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Asda chair: Government should reform benefits system to fix UK’s worklessness crisis
Asda chair Lord Rose has urged the Government to reform the benefits system to get more people into work. According to the Office for National Statistics, 2.8m people of working age say long-term sickness means they are unable to work, up from 2.2m b…
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Digital Icon : Rajesh Verma
Rajesh Verma is a seasoned CIO/Head of IT with over 22 years of experience in spearheading digital transformation initiatives across diverse retail sectors. With a keen eye for identifying operational gaps and a knack for deploying cutting-edge digit…
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Phygital Futures: RetailGPT’s Role in Elevating Retail Ecosystem
This GenAI-driven platform leverages sophisticated artificial intelligence to personalise shopping experiences, making them more engaging and intuitive As the retail landscape rapidly evolves, the fusion of physical and digital commerce—termed ‘…
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Over one-third of grocery products listed on a major e-commerce platform have information discrepancies: Study
The study identified several discrepancies, including varying net weights, inconsistent barcodes, and poor-quality images Bengaluru: As many as 34.83% of grocery products (approximately 1,000 products) listed on a major e-commerce platform have incom…
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525 million garment remnants labeled since November 2023
Today, September 15, a complete ban on the sale of unmarked clothing leftovers imported into Russia before April 1, 2024, comes into force. Since November 1, 2023, CRPT has marked 525 million unmarked clothing leftovers.
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Demand for shawarma in stores and delivery services has grown by more than 20%
According to OFD Platform, sales of shawarma in grocery stores and food delivery services have grown by more than 20% in a year. At the same time, analysts have recorded an unusual trend: shawarma is increasingly appearing on the menus of premium res…
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H&M to continue developing second-hand business
Swedish company H&M plans to modernize its stores in Belgium and France, as well as expand the number of second-hand stores, writes Retail Detail.
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UK Government Acquires National Grid’s Electricity System Operator
National Grid has struck a deal to sell its Electricity System Operator (ESO) to the government for £630m, paving the way for the division to transition into public ownership. The FTSE 100 utility said on Friday that it expected the transaction to be…
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How SpaceX Could Make Elon Musk the World’s First Trillionaire
A new report from wealth-tracking website Informa Connect forecasts that Elon Musk could become the world’s first trillionaire by 2027. This news is likely disheartening for struggling WeWork co-founder Adam Neumann, who famously said in 2019 that he…
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Brazil and Chile Lead Latin America’s Green Energy Revolution
While Latin America and the Caribbean have shown the slowest growth in terms of energy transition in the last decade, Brazil and Chile performed extremely well, ranking in the top 20 performers worldwide, according to the World Economic Forum’s 2024…
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Why SMRs Are Taking Longer Than Expected to Deploy
As we go into a new nuclear power era, with public support stronger than it has been in decades, energy companies and startups worldwide are looking for innovative ways to deploy nuclear power faster. While conventional reactors are prohibitively exp…
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Japan’s Firms Earn $57 Billion in Latest Divestment Spree
Japan’s listed companies, many of which operate in the energy sector, have earned the equivalent of $57 billion from divestitures over the last three years as they look to boost their capital efficiency and stock valuations. Many of Japan’s largest l…
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Financial Supervision Authority: Estonian banks' fees for banknote and coin transactions are outrageous
The head of the Financial Supervision Authority, Kilvar Kessler, is shaking his fist at Estonian banks that recently decided to start charging for services that are free in most civilized European countries. Below is Kessler's address to the bank…
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Cristina Callas: Tax Debate Has Degenerated into Cacophony
Education Minister Kristina Kallas, leader of the Estonian 200 party, believes that tax debates in the public space are filled with contradictory proposals and cacophony instead of reasoned discussions.
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Pro Patria representative: Estonian pensioners are the poorest in the EU, tax increases will make them even poorer
Riina Solman, deputy chair of the Riigikogu Social Affairs Committee and member of the opposition Pro Patria party, warns that the increase in income and other taxes will hit low-income people the hardest.
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"We will change your package to the most advantageous one": one Tallinn resident's bills will increase by 300 percent
Although Elektrilevi has been stating in its press releases since the summer that, on average, with the October increase in network service fees, household bills will increase by “only” seven percent, the experience of a Tallinn resident shows that t…
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European Commission President Plans to Introduce New Quotas for Enterprises
European Commission President Ursula von der Leyen gave a speech on Friday, September 13, in which she presented a new plan – the creation of a system of green credits.
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Due to unexpected expenses, the parishes demand more than a million euros from the government
Since the increase in the minimum wage for teachers also affects the salaries of kindergarten teachers, local governments have sounded the alarm: they cannot afford to pay higher salaries.
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"It was a gift from my child": hotel business closed, and the client was left without the promised money
The customer purchased a gift card for the Saku Mõis Hotel for 137.50 euros. However, the hotel operator soon ceased operations, and the customer did not have time to use the gift card. The Consumer Protection and Technical Supervision Authority (TTJ…
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Estonian businesses appeal to the government: do this and there will be no need for tax increases!
This week, the Estonian Small and Medium-Sized Enterprises Association (EVEA) sent its proposals to ministries, parliamentary parties and members of parliament regarding planned tax changes and adjustments to the revenue base for the next budget year…
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