Compass Group, the world’s largest caterer, raised its revenue growth forecast for the second time this year on the back of new business wins, helping push its shares to their highest in more than two years. Read More
MADRID — Spain expects European Union member countries to reach an agreement on Tuesday to cut natural gas use during the winter by less than 15% and on a voluntary basis, Energy Minister Teresa Ribera said. Read More
Household disposable income fell by a record £44 a week in June, marking its eighth consecutive month of decline as the cost of living crisis intensifies. The average household was £175.80 worse off in June this year than they were in the same month in 2021, according to Asda’s monthly income tracker, produced by the […]
Global competition for seaborne LNG shipments is threatening higher prices and shortages from Asia to South America following Russia’s latest move to cut natural gas supply to Europe. Stephen Stapczynski reports on Bloomberg Television.
Millions of households will need more cash from the government to prevent them falling into hardship as energy bills soar to more than £3,200 a year this winter, MPs have warned. A £21 billion support package pledged by ministers in May will be “eclipsed by the scale and longevity of the price increases” that are […]
Aldi has raised pay for shop workers for the second time in a year in the latest sign of the intense competition for workers in the UK. From September, the grocery discounter is to put up hourly pay by 40p to a minimum of £10.50 outside the M25 and to £11.95 in London, an increase […]
Rishi Sunak and Liz Truss faced off in a TV debate to become the next U.K. Conservative Party leader and prime minister. They clashed over Brexit, China and how to tackle inflation. Lizzy Burden reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect […]
Alibaba Group Holding Ltd. says it will apply for a primary listing in Hong Kong. Stephen Engle reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
Independent Economist Andy Xie discusses the Chinese economy, how the issues with the property market are impacting the middle class and his outlook for the markets. He speaks on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness […]
Just days before the Fed decision, both bulls and bears are basing their stock market calls on what the Federal Reserve is going to do. Kathleen Hays reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness […]