Sep 04 2021

News I Financial Reporting Council

European shares fell on Monday after weaker-than-expected growth data from China hit luxury stocks, whereas a relentless surge in commodity prices fuelled worries about inflation spiralling uncontrolled. Fashion rental firm Rent the Runway Inc. is seeking to promote greater than 17 million shares at $21 apiece, based on an amended initial public offering submitting late Monday. The Brooklyn, N.Y.-based firm filed for its IPO earlier this month.

On the 1 July 2021, the Chancellor set out in a speech at Mansion House the following steps the government is taking to ship the government’s vision for the way forward for financial providers in the UK. In South Asia, the share of adults with an account rose by 23 percentage factors, to 70 percent. Progress was pushed by India, the place a authorities policy to extend financial inclusion by way of biometric identification pushed the share with an account up to 80 percent, with big gains amongst girls and poorer adults. Excluding India, regional account ownership still rose by 12 share points—but males typically benefited more than girls. In Bangladesh, the share with an account rose by 10 percentage factors amongst girls whereas practically doubling among males. Regionwide, digitizing payments for agricultural …

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