business
Business
UK’s Domino’s Pizza plans to hire 5,000 staff ahead of peak holiday season
Business
Saipem wins $4 billion contract from QatarEnergy
Business
US locks in steep China tariff hikes, many to start Sept. 27
Business
UK’s National Grid to sell electricity system operator in $827 million deal
Zara to offer its secondhand clothes service in US by October
Date: September 12, 2024
MADRID (Reuters) – Zara will offer its service for selling, repairing or donating secondhand clothes in the United States by the end of October as a way of prolonging their life cycle and reducing waste, its owner Inditex said on Wednesday. Zara’s ‘Pre-Owned’ platform is already running in 16 European countries, after launching in Britain...
Rethinking the Cost of Sustainability Reporting
Date: September 12, 2024
By Dr. Michael Erkens and Dr. Ries Breijer With new disclosure requirements pushing for enhanced transparency in environmental, social, and governance (ESG) practices, many companies are seeking to reduce expenses for preparing sustainability reports and complying with regulations. Our research, however, indicates that this strategy is ‘penny wise, pound foolish’. Unless companies rethink the cost...
Scotland’s only oil refinery to close next year, 400 jobs to go
Date: September 12, 2024
By Ron Bousso and Robert Harvey LONDON (Reuters) -Grangemouth, Scotland’s only oil refinery, is to close in 2025 with the loss of 400 jobs, operator Petroineos said on Thursday, as part of plans to turn the 100-year old plant into a fuels import terminal. Petroineos said last November it was preparing to shut Grangemouth, Britain’s...
HOW CREDIT ASSESSMENT SOLUTIONS GROW YOUR BUSINESS?
Date: September 12, 2024
Running a successful business requires making informed decisions, especially when extending credit to customers or partners. Assessing the creditworthiness of potential clients is a critical part of managing risk and ensuring the financial stability of your business. However, conducting thorough credit assessments can be time-consuming and complex, which is why many businesses turn to credit...
Zara owner Inditex sees early autumn sales perk up after summer slowdown
Date: September 11, 2024
By Corina Pons MADRID (Reuters) -Zara owner Inditex reported a jump in sales of its autumn/winter collection on Wednesday, boosting its share price as the world’s largest listed fashion retailer recovered from a summer marred by poor weather. Shares in Spain’s Inditex were up 4.6% by 0855 GMT, outperforming the IBEX35 which was up 1.1%....
Services’ grip on UK economy tightens as manufacturing share ebbs further
Date: September 11, 2024
By Andy Bruce (Reuters) – Britain’s shift towards a services-dominated economy is accelerating, pushing manufacturing’s share of economic output to a historic low and setting the nation apart from its global peers. Recent data show the make-up of the world’s sixth-biggest economy is changing fast, driven by global trends but also domestic factors such as...