Adidas to slash dividend to 0.70 euros in line with percentage after Kanye West break up
BERLIN, March 8 (Reuters) – Adidas (ADSGn.DE) stated on Wednesday that it deliberate to slash its 2022 dividend to 0.70 euros ($0.7374) in line with percentage, after a yr marked…
Unique: China provides Sri Lanka debt moratorium, guarantees deal on debt medication
COLOMBO, March 8 (Reuters) – The Export-Import Financial institution of China has informed Sri Lanka it’ll no longer search fast reimbursement of debt for 2022 and 2023 and expedite negotiations…
UK’s Hunt to hold tight finances with eye on 2024 election
LONDON, March 8 (Reuters) – British finance minister Jeremy Hunt appears to be like set to hold his grip at the public budget in subsequent week’s finances, refraining from giant…
White Space backs Senate invoice to spice up US capacity to prohibit TikTok
WASHINGTON, March 7 (Reuters) – The White Space sponsored law offered on Tuesday via a dozen senators to present the management new powers to prohibit Chinese language-owned video app TikTok…
Continental web revenue drops 95% in 2022, sees increased margins this yr
BERLIN, March 8 (Reuters) – Continental’s (CONG.DE) web revenue in 2022 fell 95.4% year-on-year to 67 million euros ($70.60 million), the vehicles provider mentioned on Wednesday, dragged down by way…
Can social media and retail media be peers?
We’ve entered the 3rd wave of virtual promoting: retail media. The primary two waves—seek and social—aren’t going away and feature even combined. Seek is already a significant element of retail…
Lawmakers faucet the Fed, OCC, and others to deal with P2P funds fraud considerations
The inside track: 5 Democratic senators requested US banking regulators to make stronger shopper protections round peer-to-peer (P2P) cost fraud on Zelle in a letter despatched ultimate week. They would…
Lawmakers faucet the Fed, OCC, and others to handle P2P funds fraud considerations
The inside track: 5 Democratic senators requested US banking regulators to improve client protections round peer-to-peer (P2P) cost fraud on Zelle in a letter despatched final week. They would like…
Range efforts lose floor in gentle economic system
The fashion: Firms are backing clear of the range, fairness, and inclusion (DEI) pledges they made within the wake of US racial justice protests after the loss of life of…
Agree with problems are conserving again neobank valuations
Drive builds on Varo: The United States challenger is reportedly in search of to lift $50 million at a 28% bargain to its closing valuation, in keeping with Fintech Trade…