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Business news
European growth forecast raised to 1.1% after winter recession avoid...
May 15, 2023 09:12 AM AEST | By PAMEDIAEurope 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 plans
May 15, 2023 06:47 AM AEST | By PAMEDIAUS 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 PAMEDIAThe 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 PAMEDIATensions 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 PAMEDIAThe impasse over spending risks leaving the US government unable to pay for teachers and medical care for veterans.
Construction begins on ‘carbon neutral’ Sutherland Spaceport
May 04, 2023 03:46 PM AEST | By PAMEDIASutherland Spaceport will be home to the rocket company Orbex.
European Central Bank announces quarter-point rise in interest rates
May 04, 2023 12:32 PM AEST | By PAMEDIAThe 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 PAMEDIAEIS-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 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.
Rex International Says Lime Petroleum AS Engaged ABG Sundal Collier...
April 18, 2023 12:55 AM AEST | By ReutersApril 17 (Reuters) - Rex International Holding Ltd : * LIME PETROLEUM AS ENGAGED ABG SUNDAL COLLIER ASA TO CARRY OUT TAP ISSUE OF UP TO US$4.8 MILLION...
Legion Consortium Says Lee Yu Juan Appointed As CFO
April 18, 2023 12:54 AM AEST | By ReutersApril 17 (Reuters) - Legion Consortium Ltd: * LEE YU JUAN APPOINTED AS CHIEF FINANCIAL OFFICER Further company coverage:
Fitch Says Large Nordic Insurers To Maintain Strong Credit Profiles...
April 18, 2023 12:45 AM AEST | By ReutersApril 17 (Reuters) - Fitch: * FITCH SAYS LARGE NORDIC INSURERS TO MAINTAIN STRONG CREDIT PROFILES AMID ECONOMIC HEADWINDS * FITCH SAYS FAVOURABLE OPER...
Swiss government awards $9.7 million contract related to Credit Suis...
April 18, 2023 12:43 AM AEST | By ReutersBy Oliver Hirt ZURICH (Reuters) - The Swiss government has awarded an advisory mandate worth up to 8.7 million Swiss francs ($9.70 million) to Alvarez...
Swiss government awards $9.7 mln contract related to Credit Suisse -...
April 18, 2023 12:36 AM AEST | By ReutersBy Oliver Hirt ZURICH, April 17 (Reuters) - The Swiss government has awarded an advisory mandate worth up to 8.7 million Swiss francs ($9.70 million)...
US SEC charges Bittrex with operating an unregistered securities exc...
April 18, 2023 12:32 AM AEST | By Reuters(Reuters) - The U.S. Securities and Exchange Commission charged cryptocurrency exchange Bittrex Inc and its former CEO with operating an unregistered...
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