Business news
European Central Bank set to raise interest rates after inflation ed...
May 02, 2023 09:33 AM AEST | By PAMEDIAThe inflation rate in the eurozone rose to 7% in April.
Europe’s economy barely grows as inflation pinches consumers
April 28, 2023 10:45 AM AEST | By PAMEDIAThe 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 PAMEDIAHSBC 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 losses
April 21, 2023 01:24 PM AEST | By PAMEDIAThe 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 PAMEDIAThe 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 accounts
April 19, 2023 10:35 AM AEST | By PAMEDIAUS senators said some accounts linked to Nazi Germany were open until just a few years ago.
Not-for-profit lettings agency will help ease ‘chronic lack’ of affo...
April 17, 2023 01:21 PM AEST | By PAMEDIALloyds Banking Group said fundraising will support Crisis to develop and launch a new not-for-profit lettings agency.
Airbus and Air France acquitted of manslaughter charges over 2009 pl...
April 17, 2023 12:14 PM AEST | By PAMEDIAThe crash of Flight 447 from Rio to Paris killed 228 people and led to lasting changes in aircraft safety measures.
Wood Group to ‘engage’ with private equity suitor over £1.7bn propos...
April 17, 2023 08:20 AM AEST | By PAMEDIAApollo Management made a fifth takeover approach for Wood Group earlier this month worth 240p a share in cash.
Industrial action helped workers secure extra £2bn in pay, figures s...
April 16, 2023 04:14 PM AEST | By PAMEDIAThe STUC released data covering workers in health, education, local government, the fire service, transport, and telecoms.
Head of Slovakia’s central bank convicted of bribery
April 13, 2023 03:41 PM AEST | 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 12, 2023 12:28 PM AEST | By PAMEDIAIt brings the total of Barclays branches closing this year to 73.
Barclays closing another 15 bank branches
April 12, 2023 12:12 PM AEST | By PAMEDIAThe high street brand has plans to shut 73 locations in total this year.
Barclays names 15 more branches to close
April 12, 2023 12:12 PM AEST | By PAMEDIAThe high street brand has plans to shut 73 locations in total this year.
Pakistanis living abroad sent £2 billion home in March
April 10, 2023 09:37 AM AEST | By PAMEDIAThe response to the government’s appeal for more hard currency remittances offers some hope for improving the ailing economy, officials said.
Global economic growth set to fall below 3% this year, IMF chief war...
April 06, 2023 02:29 PM AEST | By PAMEDIAKristalina Georgieva warned poverty and hunger could increase further during 2023.
Regulator defends rescue of Credit Suisse via UBS takeover as ‘best...
April 05, 2023 08:39 AM AEST | 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 05, 2023 08:39 AM AEST | 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 04, 2023 11:19 AM AEST | 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 03, 2023 08:50 AM AEST | By PAMEDIAPublic and Commercial Services Union members at the Passport Office are walking out for five weeks.
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