Author: IA PressRoom

The UK’s advertising watchdog has banned an advert by Anglian Water because it omitted information about the company’s record on sewage spills.It is the first time the Advertising Standards Authority has banned a water company advert on environmental grounds. The regulator said a 2022 advert shown on television and online had not given a fair impression of Anglian’s environmental record and must not be broadcast again. The advert had given the “overall impression” that Anglian was making “a positive overall environmental contribution”, but the company had also harmed the environment by discharging sewage into UK waterways, the ASA said. As…

© Reuters. (Reuters) – Unibail-Rodamco-Westfield will transfer its Westfield San Francisco shopping mall to lenders after 20 years, as it battles declining customer visits, occupancy and sales amid rising crime rates in the city. Last week, Park Hotels & Resorts (NYSE:) said it ceased making payments toward a $725 million mortgage linked to its Hilton San Francisco Union Square and Parc 55 hotels, citing record high office vacancy and lower return to office than peer cities. “Since 2019 foot traffic has decreased to 5.6 million visits (Dec 2022 YTD) from 9.7 million, a 43% drop at a time when our US Flagship…

In an exclusive interview with cryptonews.com, Mike Silagadze, Founder and CEO of ether.fi, talks about the importance of self-custody in Ether staking, the future of ETH, and “re-staking”. About Mike SilagadzeMike Silagadze is the founder and CEO of ether.fi, the first decentralized, delegated staking protocol that allows stakers to maintain full control of their keys – and by extension, their staked ETH – throughout the entire staking process.Prior to founding ether.fi, Mike was CEO and co-founder of Top Hat, where he grew into the market leader in student engagement software, with 500 employees and $60 million in annual revenue. He is…

Barring a few bumps along the road, there seems to be no stopping technology stocks this year, as the asset class has come charging back from a dismal 2022. Lifted by an AI tailwind, the Nasdaq Composite COMP, +0.50% has been hitting record after record, up around 28% year to date. Yet concerns linger that too many investors are chasing a handful of high-profile stocks. Bank of America’s monthly fund manager survey, out Tuesday, revealed that “long big tech” —a bullish view on those major technology stocks — is considered more crowded than any other trade. That was also the…

Russia has revived its oil trade with long-time ally North Korea as the Kremlin’s war on Ukraine drags on. Russia has exported 67,000 barrels of oil to North Korea since December, a UN report said. North Korea has been accused of sending Russia weapons for its war in Ukraine. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Russia has revived its oil trade with long-time ally North Korea as the Kremlin’s war on Ukraine drags on.Shipments of refined petroleum products were halted in October…

US President Joe Biden speaks during an event at the Nash Community College in Rocky Mount, North … [+] Carolina, on June 9, 2023. (Photo by Brendan SMIALOWSKI / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)AFP via Getty Images The student loan pause is rapidly coming to an end. And this time, President Joe Biden will probably not issue another extension. That means that over 40 million borrowers will be returning to repayment for the first time in over three years — a truly unprecedented situation. Complicating matters is the fact that, compared to how things were prior to…

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo in Washington, United States, September 4, 2018. REUTERS/Yuri Gripas/File Photo TUNIS (Reuters) – Tunisia is preparing an alternative proposal to put to the International Monetary Fund (IMF) after President Kais Saied rejected the terms of a $1.9 billion loan agreement negotiated last year, a senior government official said. Talks on the bailout have been stalled since October when Tunisia and the IMF reached a preliminary agreement, with Saied rejecting the idea of subsidy cuts and speaking out against the sale of state-owned companies. The official said Saied believed cutting subsidies…

© Reuters Analyst believes Salesforce (CRM) is ‘well-positioned’ to enhance platform through AI Salesforce (NYSE:) hosted its AI Day on Monday, leaving Wall Street analysts impressed with the company’s vision for leveraging GenerativeAI across its platform. Wolfe Research analysts, who have a Peer Perform rating on the stock, told investors that CRM revealed its AI Cloud, “which brings gen AI into every CRM application in a trusted way.” “We see AI Cloud being an aspirational shift that could be additive to numbers as soon as next year,” wrote analysts. Citi analysts maintained a Neutral rating and $230 price target on…

© Reuters. Investing.com — Oil prices posted strong gains Tuesday, recovering some of the previous session’s sharp losses, helped by slowing U.S. inflation and a relatively bullish monthly report from OPEC. By 09:30 ET (13:30 GMT), futures traded 3.2% higher at $69.27 a barrel, while the contract rose 3% to $73.98 a barrel. Both benchmarks slumped over 3.5% Monday, falling to their lowest levels in almost three months on persistent concerns over the demand outlook in the U.S. and China. These fears were partially lifted Tuesday after U.S. recorded the smallest annual increase in inflation in more than two years,…

Image Source: PixabayTelecommunications giant Taiwan Mobile is in talks with local crypto platforms about potential partnerships and even investment in one of the businesses. The government-licensed wireless service provider is exploring opportunities for collaboration with blockchain-enabled financial institutions, including Taiwan-based XREX, Bloomberg reported, citing people familiar with the matter. No decisions have been made, and a deal may not materialize, the report noted. In a comment, Taiwan Mobile reportedly said it’s “open to any potential opportunities” without giving further details. Wayne Huang, the co-founder of XREX, also declined to reveal whether the company is in talks with the telecom company.However, Huang said he believes that…