Credit Suisse owes millions to Georgia’s ex-prime minister, court sa...May 26, 2023 03:22 PM AEST | By PAMEDIA
It is the latest scandal for the Swiss bank whose yearslong problems forced its takeover by a rival.
SSE announces plans to invest billions as operating profit risesMay 24, 2023 02:50 PM AEST | By PAMEDIA
The FTSE 100 firm’s operating profit climbed to £2.53 billion and it announced plans that could see it invest up to £40 billion over the next decade.
Fashion tycoon named richest person in Scotland for second year runn...May 19, 2023 06:00 AM AEST | By PAMEDIA
Billionaire Anders Holch Povlsen has been named as the richest man in Scotland for the second year running, the Sunday Times Rich List revealed.
Slender uptick for Scottish retail sales as inflation eats away at g...May 16, 2023 03:42 PM AEST | By PAMEDIA
In April, sales north of the border went up by just 0.3% last month once inflation was taken into account, the Scottish Retail Consortium said.
Ayrshire firm fined £75,000 in Scottish firstMay 16, 2023 12:15 PM AEST | By PAMEDIA
Gas leaked out of four water chillers, according to environmental body Sepa.
European growth forecast raised to 1.1% after winter recession avoid...May 15, 2023 09:12 AM AEST | By PAMEDIA
Europe had faced expectations of a winter energy catastrophe after Russia cut off most supplies of natural gas to the continent.
John Wood Group suitor drops £1.7bn takeover plansMay 15, 2023 06:47 AM AEST | By PAMEDIA
US firm Apollo Management said it would not be making an offer for Aberdeen-based Wood Group, just two days before the deal deadline.
G7 finance leaders vow to contain inflation as talks in Japan wrap u...May 13, 2023 04:58 AM AEST | By PAMEDIA
The finance leaders’ talks laid the groundwork for a summit of G7 leaders in Hiroshima next week.
G7 talks focus on ways to fortify banks as China accuses group of hy...May 12, 2023 09:08 AM AEST | By PAMEDIA
Tensions with China and Russia’s invasion of Ukraine loomed large over talks in Niigata.
Yellen warns US default would be ‘a catastrophe’ as G7 finance minis...May 11, 2023 07:01 AM AEST | By PAMEDIA
The impasse over spending risks leaving the US government unable to pay for teachers and medical care for veterans.
Construction begins on ‘carbon neutral’ Sutherland SpaceportMay 04, 2023 03:46 PM AEST | By PAMEDIA
Sutherland Spaceport will be home to the rocket company Orbex.
European Central Bank announces quarter-point rise in interest ratesMay 04, 2023 12:32 PM AEST | By PAMEDIA
The decision comes a day after the US Federal Reserve also approved a quarter-point increase.
Scottish college lecturers start boycott as part of industrial actio...May 02, 2023 01:58 PM AEST | By PAMEDIA
EIS-Fela members will not enter students’ marks into college systems as part a dispute over pay.
European Central Bank set to raise interest rates after inflation ed...May 02, 2023 09:33 AM AEST | By PAMEDIA
The inflation rate in the eurozone rose to 7% in April.
Coles sales up 6.5pct third quarter to $9.7bApril 28, 2023 10:51 AM AEST | By AAPNEWS
Increasing cost of living pressures on customers have not impacted Coles supermarket sales with results exceeding expectations.
Europe’s economy barely grows as inflation pinches consumersApril 28, 2023 10:45 AM AEST | By PAMEDIA
The 20 countries that use the euro currency picked up speed in the first quarter after zero growth in the last three months of 2022.
20% of people ‘less confident than six months ago about paying rent...April 23, 2023 01:45 AM AEST | By PAMEDIA
HSBC UK and housing charity Shelter have announced a new partnership to support the financial health of people and communities.
Credit Suisse investors sue after facing billions in lossesApril 21, 2023 01:24 PM AEST | By PAMEDIA
The investors are contesting an order by the Swiss Financial Market Supervisory Authority that wiped out billions in higher-risk bonds.
Nokia warns over economic situation as it reports lower profits than...April 20, 2023 09:50 AM AEST | By PAMEDIA
The wireless and fixed-network equipment maker reported net profit of 342 million euros (£300 million) for the January-March period.
Credit Suisse accused of hindering probe into Nazi-linked accountsApril 19, 2023 10:35 AM AEST | By PAMEDIA
US senators said some accounts linked to Nazi Germany were open until just a few years ago.