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Retail titan Mike Ashley has launched a scathing attack on Prime Minister Andy Burnham’s High Street revival policies, labelling them ‘populist reactions’ and ‘delusional’.…
Angela Rayner’s £39 billion pledge for thousands of new social…
The US Office of the Comptroller of the Currency (OCC)…
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Wall Street analysts are holding their breath and…
Generative AI models, such as ChatGPT, will supposedly one day replace most humans at writing copy. In the meantime, though, humans are spending an awful lot of time writing about generative AI. Every day, announcements arrive boasting about how start-ups a, b and c are…
Turkey has unveiled a new scheme to push exporters to hold less foreign currency as the government of Recep Tayyip Erdoğan steps up its battle to defend the lira ahead of this year’s elections. The country said on Thursday it would offer companies new incentives…
United States-based cryptocurrency exchange Coinbase has been fined €3.3 million ($3.6 million) by the Dutch central bank (DNB) for failing to obtain the required registration before operating in the jurisdiction. In a Thursday press release, the DNB detailed that digital asset service providers wishing to operate in the…
Southwest Airlines reported a loss for the fourth quarter because of the company’s service meltdown over the holiday travel season, and it warned the costs from those problems will result in another loss in the first quarter. The airline was forced to cancel more than…
Comcast on Thursday reported fourth quarter earnings that topped analyst expectations despite persistent softness in broadband subscriber growth and mounting losses from its streaming service, Peacock. The company’s top-line growth was fueled by higher revenue from its broadband and wireless businesses, as well as its theme…
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