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Tag: cash

China’s giant middle class is still growing and companies from Walmart to start-ups want to cash in

China’s giant middle class is still growing and companies from Walmart to start-ups want to cash in

Finance
Walmart has three Sam's Clubs in Beijing, including this one in Daxing District. The company plans to open five more in the capital city.Evelyn Cheng | CNBCBEIJING — Some are trying to create characters as memorable as Mickey Mouse. Others are launching lessons on how to cook steak. Still others know Chinese parents will pull out all stops for their kids.It's all a bet on the Chinese middle class, a consumer force McKinsey analysis predicts could reach 550 million in three years — that's more than one-and-a-half times the entire U.S. population today.American consumer giants and a slew of Chinese companies are now angling for a piece of the largest middle class market in the world.For Shanghai-based Pearl Studio, China's imminent rise as the world's largest movie market means the timing is
Consumers’ credit card spending ‘overtakes cash’

Consumers’ credit card spending ‘overtakes cash’

Business
Consumers spent more money on credit cards with UK retailers last year than they did in cash, a retailers' trade body has said.Debit cards were the most popular, but falling cash use pushed notes and coins down to third place, the British Retail Consortium (BRC) said.Cash accounted for just over £1 in every £5 spent with UK shops.The BRC argued that rising costs faced by retailers to process card payments could push up prices. The decline of cash in the UK - in charts Cash or no cash - where do you stand? Credit and charge cards accounted for £82bn, or 22%, of retail sales last year - outstripping cash (£78bn) for the first time, according to the BRC, which has been running its payments survey for 20 years. Spending on debit cards totalled £216bn.
Boris Johnson announces £1.8bn one-off cash boost for NHS hospitals

Boris Johnson announces £1.8bn one-off cash boost for NHS hospitals

Health
Prime Minister Boris Johnson has announced a one-off cash boost of £1.8bn for NHS hospitals in England.Of this, almost £1bn will be available immediately to go towards new equipment and upgrades to 20 hospitals.Writing in the Sunday Times, Mr Johnson said he was "determined to deliver" the promises of the Brexit referendum campaign and increase NHS spending.But Labour said it fell "significantly short" of the amount needed by the NHS and would not reverse years of cuts.The money is coming from the Treasury and is not a re-allocation of funds from the Department of Health.It is on top of an extra £20bn a year by 2023 announced by former prime minister Theresa May last year.Around £850m - spread over five years - will go towards funding the 20 hospital upgr

Need More Cash? Slash Your Spending on These 5 Things

Finance
[unable to retrieve full-text content]Increasing your income is one way to get more cash but it s usually a hard route to take It often involves working longer or harder which leaves you with less time to enjoy the extra cash you re earning But there s another option You can free up more cash by reducing the amount Latest Articles in
Grand Theft Auto’s Diamond Casino lets cash be turned into chips

Grand Theft Auto’s Diamond Casino lets cash be turned into chips

Technology
Grand Theft Auto V has opened an in-game casino where real money can be spent on gambling chips - but they cannot be converted back into cash.The new feature was launched as regulators grapple with whether in-game wagers should be treated as gambling.In GTA Online, players can buy in-game "dollars" with real currency, and then convert their virtual dollars to gambling chips.The game is rated for ages 18 and over, but remains popular among young teens.The in-game currency can be used to acquire cars, weapons, and cosmetic items - and used to play slot machines, roulette, or poker.Some players reported that while they could walk around the casino area, the gambling tables were blocked in their country where gambling is illegal.Game...