business-investment
Top StoriesUK Industrial Orders Grow at Joint-Record Pace in May – Cbi
Top StoriesRoyal Mail’s Profit Outlook Shaky on Labour Dispute; Shares Slide
Top StoriesSome in Shanghai Allowed Out to Shop; End of Covid Lockdown in Sight
Top StoriesCricket-New Zealand Excited to Face Off Against Old Skipper McCullum
Siemens to Leave Russia Due to Ukraine War, Take Hefty Charge
Date: May 12, 2022
By John Revill ZURICH (Reuters) -Siemens will quit the Russian market due to the war in Ukraine, it said on Thursday, taking a 600 million euro ($630 million) hit to its business during the second quarter, with more costs to come. The German industrial and technology group became the latest multinational to announce losses linked...
What Germany’s New Human Rights Due Diligence Law Means for UK Companies
Date: May 10, 2022
By Hartmut Dech, Business Development Director, ethiXbase Human rights violations are sadly not something of the past. Examples can still be seen every day in the press, ranging from discrimination, to modern slavery and human trafficking. Addressing these issues is essential for all societies to enjoy a fruitful future, and Germany is leading the way...
The Supply Chain Challenges Facing Businesses Today
Date: May 10, 2022
By David Buxton, industrials analyst at finnCap Group The Ukraine invasion is the latest in a line of challenges that managements have had to overcome over the past two years. The greatest challenges have centred around the well-aired issues of supply chain disruption, inflationary pressures, labour shortages and – more recently – the jump in energy...
Payback Time, Italy Seeks to Lessen Covid Loan Burden
Date: May 6, 2022
By Valentina Za, Giuseppe Fonte and Francesco Zecchini MILAN (Reuters) – Gianni Polidori served a final espresso in his freshly renovated cafe in the Italian port of Ancona at the end of March. Since then, he has been trying to sell Bar Dolce e Amaro so he can pay off months of rent and a...
Has Shop Local Sentiment Rolled Over Into Business Procurement
Date: May 5, 2022
By Steve Ellis, Managing Director at FPE Seals, The past few years have changed the way the public looks at shopping. The Local Data Company conducted a survey that showed that between March 2020 and May 2021, there was an increase in openings of local food shops and delicatessens by 11.6%. This trend comes as a...
Britain Urged to Move on Protracted Audit Market Shake Up
Date: May 5, 2022
By Huw Jones LONDON (Reuters) – The collapse of builder Carillion and other corporate scandals showed a need to act quickly to improve auditing in Britain, a group of more than 50 businesses, trade unions and lawmakers have told the government. In a letter to British Prime Minister Boris Johnson and business minister Kwasi Kwarteng,...