Operating

The Central Bank of Nigeria (CBN) has revoked the operational licences of 4,173 Bureaux De Change operators in the country. The bank said the affected institutions failed to pay for licence renewal, submit returns or comply with CBN directives on anti-money laundering, countering financing of terrorism, and counter proliferation financing regulations. READ ALSO: CBN resumes sale of dollars to BDCs The CBN said it is revising the regulatory guidelines of BDCs. The move is part of efforts to restore confidence…

Unilever posted a better-than-expected operating profit for 2023, with underlying sales growth of 7%, and launched a buyback to start in the second quarter. Unilever posted a better-than-expected operating profit for 2023, with underlying sales growth of 7%, and launched a buyback to start in the second quarter. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source…

API Holdings, which runs online pharmacy PharmEasy, widened its consolidated net loss by 30% to Rs 5,212 crore in the financial year ended March though operating revenue grew 16% to Rs 6,644 crore.During the year, the Mumbai-based company continued its belt-tightening initiatives as it more than halved its advertising and promotional expenses to Rs 235 crore, while staff costs declined 12% to Rs 1,283 crore, according to regulatory filings sourced from Tofler.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

The said that Christie, 57, joined the company in 2003 and currently serves as head of safety, security, fleet operations, airports and JetBlue University. The said that Christie, 57, joined the company in 2003 and currently serves as head of safety, security, fleet operations, airports and JetBlue University. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is…

Meet BlueLayer, a new European startup that is building a software platform specifically designed for carbon project developers. In particular, BlueLayer wants to help these companies manage their carbon credits at scale. While the best way to prevent carbon emissions is by decarbonizing supply chains, carbon credits will also play a role in the coming years as a supplement to these decarbonization efforts. “We think that about 70 to 80% of emissions today can be reduced by actions directly within industrial and…

Cap VC is launching a tool for VC firms, and is planning to expand its offering to startups raising money. The idea is to make better investment decisions, faster, using the power of AI. VC is a people-business above all, but as AIs are getting closer and closer to being people, too, there’s a slew of new tools making their way to the market. Some of them (such as Connetic Ventures’ tools) are developed in-house and kept as proprietary tools giving VCs an edge, while others (DeckMatch and Headline) are spun out of VC…

The changes will help to protect EU users from the “unavoidable increased privacy and security threats this regulation brings,” Apple said. The changes will help to protect EU users from the “unavoidable increased privacy and security threats this regulation brings,” Apple said. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong…

Rent the Runway is putting in place another restructuring plan that includes cutting about 10% of its corporate roles.The fashion subscription company on Tuesday said the turnaround plan comes with the resignation of Anushka Salinas as operating chief and president, effective Jan. 31.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Rent the Runwayis putting in place another restructuring plan that includes cutting about 10% of its corporate roles.The fashion…

Samsung Electronics expects its fourth-quarter operating profit to fall 35% from a year earlier, missing market expectations and dampening hopes for an earnings recovery led by its semiconductor business.The world’s largest maker of memory chips, smartphones and televisions said in a preliminary earnings forecast Tuesday that its operating profit is expected at 2.800 trillion won ($2.13 billion) for the October-December quarter, compared with KRW4.310 trillion for the same period a year earlier.Copyright ©2024Dow Jones…

Updated Jan. 3, 2024 1:36 pm ETXerox Holdings said it would reduce its workforce by 15% and shake up its leadership team as it reorganizes its operating model.The printer maker said Wednesday that it had formed a global business-services unit as part of the company’s restructuring as it aims to stabilize its core print business. Xerox also plans to increase its focus on its emerging information-technology and digital-services unit.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…