Economy Alert: Finance Ministers at IMF, World Bank Meetings on Bond Markets admin Oct 10, 2023 The International Monetary Fund's annual meeting and the World Bank's annual meeting this week may not have an…
Banking Metro Bank seals £925m rescue deal admin Oct 10, 2023 Metro Bank secured a funding deal worth £925 million last night. The deal will help the struggling lender, but it…
Automotive Rivian and Lucid Gain Momentum Amid UAW Strike, While Traditional Car Giants Face… admin Oct 9, 2023 The United Auto Workers (UAW) strike, now with the backing of President Biden, is shaking up the automotive…
Transport Tesla’s EV Delivery Numbers Disappoint in Contrast to Rival Achievements admin Oct 9, 2023 Tesla's EV delivery numbers disappointed, falling short of expectations, while Rivian and Chinese EV manufacturers…
Automotive Are investors patience wearing thin with Rivian admin Oct 9, 2023 Rivian's Q4 prospects are optimistic, but increasing investor frustration and management issues pose challenges for…
Economy The Inflation Scars on Gen Z will be the Deepest. admin Oct 9, 2023 New research suggests that the recent inflation spike may have permanently scarred Gen Z and made them fear prices…
Financial Bond chaos has ruined pension savings and ruined retirements admin Oct 9, 2023 The global bond market crash has caused havoc on British pensioners' pots. Thousands of people are forced to…
EU Does the end of data collection on Instagram come with ad-free Instagram? admin Oct 9, 2023 Max Schrems expected a large document when he asked Facebook to give him all of the information the company…
Banking Analysts warn that Europe’s money printing spree could end in bailouts admin Oct 9, 2023 Europe's money printing spree could trigger bailouts on the Continent, as governments are forced to pay for a…
Oil and Gas After Hamas’ terrorist attack on Israel, the oil market is bracing for a… admin Oct 9, 2023 Brent crude price expected to increase amid fears of a'spiralling crises' across the region After…
Banking Metro strikes late-night deal to raise £325m, and avoid takeover admin Oct 9, 2023 Metro Bank secured a last-ditch deal on Sunday evening to stabilize its beleaguered financial position after a…
Markets UK investors withdraw from bond and fixed income funds admin Oct 9, 2023 The turmoil on the bond markets both in the US and the UK has eroded investor confidence. The yield on US…
Energy Nickel mining linked to destruction of Indonesian forest admin Oct 9, 2023 Ford, Brazil's Vale and China's Tsingshan, as well as Jardine Matheson of Hong Kong, have invested in Indonesian…
Financial Finance chief of EY leaves after spin-off fails admin Oct 9, 2023 Jamie Miller, the global chief financial executive of EY, was appointed in January. He left the accounting firm…
Banking After being hurt by previous buyouts, big banks are avoiding the LBO boom. admin Oct 9, 2023 Bank of America, Barclays, and other large financial institutions that were stuck with billions of dollars of…
Climate Russia opposes plan to phase-out fossil fuels admin Oct 7, 2023 Russia warned that it would oppose any global agreement to reduce fossil fuel use, amid tensions between Russia and…
Microsoft Ofcom demands UK antitrust investigation into Microsoft’s and Amazon’s cloud… admin Oct 7, 2023 Ofcom, the UK's communications regulator, has referred the $500bn industry of cloud computing to the Competition…
Oil and Gas Oil set to record its biggest weekly drop since March amid fears of interest rates admin Oct 7, 2023 Barclays analysts have warned that the surge in bond rates, which is driving up government borrowing costs, will…