Author: Jordan

Starting June 1, the Madrid Metro will introduce direct bank card payment at turnstiles, a system that will allow access to the metro without the need to purchase a transit card in advance. The measure aims to speed up passenger flow and reduce wait times on the network used daily by over 2.5 million riders. The new system was presented at the Feria de Madrid station on Line 8, one of the locations where the equipment was tested. According to the Community of Madrid, direct card payment will be available starting June 1 and will work with credit or debit…

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: The North Face and Timberland posted more robust topline results for parent VF Corp. on Wednesday, but slivers of growth in Vans’ U.S. and Americas business got most of the attention. In Q4, The North Face revenue rose 12% year over year, Timberland rose 8% and Vans dropped 1% – but Vans rose 5% in the Americas. Overall company revenue rose 1% to $2.2 billion. For the year, The North Face and Timberland each grew 8%, and Vans fell 9%.…

ModaMortgages has added a limited edition five-year fixed rate buy-to-let range to its product shelf, giving brokers new placement options across standard and specialist property types. The range covers single dwelling properties with rates from 5.14%, alongside HMO and multi-unit freehold block (MUFB) products for properties with up to six bedrooms or units, priced from 5.24%. Both tiers are available at 75% and 80% LTV, with a choice of fee structures and free valuations across the full range. For brokers working with limited company landlords, all products are accessible to both individual and corporate applicants, removing the need…

Even when a business is losing money, it’s possible for shareholders to make money if they buy a good business at the right price. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com? So, the natural question for Airengy Tech (TLV:ARNG) shareholders is whether they should be concerned by its rate of cash burn. For the purposes of this article, cash burn is the annual rate at which an unprofitable company…

Lodestar Minerals (ASX:LSR) is raising $4.7 million through a private placement to fund exploration across the company’s portfolio of assets. The company will issue 291 million shares at $0.015 each to raise $4.39 million, with Lodestar directors subscribing for $305,700 in this placement, subject to shareholder approval. One option will be issued for every one share applied for, amounting to a total of 291 million options to be issued in the placement. Oakley Capital Partners is acting as the lead manager in this placement. Funds will be deployed to copper exploration at the Three Saints and Los Loros projects in…

43% of us in the United States have at least one unused gift card in our wallets or stashed somewhere in our homes.  On my fridge right now, I’ve got 4…and one is for a place in Rochester, Minnesota that I’ll need to use up real fast.If you love Chester’s Kitchen & Bar, a note was just posted today on their Facebook page that you’ll want to check out.  It’s got a bit of really amazing local news inside, but also some info for those of us who love to hoard gift cards.READ MORE: Top 8 Restaurants in Rochester, MN…

DUNCAN – A proposal to establish a tax increment financing district near the intersection of Plato Road and U.S. Highway 81 has won first-round approval from the Duncan Planning Commission.The commission voted unanimously Thursday to recommend moving forward with the proposal, which will be submitted to the Duncan City Council for review.The council will host the first of two public hearings on the subject during Tuesday’s meeting, set for 5:15 p.m. in the council’s chambers. The second public hearing will take place June 9.City officials have proposed creating a TIF district on the property north and east of the intersection…

Hampshire Trust Bank (HTB) has introduced a dedicated relationship manager model to its specialist mortgage division to give brokers a single point of contact during a case. This will combine the responsibilities of lending managers and completion officers into one single role, creating ownership of each case from enquiry to completion and provide a more consistent approach to managing cases.  The bank said this change reflected the more structured nature of cases and the need to have clear oversight, clear accountability and timely decision-making across each stage.  Relationship managers will work directly with assigned business development managers (BDMs) to…

Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict ends tomorrow, according to Dr. Sultan Ahmed Al Jaber, UAE minister of industry and advanced technology, ADNOC managing director and group chief executive officer. Detailing the impact of the conflict on oil markets, Dr. Al Jaber noted that while ADNOC can ramp up its oil production in a matter of weeks, it will take four months for oil flows through the Strait of Hormuz to return to 80% of pre-conflict levels and full flows will…

Investment bank TD Cowen’s Washington research team managing director Jaret Seiberg released a report on Tuesday stating that the political environment surrounding the CLARITY Act is continuing to deteriorate, and the likelihood of this cryptocurrency market structure bill passing this year is decreasing. Seiberg pointed out that recent controversies involving President Trump make it difficult for Democrats to support the bill without a conflict of interest clause. Seiberg indicated that these events have increased pressure on Democrats to include a conflict of interest clause targeting the president, while also making Republicans reluctant to push legislation that could force them to…