Category: Finance
Finance
Tesco profits halved last year to £753m amid “significant operating cost inflation”
(qlmbusinessnews.com via theguardian.com - - Thur, 13th April 2023) London, Uk - - Profits down to £753m as retailer faced operating cost inflation and write[more...]
TSB former executive fined over 2018 IT failure by BoE
(qlmbusinessnews.com via uk.reuters.com -- Thur, 13th April 2023) London, UK -- The Bank of England said on Thursday it had fined TSB Bank's former chief[more...]
Alibaba enters AI race with ChatGPT-like model named Tongyi Qianwen
(qlmbusinessnews.com via news.sky.com-- Wed, 12th April 2023) London, Uk - - The success of OpenAI's Microsoft-backed ChatGPT has triggered an AI arms race around the[more...]
Why Tupperware with rising debts and falling sales could soon be history
(qlmbusinessnews.com via bbc.co.uk – – Wed, 12th April 2023) London, Uk – – The brand Tupperware has become so synonymous with food storage that many[more...]
Bitcoin price rises above $30,000 for first time since June 2022
(qlmbusinessnews.com via theguardian.com - - Tue, 11th April 2023) London, Uk - - Cyptocurrency’s steady increase in value reignites fears of widespread market manipulation[more...]
Cineworld shareholders in UK to be wiped out in restructuring plan
(qlmbusinessnews.com via uk.reuters.com -- Tue, 11th April, 2023) London, UK -- Cineworld (CINE.L) said on Tuesday it had filed a reorganisation plan in a Texas[more...]
Atom Bank picked advisers to secure a further £100m in fundraising
(qlmbusinessnews.com via news.sky.com-- Mon, 10th April 2023) London, Uk - - The Durham-based lender has begun approaching investors about a capital-raising that is likely to[more...]
Why So Many Luxury Apartments Are Popping Up In The U.S.
Source: CNBC An apartment building boom is unfolding in cities across the U.S. Many of the new units come with "luxury" amenities, like pools and[more...]
King Charles banknotes printed – but will not enter circulation until 2024
(qlmbusinessnews.com via bbc.co.uk – – Fri, 7th April 2023) London, Uk – – New banknotes featuring the image of King Charles are being printed in[more...]
Vashi upmarket jeweller see top UK entrepreneurs and financiers caught up in collapse
(qlmbusinessnews.com via news.sky.com-- Fri, 7th April 2023) London, Uk - - Some of Britain's leading entrepreneurs and financiers are facing significant financial losses from the[more...]
U.S. banks offering incentives to lock in customer deposits, analysts say
(qlmbusinessnews.com via uk.reuters.com -- Thur, 6th April 2023) London, UK -- For months, consumers have clamored for banks to pay out more for deposits as[more...]
Binance Crypto exchange Australian financial services licence cancelled by Asic
(qlmbusinessnews.com via theguardian.com - - Thur, 6th April 2023) London, Uk - - Regulator says Binance must cease trading by 21 April after it incorrectly[more...]
