Browsing: News

A new global study has revealed significant anxiety among U.S. businesses regarding their compliance with the Corporate Transparency Act (CTA). Research conducted by CSC, a leading provider of global business administration and compliance solutions, shows that a staggering 83% of senior legal and compliance executives are worried about their organisation’s adherence to the CTA. Furthermore, 76% believe the Act is causing widespread concern among U.S. businesses as a whole. Remarkably, only 1% of those surveyed report no concerns about their CTA compliance. The CTA, which came into effect on January 1, 2024, aims to enhance national security and combat corruption,…

The world’s leading cognac brand becomes the first alcohol brand to take over the iconic space as part of Sportopia, Selfridges’ summer celebration of sport. London, UK – July X, 2024: A game-changing takeover is set to hit Selfridges this August as Hennessy brings the excitement of the basketball court to one of the UK’s most renowned retail destinations, celebrating its marketing partnership with the National Basketball Association (NBA). A newly announced highlight of Sportopia this summer, shoppers can experience the Hennessy x NBA activation for a limited period from 12th to 31st August. The iconic cognac brand will bring…

China’s economic slowdown and ongoing deflation are set to create both winners and losers across the global economy, according to a new report by Euromonitor International. Lan Ha, Head of Economic Research at Euromonitor, highlighted that China’s post-pandemic recovery has faltered due to declining export demand and sluggish domestic consumption growth. Despite a projected growth rate of around 5.0% for 2023-2024, this figure falls short of the pre-pandemic average of 7.7% annually from 2010 to 2019. In response to the economic downturn, the People’s Bank of China has cut interest rates twice this year, in June and August. However, additional…

A landmark German delegation, led by world-renowned stem cell expert Prof. Dato’ Sri Dr. Mike Chan, has concluded a three-day visit to Baoding, China, marking a significant step in international health cooperation. The visit, which took place from 11th to 13th July, was a reciprocal response to an earlier Chinese governmental visit to Germany in June, focused on collaboration in stem cell research, biotechnology, health, and medical education. Prof. Chan, the founder of the European Wellness Biomedical Group (EW Group), stands at the forefront of stem cell research. Under his leadership, the EW Group has become a multi-award-winning organisation pioneering…

As the Paris 2024 Olympic Games came to a close, Team GB once again took centre stage at the Closing Ceremony, proudly donning their official Ben Sherman ceremonial attire. This significant occasion marked the end of two weeks filled with extraordinary sportsmanship, resilience, and achievement, bringing the remarkable Paris 2024 Olympic Games to a close for all athletes involved. Location: Stade de France, Paris, France Athlete Spotlight: Team GB flagbearers Bryony Page (Gymnastics Trampoline; Gold Medallist) and Alex Yee (Triathlon; Gold Medallist) led the procession, illuminated within the Stade de France at the Closing Ceremony. They elegantly embodied a blend…

The traditional Saturday job, once a staple for young Brits seeking to earn extra cash, appears to be falling out of favour as Generation Z increasingly turns to side hustles. New research from GoDaddy reveals a significant shift in how young people are approaching work and entrepreneurship. The survey, which questioned over 1,000 Gen Z individuals in the UK, finds that 58% of respondents would rather run their own business than work in conventional part-time roles such as those in retail or hospitality. This preference is driven largely by financial concerns, with 69% of Gen Z citing financial security as…

A recent study by the UKG Workforce Institute has underscored the pivotal role that managers play in fostering productive and engaging workplaces. According to the global research, nearly three in four employees (73%) say their manager’s support and leadership directly motivates them to go above and beyond in their roles. However, the study also reveals a concerning level of burnout among managers, who report feeling the strain of their responsibilities more than any other group in the workforce. The research highlights that effective management is crucial to creating a positive work environment. A significant 87% of employees believe their manager…

FBS tops the list as the best forex trading apps by user feedback  TD Ameritrade and ActivTrades are in second and third place, respectively  Data on App Store reviews was analyzed to create an index score and determine the ranking  A new study has revealed the best apps for forex trading according to direct users’ feedback and reviews on App Stores, with FBS taking the top spot.  Online trading and investing experts at InvestinGoal.com analyzed 38 App Store review terms consisting of both positive and negative feedback for a range of forex trading apps. Each app was awarded a score…

Postgraduate students at Oxford Brookes Business School (OBBS) took centre stage during the University’s annual Business Challenge Week, held from 17 to 21 June. The event saw students collaborating with businesses to tackle real-world issues, culminating in a showcase of innovative solutions at the University’s Headington Campus. The week-long event involved 45 students, including 12 from the University of Regensburg in Germany, a partner institution of Oxford Brookes. These students were tasked with developing strategies and recommendations for participating businesses, providing them with hands-on experience in addressing contemporary challenges across various industries. Dr Karla Zimpel-Leal, Senior Lecturer in Innovation and…

CloudPay Secures $120 Million Funding to Bolster its Global Customer Base Andover, UK, 8 August 2024 – CloudPay, the leading independent provider of global payroll and payment solutions, today announces the successful completion of a $120 million funding round led by Blue Owl Capital, with participation from existing shareholders Rho Capital Partners, The Olayan Group, and Hollyport Capital. This investment fortifies CloudPay’s capital base and provides flexibility for future growth initiatives. With a distinguished 30-year history, CloudPay has established a world-class customer base, collaborating with over 280 corporate clients to manage their payroll and payment requirements across more than 130…