Gold poised for eighth weekly rise on firm safe-haven demand

Gold poised for eighth weekly rise on firm safe-haven demand

The non-yielding asset, traditionally considered a hedge during geopolitical and economic uncertainty, has gained about 52% this year [BENGALURU] Gold edged higher on Friday (Oct 10) and headed for its eighth straight weekly gain, as lingering geopolitical and economic uncertainty alongside expectations for interest rate cuts from the US Federal Reserve boosted demand for bullion.…

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Shein, hit with big fines, boosts internal controls

Shein, hit with big fines, boosts internal controls

The online fast-fashion retailer has grown to become the world’s biggest fast fashion retailer by sales [LONDON] Online fast-fashion retailer Shein is strengthening its controls after a string of fines over data privacy breaches, fake discounts and greenwashing, according to a letter to investors, internal memos and two sources with direct knowledge of the plan.…

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Parents Television & Media Council Files For Chapter 7 Bankruptcy

Parents Television & Media Council Files For Chapter 7 Bankruptcy

The Parents Television & Media Council, the nonprofit watchdog group that made its name in the early to mid 2000s advocating against what it saw as indecent content on TV, has filed for Chapter 7 bankruptcy. The Burbank-based organization filed the paperwork (read it here) late last week in Delaware Bankruptcy Court. A total of…

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Victoria Beckham Shares How Spice Girls’ Mel B “Upset” Her

Victoria Beckham Shares How Spice Girls’ Mel B “Upset” Her

Why Victoria Beckham’s Business Was on the Brink of “Disaster” As remembered by David Belhassen, whose Neo Investment Partners bought a third of Victoria’s business in 2017 and helped turn it around financially, he was initially a hard no on the prospect of getting involved. “It was a disaster,” he said in the series. They…

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HSBC’s top boss bets US$14 billion on Hong Kong in push for growth

HSBC’s top boss bets US billion on Hong Kong in push for growth

For a bank that has spent much of the last decade shying away from major deals, Elhedery’s approach marks a sea change from his predecessors [LONDON] After spending the past year shedding thousands of jobs and stripping out layers of management to rein in costs, HSBC Holdings chief executive officer Georges Elhedery is now looking…

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Meghan Markle and Prince Harry Step Out for Date Night

Meghan Markle and Prince Harry Step Out for Date Night

Prince Harry and Meghan Markle had a royally sweet date night. The couple attended Project Healthy Minds’ third annual World Mental Health Day Gala in New York City Oct. 9 and their date night earned a crown of its own, as they were honored with the Humanitarians of the Year Award for their work with…

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