Browsing: Business Briefing

THE ECONOMIST says for the first time since Vladimir Putin invaded Ukraine on February 24th 2022, he looks as if he could win.

FT says EU leaders risk leaving Ukraine empty-handed at a perilous moment in its war against Russia as divisions over finances threaten a €50bn lifeline.

CITY AM SAYS Soaring rents in London pose a “threat” to the capital’s competitiveness, a number of top business groups have warned, amid fears that young professionals are increasingly being priced out of the capital.

A funding boost could spell a boom time for British EV car manufacturing.

The Financial Times says investors are piling into risky assets amid a growing belief that the Federal Reserve and other central banks are close to winning their long-running battle with inflation.

Some people on benefits are now eligible for a £25 payment to help stay warm.

The Financial Times splashes on allegations made by US federal prosecutors that an Indian government official orchestrated a plot to kill a Sikh separatist activist in New York.

Women’s sport to make £1bn in revenue for the first time in 2024, says report Finance experts Deloitte predict that global revenue generated by elite…

The Financial Times leads on the news that Barclays is considering dropping thousands of clients at its investment bank as part of an overhaul aimed at boosting profits.

The Financial Times leads on reports that Turkey’s continued exports to Russia of vital war goods have caused tensions to flare between Ankara and several of its NATO allies.

Reuters exclusively reported that Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum
The post Amazon to win unconditional EU nod for iRobot deal  appeared first on Reuters News Agency.

Reuters was first to report that Nvidia (NVDA.O) has told customers in China it is delaying the launch of a new artificial
The post Nvidia delays launch of new China-focused AI chip appeared first on Reuters News Agency.

RUBBER group Sri Trang Agro-Industry on Monday (Nov 27) reported a net loss of 410.2 million baht (S$15.6 million) for the third fiscal quarter ended September.

CHINESE food processing company China Kangda Food Company on Monday (Nov 27) announced that it is unable to contact its chairman and chief executive Fang Yu.

SEMBCORP Industries on Monday (Nov 27) said it has inked two separate agreements to acquire wind assets in China and India for a total consideration of S$200 million.

CITY AM SAYS Some of the world’s biggest businesses have committed to invest a total of nearly £30bn in Britain.

The agreement at the conference of the parties (cop) to the UN Framework Convention on Climate Change, which took place in Paris in 2015, was somewhat impotent.

The Financial Times splashes on comments from Qatar saying that Hamas must find dozens of hostages if they hope to extend the truce with Israel.

Don’t let energy costs dampen your festive spirit.

Sunak welcomes foreign firms’ £29.5bn ‘vote of confidence’ Prime Minister Rishi Sunak is set to host a group of leading business figures on Monday to…

GOLD prices rose on Monday well above a key US$2,000 level, supported by a weaker US dollar and on bets that the US Federal Reserve is done with its interest rate hike cycle.

OIL prices were little changed on Monday, with Brent holding above US$80 a barrel, as investors awaited the Opec+ meeting later this week for an agreement to curb supplies into 2024.

A CLIMATE change protest off Australia’s east coast disrupted operations at the country’s biggest coal export port on Saturday (Nov 25), the port operator said.

Cheap Black Friday Railcards – and other genuinely useful deals The Telegraph says Black Friday has well and truly become part of Britain’s retail calendar,…

CITY AM SAYS As the dust settles on Jeremy Hunt’s Autumn Statement, it has become increasingly clear that the Chancellor has taken a big bet.