Category: News
-
French whale betting on Trump is only doing it for the money
•
A French trader who bet $30 million on betting site Polymarket on Donald Trump winning the presidential election said he had no political motive for doing so. In an interview with the Wall Street Journalthe alleged whale referred to himself as “Theo” and said he placed his bets on Trump…
-
Emerging trends and opportunities in East Africa’s digital payments ecosystem
•
In recent years, East Africa has made great strides in adopting digital payments. Notable trends that have emerged include e-commerce card transactions, contactless methods such as tap to pay and QR code payments, alongside already sophisticated mobile payment systems. Another trend in the evolving, more comprehensive and efficient digital payments…
-
UK shoplifting offences reach record high as over 1.2m cases logged since 2019
•
Shoplifting in the UK has reached unprecedented levels, with police forces recording more than 1.2 million cases since April 2019, according to data obtained by Personal Injury Claims UK. This increase is particularly evident in 2023, when 344,709 offenses were recorded – a 30% increase on the previous year –…
-
As data center industry booms, an English village becomes a battleground
•
Breadcrumb links PMN BMN Business Article writer: Associated Press Kelvin Chan Published on November 02, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content ABBOTS LANGLEY, England (AP) — Originally built to store peasant…
-
Property & Building in NY HSBC Tower lease talks with Amazon
•
The Israeli income-generating real estate company Property and Building Corp. Ltd. (TASE:PTBL) The Tel Aviv Stock Exchange (TASE) announced that it is in talks to lease 330,000 square feet (30,600 square metres) at 10 Bryant Park in New York City, known as the HSBC Tower. According to US media reports,…
-
Nvidia Set to Replace Intel in the Dow Jones Industrial Average
•
(Bloomberg) — Nvidia Corp., the chipmaker at the heart of the artificial intelligence boom, is joining the oldest of Wall Street’s three major stock benchmarks. Most read from Bloomberg The company will replace rival Intel in the 128-year-old Dow Jones Industrial Average before trading begins on Nov. 8, S&P Dow…
-
You might be overdoing it on protein and not getting enough of another vital nutrient, dietitians say
•
If your social media algorithm steers you toward diet, weight loss, or even general nutrition content, you’ve probably come across “high-protein” recipes or influencers who swear by high-protein keto or carnivore diets. Where did this obsession with protein come from, and is it worth all the energy given to it?…
-
You might be overdoing it on protein and not getting enough of another vital nutrient, dietitians say
•
If your social media algorithm steers you toward diet, weight loss, or even general nutrition content, you’ve probably come across “high-protein” recipes or influencers who swear by high-protein keto or carnivore diets. Where did this obsession with protein come from, and is it worth all the energy given to it?…
-
Online taxis, food delivery firms, freelancers face hefty 6pc tax in new plan
•
Ride-hailing services, online freelance jobs and food delivery companies face a tougher 6% tax, as the Treasury revived a proposal to raise revenue from these sources. In its new proposals, the Treasury proposed a new significant economic presence (SEP) tax at a rate of six percent, four times the 1.5…
-
Could motor finance become the next PPI scandal?
•
The UK car finance industry could be heading towards a financial storm reminiscent of the Payment Protection Insurance (PPI) scandal. A recent appeals court ruling held car dealerships and lenders liable for not disclosing commissions to customers, a precedent that could unleash billions in damages claims. For decades, the PPI…
-
French court overturns Euronaval ban on Israeli cos
•
For the second time in the past four months, the Paris Commercial Court overturned a decision by the French government to ban Israeli companies from participating in a defense exhibition and ruled that they can participate in the Euronaval event, which opens on Monday. The court was responding to a…
-
Public Storage (PSA) Stock Forecasts
•
summary Public Storage, based in California, is a real estate investment trust that operates self-storage facilities. The company owns approximately 3,049 self-storage facilities in the United States with 219 million square feet of leasable area. Public Storage also has a 35% stake in Shurgard Europe, with approximately 281 facilities and…
-
Tomasz Tunguz’s Theory Ventures has raised a $450 million second fund, filings say
•
Theory Ventures has raised $450 million for its second fund, according to securities filings viewed. luck. The company was founded in 2023 by Tomasz Tunguz, former managing director at venture capital firm Redpoint. Tunguz made his name at Redpoint through investment wins such as data analytics company Looker — which…
-
Family businesses face new inheritance tax burden as relief cut to 50%
•
In a major shift affecting family-owned businesses, the Chancellor of the Exchequer has announced that the Business Property Relief (BPR) will be reduced to 50% from April 2026, exposing thousands of family businesses to inheritance tax for the first time in decades. Although business assets were previously exempt, they will…
-
Cabinet approves Israel’s 2025 budget
•
The Israeli Cabinet approved a budget worth NIS 607 billion for 2025 in addition to budget adjustment measures worth a total of NIS 37 billion. The Finance Ministry’s plans that were dropped at the last minute from the budget proposal approved by the Council of Ministers are: reducing tax benefits…
-
Stocks to watch as White House race enters final stretch
•
Written by Ankika Biswas and Pranav Kashyap (Reuters) – Just days before the U.S. presidential election scheduled for Nov. 5, investors are trying to gauge how stock markets will react as opinion polls and betting platforms point to a close race between Vice President Kamala Harris and former President Donald…
-
6 out of 10 CEOs are ‘digitally illiterate’, according to their workers
•
Since the advent of ChatGPT, the world’s largest companies have been quick to talk about their adoption of cutting-edge AI tools. However, a growing number of its employees are frustrated by their bosses’ “digital illiteracy,” which is holding them back from realizing the productivity gains promised with AI. Research conducted…
-
Kithure Kindiki sworn-in as Deputy President
•
Kithor Kindiki was sworn in as Vice President to replace Regathi Gachagwa, who was impeached by Parliament in October. The opening ceremony on Friday morning at the Kenyatta International Conference Center (KICC) saw President William Ruto and Chief Justice Martha Koum, among a host of distinguished guests. Among the leaders…