The UK is poised to avoid a recession this year but suffer a slow burning economic slump that will leave GDP below its pre-pandemic level until the final months of next year, new forecasts claim. Stronger than expected household spending despite sky high inflation plaguing families’ finances will put the economy on a better than […]
Article content LONDON — GSK is prepared to launch its respiratory syncytial virus (RSV) vaccine in the U.S. this year without supply constraints and sees China as a major future market for the shot, the company’s head of vaccines research & development told Reuters. The drugmaker is racing rival Pfizer Inc to introduce the first […]
Breadcrumb Trail Links PMN Business Article content BEIJING — China’s new yuan loans are expected to fall in February from a record high in January partly due to seasonal factors, a Reuters poll showed, as the central bank keeps policy accommodative to support the slowing economy. Chinese banks are estimated to have issued 1.50 trillion […]
Breadcrumb Trail Links PMN Business Karpowership, the Turkish company seeking to supply 1,220 megawatts of electricity to South Africa, had its environmental application to moor a ship-mounted power plant at the port of Saldanha Bay suspended after allegations that the views of small-scale fisheries were misrepresented. Author of the article: Bloomberg News Antony Sguazzin Published […]
Article content (Bloomberg) — Russia launched its first massive missile attack in almost a month early Thursday against cities across Ukraine, leaving at least five people dead and causing emergency power cut offs as well as train delays. The five were killed in their homes near Lviv in western Ukraine as a Russian missile hit […]
The government has been urged to end the stigma that surrounds rolled-up holiday pay, which leads to hundreds of millions of pounds of holiday pay going unclaimed every year. Responding to the government’s Holiday Entitlement Consultation, which closes today, IWORK (the body that empowers temporary workers) made clear it’s the “only way” to guarantee that […]
Article content (Bloomberg) — Credit Suisse Group AG delayed the publication of its annual report and compensation details for 2022 after US regulators raised last-minute technical queries on previous statements. The Zurich-based lender was due to publish the reports on Thursday morning but received a late call from the Securities and Exchange Commission on Wednesday […]
The RMT union has said members will vote in a referendum over the next 12 days on a revised pay offer from Network Rail, in a move that could spell the end to the most damaging rail strikes. On Tuesday night the union called off a 24-hour strike at Network Rail planned for next Thursday, […]