business news
Buy now, pay later will soon affect your credit score in the UK
Buy now, pay later giant Klarna says it will start reporting data on customers’ usage of its products to credit bureaus in the U.K., gearing up for incoming regulations aimed at reining in the sector over fears it is putting young people into debt. Starting June 1, the Swedish fintech firm will share information on […]
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Evercore ISI upgrades Starbucks after earnings, says outlook looks less scary now
Investors have reason to be “less fearful” of Starbucks’ outlook following the release of the company’s latest quarterly report, according to Evercore ISI. Source
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Chinese ride-hailing giant Didi says U.S. regulator is investigating its $4 billion IPO
Didi said in its annual report that it’s being investigated by the U.S. Securities and Exchange Commission. The SEC opened the probe after Didi’s U.S. IPO last year. Sopa Images | Lightrocket | Getty Images The U.S. Securities and Exchange Commission is investigating Didi after its tarnished initial public offering, adding further pressure on the […]
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Elon Musk says businesses and governments may have to pay to use Twitter
In this photo illustration, Twitter account of Elon Musk is seen on a smartphone screen and Twitter logo in the background. Pavlo Gonchar | Lightrocket | Getty Images Elon Musk has said that businesses and governments may soon need to pay a “slight cost” to use Twitter just weeks after announcing he plans to buy […]
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This fertilizer stock looks cheap after tumble, JPMorgan says
The branded lawn and garden products company is a leader with roughly half of the domestic market share. Source
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‘Risky’ fourth straight rate hike expected from Bank of England as inflation soars
LONDON, February 03: Governor of the Bank of England Andrew Bailey leaves after a press conference at Bank of England on February 3, 2022 in London, England. The Bank is expected to hike interest rates for a fourth consecutive meeting on Thursday, but faces a touch balancing act between supporting growth and curbing inflation. Dan […]
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Dave Chappelle attacked on stage by an audience member in Los Angeles, police say
Chappelle was not injured as a result of the attack, LAPD said. Kevin Mazur | Getty Images Entertainment | Getty Images U.S. stand-up comedian Dave Chappelle was attacked by an audience member during a live performance at the Hollywood Bowl in Los Angeles, according to the Los Angeles Police Department. A male suspect on Tuesday […]
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North Korea fired ballistic missile, South Korean and Japanese officials say
A woman walks past a television screen showing a news broadcast with file footage of North Korean leader Kim Jong Un, at a railway station in Seoul on May 4, 2022. North Korea has launched a ballistic missile toward its eastern waters on Wednesday, South Korean and Japanese officials said. Jung Yeon-je | Afp | […]
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Aston Martin names ex-Ferrari boss Amedeo Felisa as CEO
The Aston Martin DBX seen at Salon Prive, held at Blenheim Palace, September 25, 2020 in the United Kingdom. Martyn Lucy | Getty Images British luxury carmaker Aston Martin Lagonda on Wednesday named Amedeo Felisa, the former boss of Ferrari NV, as its new chief executive officer, succeeding Tobias Moers who will step down with […]
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EU proposes gradual ban on Russian oil in sixth round of sanctions against Moscow
European Commission President Ursula von der Leyen speaks during a news conference with High Representative of the European Union for Foreign Affairs and Security Policy Josep Borrell, after Russia launched a massive military operation against Ukraine, in Brussels, Belgium, February 27, 2022. Stephanie Lecocq | Reuters The European Commission, the executive arm of the EU, […]
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