Service business

Starling Expands Banking-as-a-Service Business to Continental Europe

Starling will expand its banking as a service (BaaS) business to continental Europe. Starling’s expansion is the latest case of a financial services company entering the BaaS market. Insider Intelligence publishes hundreds of banking industry research reports, charts and forecasts. Learn more about becoming a customer. Starling will expand its bank as a service (BaaS) […]

Service business

Offshore wind: Siemens Gamesa’s services business

September 27, 2021 Credit: Siemens Gamesa Offshore wind turbine manufacturer Siemens Gamesa has secured an extension to the duration of the original contract to service the 714 MW East Anglia ONE wind farm in the UK. Siemens Gamesa said the contract, one of the largest in the history of Siemens Gamesa’s services business unit, has […]

Service charge

Service fees vs administrative fees

The Massachusetts Supreme Judicial Court ruled that a country club’s administrative fees that were referred to as “service charges” in certain documents should be paid to its employees accordingly. This should serve as a warning to Massachusetts employers to be cautious about how they refer to services. This case revolves around a specific law of […]

Service concept

A UNIQUE SERVICE CONCEPT – Punekar News

Mumbai, September 13, 2021 – ŠKODA AUTO India has announced a unique initiative – the “ŠKODA COMPACT Workshops”, which aims to improve the customer service experience. Thanks to this, the brand will open 30 new compact workshops across the country by the end of this year. The concept of compact workshops aims to expand the […]

Service sector

If service sector employers ever want to see their workers back, they need to do more than raise wages. They will have to help people move forward.

A Starbucks barista fills an order at a South Philadelphia store, before more than 8,000 branches nationwide close this afternoon for anti-bias training, in Philadelphia, Pennsylvania Mark Makela/Reuters The hospitality industry is struggling to fill vacancies. The sector can attract new talent by investing in education and training. Upskilling employees will also better prepare workers […]

Service charge

Reduction of service fees for uncertain microfinance institutions

ISMAIL HOSSAIN | Posted: Sept. 11, 2021, 9:07 a.m. | Update: Sept. 20, 2021, 11:20 a.m. A government decision to reduce service fees for microcredit operations remains in limbo, especially over the sector’s non-cooperation. Seven months ago, the regulator began cutting the current interest rate or service charge by 24 percent, imposed by microfinance institutions […]

Service charge

Service charges or administrative charges? A distinction with a difference, according to the Supreme Judicial Court of Massachusetts | Jackson Lewis CP

Although it may have intended to treat the fee charged to the customer as an administrative overhead separate from tips paid to its employees, a country club’s reference to the amount as a “service charge” in some documents necessarily required that the amount withheld be paid to the employees, the Massachusetts Supreme Court recently ruled. […]

Service charge

Service charges or administrative charges? A distinction with a difference, according to the Supreme Court of Massachusetts

Although it may have intended to treat the fee charged to the customer as an administrative overhead separate from tips paid to its employees, a country club’s reference to the amount as a “service charge” in some documents necessarily required that the amount withheld be paid to the employees, the Massachusetts Supreme Court recently ruled. […]

Service sector

Sector focus: service sector | CCR

The latest insights from the CBI Economics Industry Trends Survey. Sep 06, 2021, 3 min read Services sector split on outlook Optimism among companies in the services sector was mixed in the three months to August, according to the CBI’s latest quarterly services sector survey. While sentiment about the general business situation continued to improve […]

Service charge

Staff accuse burger chain Byron of changing service charges | Hotel industry

Burger chain Byron has been accused of creating a “hostile environment” between managers and waiters who fear their tips are about to be diverted to raise the salaries of kitchen workers and restaurant managers. Byron distributes the 10% service charge he applies to bills between the waiters, who receive 70%, and the kitchen workers, who […]

Service sector

COVID pandemic spurs rise of automation to fill service sector jobs – CBS San Francisco

LOS ANGELES (CBS/AP) – Ask for a roast beef sandwich at an Arby’s drive-thru in east Los Angeles and you might speak to Tori – an artificially intelligent voice assistant who will take your order and l will send to line cooks. “That doesn’t call for sick,” says Amir Siddiqi, whose family installed the voice […]

Service charge

Tier 1 Retailer Invoices: FBR Specifies Re1 Service Fee Usage

ISLAMABAD: The Federal Board of Revenue (FBR) will use a nominal service charge – @ Re1 per invoice to promote the integration of all Tier 1 retailers, launch an advertising campaign and fund a special pricing program for all customers. The FBR announced that the nominal service charge @Re1 per invoice, however named, would be […]

Service charge

Nepra Approves Transmission Service Charges

Islamabad: National Electric Power Regulatory Authority (Nepra) has approved Transmission Service Charge (TSC) of Rs 0.1584/kWh (O&M component including National Transmission and Despatch Company Ltd – NTDC – local component and utility component) insurance of HVDC Matiari – Lahore Transmission Line) from March 18, 2021 to June 05, 2021 for 800 MW and from June […]

Service sector

Services sector grew fastest in August, after 18 months

India’s crucial service sectors are making a comeback in August, with business accelerating the fastest in the past 18 months. It comes after the pandemic appears to be subsiding, vaccination is ramping up and restrictions are lifted across the country, a survey reports. India’s services business activity index stood above 50 in August for the […]

Service sector

UK service sector growth is slowing due to staff shortages and supply chain disruptions

Hiring of staff has reached its highest level since the start of the survey in July 1996, as companies seek to replenish their workforces in response to rising sales. Photo: Dominic Lipinski/PA Images via Getty Images The UK services sector grew at its slowest pace since March last month, hit by staff shortages and supply […]

Service sector

US job creation plummets and UK service sector slows as Delta Variant hits growth – as it happened | Business

US President Joe Biden delivers remarks on the August jobs report in the State Dining Room of the White House in Washington, DC. Photograph: Jim Watson/AFP/Getty Images President Joe Biden has now spoken about today’s jobs report and insisted the economy is strong enough to withstand the pandemic. Despite the impact of the Delta Variant, […]

Service sector

Growth slows in services sector as post-lockdown boom wanes

The UK services sector grew much slower than expected in August and at its slowest pace since March as demand returned closer to normal after a post-lockdown boom. Yet companies also said they were hiring at a rate not seen in at least the past quarter century. The IHS Markit CIPS UK Services PMI hit […]

Service concept

SWISS launches a new personalized service concept for the long-haul Business Class

As part of its “SWISS Taste of Switzerland” program on long-haul flights departing from Switzerland, SWISS will be offering Business and First Class passengers a selection of the best chefs of recent years at the start of September. At the same time, SWISS is introducing a new Business Class service concept for all its long-haul […]

Service sector

Japan’s services sector activity in August contracts at fastest pace since May 2020 – PMI

Pedestrians wearing protective masks amid the coronavirus disease (COVID-19) outbreak walk on a street in Tokyo, Japan, February 2, 2021. REUTERS/Kim Kyung-Hoon/File Photo Join now for FREE unlimited access to Reuters.com Register TOKYO, Sept 3 (Reuters) – Japan’s service sector activity contracted at the fastest pace in more than a year in August as a […]