June 22, 2025
Intangible Assets

Roots reports fourth-quarter loss as retailer takes large non-cash impairment charge

Roots Corp. ROOT-T reported a loss of $21.7-million in its fourth quarter as it took a large non-cash impairment charge. The retailer says the loss amounted to 54 cents per share for the quarter ended Feb. 1 as it recorded a $50-million impairment charge on intangible assets. The result compared with a profit of $14.6-million

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Fixed Assets

Penny Mordaunt claimed taxpayers’ cash to have shoe rack removed from her office

Records show the former Paymaster General claimed £642 for a sprinter van and driver to collect “19x boxes, plus a shoe rack” from her Commons office 19:19, 05 Apr 2025Updated 19:20, 05 Apr 2025 Ms Mordaunt was ousted from her seat last July(Image: NurPhoto via Getty Images) Penny Mordaunt claimed taxpayers’ money to have her

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Financial Assets

NS&I may boost Premium Bonds rates to meet Labour Government target

The prize fund rate for Premium Bonds has been cut again 10:52, 05 Apr 2025Updated 10:52, 05 Apr 2025 The prize fund rate for Premium Bonds could increase(Image: Getty) Premium Bonds savers who have been disappointed by the prize fund rate dropping again this month may see a change in their fortunes. NS&I reduced the

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Gold Investing

Gold declines as Trump tariff shock sparks selloff from record

Gold moved further away from its latest record high, swept up in the pessimistic mood that hit global markets in the wake of US President Donald Trump’s more-aggressive-than-expected tariff agenda.  The precious metal initially surged to a fresh all-time high of $3,167.84 an ounce on Thursday following Trump’s “reciprocal” tariff announcements, which placed baseline import

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Tangible Assets

Donald Trump unveils bizarre new ‘gold card’ with his face that will cost you $5million

The US President showed off his new visa on Air Force One. The $5 million card features his face, his name and the huge price tag splashed over. Trump also bizarrely claimed he was the first person to buy the residency permit 10:10, 04 Apr 2025Updated 10:18, 04 Apr 2025 The President held up his

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Operating Assets

Reindustrialisation prioritised over short-term profitability, says research

‘Friendshoring’ set to become the new normal – and it’s more sustainable Image: Businesses are looking to bring manufacturing closer to home according to Capgemini Research from Capgemini reveals that large organisations across the US and Europe are reconfiguring global supply chains in a bid to get ahead of supply chain vulnerabilities and geopolitical risks.

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Fixed Assets

Bond manager Pimco looks abroad as U.S. exceptionalism fades

U.S. bond firm PIMCO said on Tuesday that waning business and consumer confidence under President Donald Trump’s policies is eroding the edge U.S. capital markets held over the rest of the world, strengthening the case for investors to diversify globally. Trump is set to unveil “reciprocal tariffs,” aligning U.S. duties with those of other nations

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Financial Assets

Charts reveal how Trump gutted federal student loan office

More than 600 positions have been eliminated from the Federal Student Aid office, internal documents show. Now, in many places, “no one is identifying schools that are failing financially.” WASHINGTON – President Donald Trump has made it a top priority to dismantle and reorganize the federal Education Department. Simultaneously, he has promised time and again

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Intangible Assets

Zimbabwe: Winky D’s Hard Hitting Songs Ibotso, Copyrights Being Studied At UZ

ZIMDANCEHALL artiste Winky D’s two hard hitting songs Ibotso and Copyrights off his 2023 and 2015 albums respectively, are being studied at the University of Zimbabwe’s (UZ) Law Department, NewZimbabwe has learnt. Both songs, sent shockwaves in ruling Zanu PF circles when they were released, Ibotso being blacklisted on state controlled radio and television stations.

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Tangible Assets

Keir Starmer tells councils to fix potholes or face losing road cash

Keir Starmer said: ‘British people are bored of seeing their politicians aimlessly pointing at potholes with no real plan to fix them. That ends with us’ Transport Secretary Heidi Alexander says: ‘After years of neglect we’re tackling the pothole plague’(Image: Getty Images) Keir Starmer has warned councils they must show progress on fixing potholes –

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