HSBC is set to discontinue its global payments application, Zing, just one year after its launch. This could potentially put around 400 jobs at risk as the multinational bank continues
Tesco loses Supreme Court case over ‘fire and rehire’ practice.
The Union of Shop Distributive and Allied Workers (Usdaw) has won a Supreme Court case against Tesco over its plans to “fire and rehire” workers on less favourable terms.
Helicopter pilots have gone on strike, leaving oil rig workers stranded in the North Sea.
Hundreds of oil rig employees are currently stranded due to a strike by helicopter pilots who transport workers to and from numerous North Sea sites.
Tesco’s profits up by nearly 160pc
Tesco PLC (LSE: TSCO) reported in its preliminary results today that sales volumes in the UK and Ireland have surged, thanks to reduced inflationary pressures. However, the company anticipates only
Thousands of Asda Employees Affected by Payroll System Failure
Asda, a key player in the supermarket and retail sector, has encountered a significant payroll issue affecting nearly 10,000 of its employees due to a flawed IT upgrade supervised by
Barclays Acquires Tesco Bank in a £600 Million Transaction
Barclays has reached an agreement to acquire Tesco Bank’s retail banking division, a move that includes taking on its 2,800 employees, as announced by both companies.
UK works from home more than any other European nation
British employees lead their European counterparts in terms of working from home, maintaining the trend that emerged during the pandemic, despite attempts to encourage a return to office spaces.
Binance Halts US Dollar Deposits in Response to Biden’s Increased Cryptocurrency Regulation Efforts
In response to the Biden administration’s intensified scrutiny of the cryptocurrency sector, Binance is set to restrict dollar withdrawals from its US-based cryptocurrency exchange in the coming days.
Cryptocurrencies continue downward spiral following lawsuit from American regulators
The ongoing decline in Bitcoin and Ethereum continues, as uncertainty is projected to keep influencing the market. Bitcoin, the cryptocurrency with the largest market capitalization, dropped 1.3% to US$26,432, while
Regulators Initiate Legal Action Against Coinbase Amid Increasing Scrutiny on Crypto Industry in the US
Coinbase, the leading US crypto asset exchange, faces a lawsuit from American regulators, marking a growing clampdown on the digital token sector.
Pending enforcement action may put over a third of Coinbase’s revenues at risk.
US regulator, the Securities and Exchange Commission (SEC), has sent a Wells Notice to Coinbase Global Inc (NASDAQ: COIN), a cryptocurrency exchange listed on Nasdaq.
Schlumberger, the oil giant, rebrands itself as “SLB” to promote a low-carbon future
Schlumberger, the world’s largest provider of oilfield services, has announced that it is changing its logo, name and colour scheme to reflect its commitment to a low-carbon future.