Tinder’s CEO Renate Nyborg will step down from the dating app after a year.

Creative Media NewsThursday, 4 August 2022, 6:000

Tinder CEO Renate Nyborg is quitting the company less than a year after becoming the dating app’s leader. Her departure was one of several managerial changes made by Tinder’s parent firm, Match Group. In addition, Tinder’s intentions to adopt new technologies, such as virtual currencies and metaverse-based dating, are under consideration. Match posted second-quarter financial...

Taylor Wimpey provides employees with a £1,000 cost-of-living bonus.

Creative Media NewsThursday, 4 August 2022, 4:000

Barratt, Lloyds, Rolls-Royce, and HSBC are among the large corporations that have provided staff with bonuses to assist them to cope with growing living expenses. The majority of Taylor Wimpey’s employees will receive an additional £1,000 this winter to assist them with rising fuel expenses. The payments will be made to workers earning up to...

As the cryptocurrency market declines, Robinhood reduces its workforce by nearly a fourth.

Creative Media NewsThursday, 4 August 2022, 1:000

Due to excessive inflation and the decline of the cryptocurrency industry, Robinhood is laying off approximately a quarter of its workforce. The corporation reported that the current economic climate had limited their trading activities, which had exploded during the height of the pandemic. The move comes after the company announced quarterly revenues of $318 million...

How tigers in India are being protected by AI-assisted rangers.

Creative Media NewsTuesday, 2 August 2022, 21:000

Akhilesh Mishra, an Indian veterinarian, has been treating animals at Pench National Park in the state of Madhya Pradesh for 22 years. He readily identifies the tiger as his favorite animal. “They are incredibly stunning and lovely. I only need to touch their delicate skin to feel at ease “He claims. “! When I cure...

House prices have risen for twelve consecutive months.

Creative Media NewsTuesday, 2 August 2022, 19:000

Some estate professionals warn that buyer interest is beginning to fade, and that home seller will eventually need to change their pricing expectations. According to fresh data, the annual house price rise in the United Kingdom advanced to 11 percent in July, up from 10.7 percent in June. According to the Nationwide Building Society, house...

BP reports enormous profits while energy costs soar.

Creative Media NewsTuesday, 2 August 2022, 13:000

After oil and gas prices skyrocketed, BP announced enormous earnings for the three months to June. The energy giant’s underlying profits reached $8.45bn (£6.9bn), which is more than three times as much as it earned during the same period the previous year. Profits during the first half of the year total $14.6bn, the second-highest amount...

Bank of England abandons mortgage affordability test.

Creative Media NewsMonday, 1 August 2022, 19:000

As a result of the Bank of England’s elimination of an affordability test, restrictions on mortgage borrowing have been relaxed. The “stress test” required lenders to determine whether potential borrowers could manage if interest rates rose by up to 3 percentage points. Eliminating the requirement may make it easier for some potential borrowers to obtain...

HSBC opposes proposals to sell off its Asian business.

Creative Media NewsMonday, 1 August 2022, 16:000

Two-thirds of HSBC’s revenues are generated in Asia, while the bank’s headquarters are in the United Kingdom. Some major investors in Asia believe they would do better if the bank’s Asian operation was separated. HSBC has resisted requests for a spin-off or demerger of its Asian operations. Ping An Insurance Group Co., China, a major...

Your guide to buying shares, identifying ideas, and evaluating firms.

Creative Media NewsMonday, 1 August 2022, 1:000

Why do individuals invest directly in stocks as opposed to allowing a fund manager to do the work? For some, it’s because they believe they can outperform the market and the manager; for others, it’s the allure of having direct ownership in a firm; and for many, it’s simply because they find it interesting. Regardless...

A farm fire caused me to lose £40,000 in crops.

Creative Media NewsSunday, 31 July 2022, 15:000

People are warned to take additional precautions to prevent starting fires in the countryside during hot weather, as some farmers have reported losing crops worth thousands of pounds. The National Farmers’ Union (NFU) said fires were one of the biggest risks faced by farmers during heatwaves. One farmer told that he lost crops worth approximately £40,000...

Britons struggle to afford expenses when their pets pass away as bills increase.

Creative Media NewsSunday, 31 July 2022, 1:000

Many people lack economical solutions for their favorite animals due to rising prices. The cost of living issue has not only increased the number of individuals having to pay for veterinary care, pet food, and pet daycare. It has also placed many pet owners in a sad and expensive predicament when their beloved companion passes...

As the economic crisis worsens, Britons are borrowing more and conserving less.

Creative Media NewsSaturday, 30 July 2022, 20:000

According to fresh data from the Bank of England, credit card borrowing climbed at the quickest annual rate since 2005 for the month of December. According to analysts, these numbers are “only the tip of the iceberg” because wealthy households are increasingly dipping into their savings while impoverished households are increasingly relying on loans. Simultaneously,...

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