Ocado has taken a significant step in promoting female entrepreneurship with the launch of its ‘Buy Women Built’ section.The initiative features over 1,000 products created by women, available on Ocado’s platforms.Spearheaded by Sahar Hashemi, the campaign aims to bolster sales for female-founded brands.A total of 130 female-created brands are now part of Ocado’s offerings, including well-known and startup names.The initiative aligns with previous campaigns to support local products, reflecting a broader trend within supermarkets.Ocado, the online supermarket, has introduced a new section titled ‘Buy Women Built’, with the intention of supporting female entrepreneurs by showcasing their products. This strategic move…
Author: Sam Allcock
The cryptocurrency market is rife with volatility, but certain tokens like Pepe and DogWifHat (WIF) continue to capture investor interest.These meme coins not only boast dedicated followers but also demonstrate significant potential for price surges in the coming months.Pepe, launched in 2017, leverages the popular green frog meme to maintain its status in the crypto community. It has experienced consistent upward trends, marking it as a top choice for investors.Currently valued at $0.00000105, Pepe has increased by 14%. Predictions suggest it could rise by 233% to hit $0.00003472 by early November.This upward trajectory aligns with a bullish sentiment, supported by…
In a notable shift, the cryptocurrency market has begun to show signs of recovery. Investors are witnessing a positive trend as most cryptocurrencies exhibit growth, marking a resurgence of confidence among traders.The overall market valuation has increased by 2.56%, reaching $2.21 trillion. This is a stark improvement from the previous weekend’s figures, bringing a renewed sense of optimism. Additionally, the day’s trading volume saw a remarkable rise to $52.63 billion, emphasising heightened investor interest.Bitcoin, the pioneering cryptocurrency, reached a high of $63,937 today before settling at $63,495, marking a 2.49% increase in the past 24 hours.This surge in Bitcoin’s trading…
The Tetley strike intensifies due to an unresolved pay dispute involving over 150 workers.Workers at Teeside’s Tata Consumer Products, mainly women, claim unfair pay practices. Industrial action marks Tetley workers’ inaugural strike, highlighting employee-management tensions.GMB Union accuses management of intimidation tactics and legal threats.The strike follows a pay deal accepted in August, which workers found insufficient.Over 150 Tetley employees have initiated a strike at Tata Consumer Products’ Teeside location, citing unresolved pay disputes. The GMB Union reports that these workers, primarily women, feel their wages do not reflect their hard work and have consequently planned further industrial action this coming…
Sainsbury’s launches a major recruitment drive, offering 20,000 seasonal jobs to manage the festive rush.18,000 temporary positions available at Sainsbury’s stores emphasize in-store, warehouse, and delivery roles.2,000 opportunities announced at Argos to bolster their workforce during the Christmas period.Potential roles offer fixed-term contracts spanning from three weeks to three months.Hourly wages for roles vary between £12 to £14.65, depending on position and location.Sainsbury’s has initiated a significant recruitment campaign to secure 20,000 temporary employees in anticipation of the busy Christmas period. This effort underscores the retailer’s commitment to delivering a seamless shopping experience during the festive season.Out of these roles,…
Luxury ecommerce takes a new turn as Richemont sells YNAP to MyTheresa.YNAP will be owned entirely by MyTheresa, solidifying its position in the luxury market.The deal includes a significant financial restructuring, including a revolving credit facility.Richemont expects a notable write-down, impacting its financial statements.This acquisition aims to streamline operations and enhance growth across distinct brands.Luxury conglomerate Richemont has finalised an agreement to transfer its Yoox Net-a-Porter (YNAP) division to MyTheresa, a German-based e-commerce platform. In exchange, Richemont will secure a 33% stake in MyTheresa, marking a significant reshuffle within the luxury ecommerce sector.The completion of this acquisition, expected by the…
Discover the transformative move by the UAE as they remove VAT on cryptocurrency transactions. This pivotal change is set to reshape the digital asset landscape within the region, marking a significant step towards becoming a crypto-friendly nation.The UAE’s Federal Tax Authority has announced a major alteration in tax policy by exempting all cryptocurrency transfers and conversions from VAT. This initiative could potentially lower transaction costs and attract more investors, aligning with the UAE’s ambition to become a leading global hub for digital assets.The recent announcement from the UAE’s Federal Tax Authority outlines that all cryptocurrency transfers and conversions are now…
OpenAI, a major force in artificial intelligence, is raising the bar yet again with its latest feature aimed at enhancing how users work with AI on writing and coding projects. As part of its fast-paced evolution, the company recently announced a breakthrough tool called Canvas, a new interface that allows users to fine-tune ChatGPT’s output more effectively. This announcement follows hot on the heels of OpenAI’s record-breaking $6.6 billion funding round and the introduction of an advanced voice mode. With Canvas, OpenAI promises a more flexible and user-friendly approach to working with its generative AI system, potentially reshaping how businesses…
Ripple (XRP) and Dogecoin (Doge) are poised for notable market movements as October unfolds. With recent fluctuations in the broader cryptocurrency market, investors are keenly observing these digital assets.This analysis provides a detailed outlook on the anticipated price trajectories for XRP and Doge, considering prevailing market conditions and sentiment.Ripple (XRP): Climbing the Price LadderRipple continues to capture attention within the cryptocurrency space. As the Bitwise XRP ETF progresses, XRP is firmly in the spotlight. The growing institutional interest is a significant factor in its potential upward trajectory.CoinCodex predicts a 27% rise for XRP to reach $0.67 by mid-October. Currently trading…
India has announced an important policy decision regarding the use of the U.S. dollar in trade. This comes amidst a global trend of de-dollarization.The decision highlights India’s pragmatic approach, ensuring economic stability while exploring alternative currencies for specific trade situations.India’s Position on De-dollarizationIndia, a significant player within the BRICS bloc, has made its stance on de-dollarization clear. While the global movement towards reducing dependency on the U.S. dollar accelerates, India has chosen a pragmatic approach. The country has decided not to actively advocate for de-dollarization, opting instead to maintain the U.S. dollar as the primary currency for international trade and…