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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.
Auto File: Tesla, Shanghai and Ferrari Funds
April 18, 2023 01:00 AM AEST | By ReutersJoe White Global Autos Correspondent Greetings from the Motor City! Buckle up! We’ve got plenty of ground to cover this morning with news from the Sha...
Rejlers Announces Final Outcome In The Recommended Public Offer
April 18, 2023 12:56 AM AEST | By ReutersApril 17 (Reuters) - Rejlers AB (publ): * REJLERS SVERIGE AB ANNOUNCES THE FINAL OUTCOME IN THE RECOMMENDED PUBLIC OFFER TO THE SHAREHOLDERS OF EUROCO...
Kindred To Launch Proprietary Platform In New Jersey
April 18, 2023 12:56 AM AEST | By ReutersApril 17 (Reuters) - Kindred Group PLC: * KINDRED SET TO LAUNCH PROPRIETARY PLATFORM IN NEW JERSEY * RECEIVED FINAL APPROVAL FOR ITS PROPRIETARY PLATF...
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...
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