Financial HSBC is considering entering the business of arranging CLOs admin Oct 11, 2023 HSBC has been considering entering Europe's $300 Billion collateralized loan obligations market as an arranger.…
Technology Amazon Prime Day Deals Launch With Shoppers in the ‘Driver’s… admin Oct 11, 2023 Amazon.com Inc. launched its fall sale on Tuesday for Prime members. Price-conscious shoppers opted to buy low-cost…
Economy ONS: UK wages are not an unusually large driver of inflation admin Oct 11, 2023 According to new research by the Office for National Statistics, rising salaries do not contribute to UK inflation…
Retail Pepsi is’studying closely the impact’ of weight loss injections on… admin Oct 11, 2023 Walmart, the US-based giant, claimed that users of weight loss drugs were buying less food. Pepsi's and Walkers…
Retail Selfridges reports a £40m loss in spite of sales growth as finance costs weigh admin Oct 11, 2023 Selfridges, despite an increase in sales and a rise in interest costs on debts, lost nearly £40m in the last year.…
Banking Bank of England doubles liquidity requirements for Money Market Funds admin Oct 11, 2023 The Bank of England is pushing for money market funds to be able to hold twice as much easily-sellable assets. This…
Retail LVMH’s growth is impacted by lower sales of handbags and spirits admin Oct 11, 2023 LVMH's sales growth slowed down in the third-quarter as handbag demand moderated, and spirits declined after years…
Crypto currency Binance’s UK Marketing Campaign Stopped by Regulator admin Oct 11, 2023 Binance has been blocked from marketing itself to British customers by UK regulators as part of the latest…
Energy Finland investigates possible sabotage of Baltic Gas Pipeline admin Oct 11, 2023 Helsinki is looking into whether sabotage was responsible for a gas leak from a Baltic Sea pipeline and the…
Banking Ireland becomes the latest EU country that raises bank levy admin Oct 11, 2023 Ireland is the latest European nation to increase taxes on banks, targeting the higher profits that lenders made…
Manufacturing Taiwanese suppliers of semiconductors target Europe’s Next-Generation… admin Oct 11, 2023 As the construction of Europe's first advanced chip factories in decades changes the supply chain, suppliers to…
Economy BOE’s Catherine Mann calls for an ‘aggressive’ policy to combat… admin Oct 10, 2023 Catherine Mann, a Bank of England policymaker, has expressed concern that the prolonged period of inflation above…
Energy How Poland wants to rob Germany of its crown as Europe’s industrial… admin Oct 10, 2023 As the G7 powerhouse is losing steam, its eastern neighbor is growing stronger. Germany is still…
Inflation Oil prices are surging, causing a ‘third wave’ of inflation. admin Oct 10, 2023 Economists warn that a third wave of inflation could be on the way after oil price spiked in response to…
Drug research GSK signs £2.5bn deal with China Zhifei for shingles vaccine admin Oct 10, 2023 GSK signed a contract with Zhifei - China's biggest vaccine company by revenue - to double the global sales of…
Financial Croda cuts its profit forecast as sales stagnate admin Oct 10, 2023 Croda warned that it will earn up to £100 Million less than the revised guidance given in June. Croda warned…
Economy Caprice Holdings, the owner of Ivy Restaurant, returns to profit admin Oct 10, 2023 Scott's, the owner of the upscale London restaurant, and Sexy Fish have returned to profit for the very first time…
Oil and Gas Opec says that a halt to investment in oil would lead to chaos because of the… admin Oct 10, 2023 The Opec cartel has increased its forecast of global oil demand in coming decades and claimed that stopping…