KYIV — Ukraine intends to postpone repayment of its Eurobonds and payments of interest on them for 24 months from Aug. 1, according to a government resolution published on Wednesday. Read More
Hollywood is coming to Hertfordshire after planning officials gave the nod to the construction of a new $1 billion film studio in Broxbourne. Work on Sunset Waltham Cross Studios is to begin later this year towards a 2025 opening for what will be one of the UK’s biggest film and television production locations, housing 21 […]
UK inflation climbed to a new 40-year record in June, heaping further pressure on households struggling with a generational cost of living crisis. Consumer price inflation, as measured by the Office for National Statistics (ONS), hit 9.4 per cent in June compared with the same period last year. It was the highest yearly increase since […]
China is expected to fine Didi Global Inc. more than $1 billion before wrapping up a year-long investigation into the company. John Cheng 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/
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 […]