Category: Finance News

Nov 12

Florence cracks down on overtourism just as Italy hosts G7 tourist ministers in Renaissance city

Article content ROME (AP) — The city of Florence took new measures Tuesday to crack down on overtourism, just as the Italian government hosts the Group of Seven tourism ministers in the Renaissance city and seeks to significantly boost the country’s place as a top visitor destination. Mayor Sara Funaro’s Cabinet approved a 10-point plan […]
Nov 12

Labour Minister moves to end port lockouts in Montreal and British Columbia

Article content Labour Minister Steven Mackinnon has put an end to the work stoppages at Quebec and British Columbia ports by ordering binding and final arbitration. Mackinnon said on Tuesday the negotiations had hit an impasse and the economic and reputational damage to Canada as a reliable trade partner was in jeopardy. “If these work […]
Nov 12

AgeTech Company Voxela Completes a Pre-Series A Round of Fundraising

Article content Shaping the future of care with an AI-powered care management solution to reinvent the eldercare industry. SAN FRANCISCO — Voxela, Inc. (Voxela), which created the AI care management system Voxela VCare, has completed its pre-Series A funding round. The company’s proven track record of deployments in Japanese care facilities, unparalleled features, and high […]
Nov 12

Kane Biotech Announces Agreement to Acquire FB Dermatology

This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: GlobeNewswire Published Nov 12, 2024  •  7 minute read Article content Transaction […]
Nov 12

Metro Bank fined £16.6m by FCA over money laundering monitoring failures

The Financial Conduct Authority (FCA) has fined Metro Bank £16.6 million for failing to implement adequate systems to monitor money laundering risks, impacting over 60 million transactions valued at more than £51 billion. The lapses, occurring between June 2016 and December 2020, reveal serious deficiencies in Metro’s financial crime prevention controls. Metro Bank introduced automated […]
Nov 12

Anthony Scaramucci warns of impact on UK trade as trump wins US election

Anthony Scaramucci, former White House communications director and co-host of The Rest is Politics US, has expressed concerns over the implications of Donald Trump’s recent election victory for UK-US trade relations. Speaking exclusively to Business Matters, Scaramucci reflected on the potential challenges that British small and medium-sized enterprises (SMEs) might face under Trump’s renewed leadership. […]
Nov 12

Budget tax rise puts two in five UK hair salons at risk of closure, warn industry leaders

The UK hair salon industry faces an uncertain future, with two in five salons at risk of closure due to rising employment costs outlined in last month’s budget. Industry leaders, including Carla Whelan, CEO of the Regis and Supercuts salon group, have voiced concerns over the “devastating” impact of increased employer national insurance contributions, which […]