The Commons Treasury committee has expressed concerns over proposed lending rules that could adversely affect small businesses in the UK. These rules, put forth by the Prudential Regulation Authority (PRA) as part of the Basel 3.1 package, aim to enhance banks’ resilience but may inadvertently raise borrowing costs for small firms. Specifically, the committee highlighted …
The idea of using data from streaming services to predict hit songs has been around for some time, and a number of research papers have been written on the subject. But AI is bringing this idea closer to reality, and now, Tencent Music Entertainment (TME), China’s largest operator of music streaming services, says it has …
California’s restaurant scene is bracing for another financial hit this summer when a new law is set to shake up menu prices. Fox Business reports that following the recent increase in the state’s minimum wage to $20, fast-food chains have already adjusted their pricing. Now, with a new law targeting “junk fees” slated to take effect …
A Los Angeles couple who own the property where famed starlet Marilyn Monroe spent her final days is suing the city, alleging they are being blocked from demolishing the house so the city can turn it into a historical landmark. On Monday, Brinah Milstein and her husband Roy Bank, filed a lawsuit in Los Angeles …
While CIBIL primarily deals with credit information of account holders, it does not directly handle disputes related to fraudulent charges. However, if anything of this sort comes to the fore, it is recommended to place a fraud alert or credit freeze on your credit report with CIBIL. This makes it quite cumbersome for fraudsters to …
MANILA, Philippines — Local factory output declined for the first time in nearly two years in March, the Philippine Statistics Authority (PSA) reported on Wednesday, as material shortages weighed on production. However, the contraction in the Volume of Production Index (VoPI), a measure of manufacturing output, was only by 0.8 percent year-on-year, although it reversed …
New Delhi: The 16th Finance Commission on Wednesday invited suggestions from the general public, institutions and organisations on relevant issues for it and those related to its terms of reference. As per Article 280 of the Constitution, the commission is required to make recommendations on the distribution of the net proceeds of taxes between the …
Social media giants TikTok and Instagram are in the spotlight as Britain takes decisive action to protect its youth from harmful online content. Under new regulations set forth by Ofcom, these platforms are mandated to rein in their algorithms that propagate detrimental material to children. The stringent code of practice outlined by Ofcom aims to …
BMG has appointed Kristal McKanders Dube to lead its Global Corporate Communications. An accomplished communications executive and media strategist with close to 20 years’ experience, McKanders Dube joins BMG after nearly six years at Warner Music Group (WMG). At WMG, Kristal McKanders Dube led the global communications function at Warner Chappell Music (WCM), the publishing …
Opinions expressed by Entrepreneur contributors are their own. My parents were born in 1947. For 35 years, they drove to the same exact buildings and worked the same exact jobs. My mother was a high-school math teacher and my father was an investment advisor. They didn’t demand much, and their story isn’t uncommon. They were …