Shein’s potential IPO in London faces concerns over forced labor allegations in its supply chains, with advocacy groups pushing the FCA to block the listing. Despite this, FCA chief executive Nikhil Rathi seems inclined to approve the IPO, citing the need for transparent disclosure of risks to investors. If approved, Shein’s listing could be the largest in London’s history, signaling a potential boost for the subdued IPO market, with a target valuation of £50.3 billion in the first quarter of 2025.
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Cisco has joined the quantum computing race
Cisco Systems Unveils New Quantum Computing ChipCisco Systems (CSCO) has announced the launch of a new quantum computing chip, joining the ranks of tech giants like Google, IBM, and Microsoft, who have made similar announcements in recent months. This development indicates a rapidly decreasing timeline for the scalability of quantum technology and its application in real-world scenarios. As these innovations continue to emerge, the potential for practical uses in various industries is becoming increasingly tangible....
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