Fintech Klarna records loss as it expands into conventional lending
Swedish group has been diversifying away from its bread-and-butter model of deferred payment loans
Swedish group has been diversifying away from its bread-and-butter model of deferred payment loans
The blue and red boxes with white dots are immediately recognisable as containing Domino’s pizzas. The pizza chain is Australia’s largest and is run as a franchise, with the ASX-listed public company Domino’s Pizza Enterprises holding the Australian master franchise rights.
Industry analysts IBISWorld calculate Domino’s has 4.2% of the fast food and takeaway market in Australia.
Maybe the Matrix, maybe nothing, maybe pay us
Phonlamai Photo/ShutterstockThe global investment frenzy around AI has seen companies valued at trillions of dollars and eye-watering projections of how it will boost economic productivity.
Speaking at a gathering of McDonald’s franchise owners and operators, the president boasted that he had “normalized” inflation.
H.E. Group Ltd/ShutterstockThe growth in sales of electric vehicles is a positive step in the UK’s journey to net zero. They are cleaner, quieter and better for the environment.
Using a large survey of euro area consumers, we conduct an experiment in which respondents report how they would adjust their labor market participation, hours worked, and job search effort (if not employed) in response to randomly assigned windfall gain scenarios. Windfall gains reduce labor supply, but only when the gains are substantial. At the extensive margin, gains of €25,000 or less have no effects, while gains between €50,000 and €100,000 reduce the probability of working by 1.5 to 3.5 percentage points.
Using a large survey of euro area consumers, we conduct an experiment in which respondents report how they would adjust their labor market participation, hours worked, and job search effort (if not employed) in response to randomly assigned windfall gain scenarios. Windfall gains reduce labor supply, but only when the gains are substantial. At the extensive margin, gains of €25,000 or less have no effects, while gains between €50,000 and €100,000 reduce the probability of working by 1.5 to 3.5 percentage points.
Housebuilder revises guidance after ‘subdued market’ over the summer
The European Commission published on Monday the latest autumn forecasts, in which the outlook for Greece remains broadly unchanged, while the effects of the conclusion of the RRF are captured further into the forecast horizon.