Business
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Tesco is to raise store worker pay by 5.2% over the next six months but strip away a 10% premium for working on a Sunday. The UK’s biggest retailer said it was to stagger the increase, with the full amount taking effect from the end of August after an initial rise at the end of…
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Thames Water has staved off effective government ownership after an unsuccessful legal challenge to its financial restructuring. The Court of Appeal has ruled in favour of a £3bn loan intended to temporarily sort out its finances while the company raises more private investment, dismissing an appeal. The decision backs the High Court judgment of last month and…
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Type: Full-TimeSalary: 100,000 – 110,000Posted: 03/05/2025Category: Business and Financial Services Priority About SEA The Sea Education Association (www.sea.edu) is a unique leader in experiential education promoting scientific and social understanding of ocean health. For more than 50 years, SEA has remained true to its vision: to give students the opportunity for direct, hands-on study of the oceans applying a…
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Prince Mohammad Bin Fahd University, Al Khobar, Saudi Arabia Type: Full-TimePosted: 02/17/2025Application Due: Open Until FilledCategory: Entrepreneurship; +1 AL-KHOBAR, KINGDOM OF SAUDI ARABIA Position Assistant/ Associate/ Full Professor, Entrepreneurship Department Business Administration School Prince Mohammad Bin Fahd University Reports to Department Chair; College Dean Introduction The College of Business Administration (COBA) at Prince Mohammad Bin Fahd University in the Kingdom…
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Chinese search engine giant Baidu said on Friday (Feb 14) it would make its next-generation artificial intelligence model Ernie open-source from Jun 30, a major shift in strategy as competition heats up. Baidu CEO Robin Li had long advocated for closed-source models as the only viable path for AI development, but the advent of DeepSeek…
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The International Water Management Institute (IWMI), a non-profit global research organization, on Wednesday urged African countries to involve local communities in data collection on river discharge to boost water resource management. According to the IWMI, the continent’s 63 transboundary rivers, which are a lifeline for millions, suffer from inadequate or outdated gauging stations, severely limiting…
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Zomato is at a price-to-earning multiple (PE) of 127, Tata Motors at a PE of 41 and HDFC bank at 19. Imagine what would be the price of HDFC Bank today if it was quoting at a PE of 127. Now, don’t get surprised that among the three stocks, HDFC Bank, despite being the best of wealth creators,…
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The US aircraft manufacturer closed last year with a steep loss and weak sales, according to preliminary figures released by the company. The aircraft manufacturer Boeing, said it incurred nearly $3 billion (€2.85bn) worth of charges in the fourth quarter of 2024 due to a lengthy labour stoppage, job cuts and problems with a number…
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OpenAI said on Tuesday that it will team up with SoftBank and Oracle to build multiple artificial intelligence (AI) data centers in the United States. The joint venture, Stargate, will begin with a large data center project in Texas and eventually expand to other states. The companies expect to commit 100 billion U.S. dollars to…
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Former governor of Anambra State and presidential candidate of the Labour Party, LP, in the 2023 general election, Mr Peter Obi has protested the level of hardship faced by the poor in Nigeria. Obi lamented the travails of low income earners and the exorbitant sums charged by POS operators to Nigerians seeking to access cash.…
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Asda has confirmed its first set of job cuts after recording its worst Christmas sales since 2015. The supermarket’s chairman, Allan Leighton, cut 13 regional manager positions in a shake-up designed to reduce staff and improve performance, according to The Telegraph. Four of the roles are in the retail sector of the company and nine…
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Poundland is investing more money than ever into new security measures after more than £44m of stock was lost last year. The bargain retailer, which sells a large proportion of its products for £1 or less, said it had been a particular target of theft and abuse. In a bid to tackle that issue, Poundland…
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Good morning from MEZIESBLOG! Here is today’s summary from Nigerian newspapers. 1. The Independent National Electoral Commission, INEC, has rejected the N40 billion earmarked for it in the 2025 budget. Chairman of the Commission, Prof Mahmood Yakubu, rejected the estimate during budget defence before a joint committee session on INEC and Electoral Matters, at the…
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Analysts have on Wednesday foreseen crude palm oil (CPO) prices to stay high underpinned by tight supply. Hong Leong Investment Bank Research said in a note that it maintained CPO price assumptions of 4,150 ringgit (938 U.S. dollars) per ton this year and 4,000 ringgit per ton for the next year, with the view that…
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It’s called sticker shock. And if you haven’t been to a dealer’s showroom since before the pandemic, you might want to prepare yourself. Americans paid a whopping $47,612 on average for a new car in October, according to data from Edmunds. That’s a jump of almost $10,000 from October 2019, ahead of the pandemic. That…
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India’s wholesale price index (WPI) inflation increased to 2.36 percent in October, official data showed on Thursday. The increase was primarily due to hike in prices of food items, machinery and equipment, motor vehicles, trailers and semi-trailers. WPI food inflation increased from 9.47 percent in September to 11.59 percent in October. WPI inflation was 1.84…
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