Month: September 2024
Grubhub-owner Just Eat Takeaway to deliver sex toys in partnership with adult retailer Lovehoney
A Just Eat sign displayed at the front of a pizza takeaway shop on May 19, 2020 in Fleet, England. Alex Burstow | Getty Images Grubhub-owner Just Eat Takeaway.com said Thursday it had partnered with sex toy retailer Lovehoney Group, in an unexpected expansion into the so-called sexual wellness sector. The Anglo-Dutch online takeaway delivery […]
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Meta’s misinformation problem has local election officials struggling to get out the truth
Voters cast their mail-in ballots at a ballot drop box outside Maricopa County Recorder and Elections Department southeast Mesa office during the Arizona state primary election in Mesa, Arizona, U.S. July 30, 2024. Rebecca Noble | Reuters Derek Bowens has never had such an important job. He’s the director of elections in Durham County, North […]
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Podcast: How pro video gaming, or esports, is taking off with big dollars behind it
Video gaming is big business. The global market is expected to reach $187.7 billion in 2024, according to data firm Newzoo. And in the industry, there has been a big effort to boost esports, which is competitive gaming, and turn it into a professional sport on part with soccer or football. Esports involves teams or […]
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Putin reveals new rules on nuclear weapons in Russia’s latest warning to the West
Russian President Vladimir Putin at an expanded Prosecutor General’s Office meeting on March 26, 2024, in Moscow. Contributor | Getty Images News | Getty Images Russian President Vladimir Putin announced proposed changes to Moscow’s rule book on the use of nuclear weapons in another thinly-veiled warning to Western nations that continue to back Kyiv in […]
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China’s Xi and top leaders call for halting real estate decline, responding to public concerns
Builders step up construction in Yuexi County, Anqing city, Anhui province, China, on Sept 25, 2024. Cfoto | Future Publishing | Getty Images BEIJING — China aims to stop the property slump, top leaders said Thursday in a readout of a high-level meeting published by state media. Authorities “must work to halt the real estate […]
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Swiss central bank cuts rates by a quarter point in third trim this year
A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. Denis Balibouse | Reuters The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest rate down by 25 basis points to 1.0%. The trim, […]
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Major global chip stocks rally on Micron’s 15% surge; ASML up 4%
Global chip makers are in focus amid a boom in artificial intelligence applications. Sefa Ozel | E+ | Getty Images Global chip stocks rallied on Thursday after U.S. memory semiconductor maker Micron posted revenue guidance that topped expectations and boosted its share price. Micron forecast revenue for its quarter ending at the end of November […]
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France’s biggest lender says there are ‘too many’ European banks as UniCredit moves on Commerzbank
Key Points BNP Paribas Chief Financial Officer Lars Machenil on Thursday voiced his support for greater integration in Europe’s banking sector. His comments come as Italy’s UniCredit ups the ante on its apparent takeover attempt of Germany’s Commerzbank, while Spain’s BBVA continues to actively pursue its domestic rival, Banco Sabadell. “If I would ask you, how many […]
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H&M shares tumble 7% on profit miss and scrapped margin target
The logo of Swedish clothing retailer H&M hangs over one of its stores on March 28, 2018 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images Shares of H&M tumbled 7% on Thursday after the world’s second-largest listed fashion retailer posted a miss on operating profit and abandoned its earnings margin target. […]
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Klarna partners with fellow fintech Adyen to bring buy now, pay later into physical stores
Key Points Klarna said Thursday that it had entered into an agreement with Adyen to add its buy now, pay later (BNPL) products to physical payment terminals. Klarna will be included as an option across more than 450,000 Adyen payment terminals in brick-and-mortar locations as a result of the deal. BNPL is mostly associated with […]
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