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NewsHerman Copeland

How Local Banks Make a Big Difference in Small Businesses

Local banks offer personalized and flexible services One of the advantages of banking with a small and local bank is that they offer personalized and flexible services to their customers, especially small businesses. Unlike large regional or national banks, local banks have a deeper understanding of the local market, the needs and challenges of the small businesses, and the opportunities for growth and development. Local banks can tailor their products…

China’s major banks offer relief to homebuyers amid property slump

Interest rates cut for existing first-home mortgages Three of China’s major state banks announced on Thursday that they will lower interest rates on existing mortgages for first-home loans. The move is one of several support measures flagged by Beijing in recent weeks for the country’s crisis-ridden property sector amid mounting concerns over the health of the world’s second-largest economy. Interest rates on existing first-home loans will be cut to the…

Speedcast Appoints New CTO to Enhance Its Hybrid Connectivity Platform

Speedcast, a leading provider of multi-path connectivity solutions for global customers, has announced the appointment of James Feger as its new Chief Technology Officer (CTO). Feger will be responsible for driving further advancements to the company’s hybrid connectivity platform, which integrates legacy satellite networks with new low Earth orbit (LEO) constellations and terrestrial networks. Feger’s Background and Expertise Feger has more than 20 years of management experience in network design,…

How smart devices are collecting and sharing your personal data

Smart devices such as speakers, cameras, TVs and washing machines are becoming increasingly popular in many households. However, these devices may also pose a threat to your privacy, as they can collect and share your personal data with third-party companies without your consent. What data do smart devices collect? Smart devices are designed to make your life easier and more convenient, but they also require you to provide a lot…

How Your Car Knows More About You Than Big Tech

Cars are collecting and selling your personal data If you own a car, you might be surprised to learn that it is collecting and storing a lot of personal information about you. A report from Mozilla, the nonprofit that develops the Firefox browser, reveals how the policies of more than two dozen car manufacturers allow for the collection, storage and sale of a wide range of sensitive information about auto…

Anduril acquires Blue Force Technologies to boost its autonomous aircraft capabilities

Defense technology startup Anduril Industries, founded by entrepreneur Palmer Luckey, announced on Thursday that it has acquired Blue Force Technologies, a company that designs and manufactures composite aircraft and components. The deal, whose terms were not disclosed, is aimed at strengthening Anduril’s autonomous fleet and software capabilities, as the company seeks to become a prime defense contractor. Anduril’s vision for the future of defense Anduril, founded in 2017, develops and…

UK House Prices Suffer Biggest Annual Drop in Over a Decade

The UK housing market is facing a sharp slowdown as high interest rates dampen buyer demand and push down property prices. Halifax Reports 4.6% Annual Fall in House Prices According to the latest data from Halifax, the UK’s largest mortgage lender, the average house price fell by 4.6% in the year to August, the biggest annual decline since 2009. The average house price dropped to £279,569, down by around £14,000…

SA business activity shows signs of recovery in August

South Africa’s private sector activity grew for the first time in six months in August, according to a survey released on Monday. The S&P Global South Africa Purchasing Managers’ Index (PMI) rose to 51.0 in August from 48.2 in July, indicating an expansion in business activity. The survey attributed the improvement to increased demand and output, as well as a slower rise in input costs. Improved demand and output The…

Tharman Shanmugaratnam elected as Singapore’s next President in a landslide victory

A historic win for Tharman Tharman Shanmugaratnam, the former Deputy Prime Minister and Finance Minister of Singapore, has been elected as the country’s next President in a landslide victory. He received 82.3 per cent of the valid votes cast, the highest ever in Singapore’s history of presidential elections. Tharman, who is of Indian and Ceylonese Tamil descent, is also the first non-Chinese president since Yusof Ishak, who served from 1965…

LoveShackFancy Marks Its 10th Anniversary With A Debut Fragrance Collection

LoveShackFancy, the brand known for its whimsical and romantic dresses, is celebrating its 10th anniversary by launching its first fragrance collection. The brand, which has a loyal following of celebrities and influencers, has created three floral scents that capture the essence of its feminine and bohemian aesthetic. A Natural Extension Of The Brand The founder and creative director of LoveShackFancy, Rebecca Hessel Cohen, said that fragrance was a natural extension…