Business

Image for Pay gap between bosses and ordinary workers widens in Switzerland

Business

Pay Gap Between Bosses and Ordinary Workers Widens in Switzerland

Image for Analysis-Darkening global outlook, central bank pivots signal more turbulence

Business

Analysis-Darkening Global Outlook, Central Bank Pivots Signal More Turbulence

Image for Australian employees now have the right to ignore work emails, calls after hours

Business

Australian Employees Now Have the Right to Ignore Work Emails, Calls After Hours

Image for Oil up over 1% but set to end week down on demand concerns

Business

Oil up Over 1% but Set to End Week Down on Demand Concerns

Image for Nestle replaces CEO Schneider with company veteran Freixe

Nestle Replaces CEO Schneider With Company Veteran Freixe

Date: August 23, 2024

By John Revill and Richa Naidu ZURICH/LONDON (Reuters) – Nestle is replacing CEO Mark Schneider with company veteran Laurent Freixe, the Swiss food group said on Thursday, marking a change of leadership as it faces a challenge to grow sales. Schneider has decided to step down as CEO and a member of the board...

Image for Oil set to end week lower on demand concerns, easing supply woes

Oil Set to End Week Lower on Demand Concerns, Easing Supply Woes

Date: August 23, 2024

By Shariq Khan (Reuters) – Oil prices were little changed on Friday, on track to end the week lower, as downward revisions to U.S. employment data raised concerns over demand and renewed ceasefire talks in Gaza eased worries about supply disruptions. Both Brent crude futures and U.S. West Texas Intermediate (WTI) crude futures were...

Image for UK businesses report more growth momentum in August

UK Businesses Report More Growth Momentum in August

Date: August 22, 2024

By Andy Bruce (Reuters) -British business activity sped up this month and cost pressures were the weakest in over three years, according to a survey on Thursday that signalled growth momentum going into the second half of 2024. Investors slightly scaled back their bets on a Bank of England interest rate cut next month after...

Image for Analysis-Euro, now a safer bet, emerges a winner from market turmoil

Analysis-Euro, Now a Safer Bet, Emerges a Winner From Market Turmoil

Date: August 22, 2024

By Sruthi Shankar and Alun John (Reuters) -The euro is trading at its highest this year against the dollar, emerging as a clear winner from the recent ructions in global currency markets that have unsettled a strong dollar and halted a relentless slide in Japan’s yen. Having broken decisively above the symbolic $1.10 level, the...

Image for Hybrid Work Revolution: 72% of Business Leaders Back Flexible Future

Hybrid Work Revolution: 72% of Business Leaders Back Flexible Future

Date: August 22, 2024

Speakers Corner survey reveals key insights on work-life balance and productivity in UK businesses (London, United Kingdom), Thursday 22nd August 2024: A recent survey of UK business owners and directors has uncovered significant trends in workplace productivity and employee well-being, with a strong focus on work-life balance and hybrid working models. The findings emphasise the growing...

Image for Why It’s Essential to Develop and Test a Comprehensive Contingency Plan to Maintain Critical Functions Ahead of Any Potential Outage

Why It’s Essential to Develop and Test a Comprehensive Contingency Plan to Maintain Critical Functions Ahead of Any Potential Outage

Date: August 22, 2024

Written by Al Hamidi, Business Intelligence Manager of EBC Financial Group The CrowdStrike incident really drives home the importance of having a solid contingency plan in place. Think of it as your business’s safety net – it’s there to catch you when things don’t go as planned. A well-crafted plan includes Disaster Recovery (DR) and...