A glittering night of celebration for the UK’s 140 finalists of the Business Champion Awards. Over 300 guests filled the East Wintergardens in London’s Canary Wharf and were hosted again by the nation’s favourite broadcaster, Huw Edward’s, the evening’s guests were treated to a night of champagne, music, laughter and thought provoking speeches. Jamie Waller […]
Article content U.S. stock index futures struggled for direction on Friday as investors remained jittery over the health of the banking sector while they weighed the odds of the Federal Reserve pausing its interest rate hikes soon. Wall Street’s main indexes ended higher in the previous session following Treasury Secretary Janet Yellen’s reassurances that measures […]
Breadcrumb Trail Links PMN Business Farizon Auto, Zhejiang Geely Holding Group Co.’s new energy commercial vehicle brand, is considering raising as much as $300 million in fresh funds ahead of potential US initial public offering, according to people familiar with the matter. Author of the article: Bloomberg News Dong Cao Published Mar 24, 2023 • […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Carlogiovanni Boffa Published Mar 24, 2023 • 2 minute read Join the conversation Article content Italian rice output is set to fall in 2023 as farmers facing a second year of drought reduce the land dedicated to the crop to the lowest for more than […]
Article content MOSCOW — The Kremlin on Friday said it was important to identify an object discovered next to one of the Nord Stream pipelines, and said the ongoing investigation into blasts that struck the pipelines last September must be conducted with full transparency. Kremlin spokesman Dmitry Peskov also told reporters it was a positive […]
Article content (Bloomberg) — Higher than expected retail sales this morning indicates the consumer still has some extra flexibility in their wallets, despite rapidly rising prices. That ties up with Wetherspoon’s better than expected first half earnings, showing some of the pub chain’s supply difficulties are starting to ease. On both counts the prospect of […]
Ten construction firms have been fined a combined £60m by the competition regulator for “illegally colluding” to rig bids for lucrative contracts for projects including Bow Street magistrates court and Selfridges department store. The Competition and Markets Authority (CMA) found that the companies had acted as a cartel over 19 private and public sector contracts […]
Just 1% of the estimated £1.1bn lost from the government’s Covid business support programme in England as a result of fraud and error has been recovered so far, the public spending watchdog has said in a report urging ministers to learn lessons from the scheme. The “overwhelming majority” of fraud and error occurred during the […]
Accenture has announced plans to cut 19,000 jobs, about 2.5 per cent of its workforce, as corporate clients grow increasingly cautious about the strength of the global economy. The business, one of the world’s biggest consultancy groups, follows others in the sector in implementing sweeping layoffs after lowering its annual forecast of sales and profits. […]