Category: Businesses
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HSBC UK launches £250m growth fund to empower women-led businesses
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HSBC UK has unveiled the HSBC Women’s Business Growth Initiative, a £250 million funding programme designed to support women-led businesses by addressing the critical barrier of access to finance. A new HSBC research study has revealed that nearly one in five (18%) women entrepreneurs see finance as a major obstacle…
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DirecTV, Dish in talks again to merge satellite-TV businesses, Bloomberg reports By Reuters
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(Reuters) – AT&T Inc and its joint venture partner TPG are in talks to merge DirecTV with Dish, Bloomberg News reported on Friday, citing people familiar with the matter. Discussions between DirecTV and Dish parent EchoStar Corp. are still in the early stages, people familiar with the matter told Bloomberg…
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Lightspark Introduces Instant Bitcoin Lightning Payments for U.S. Businesses with New Feature
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Lightspark, the leader in Bitcoin Lightning Network payments, It was announced Launching Lightspark Extend, a new solution that allows businesses to facilitate instant payments via Lightning for eligible account holders in the US. ? Now Available: Lightspark Extend connects Lightning to eligible US account holders in real-time. With Lightspark Extend,…
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A Strategic Imperative for Small Businesses
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Small businesses across the UK are increasingly recognising the value of supporting women’s health in their workplaces. Adopting this initiative leads to many benefits, including increased productivity and performance, reduced absenteeism, enhanced employee satisfaction and engagement, attracted and retained a talented workforce, fostered a diverse and inclusive environment, and enhanced…
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Rent remains a pain point for small businesses even as overall inflation cools off
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press May Anderson Published on August 27, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content NEW YORK (AP) — While many costs have…
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UK businesses at risk of losing billions by neglecting overseas patents
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UK companies are missing out on billions of pounds in potential revenue by not filing international patent applications as aggressively as their rivals in other countries, industry experts have warned. A report by the Chartered Institute of Patent Attorneys (CIPA) reveals that UK companies are registering patents in key markets…
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Vermont businesses crippled by July flooding and storms
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Two floods Storms that hit in July have crippled businesses and tourist destinations in an economically depressed area of northern Vermont, with some remaining closed as they repair damage and others urging weather-deterred visitors to make the trip. The Kingdom’s trails, a popular destination for mountain bikers, attract tens of…
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Strategies businesses need to navigate geopolitical tensions
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In an increasingly interconnected world, global trade serves as the lifeblood of the international economy. However, the current geopolitical landscape poses significant challenges, with rising tensions between major powers threatening to disrupt established trade routes, supply chains, and economic stability. From the ongoing trade disputes between the United States and…
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Nearly half of UK small businesses unaware of new simpler recycling reforms, survey reveals
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A new study has revealed that almost half (42%) of small and medium-sized businesses across the UK are unaware of upcoming ‘simpler recycling’ reforms, which are set to significantly impact their operations. The reforms, announced by the Department for Environment, Food and Rural Affairs (Defra) in October 2023, aim to…
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Putting employee wellness at the heart of businesses key to success
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Human resources has evolved dramatically, shifting the focus from transactional tasks such as payroll and benefits administration to a more human-centered approach. Organizations are now realizing the importance of employee well-being, diversity and inclusion as employees think more about the emotion of work than the results. In today’s workplace, employees…
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Payment fears deter UK businesses from pursuing overseas growth
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Concerns about international payments are discouraging many UK businesses from dealing with suppliers abroad or entering new markets, according to a new study by HSBC UK. The survey of more than 1,000 financial decision makers found that 43% are reluctant to conduct international business due to uncertainty about hidden payment…
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Hywin to exit wealth, asset management businesses and focus on technology
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Hiwin Holding CompanyNasdaq:Hugh) Announces updates on its strategic business transformation plan, which includes a complete exit from its wealth management and asset management businesses by terminating VIE agreements with China. The company’s other plans include shifting its business focus towards technology. Sector and change the name of the company to…
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How big businesses dodged Sh150 billion in taxes
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The Kenya Revenue Authority (KRA) has failed to collect more than Sh150 billion in taxes, as 3,674 taxpayers, most of them major companies, failed to report business transactions worth nearly half a trillion shillings, exposing the scams used by the companies. To evade taxes. The Auditor-General revealed that in the…
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British Businesses Face £42bn Debt Crisis Post Ultra-Low Rates Era
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UK businesses are bracing for a debt crisis as higher interest rates are expected to cost an extra £41.7bn by the end of the decade. As cheap loans expire, borrowing costs are expected to rise, significantly impacting the economy. According to consultancy Baringa, companies will face an average annual increase…
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Natwest on track to exceed investment in women led businesses target: lending £1.5bn to date
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NatWest Group announced today that it has now lent more than £1.5 billion to women-led businesses since 2021, and is on track to exceed its target of lending £2 billion by the end of 2025. This is a faster pace than expected, and shows the desire of successful women-owned businesses…
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Wells Fargo Unveils Signify Business Cash Mastercard for Businesses
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Wells Fargo & Company (NYSE: WFC) has unveiled its latest offering for business owners, the Signify Business Cash World Elite Mastercard, designed to address needs in the cash rewards business credit card market. This new card aims to provide business owners with direct rewards and tangible value. New Business Card:…
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Zimbabwe to fine businesses not using official new exchange rate By Reuters
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HARARE (Reuters) – Zimbabwe will impose fines on companies that use inflated exchange rates as the government struggles to preserve the value of its new gold-backed currency, Zimbabwe Gold (ZiG). Any company using an exchange rate higher than the official rate of 13.5 zig per U.S. dollar would be liable…
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Gen Z are shunning college to launch trade businesses and take apprenticeships
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Chase Gallagher was 12 years old when he started mowing his neighbor’s lawn for $35 apiece. At first, he had just two clients, but after some aggressive postings — with the help of his mother — he had 10 clients a week the following year. Now 23, he is part…