The International Monetary Fund has openly criticised the UK government over its plan for tax cuts, warning that the measures are likely to fuel the cost-of-living crisis. In an unusually outspoken statement, the IMF said the proposal was likely to ...
Post-Brexit border checks have slowed the speed at which Eurostar passengers pass through London St Pancras on their way to Paris, reducing the terminal’s capacity by one-third, according to the cross-Channel rail company’s boss. The rail operator’s chief executive, Jacques ...
SHANGHAI — China’s coronavirus-driven economic slowdown is proving to be a boon for Zhu Tainiqi, the Shanghai-based founder of second-hand luxury goods marketplace ZZER, who is now scouting for shop space to expand the business. The former venture capitalist is ...
US regulators on Tuesday fined 16 financial firms, including Barclays, Bank of America, Citigroup, Credit Suisse, Goldman Sachs , Morgan Stanley and UBS, a combined $1.8 billion after staff discussed deals and trades on their personal devices and apps. The ...
LONDON — The International Monetary Fund (IMF) openly criticized Britain’s new economic strategy on Tuesday, following another slide in bond markets that forced the Bank of England (BoE) to promise a “significant” response to stabilize the economy. Pressure piled on ...
WASHINGTON D.C. — The United States is seeking to form a coalition of countries to drive negotiations on a global plastic pollution treaty, weeks after a similar group involving several other Group of Seven (G7) nations was launched, according to ...
STOCKHOLM/COPENHAGEN — Europe was investigating on Tuesday what Germany, Denmark, and Sweden said were attacks which had caused major leaks into the Baltic Sea from two Russian gas pipelines at the center of an energy standoff. But it remained far ...
As the selloff continues, our Big View service Risk Gauge has been bearish for weeks, signaling risk off. Most of our portfolio strategies hold more than 50% cash, some are short, and my discretionary service is looking to deploy capital ...
With the reversal of the 1.25% rise in National Insurance Contributions happening on the 6th of November, employers across the nation have an opportunity to attract and retain talent and must ensure that they are fully prepared for the change. ...
In this week’s edition of StockCharts TV’s Sector Spotlight, I review the current rotations for asset classes, where we find continuing strength for the US dollar and fixed-income-related asset classes, while stocks are rotating back to the lagging quadrant. As it ...