. This course aims to empower individuals and small to medium-sized enterprises (SMEs) in Georgia by equipping them with essential skills to navigate EU eCommerce platforms successfully. Available in Georgian and English, the course is self-paced and promises…
renewable-energy-support-scheme-georgia
Business News
Georgia Strengthens Renewable Energy Support with New Amendments
On June 17, 2024, the Government of Georgia implemented significant amendments to Resolution N556, enhancing the Support Scheme for the Production and Use of Energy from Renewable Sources. This initiative aims to bolster the country’s renewable energy sector, aligning with the objectives outlined in the Law of Georgia on “Promoting the Generation and Consumption of Energy from Renewable Sources.” Overview of the Support Scheme Originally adopted on December 7, 2024,…
ambassadori-batumi-island
Business News
Major Construction Permit Granted for “Ambassadori Batumi Island” Project
In a significant development for Georgia’s coastal landscape, the Technical and Construction Supervision Agency has issued a construction permit for two artificial peninsulas and one artificial island, collectively known as “Ambassadori Batumi Island.” This ambitious project will cover a total of 102 hectares along the picturesque Black Sea coast, marking a new chapter in the region’s urban development. Comprehensive Assessments Underpin the Project The decision to grant this construction permit…
us-stock-market-trading
Business News
U.S. Stock Market Wrap-Up: Mixed Results Amid Global Trends
The latest trading session in the U.S. stock market wrapped up with a blend of outcomes, reflecting a complex economic landscape. While the S&P 500 and Nasdaq showed positive movements, the Dow Jones faced a slight decline. This mixed performance comes as investors navigate various economic indicators and global market trends. U.S. Market Performance: A Closer Look In the most recent session, the S&P 500 rose by 0.21%, signaling a…
eu-support-georgia-food-safety
Business News
European Union’s Role in Enhancing Food Safety Standards in Georgia
Food safety is a pressing concern in Georgia, with official data indicating around 40,000 cases of food poisoning or related diseases reported annually. However, the actual figures are likely much higher, as many foodborne illnesses go unreported. The European Union (EU) has been instrumental in supporting Georgia’s efforts to implement robust food safety reforms, ensuring that the country adheres to international standards. The “From Farm to Fork” Approach The foundation…