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Tag: cash

‘Millions still need cash’: UK project aims to preserve use of physical currency | Business

Allison Taylor had a cash-only policy when she first opened the Pastiche gift shop on Ampthill’s high street 26 years ago, but the steady loss of ATMs and bank branches have made it harder to keep coins and notes flowing through the Bedfordshire town. “We had plenty of cashpoints, including across the road, and now …

‘Millions still need cash’: UK project aims to preserve use of physical currency | BusinessRead More

Sir Philip Green criticised for pursuing taxpayer cash to furlough staff

Some Arcadia staff had gone back to work after the reopening of 631 stores, while others remained furloughed // Arcadia owner Sir Philip Green has been criticised for taking millions of taxpayers’ cash to furlough staff // Arcadia furloughed 14,500 staff in April under Rishi Sunak’s coronavirus job retention scheme Sir Philip Green has reportedly …

Sir Philip Green criticised for pursuing taxpayer cash to furlough staffRead More

CashComplete to Demonstrate Unified Cash Management Process at EuroShop 2020

SUZOHAPP, a global market leader of software and hardware payment management solutions, will be exhibiting at EuroShop, the world’s largest retail trade fair from February 16-20 in Dusseldorf, Germany.  On display at booth #6A75 will be the market leading CashComplete™ line of payment management solutions.  At EuroShop, visitors will see firsthand how CashComplete™ solutions unify …

CashComplete to Demonstrate Unified Cash Management Process at EuroShop 2020Read More

New York City to require all stores to accept cash

The movement to ban cashless stores has gained an important new convert. The New York City Council approved legislation that prohibits stores, restaurants and other retail outlets from refusing to accept hard cash. The law is scheduled to go into effect nine months after it is signed by Mayor Bill de Blasio, who supports it.  …

New York City to require all stores to accept cashRead More

Corporate borrowing soars and cash flows deteriorate

Jiangsu Pilot Free Trade Zone Lianyungang Area on November 28, 2019 in Jiangsu Province of China. Wang Chun | VCG | Getty Images China’s fourth-quarter economic growth may have been “the weakest of 2019” — but it still showed an improvement compared to the previous quarter and to the same period a year ago, a …

Corporate borrowing soars and cash flows deteriorateRead More

Chilango ‘burrito bond’ investors could lose 90% of their cash | Money

Small investors who sank millions of pounds into a “burrito bond” scheme were this week told they could face losing 90% of their money – or 99% if the company goes into administration. The Guardian revealed on 14 November that UK-based Mexican restaurant chain Chilango was in talks about the future of the business. That …

Chilango ‘burrito bond’ investors could lose 90% of their cash | MoneyRead More

Nearly 20% of Japan households using e-money but cash still king, Retail News, ET Retail

TOKYO – Almost a fifth of Japanese households use electronic money for small purchases, a survey by a central bank-affilated research institute showed, up from a year ago and a sign the country’s cash-hoarding culture is changing. In the survey published on Monday and conducted between June and July, 18.5% of households said they use …

Nearly 20% of Japan households using e-money but cash still king, Retail News, ET RetailRead More

Shopping centre firm Intu considers cash call amid high street crisis | Business

Intu Properties, the company behind shopping centres such as Lakeside in Essex, has said a cash call could be on the cards after being engulfed by the high street crisis. The heavily indebted shopping centre operator said its like-for-like rental income had fallen by about 9% this year and would fall again next year owing …

Shopping centre firm Intu considers cash call amid high street crisis | BusinessRead More

Apple (AAPL) Q4 2019 has $205.9 billion cash, earnings indicate

Apple now has $205.9 billion cash on hand, according to the company’s fiscal fourth-quarter 2019 earnings report released on Wednesday. That’s 2.2% less than last quarter, when it reported a cash pile of $210.6. Apple continues to host one of the largest cash piles of any U.S. company. The company is spending heavily to expand …

Apple (AAPL) Q4 2019 has $205.9 billion cash, earnings indicateRead More