financial-sector
Top StoriesSwiss Govt Sees No Major Impact on Labour Market From Credit Suisse Merger
Top StoriesGermany Plans to Double AI Funding in Race With China, U.S
Top StoriesAnalysis-Point of No Return: Australians Fight for the Right to Work From Home Permanently
Top StoriesCovestro Sees 2023 EBITDA at Lower End of Forecast Range
At Europe’s Big Banks, Women Make Some Gains Despite Rose Exit
Date: July 31, 2023
At Europe’s big banks, women make some gains despite Rose exit By Brenna Hughes Neghaiwi and Tom Sims ZURICH (Reuters) -Alison Rose’s resignation from NatWest leaves just one woman in charge of a major western European bank, highlighting an acute gender imbalance that persists across the sector despite pledges to increase female representation. But while...
UK Banks Back in Political Crosshairs After Farage Fiasco
Date: July 31, 2023
UK banks back in political crosshairs after Farage fiasco By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) -After more than a decade trying to rehabilitate their image since an era of bailouts and mis-selling scandals, Britain’s banks are once again a target for public – and political – ire. What started as a...
Small Business Distress Index Hits mid-2020 High
Date: July 14, 2023
Small business distress index hits mid-2020 high By Chiara Elisei LONDON (Reuters) – Corporate distress among small and medium-sized enterprises (SMEs) hit its highest since mid-2020 in the three months to May in Britain and Europe, as credit conditions tightened, an index compiled by law firm Weil Gotshal and Manges showed on Thursday. SMEs are...
IMF Sees ‘pockets of Resilience,’ Slowing Momentum in Global Economy
Date: July 13, 2023
IMF sees ‘pockets of resilience,’ slowing momentum in global economy By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Thursday that first quarter global growth slightly outpaced projections in its April forecasts, but data since then has shown a mixed picture, with “pockets of resilience” alongside signs of slowing momentum. The IMF...
World Cup Fever Lifts Qatar Airways Revenue to Record High
Date: July 6, 2023
World Cup fever lifts Qatar Airways revenue to record high By Hadeel Al Sayegh DUBAI (Reuters) -Qatar Airways late on Wednesday reported a record annual revenue of 76.3 billion riyals ($21 billion), underpinned by a higher customer base after the Doha-based carrier hosted the FIFA World Cup as its official partner and airline. Net profit...
South African Citrus Growers Say EU Pest Rules Putting Squeeze on Exports
Date: June 28, 2023
South African citrus growers say EU pest rules putting squeeze on exports (Reuters) – New European Union pest control rules will cut South Africa’s orange exports to Europe by 20% this year, threatening thousands of jobs, the Citrus Growers Association (CGA) has said. The new measures imposed by the EU last June require enhanced cold...