Business

London to remain fintech hub of Europe despite Brexit, study says

The financial technology sector will continue to thrive in London, even as uncertainty coupled with Brexit continues to weigh on the economy, according to a study. Early Metrics, a global rating agency for start-ups in addition to tiny to medium-sized enterprises (SMEs), found which the British capital still outranked which of its European peers. Based on analysis of 1,500 fintech ...

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Shake Shack founder looks for investments with $0 million fund

The founder of completely new York’s beloved burger joint, Shake Shack, has millions to spend on start-ups looking to grow. Danny Meyer’s Union Square Hospitality Group has raised $220 million in a private equity fund, targeting restaurant, food along with also technology investments, he told CNBC’s “Squawk Box” on Monday. “We don’t have all the best ideas from the entire ...

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Pop-up shops find a permanent home at the mall

Imagine a permanent house for pop-up shops. in which’s what Simon Property Group, the largest mall operator from the U.S., is actually preparing to unveil next month at one of its properties on Long Island, completely new York. The platform, known as “The Edit@Roosevelt Field,” offers retailers early on in their businesses the opportunity to set up shop, typically on ...

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Passengers describe terror aboard Indonesia AirAsia flight

Passengers on an Indonesia AirAsia flight coming from Australia to the holiday island of Bali described a panicked flight crew announcing an emergency in addition to also oxygen masks dropping coming from the ceiling after their airliner lost cabin air pressure in addition to also rapidly descended. Flight QZ535 returned safely on Sunday to the airport at Perth city where ...

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IBM incorporates a fresh blockchain for banks to speed up cross-border payments

Big Blue said This particular wants to speed up the “costly, laborious along with also also error-prone” process of producing global payments in different currencies. This particular also aims to improve financial inclusion for people with restricted access to the financial services in developing countries. The corporate giant partnered with non-profit blockchain organization Stellar along with also also currency exchange ...

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Macy’s will open early again on Thanksgiving This particular year

Macy’s can be preparing for another early kick off to Black Friday shopping on Turkey Day. BestBlackFriday.com, which tracks retailers’ holiday deals along with hours, has received confirmation by six U.S. shopping centers in which their Macy’s locations will open at 5 p.m. Thursday. in which compares to a 5 p.m. start last year, along with 6 p.m. in both ...

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Iraqi troops advance on Kirkuk, in addition to oil jumps higher

A map of Kirkuk, showing the close proximity of the K-1 airbase, marked at upper left. Courtesy Google Maps. The Kurds have pressed for their own nation state for more than a century, however which movement gained momentum after the U.S. invasion of Iraq in 2003 in addition to the rise of the so-called Islamic State, or ISIS, which followed. ...

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Mall owner opts to go dark again on Thanksgiving

CBL Properties will keep the doors of its retail properties closed on Thanksgiving Day for the second-straight year. Pushing back against so-called Black Friday creep, Tennessee-based CBL said the closures will affect 62 of its malls in addition to open-air shopping centers. Last year, more than 70 CBL-owned locations were kept closed on the holiday, allowing employees to enjoy their ...

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