Top Stories
Top Stories
Explainer: Why Russia drives European and British gas prices
Top Stories
Central banks opt for shock and awe to tame inflation (bar one)
Top Stories
UK pension schemes play catch-up with employers on climate goals
Top Stories
Chances of recession in Britain in next two years have increased, says JPM
Bank of England isn’t committed to being ‘forceful’, Pill says
Date: June 17, 2022
By David Milliken LONDON (Reuters) -The Bank of England’s new message that it may have to act “forcefully” on interest rates is not unconditional and depends on the persistence of inflation pressures, the central bank’s chief economist said on Friday. While the BoE raised interest rates by just a quarter point on Thursday – lagging...
Syngenta appoints senior executive to help steer $10 billion IPO
Date: June 17, 2022
ZURICH (Reuters) -Swiss agrochemicals group Syngenta has appointed a senior executive to help steer the seeds and pesticides maker’s planned $10 billion flotation, the company said on Friday. It has appointed Andy Yang, currently a board member of Syngenta, as chief accounting officer where he will be responsible for accounting requirements in relation to Chinese...
As Interest Rates Continue Rising, Corporate Treasury Must Hedge
Date: June 17, 2022
Farah Lotia is the Director, Interest Rate and Quantitative Analytics at Hedge Trackers Corporate exposure to interest rate (IR) risk will become increasingly consequential as rates continue to rise following the long period of historically low borrowing costs and investment returns. The rate changes mean that more CFO offices, corporate treasurers and accounting teams must...
Adnami welcomes Svenja Damzog as Publisher Director DACH to lead continued expansion in the region
Date: June 17, 2022
The ad tech company’s latest hire brings extensive experience and a valuable network as Adnami continues to invest in critical European markets Hamburg, Germany, 16th June 2022: Ad tech company, Adnami, has appointed Svenja Damzog as Publisher Director, DACH, as it readies itself for further growth and expansion across Europe. Svenja will lead and continue...
ECB’s Knot says several 50 bps rate hikes possible if inflation worsens
Date: June 17, 2022
BRUSSELS (Reuters) -European Central Bank policymaker Klaas Knot told Dutch radio broadcaster BNR on Friday the ECB may need to make several 50 basis point rate hikes if inflation continues to rise and that he expected about 200 basis points of hikes. Referring to core inflation, he said: “If it continues to rise then we...
Russian furniture chains eye IKEA’s shuttered factories, stores
Date: June 17, 2022
(Reuters) – Russian furniture chain Tvoi Dom and another brand Hoff are both considering buying IKEA’s Russian assets after the Swedish firm put its factories up for sale, Russian news agencies reported. IKEA closed its stores in Russia in March after Moscow sent troops into Ukraine, prompting the West to impose sanctions. The Swedish company,...