Thousands of Royal Mail workers have voted to strike in a dispute over pay in what could be the biggest industrial action of the summer. About 115,000 members of the Communication Workers Union (CWU) were balloted and voted 96.7% in favour of strikes, on a turnout of 77%. The result of the ballot was announced […]
Suki Cooper, precious metals research executive director at Standard Chartered Bank, discusses gold prices, the key risks for metals and her outlook for silver. She 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 Instagram: https://www.instagram.com/bloombergbusiness/
Amazon’s core UK division was handed a tax credit of just over £1m last year by HM Revenue and Customs despite the online retailer’s profits soaring by almost 60% to £204m. The tax benefit was part of €1bn (£850m) in tax credits provided to Amazon by governments across Europe, up from €56m a year before, […]
The European Union is bracing for a potential full cutoff in Russian gas supply, and is set to propose a voluntary 15% cut in natural gas use by member states starting next month. Meanwhile, oil eased after a three-day climb. Su Keenan reports on Bloomberg Television.
The leaders of Russia, Iran and Turkey have met in Tehran to discuss the conflict in Syria, however, the war in Ukraine was far more in focus. Simone Foxman 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 […]
Lawmakers in Sri Lanka will be electing a new president to replace Gotabaya Rajapaksa, who fled the country and resigned. Jeanette Rodrigues 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/
Japanese conglomerate SoftBank Group Corp. has temporarily halted talks about listing shares of its chips division, Arm Ltd., in London, while it continues to pursue an initial public offering for the business in New York, people familiar with the matter said. The resignation of outgoing UK Prime Minister Boris Johnson has put those talks on hold for now, according […]
UK’s top share index slipped on Tuesday as stronger-than-expected jobs data supported the case for a big interest rate hike by the Bank of England next month, while Made.com plunged after the online furniture retailer slashed its forecast. Read More
Ashish Agrawal, Asia head of foreign exchange and emerging markets macro strategy research at Barclays, discusses the outlook for the dollar and Asian currencies. He speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.”
Allegations that Google overcharged millions of British app users and broke competition law are set to go to a full trial in a near-£1 billion claim. The suit is being brought by a consumer affairs campaigner on behalf of 19.5 million UK users of Google’s Play Store, with a judge giving the green light only […]