UK Finance today has released its latest Business Finance Review which reports on the finance needs of SMEs. The latest Review shows a continuation of the gradual return to normal lending trends across SMEs during the first quarter of 2022. We saw a modest uptick in demand for cashflow finance through overdrafts and invoice finance […]
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The UK economy has fallen deeper into the red shrinking 0.3 per cent in April as businesses sounded the alarm about a full-blown recession. GDP was down for the second month in a row after a 0.1 per cent dip in March, underlining the ‘Stagflation’ threat as prices soar. Although the strong bounceback from Covid […]
SINGAPORE — Oil prices slipped more than $2 on Monday as a flare-up in COVID-19 cases in Beijing quelled hopes for a rapid pick-up in China’s fuel demand, while worries about global inflation and economic growth further depressed the market. Read More
KUALA LUMPUR — Malaysian companies from palm oil plantations to semiconductor makers are refusing orders and forgoing billions in sales, hampered by a shortage of more than a million workers that threatens the country’s economic recovery. Read More
Cryptocurrencies are paring loses after falling earlier in the wake of data showing US inflation hitting a fresh 40-year high. Su Keenan reports on Bloomberg Television.
SINGAPORE — Chicago soybean futures gained ground on Monday, with the market rising for five out of six sessions and trading close to last week’s all-time high, supported by a U.S. forecast of lower inventories. Read More
Federal Reserve Chair Jerome Powell is facing an increasingly grim calculus after yet another hot inflation reading last week. 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 Instagram: https://www.instagram.com/bloombergbusiness/