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Higher taxes will make it harder for Britain to build ‘the next Nvidia,’ tech execs say

UK Finance Minister Rachel Reeves makes a speech during the Labour Party Conference that is held at the ACC Liverpool Convention Center in...

BlackRock launches ETF that expands beyond the ‘Magnificent Seven’

BlackRock's iShares is trying to appeal to investors who want to diversify beyond from the so-called Magnificent Seven.The firm launched the iShares Top...

$2 billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’

Renderings of plans for a new development at the Bahia Mar marina in Fort Lauderdale, Florida.Courtesy: ArX CreativeA team of developers including Related...

‘Slow shopping’ can save you money this holiday season. Here’s how it works

Impulse spending has a cure.So-called "slow shopping" promotes the importance of taking time to think through each purchase to make more mindful buying...

How Hermès is bucking the global luxury slowdown

French luxury company Hermès has spent nearly 200 years emphasizing quality, scarcity and desirability — a strategy that's helped it dominate the luxury...

Jack Dorsey’s payments company Block expands corporate card service to the UK

Marco Bello | AFP | Getty ImagesLONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched its corporate card service...

Chinese smartphone company Honor gets new investors as it gears up for IPO

Chinese smartphone company Honor has released devices that fold up to be nearly as thin as an iPhone.Nurphoto | Nurphoto | Getty ImagesBEIJING...

‘Inflation is like a regressive tax,’ economist says — only one group can ‘easily afford’ holiday spending this year

Betsie Van der Meer | GettyOnly one cohort of surveyed shoppers said they have enough financial runway to spend cash this holiday season...

Sigh of relief for UK tech founders as Labour hikes capital gains tax by less than feared

On Monday, British tech lobby group Startup Coalition warned in a blog post that there was a risk Reeves' tax plans could result...

Chipotle misses revenue estimates as same-store sales growth disappoints

A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024.Angus Mordant | Bloomberg |...

China’s Xiaomi delivers 20,000 EVs in October, just months after launching its first car

Chinese smartphone company Xiaomi on Tuesday announced a sports car version of its SU7 electric sedan would begin preorders for the equivalent of...

Wise’s billionaire CEO fined £350,000 by UK regulators over failure to report tax issue

Kristo Kaarmann, CEO and co-founder of Wise.Eoin Noonan | Sportsfile | Getty ImagesLONDON — Kristo Käärmann, the billionaire CEO of money transfer firm...

We’re making a flurry of trades: Buying 2 beaten-up stocks, taking profits in another

We're using proceeds from the sale to help fund our purchases of two other Club stocks. Source link

McDonald’s reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms

McDonald's on Tuesday reported quarterly earnings and revenue that beat analysts' expectations as its U.S. restaurants reversed last quarter's same-store sales decline.However, investors are...

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