financial crisis

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Image for German industry calls for delay to global minimum tax – BDI
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German industry calls for delay to global minimum tax – BDI

BERLIN (Reuters) – German industry has called for a delay to a global minimum corporate tax by at le...

7th November, 2022

Image for Facebook parent Meta is preparing large-scale layoffs this week – WSJ
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Facebook parent Meta is preparing large-scale layoffs this week – WSJ

(Reuters) – Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect t...

7th November, 2022

Image for Analysis-Bank of England’s recession warning turns spotlight to UK budget plan
Finance

Analysis-Bank of England’s recession warning turns spotlight to UK budget plan

By William Schomberg LONDON (Reuters) – The risk of a two-year recession in Britain, flagged this we...

4th November, 2022

Image for Twitter temporarily closes offices as layoffs begin
Business

Twitter temporarily closes offices as layoffs begin

By Sheila Dang, Katie Paul and Martin Coulter (Reuters) -Twitter Inc temporarily closed its offices...

4th November, 2022

Image for Inter IKEA posts 45% profit fall on costs, Russia
Business

Inter IKEA posts 45% profit fall on costs, Russia

STOCKHOLM (Reuters) – IKEA franchiser Inter IKEA posted a 45% fall in pre-tax profit for the year th...

3rd November, 2022

Image for Britain’s Rolls-Royce sticks to guidance despite inflation headwinds
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Britain’s Rolls-Royce sticks to guidance despite inflation headwinds

By Sarah Young LONDON (Reuters) -British engineering company Rolls-Royce stuck to its forecasts for...

3rd November, 2022

Image for Russian retail sales fall deeper, jobless rate rises in Sept – data
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Russian retail sales fall deeper, jobless rate rises in Sept – data

MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in Septe...

3rd November, 2022

Image for Russian gold miner Polymetal’s Q3 revenue down 13% y/y
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Russian gold miner Polymetal’s Q3 revenue down 13% y/y

MOSCOW (Reuters) -Polymetal’s third-quarter revenue fell by 13% year on year to $714 million due to...

2nd November, 2022

Image for Made.com becomes casualty of Britain’s consumer squeeze
Business

Made.com becomes casualty of Britain’s consumer squeeze

By Sarah Young and Pushkala Aripaka LONDON (Reuters) -Online furniture retailer Made.com is to appoi...

1st November, 2022

Image for Exclusive-Greece to borrow up to 8 billion euros from bond markets in 2023
Trading

Exclusive-Greece to borrow up to 8 billion euros from bond markets in 2023

By Lefteris Papadimas ATHENS (Reuters) – Greece plans to raise up to 8 billion euros ($7.91 billion)...

1st November, 2022

Image for UK government under pressure over conditions at migrant centre
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UK government under pressure over conditions at migrant centre

By Kylie MacLellan LONDON (Reuters) – The British government came under increasing pressure on Monda...

1st November, 2022

Image for Factbox-Governments act to ease inflation pain
Finance

Factbox-Governments act to ease inflation pain

(Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’...

31st October, 2022