Category: pay
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Brazil’s top court rules X must pay pending fines to resume service By Reuters
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SAO PAULO/BRASILIA (Reuters) – The Brazilian Supreme Court said on Friday that social media platform X needs to pay just over $5 million in outstanding fines in order to resume its service in the country, according to a court document. Earlier this week, the Elon Musk-owned social platform informed the…
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Digital lender to pay man Sh250,000 for wrong listing as loan guarantor
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Digital lender, Azura Credit Limited, has been ordered to pay Sh250,000 to a man who harassed him over a loan he allegedly guaranteed on behalf of a borrower. A loan guarantor is a third party that agrees to repay the loan if the borrower defaults. In a new ruling, the…
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‘Big Short’ investor Michael Burry bet half of his portfolio on Chinese stocks. It’s finally starting to pay off.
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Popular “big short” investor Michael Burry is cashing in on the recent rally in Chinese stocks. Burry’s Scion Asset Management invests nearly half of its portfolio in Chinese technology giants such as Alibaba. China’s recent stimulus measures, including interest rate cuts, led to higher stock gains. the Chinese stocks rise…
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US holiday spending on buy now, pay later to hit record due to debt-laden shoppers By Reuters
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Written by Ariana McLemore NEW YORK (Reuters) – U.S. shoppers are expected to spend a record $18.5 billion using third-party buy-now, pay-later services on holiday purchases in the fourth quarter, according to a forecast released by data firm Adobe Analytics on Wednesday. With many Americans in debt recently, spending on…
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Donald Trump Says Crypto Could Help Pay Off $35 Trillion U.S. Debt
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Donald Trump has increasingly embraced Bitcoin and cryptocurrencies during his 2024 presidential campaign. Recently, when asked about the future of cryptocurrencies, Trump responded that he believes “cryptocurrencies have a great future” and floated the idea of using them to pay off the $35 trillion US national debt. BREAKING: ?? Donald…
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Donald Trump Says Crypto Could Help Pay Off $35 Trillion U.S. Debt
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Donald Trump has increasingly embraced Bitcoin and cryptocurrencies during his 2024 presidential campaign. Recently, when asked about the future of cryptocurrencies, Trump responded that he believes “cryptocurrencies have a great future” and floated the idea of using them to pay off the $35 trillion US national debt. BREAKING: ?? Donald…
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Next warns of potential store closures following £30m equal pay ruling
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Next has warned it may have to close its stores after losing a major legal battle over equal pay, which could cost the company more than £30m. The FTSE 100 clothing and homeware chain said in its half-yearly report that the ruling could impact the profitability of individual stores. Last…
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Help! I have a Sh50,000 job, don’t pay rent and have nothing to show for it
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I haven’t paid rent since August 2021, and I haven’t received any payments. I live alone in my sister’s house. Job opportunities are scarce and sometimes I go more than two months without work. In March, I got a short-term contract with a salary of 35,000 shillings. I worked for…
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Longshoremen at key US ports threatening to strike over automation and pay
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Tom Kreischer Published on September 18, 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 In an attempt to thwart the automation of…
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UK pay awards drop to lowest level in two years
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Boeing reaches labor deal with 25% pay hike, new plane commitment By Reuters
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By Alison Lambert and David Shepardson Boeing Co said Sunday it has reached a tentative agreement with a union representing more than 32,000 workers in the U.S. Pacific Northwest, in a deal that could help avert a potential strike that could begin on Sept. 13. The proposed four-year deal, which…
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Morgan Stanley to pay $2M to settle probe on First Republic insider sales (NYSE:MS)
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never Morgan Stanley (New York: MS) agreed to pay $2 million to settle a Massachusetts securities regulator’s investigation into trading in First Republic Bank shares by a bank insider before its 2023 failure. Morgan Stanley (MS) did not acknowledge He did not deny the violations set forth in the consent…
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Smotrich’s 2025 budget plan: Tough measures to pay for war
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Finance Minister Bezalel Smotrich today presented his plan for the 2025 budget. “I pledge to do everything I can to achieve the deficit target of 4%,” Smotrich said. Smotrich outlined measures to achieve this, including freezing public sector salaries, tax brackets, allowances and pensions, increasing income tax on the lowest…
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How profiteers made Kenyans pay Sh24bn extra for cooking gas
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A new government-backed report reveals that Kenyan households are spending an additional Sh881 to buy 13kg of cooking gas due to a lack of competition in importing the commodity. A study report on the cost of service for the supply of Liquefied Petroleum Gas (LPG) by consultants hired by the…
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Audit queries Sh1.3bn not traced to City Hall workers pay account
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The Auditor General has revealed that over Sh1.3 billion from Nairobi County meant for the payment of workers’ salaries cannot be returned to the country’s payroll account. In the audit for the year ended June 2023, Ms Nancy Gathongo noted that the reported staff wages were not reflected in the…
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I earn Sh131,000 net. How can I pay off a Sh2m loan quickly and build rentals?
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My name is Susan. I am single, in my mid 30s and have no children. I earn Sh131,000 after statutory deductions. However, after other deductions, I am left with about Sh25,000. I took a bank loan of Sh2 million with a repayment period of about three years. About Sh65,000 was…
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4,500 Companies Now Pay Their Employees in Bitcoin Using Bitwage
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like Bitwaj Today, the company celebrated its 10th anniversary, highlighting its growth in enabling payroll solutions using Bitcoin and cryptocurrencies. Since 2014, Bitwage has focused on bringing transparency and efficiency to global workforce payments. Bitcoin and cryptocurrency payroll platform Bitwage has announced that it now serves over 4,500 registered businesses…
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4,500 Companies Now Pay Their Employees in Bitcoin Using Bitwage
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like Bitwaj Today, the company celebrated its 10th anniversary, highlighting its growth in enabling payroll solutions using Bitcoin and cryptocurrencies. Since 2014, Bitwage has focused on bringing transparency and efficiency to global workforce payments. Bitcoin and cryptocurrency payroll platform Bitwage has announced that it now serves over 4,500 registered businesses…
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Fired CFO’s texts revealed a 10-year affair that led to higher pay and promotions, company says
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Royal Bank of Canada said it had evidence that its former chief financial officer had an intimate relationship with a colleague, but did not disclose it, citing text and email exchanges between the two. Canada’s largest lender filed a statement of defence and counterclaim Friday in its unfair dismissal lawsuit.…