Business news

Industrial action helped workers secure extra £2bn in pay, figures s...
April 15, 2023 11:14 PM PDT | By PAMEDIAThe STUC released data covering workers in health, education, local government, the fire service, transport, and telecoms.

JPMorgan Chase profits jump 52% amid banking turmoil
April 13, 2023 07:23 PM PDT | By PAMEDIAMost of the profit growth came from higher interest rates.

Head of Slovakia’s central bank convicted of bribery
April 12, 2023 10:41 PM PDT | By PAMEDIAThe country’s Special Criminal Court handed National Bank of Slovakia governor Peter Kazimir a fine and a two-year suspended sentence.

List of 15 Barclays branches set to close
April 11, 2023 07:28 PM PDT | By PAMEDIAIt brings the total of Barclays branches closing this year to 73.

Barclays closing another 15 bank branches
April 11, 2023 07:12 PM PDT | By PAMEDIAThe high street brand has plans to shut 73 locations in total this year.

Barclays names 15 more branches to close
April 11, 2023 07:12 PM PDT | By PAMEDIAThe high street brand has plans to shut 73 locations in total this year.

Troubled Tupperware seeks financing to stay afloat
April 11, 2023 02:39 PM PDT | By PAMEDIAThe food storage containers company had experienced a resurgence during the pandemic.

Boeing sees plane deliveries jump as the 787 returns
April 10, 2023 10:36 PM PDT | By PAMEDIAThe US giant said it delivered 64 commercial airplanes in March, nearly matching January and February’s combined total.

Pakistanis living abroad sent £2 billion home in March
April 09, 2023 04:37 PM PDT | By PAMEDIAThe response to the government’s appeal for more hard currency remittances offers some hope for improving the ailing economy, officials said.

Tesla cuts prices on all models for third time this year
April 06, 2023 08:49 PM PDT | By PAMEDIAThe cuts that appeared on Friday on Tesla’s website included 5,000 dollars per vehicle for the more expensive models.

Global economic growth set to fall below 3% this year, IMF chief war...
April 05, 2023 09:29 PM PDT | By PAMEDIAKristalina Georgieva warned poverty and hunger could increase further during 2023.

Regulator defends rescue of Credit Suisse via UBS takeover as ‘best...
April 04, 2023 03:39 PM PDT | By PAMEDIAUrban Angehrn, chief executive of the Swiss Financial Market Supervisory Authority, or FINMA. defended the move.

UBS boss admits ‘huge’ risks in merging with Credit Suisse
April 04, 2023 03:39 PM PDT | By PAMEDIAHowever, Colm Kelleher voiced confidence that the Swiss bank will benefit from the government-engineered takeover.

Zoopla finds £14,000 average price reduction on homes sold at a disc...
April 03, 2023 06:19 PM PDT | By PAMEDIABuyers and sellers are ‘not miles apart’ on pricing, which is helping deals to be agreed, the website said.

Passport Office staff in Scotland ‘relying on food banks’ as strike...
April 02, 2023 03:50 PM PDT | By PAMEDIAPublic and Commercial Services Union members at the Passport Office are walking out for five weeks.

Oil producers announce surprise cuts in move which could force up pr...
April 02, 2023 01:03 AM PDT | By PAMEDIASaudi Arabia was joined by other major oil producers in cutting the number of barrels they produce each day.

Saudi Arabia risks angering US as it announces cut in oil production
April 01, 2023 10:25 PM PDT | By PAMEDIAThe move will likely raise oil prices, further straining relations between Riyadh and Washington.

Full list of NatWest, Lloyds, Halifax, Bank of Scotland and RBS bran...
March 30, 2023 04:20 PM PDT | By PAMEDIAMore bank branches are to close across the UK.

Huawei profit plummets amid sanctions but sales rise
March 30, 2023 03:59 PM PDT | By PAMEDIAThe tech giant said its annual revenue for 2022 reached 642.3 billion yuan (£75.55 billion), a 0.9% gain from the year before.

Harvey Norman spruiks Malaysia opportunity
November 23, 2022 04:16 PM PST | By AAPNEWS<p>Harvey Norman, which is holding its annual general meeting, says quarterly sales for its 28 Malaysian outlets have jumped by almost 40 per cent.</p...