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...“Shein is finding its merchant lock-in has been less robust than expected in light of Temu’s advances,” said Robin Zhu, an analyst at Bernstein....
...Since 2017, UK companies with 250 or more employees have been required to publish their gender pay gap....
...This roughly doubled the company’s order book compared with the previous year. Hybrid bonding last year brought in €36mn in revenues, less than a tenth of group sales....
...The company found “several people had been violating company policies by not performing a required test, but recording the work as having been completed”....
...“It’s very rare where you have something that can cater to the smallest of the small merchants . . . while also catering to multinational . . . companies,” he says....
...Archer Daniels Midland’s profits fell less than expected in the first quarter, the global agricultural commodities merchant’s latest update since it set out the details of a probe into its accounting practices...
...Merchants would dearly like to see the en primeur release prices fall to spark interest. Adjusted for inflation, UK merchants sold 38 per cent less of these wines last year than in 2016....
...The former president’s team had spent “countless hours negotiating with one of the largest insurance companies in the world”, the lawyers wrote, but had concluded that “very few bonding companies will consider...
...Swipe fees — otherwise known as interchange fees — have long been a point of contention between merchants and credit card companies....
...His new venture will be a “merchant banking model for insurance”, Bhalla said....
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
...The FAA said Boeing had informed the agency last month that it might not have completed inspections “to confirm adequate bonding and grounding” where the wings of the 787 Dreamliner meet the fuselage....
...Visa and Mastercard have agreed to a $30bn settlement in a long-running case brought by merchants alleging the credit card companies inflated payment processing fees....
...Here’s what else I’m keeping tabs on today: Company earnings: Reddit releases results for the first time as a public company later today....
...Archer Daniels Midland, the global agricultural commodities merchant, overstated historical profits at its fast-growing nutrition business by up to 10 per cent, it said on Tuesday, setting out for the first...
...The 146-year-old City merchant bank last month suspended its dividend because of uncertainty about the impact of the review, and said it would decide whether to reinstate it in 2025 “once the FCA has concluded...
...Foreign travellers often struggle to pay in China because merchants only accept Chinese digital payment apps....
...The group is one of a number of payment companies including Dutch rival Adyen to have suffered sharp valuation drops in recent months....
...The company said profits had been driven by transaction fees and marketing fees paid by merchants using its platforms....
...The company — named after British army officer turned merchant Arthur Rawdon Spinney, who began importing food into British-occupied Egypt a century ago — said its offering was 64 times oversubscribed and...
...The streets were named in honour of Alibaba founder Jack Ma after his company helped to transform the farming town into a community of online merchants over the past two decades....
...Magnati’s platform monitored transactions to businesses which use its payment services, Kumar said, and could compare their performance with other similar merchants to produce a picture of the company’s...
...Rhodes joined Discover after its previous chief executive left in the wake of an accounting scandal in which the company had for years overcharged some merchants....
...Rhodes joined Discover after its previous CEO left in the wake of an accounting scandal in which the company had for years overcharged some merchants....
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