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UK guaranteed hours consultation raises questions for retail sector

The UK Government's Guaranteed Hours consultation is part of wider employment reforms aimed at reducing what it calls one-sided flexibility in the labour market.

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Mastercard adds stablecoins to payment settlement system

Mastercard is adding stablecoins to its settlement system, enabling banks and payment providers to settle transactions using blockchain-based assets instead of traditional currencies.

Zara owner Inditex Q1 sales rise 5.8% amid store optimisation push

Net profit climbed 5.4% to €1.37bn while net operating profit advanced 7% to €1.75bn.

Macy’s lifts full-year outlook after stronger Q1

Net income surged to $63m from $38m a year earlier.

GameStop posts higher first-quarter sales and earnings

Net income climbed to $389.6m from $44.8m, boosted in part by an unrealised gain on derivative asset of $268.4m, reflecting put and call option transactions linked to eBay common stock.

Estée Lauder open to deals after Puig talks collapse over price – report

Chief executive Stéphane de La Faverie said the companies could not agree on financial terms.