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Top StoriesItalian Business Confidence Climbs in June, Consumer Morale Tumbles
Top StoriesBritain Relaxes Airport Slot Rules to Help Avoid Cancellations
Top StoriesAustralia Power Crisis Forces Manufacturers to Eye Offshore Moves, Production Cuts
Top StoriesIkea Puts Russian Factories up for Sale, Plans Job Cuts
Ryanair Drops Afrikaans Test After Backlash in South Africa
Date: June 15, 2022
DUBLIN (Reuters) – Ryanair has dropped a requirement for South African passengers to prove their nationality before travelling by completing a test in Afrikaans, Chief Executive Michael O’Leary said after the policy drew a backlash among South Africans. The South African government said last week it was taken aback by the low cost carrier’s decision...
N.Irish Businesses Urge UK Against Potentially Damaging Unilateral Plans
Date: June 14, 2022
By Amanda Ferguson BELFAST (Reuters) – Northern Irish businesses urged Britain to tackle disruption to post-Brexit trade through negotiations with the European Union rather than pursuing unilateral plans published on Monday that some sectors said would leave them worse off. London has pledged to implement the legislation overriding some post-Brexit trade rules for the British-run...
How Are Businesses Handling the Cost-Of-Living Crisis?
Date: June 13, 2022
By Atul Bhakta, CEO of One World Express It requires a considerable cache of optimism – and good fortune – to say the last few years have seen favourable conditions for businesses. This is particularly true for those in the UK, guarding against the uncertainty of Brexit negotiations, then dealing with its reverberations after implementation, before...
In ‘miracle’ City Shenzhen, Fears for China’s Economic Future
Date: June 13, 2022
(This June 12 story refiles to clarify location in penultimate paragraph) By David Kirton SHENZHEN, China (Reuters) – David Fong made his way from a poor village in central China to the southern boomtown of Shenzhen as a young man in 1997. Over the next 25 years he worked for a succession of overseas manufacturers...
Global Advertising to Grow by 8.4% This Year -Report
Date: June 13, 2022
By Helen Coster (Reuters) – The global advertising industry is expected to grow 8.4% this year, despite ongoing geopolitical situations around the world and fears of a recession, a report on the sector said on Monday. That figure excludes the impact of U.S. political advertising, which is on track to reach $13 billion in revenue...
Shanghai to Lock Down Millions Again for Mass Covid Testing
Date: June 10, 2022
By Brenda Goh and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) – China’s commercial hub of Shanghai will lock down millions of people for mass COVID-19 testing this weekend – just 10 days after lifting its gruelling two-month lockdown – unsettling residents and raising concerns about the business impact. Racing to stop a wider outbreak after discovering...