UK’s Sunak shelves childcare reform indefinitely – The Telegraph
(Reuters) – British Prime Minister Rishi Sunak has shelved plans for a major overhaul of the childcare system aimed at saving pa..
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Death of former Pope Benedict overshadows New Year at Vatican
By Philip Pullella VATICAN CITY (Reuters) -Pope Francis marked the Roman Catholic Church’s traditional World Day of Peace on Sun..
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Stocks fall, Treasury yields rise upon final 2022 trading day
By Sinéad Carew and Carolyn Cohn NEW YORK, LONDON (Reuters) – Wall Street equity indexes lost ground on Friday, the last tradi..
Finance
How 2022 shocked, rocked and rolled global markets
By Marc Jones LONDON (Reuters) – Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and com..
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Pandemic curbs linked to early start to Europe’s winter flu season
By Natalie Grover LONDON (Reuters) – Pandemic restrictions that hampered the circulation of viruses other than COVID-19 could be..
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UK house prices end 2022 on a weaker note after pandemic boom
By Muvija M LONDON (Reuters) -British annual house price growth marked a further “sharp” slowdown in December, mortgage le..
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Four themes will shape investments in 2023: deVere CEO
There are four over-riding investment themes that investors will be watching and positioning for in 2023 in order to build thei..
Finance
Few tourists, deserted streets in casino hub Macau after reopening
By Joyce Zhou and Tyrone Siu MACAU (Reuters) – Three years of COVID-19 forced Becky Zhang’s specialty food business in Macau to ..
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Spain’s 12-month inflation slows down again in December to 5.8%
(Reuters) -Spanish consumer prices rose 5.8% in December – at their slowest annual pace this year, thanks to lower electricity p..
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Japan insurers to maintain cover for LNG vessels in Russian waters
By Ritsuko Shimizu and Yuka Obayashi TOKYO (Reuters) – Japanese insurers are expected to maintain marine war insurance, which co..
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Permitted share of China’s yuan in Russian wealth fund doubled to 60% -Finance Minister
MOSCOW (Reuters) – Russia’s finance ministry on Friday said the maximum possible share of Chinese yuan in its National Wea..
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DKSH sells its 25% stake in Swiss luxury watchmaker Bovet
ZURICH (Reuters) – DKSH will sell its 25% stake in Swiss luxury watchmaker Bovet to Pascal Raffy, the company said in a statemen..
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Russian services activity shrinks for third month running in Dec -PMI
MOSCOW (Reuters) – Activity in Russia’s services industry shrank for the third month running in December, a survey showed ..
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Oil set to end turbulent 2022 modestly higher
By Florence Tan and Emily Chow SINGAPORE (Reuters) – Oil prices edged up on Friday and were on track to post their second straig..
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Bahamas regulator holds FTX assets pending delivery to customers, creditors
(Reuters) – The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on ..
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ENTREPRENEURS ARE UNDAUNTED BY RECESSION AND READY TO HUSTLE
Survey reveals 65% of aspiring entrepreneurs see opportunity in a weak economy Job dissatisfaction is driving start-ups ..
Business
UK’s Sunak to halve support that helps businesses pay fuel bills -The Times
(Reuters) – British Prime Minister Rishi Sunak is poised to halve financial support on energy bills for businesses, amid concern..
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Southwest cancels thousands more flights; U.S. government vows scrutiny
By David Shepardson and Alexandra Alper (Reuters) -Southwest Airlines came under fire from the U.S. government on Tuesday after it can..
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Wall St stocks fall, bond yields rise as China drops quarantine rule
By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and the Nasdaq closed lower on Tuesday after the release of U.S. economic d..
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Risking death at sea, Rohingya Muslims seek safety in Indonesia
By Hidayatullah Tahjuddin PIDIE, Indonesia (Reuters) – Crying with relief after a traumatic 40-day voyage to Indonesia in a leak..
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Spain’s November retail sales fall 0.6% on year
(Reuters) – Spanish retail sales fell 0.6% in November from a year earlier on a seasonally and calendar-adjusted basis, after ri..
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Italy’s rightist government tightens rules for migrant rescues
ROME (Reuters) – Italy’s rightist government has approved measures to fine charities who rescue migrants at sea and impoun..
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German exporters prepare for a challenging 2023
BERLIN (Reuters) – German exporters have modest hopes for next year, anticipating problems at major customers in China because o..
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UK not planning COVID testing for travellers from China
(Reuters) -Britain has no plans to bring back COVID-19 testing for those coming into the country, a government spokesperson said on Th..
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Construction firms relying on financial incentives as job applicant numbers tumble
Skills shortages and the cost-of-living crisis have driven salaries up across construction, despite the demand for staff beginning to ..
Finance
Chipmaker Infineon ready to spend billions on acquisitions – CEO
MUNICH (Reuters) -Infineon is ready to spend several billion euros on the right takeover target as it searches for acquisitions to boo..
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UK’s Argo Blockchain shares soar on deals to avoid bankruptcy
By Sinchita Mitra and Anchal Rana (Reuters) -Crypto miner Argo Blockchain said on Wednesday it will sell its mining facility Helios fo..
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Exxon sues EU in move to block new windfall tax on oil companies
By Sabrina Valle (Reuters) – U.S. oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc&..
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Slipping over Mexico border, migrants get the jump on U.S. court ruling
By Jose Luis Gonzalez and Daina Beth Solomon CIUDAD JUAREZ, Mexico (Reuters) – Even before the U.S. Supreme Court on Tuesday opt..
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Asian shares muted as investors fret over China reopening
By Ankur Banerjee SINGAPORE (Reuters) – Asian equities swung between losses and gains in choppy trading on Wednesday as investor..
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Four tips for starting a bike rental business in 2023
Opening a bike rental business is a great way to become a part of a thriving industry. With cycling becoming a more popular met..
Business
Italy’s Nexi signs digital payments deal with TIM’s Olivetti
xMILAN (Reuters) – Nexi and Telecom Italia’s Olivetti have teamed up to provide advanced electronic payment solutions to b..
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Belgian court decides to keep EU corruption case suspect in detention
BRUSSELS (Reuters) – A Belgian appeals court decided on Tuesday to keep Niccolo Figa-Talamanca, an Italian suspect in a European..
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How Spectrum Thinking Informs Sound Investment Decisions
Investment professionals know that 99% of the time, identifying a good investment opportunity begins with identifying a ..
Finance
Celebrating 46 UK organisations who have outstanding workplace training programmes with HRH The Princess Royal
Her Royal Highness The Princess Royal, welcomed 46 organisations to Banqueting House in London to celebrate successfully achi..
Business
Maintaining Supply with the EU
By Astrid Geeraerts Head of Investment at Flanders Investment & Trade in the UK The EU remains one of the UK’s main ..
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European shares end higher on China recovery optimism
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares closed a touch higher on Tuesday as China relaxing its COVID-1..
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