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Stay informed with the latest financial news, covering key market trends, economic indicators, and corporate developments that shape the global financial landscape.

Deliveroo Suffers Further Losses As Demand For Food Delivery Eases Back

Deliveroo Suffers Further Losses As Demand For Food Delivery Eases Back

Food delivery giant Deliveroo has posted widened pre-tax losses as the demand for takeaways eased back due to the ongoing cost-of-living crisis. In its half-year results, the group revealed a pre-tax loss of £147.3 million, compared with £95.4 million a year earlier. Adjusted EBITDA losses almost trebled year-on-year, from £25.8 […]

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Japan is preparing for digital currency, in line with China and others.

China Trials Digital Yuan

Japan is preparing to issue digital currency in both the public and private sectors following swift moves by China and other countries to do the same. Virtual money issued by central banks worldwide is called “central bank digital currency” or CBDC and is used for cashless payments via smartphones or […]

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