United States Retail Payment Channels: What In-Store, Online, and Social Commerce Sales Growth Means for Payment Providers

The Telegraph
How the ‘junkification’ of Amazon sparked a race to the bottom against China
Need to buy a paintbrush? You might start in the same place millions of shoppers do every day: by opening the Amazon app. In the search results you will find a baffling array of brushes, sold by brands such as CNMTCCO, HTHL and Skaaisont, all largely indistinguishable from one another.
Oxford Mail
Doctors send desperate letter - 'we won't cope with 1,000 new homes'
Residents have received a desperate letter from all the GPs at Woodstock Surgery detailing the dire predicament they currently face.
The Telegraph
What Labour has in store for your pension
The pensioner vote has been a key battleground in this election. One of the Conservatives’ key pledges was the introduction of the “triple lock plus”, a higher tax-free personal allowance for the retired.
The Telegraph
British Airways risks compensation bill for delayed passengers in £100m legal case
Millions of passengers could be compensated for late flights if a landmark legal case against British Airways and easyJet proves successful. British Airways and easyJet are battling to throw out the case, which risks forcing airlines to pay out hundreds of millions of pounds to passengers over late flights.
Sky News
Boeing to admit fraud charge to avoid trial over crashes that killed 346 people
Boeing is to plead guilty to a criminal fraud conspiracy charge to resolve a US investigation into two fatal 737 MAX crashes. An official at the US Department of Justice (DoJ) revealed overnight that Boeing would pay a $243.6m (£190.1m) fine and invest at least $455m (£355m) over three years to strengthen its safety and compliance programmes as part of the plea deal. The settlement, which Boeing acknowledged but did not comment on, marks the second time the planemaker has been offered a plea bargain by the department relating to the crashes of 2018 and 2019 that were blamed on flawed flight control software.
The Guardian
‘Will you stop exploring yours?’: Latin America forges ahead on new oil frontier
About half the countries in the region are experiencing a rush in oil exploration that threatens the global drive to achieve net zero. But many argue that they have a right to enrich themselves in the same way the west has
CityAM
Why passengers should think twice before flying with British Airways this summer
British Airways cancelled 4,033 flights from UK airports in the last twelve months, equating to 2.3 per cent of the industry's total.
Reuters
Tesla investors to urge judge to reject record $7 billion legal fee in Musk pay case
Tesla shareholders will appear in court on Monday to argue that an unprecedented request for more than $7 billion in attorneys' fees to be paid by the company is "outlandish," the latest twist in a legal showdown over Musk's $56 billion pay package. The record fee request was made by investor Richard Tornetta on behalf of three law firms that represented him, including Bernstein Litowitz Berger & Grossmann. Tornetta owned nine shares of Tesla when he sued over Musk's pay package of stock options in 2018, a legal battle he ultimately won in January when the package was voided.
Reuters
Porsche sticks with plans to stop some combustion model production
Porsche is sticking to its guns in its transition of some models to electric vehicles, despite a recent weakness in demand for battery-powered cars, the carmaker's head of production told magazine Automobilwoche. Porsche executive board member Albrecht Reimold said that the petrol-powered version of SUV model Macan for non-European markets would be produced no longer than 2026. "The platform has reached the end of its cycle," said Reimold.
CNN Business
John Deere to lay off roughly 600 employees from three US factories
The farm-equipment manufacturer will lay off about 600 employees across three US factories as it shifts production to a newly planned facility in Ramos, Mexico.
Reuters
China autos group 'strongly dissatisfied' with EU anti-subsidy tariffs
The China Association of Automobile Manufacturers (CAAM) is "strongly dissatisfied" with anti-subsidy tariffs proposed by the European Union, the industry group said in a statement on Saturday. Manufacturers had cooperated with the European Commission's investigation into Chinese subsidies, but the inquiry had ignored the facts and preselected results, CAAM said in a post on the Chinese messaging app WeChat. The EU imposed tariffs of up to 37.6% on imports of electric vehicles made in China from Friday, with a four-month window during which the tariffs are provisional with intensive talks expected between the two sides.
Reuters
Ocado builds on Aeon partnership with plans for third robotic warehouse
British online supermarket and technology group Ocado said on Monday it had boosted its partnership with Japan's Aeon with plans to build a third robotic warehouse. The third customer fulfilment centre (CFC), as Ocado calls them, will be in Kuki-Miyashiro, the Saitama prefecture of Japan, and will go live in 2027. The expansion of the partnership is a boost for Ocado after it said last month that its Canadian supermarket partner Sobeys had paused the opening of a fourth robotic warehouse, prompting a slump in Ocado shares.
RFI
Carmakers unhappy after EU hits China with tariffs on electric vehicles
The European Union has slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of "unfair" state subsidies, despite Beijing's warnings the move would unleash a trade war. But company reps in both China and Europe are critical of the steps. Brussels launched an investigation last year into Chinese electric vehicle manufacturers to probe whether state subsidies were unfairly undercutting European automakers.Since announcing the planned tariff hike last month, o
South China Morning Post
China's Laws of Robotics: Shanghai publishes first humanoid robot guidelines
Shanghai has published China's first governance guidelines for humanoid robots, calling for risk controls and international collaboration, as tech giants like Tesla showed off their own automatons at the country's largest artificial intelligence (AI) conference. Makers of humanoid robots should guarantee that their products "do not threaten human security" and "effectively safeguard human dignity", according to a new set of guidelines published in Shanghai during the World Artificial Intelligenc
CityAM
FTSE 100 live: Markets focus on chancellor Reeves’ debut speech and France’s election
The daily London market update: Market moving news from the FTSE 100 and around the world from City A.M.
Yahoo Finance
The big problem with couples retiring at different times? Overspending.
The big trouble with couples retiring at different times? The impact on long-term financial security.
Simply Wall St.
3 High Yield Dividend Stocks On SGX With Up To 6.7% Yield
As global financial dynamics continue to evolve, recent developments such as Visa and Mastercard's commitment to maintaining capped fees on tourist card transactions underscore a broader trend towards regulatory stability and cost predictability in international commerce. In this context, dividend stocks, particularly those offering high yields on the Singapore Exchange (SGX), may appeal to investors looking for reliable income streams amid fluctuating market conditions.
The Telegraph
Apple unfairly sacked analyst who took secret photos of female colleague
Apple unfairly sacked an employee at its London headquarters who took secret photos of a female colleague and shared them with other staff, a judge has ruled.
Insider Monkey
The Wealthiest Person in Czech Republic
Previously, we published a detailed report on the 11 Wealthiest People in Czech Republic. In this article, will discuss the wealthiest person in Czech Republic. An Analysis of the Czech Economy The Czech Republic, commonly referred to as Czechia, is a landlocked country in Central Europe. It shares borders with Germany, Slovakia, and Poland. The […]
Simply Wall St.
3 High Insider Ownership Growth Companies On Chinese Exchange With Earnings Rising Up To 108%
As global markets navigate through varying economic signals, Chinese equities have faced challenges with underwhelming manufacturing data highlighting concerns about the economy's momentum. In such a landscape, identifying growth companies with high insider ownership on Chinese exchanges could offer investors distinct advantages, as these firms often benefit from aligned interests between shareholders and management.

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United States Retail Payment Channels: What In-Store, Online, and Social Commerce Sales Growth Means for Payment Providers

Latest stories

How the ‘junkification’ of Amazon sparked a race to the bottom against China

Doctors send desperate letter - 'we won't cope with 1,000 new homes'

What Labour has in store for your pension

British Airways risks compensation bill for delayed passengers in £100m legal case

Boeing to admit fraud charge to avoid trial over crashes that killed 346 people

‘Will you stop exploring yours?’: Latin America forges ahead on new oil frontier

Why passengers should think twice before flying with British Airways this summer

Tesla investors to urge judge to reject record $7 billion legal fee in Musk pay case

Porsche sticks with plans to stop some combustion model production

John Deere to lay off roughly 600 employees from three US factories

China autos group 'strongly dissatisfied' with EU anti-subsidy tariffs

Ocado builds on Aeon partnership with plans for third robotic warehouse

Carmakers unhappy after EU hits China with tariffs on electric vehicles

China's Laws of Robotics: Shanghai publishes first humanoid robot guidelines

FTSE 100 live: Markets focus on chancellor Reeves’ debut speech and France’s election

The big problem with couples retiring at different times? Overspending.

3 High Yield Dividend Stocks On SGX With Up To 6.7% Yield

Apple unfairly sacked analyst who took secret photos of female colleague

The Wealthiest Person in Czech Republic

3 High Insider Ownership Growth Companies On Chinese Exchange With Earnings Rising Up To 108%