Philippine central bank Governor Felipe Medalla discusses monetary policy, the economy and the local currency. Bangko Sentral ng Pilipinas unexpectedly raised borrowing costs by 75 basis points to 3.25% on Thursday. The Philippine peso is down more than 9% this year and adds to inflation in a country that imports goods from fuel to rice. Medalla speaks with David Ingles […]
China’s economy grew at the slowest pace since the initial coronavirus outbreak in Wuhan. Gross domestic product increased 0.4% from a year earlier. That’s the worst performance since the first quarter of 2020. Enda Curran reports on Bloomberg Television.
Wei Yao, head of research and chief economist for APAC at Societe Generale, discusses China’s second quarter GDP and her outlook for the economy. China’s economy grew at the slowest pace since the country was first hit by the coronavirus outbreak two years ago. She speaks on Bloomberg Television. ——– Follow Bloomberg for business news […]
Watch as SpaceX launches a cargo mission to the International Space Station. A robotic SpaceX Dragon cargo capsule lifted off atop a two-stage Falcon 9 Rocket from NASA’s Kennedy Space Center in Florida. ——– 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 […]
If you’re in the market for a used car, congratulations! Used cars are a great way to save money on your next vehicle purchase. But before you head to your local used car dealer or start browsing online, there are a few things you should do to prepare. Inspecting a used car before buying is […]
Handling accounts payable has always been a challenge for business owners and accountants. For their convenience, by using technological help, like other accounting software, software providers gave a software especially for managing accounts payable known as Account Payable Automation. This software is used for smoothing the process of paying accounts payable and lessens the burden […]
Nikhil Rathi, Chief Executive of the Financial Conduct Authority (FCA), outlined technology and data as key to tackling financial fraud in the UK in a speech delivered at the Peterson Institute of International Economics this week. Rathi proclaimed that the FCA has “invested heavily in data and technology” to help scan for fraud, with over […]
Streaming giant Spotify has snapped up daily music game Heardle as the firm builds out its interactive offerings to keep music lovers listening. The news comes just weeks after the company launched a “karaoke mode”, which provides users with the lyrics to their favourite songs. Heardle, which is a Wordle spin-off, will remain a standalone website, and […]
BT announced plans to nearly double its in-house digital talent across the UK and India this morning, growing to 6,300 people by 2024. The UK staff will be dotted around BT’s hub sites in Birmingham, Manchester, Bristol, Belfast, Ipswich and London, whilst the Indian hubs will be based in Bengaluru and Gurugram. The talent needed […]
One in five businesses were started because founders were jealous of their former boss, according to new research, with entrepreneurs desperate to experience the freedom of their own business. Start My Business, a business launchpad platform commissioned the polling of UK SME owners and senior decision makers to observe what fuelled entrepreneurs to start their […]