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.
Full Article
Looking for Remote Work? Survey Says Remote Jobs Are Declining
According to recent studies, the number of remote workers in the U.S. has decreased, with onsite and hybrid workers increasing. A survey by LinkedIn found that job postings for remote positions have also declined, especially in white-collar sectors, amid a stagnant job market. Despite a low hiring rate, Americans are facing challenges in finding better job opportunities, with many feeling stuck or falling behind in their current roles. The U.S. labor market is described as...
Read more