Ratings agency Fitch downgraded Turkey’s debt rating to “B” from “B+” on Friday, citing increasing inflation and broad concerns about the economy, from a widening current account deficit to interventionist policies. Read More
JEE Main 2022 Session 1 Result update: The Joint Entrance Examination (JEE) Main 2022 session 1 results will be announced soon on the official website. Candidates who appeared in the JEE Main 2022 Session 1 will be able to download results online, once released on jeemain.nta.nic.in. According to media reports, JEE Main 2022 Session 1 […]
Elon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44 billion deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement. Twitter’s chairman, Bret Taylor said on the micro-blogging platform that the board planned to pursue legal […]
On Bloomberg’s ‘Balance of Power’ with David Westin: Lara Rhame, FS Investments chief U.S. economist, on U.S. economic data; Robert Zoellick, former Deputy Secretary of State, on Shinzo Abe’s assassination; Gene Sperling, White House American Rescue Plan coordinator, on U.S. economic data; Glen Fukushima, Center for American Progress senior fellow, on Shinzo Abe’s assassination; former […]
Liz Ann Sonders, Charles Schwab Chief Investment Strategist & Ellen Lee Causeway Capital Management Fundamental Portfolio Manager talk about where to invest given the current geopolitical challenges. Also, they discuss the pros of a factor based approach to investing. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com […]
Boris Johnson is still prime minister, for now, and has appointed a cabinet, so technically the business of government should be able to continue. With the nation gripped by a cost of living crisis, and action needed on everything from education to energy, the ministerial in-trays are overflowing. But the chances of a “lame-duck” administration […]
Local authorities in Germany have begun rationing energy, dimming street lights and closing swimming pools to cope with soaring gas prices in the wake of Russia’s move to slash energy supplies. The country has been plunged into an energy crisis after the Kremlin last month moved to sharply reduced gas supplies to Germany, leaving utilities […]
Sainsbury’s has seen off an attempt by a group of shareholders to force it to commit to paying the so-called real living wage to all staff. At the retailer’s annual meeting yesterday 83.31 per cent of shareholders who voted were against the resolution put forward by the non-profit group ShareAction, whose City backers included Legal […]
New figures out this morning show that the growth of the “subscription economy” is stalling rapidly as living costs squeeze household budgets and people return to pre-coronavirus pandemic routines. More than a third (36%) of people say they have cancelled at least one subscription because their disposable income has fallen as interest rates and inflation […]
Dairy farmers are warning that a chronic shortage of workers is hitting milk production and further fuelling food price inflation, and are calling for urgent action to stop the situation getting worse. Eight in 10 farm owners looking for workers said they had received very few or zero applications from people with the right experience […]