The outage occurred on a date commonly used as a payday for many British workers. Many turned to social media sites like X to complain that they couldn’t access their bank accounts or make transactions on any device. For some customers, this was the second time in two months they’ve been left locked out of…
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Analysts opined that this invitation-only event is an attempt to combat the rising competition from Chinese online shopping startups such as Temu and Shein. Both of these companies have gained traction among US consumers with their low prices on clothes, gadgets and other merchandise. Earlier this week, we reported on Shein’s IPO filing with the…
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The improved sales figure came across Boots’ pharmacy and retail activity until the end of May. Its overall sales growth slowed to 1.6%, with the store closures carried out in the last year said to be to blame. The brand now has 1,900 sites after 300 shops were closed recently. WBA’s next move is to…
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This investment action triggered another spike in the country’s treasury futures while causing the long-term yields to hover on the edge of historic lows. Media reports indicated that people are preferring to invest in fixed-income options because banks keep decreasing the interest earned on savings products. Don’t miss out the latest news, subscribe to LeapRate’s…
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discussions between the two companies ended in a stalemate over their differing opinions of the value of any proposed deal. ROO shares are listed on the LSE, and they rose by 6% early on Wednesday before falling back to end the day with a 1.2% increase that left the company valued at £2.1bn ($2.6bn). That…
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Analysts reportedly regard this financing as an attempt to catch up with industry developments and predicted that it may be years before Volkswagen reaps the benefits. According to CNBC, the head of thematic intelligence at GlobalData, Cyrus Mewawalla, said: Volkswagen has fallen behind in two areas, on electric vehicles themselves, but also on autonomous driving…
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This move has been typed as a safe, in-house appointment and follows the SNB succession trends. Widely seen as Jordan’s personal successor choice, Schlegel will also become the head of Department I in Zurich. At age 47, he will be the second-youngest chairman in the history of this institution. The Swiss government also announced that…
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Interviewer: Hi Drew, thanks for joining us today. We're thrilled to have you on board at ATFX this year. As the Chief Strategy Officer at ATFX, could you share with us why you joined ATFX and some specific strategies or initiatives you plan to implement in your new role to drive the company's growth and…
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With its collapse in November 2022, approximately 9 million FTX customers and investors suffered billions of dollars in losses. Since its bankruptcy filing, the company recovered roughly $16bn with which to repay the aggrieved customers. This includes $12bn in cash. Based on a Reuters report, FTX plans to ask US Bankruptcy Judge John Dorsey to…
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The financial watchdog indicated that the company, which supplies regenerative phosphate and organic fertilisers in Australia and North America, issued deceptive statements regarding its reforestation initiative in the Philippines. According to the allegations, Fertoz, which is listed on the Australian Securities Exchange (ASX), included misleading eco-based statements in a presentation published on this index. The…
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