County Spencer Financial News
26.11 / 21:43
RPSG Group confident of making consumer biz vertical profitable: V-C
Goenka Group vice chairman Shashwat Goenka said the group is confident of turning profitable its consumer business comprising retail stores such as Spencer's Retail, Nature's Basket and the FMCG business within 2-3 years. The financial turnaround will be achieved by reducing debt through a mix of restructuring and repayment of loans, exiting loss-making stores and categories, and entering a new high margin retail format through world-class luxury gourmet stores, said Goenka in an interview. The group, meanwhile, continues to hold talks to sell a minority stake in Spencer's Retail and plans to list the FMCG business at the «right time», said Goenka.
21.11 / 03:38
Matthews
reports
testing
David Warner to miss T20I series against India following World Cup win
Australia opener David Warner will miss the upcoming T20I series against India after he was withdrawn from the squad following their ODI World Cup 2023, according to a report by ESPNcricinfo. The 37-year-old joined a group of other Aussie players who will miss out on the T20I series ahead of the three-match Test series against Pakistan on December 14. According to ESPNcricinfo, World Cup-winning captain Pat Cummins, Josh Hazlewood and Mitchell Starc will also be missing out on the forthcoming 20-over format series along with Aussie all-rounders Cameron Green and Mitchell Marsh. In the ODI World Cup 2023, Warner had a great run with the Aussie squad.
14.11 / 15:33
regulation
UK
Treasury
Investment Trust
House of Lords questions FCA's ability to 'protect market stability'
Current EU cost disclosure rules, known as PRIIPS, have caused investment trust charges to appear artificially expensive, deterring investment in various areas, particularly battery storage, wind and solar farms.
23.10 / 22:55
Booking
Man
Actor
show
innovations
‘Dr. Wolf’: See medical drama’s release window, plot, cast, where to watch and more
NBC is bringing back Zachary Quinto for their upcoming series, "Dr. Wolf," created by Michael Grassi, known for his work on «Riverdale» and «Pretty Little Liars: Original Sin.» The show draws inspiration from the life of Dr. Oliver Sacks, featured in books like «The Man Who Mistook His Wife For a Hat» and «An Anthropologist on Mars.»
20.06 / 14:49
Adoption
Alibaba Names Crypto-Friendly Joseph Tsai as New Chairman
Alibaba has announced that crypto-friendly Joseph Tsai, currently Executive Vice Chairman, will replace eight-year veteran chief Daniel Zhang as the company's new Chairman.
26.08 / 09:05
Blockchain
Adoption
Gaming
play
Xbox boss keen on Metaverse but 'cautious' about play-to-earn games
Phil Spencer, the head of Microsoft’s gaming company Xbox is optimistic about the Metaverse but remains “cautious” about play-to-earn (P2E) crypto games due to its economic and speculative aspects.
08.05 / 11:11
business
Blockchain
Utah Governor approves of blockchain and digital innovation task force
After nearly a three-year-long discussion about establishing a task force to oversee blockchain and crypto initiatives, the governor of Utah, Spencer Cox, signed a bill to create the Blockchain and Digital Innovation Task Force.
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