Category Archives: Markets

EU trade commissioner Phil Hogan abandons interest in WTO role 

Irishman’s decision leaves bloc without an obvious candidate, one week before deadline

Read More

UK mortgage approvals slump as Covid-19 hits housing market – business live 

Rolling coverage of the latest economic and financial newsLatest: Just 9,300 UK mortgages approved in MayMortgages approvals down 90% (!) since FebruaryEconomists: Lenders and borrowers both nervousEarlier:World stock markets have hit a two-week lowCoronavirus – latest updatesSee all our coronavirus coverage 1.26pm BST With mortgage lenders getting more caut […]

Read More

Markets Now – Monday 29th June 2020 

Last updated 12:00pm BST. Featuring Drax, BP, Wirecard, Balfour Beatty, CapGemini, Unilever, Reckitt Benckiser, Danone, Brexit and DPL.

Read More

India’s spice export to China slows down after Galwan row 

The exporters reckon that the current problems will be temporary. “We hope that what is happening at the border will not affect commerce and trade,” noted Rajiv Palicha, chairman of All India Spices Exporters Forum.

Read More

‘I’ve not been to the city centre for months’: UK suburbs thrive as office staff stay home 

Local shops are busy, and new ways of working could have huge long-term effects on the future of major British citiesCoronavirus – latest updatesSee all our coronavirus coverageIt’s not yet lunchtime but the queue outside Joe’s Bakery on Gloucester Road in Bristol’s northern suburbs is already growing. Five shoppers clutching canvas tote bags and rucksacks w […]

Read More

Small business: a canary in the US economic coal mine 

To really take America’s pulse, forget Wall Street and talk to the owner of a local café

Read More

Virgin Atlantic seeks urgent rescue package worth up to £900m 

Airline sets ‘informal deadline’ of early July to finalise deal after slump in travel during coronavirus pandemicVirgin Atlantic is attempting to secure a privately funded rescue deal worth up to £900m by the end of this week as it fights to survive after the slump in international travel during the coronavirus pandemic.The airline is in talks with hedge fun […]

Read More

Stella McCartney advertises for staff after using Government scheme to furlough hundreds of staff 

Stella McCartney is advertising roles ranging from administration to knitwear design. The designer furloughed up to half her 1,400 staff across 51 stores in April an insider told MailOnline.

Read More

EU warns China that investment talks are entering ‘critical stage’ 

Brussels says progress between now and end of July will reveal Beijing’s intentions

Read More

Zimbabwe: Tragedy as Chegutu Council Employee is Buried in Sewer System 

[New Zimbabwe] A CHEGUTU Council employee died Friday after he was buried under an avalanche of soil in sewer trenches.

Read More

India among Switzerland’s top-3 partners for info exchange on tax matters: Global Forum 

In its latest peer review report on exchange of information on request, the Global Forum, which is tasked to assess the standard of exchange of information on request by various jurisdictions worldwide and their compliance, said Switzerland is rated ‘largely compliant’.

Read More

Algeria’s rulers consolidate grip as economy falters 

Coronavirus outbreak has exacerbated economic malaise that fuelled government protests

Read More

Firms are waking up to race issues, but critics say hashtags aren’t enough 

Corporate Britain is under pressure to be seen to engage with social justice enough to push through real changeThree years ago, Pepsi’s response to the Black Lives Matter movement was an ad in which white reality-TV millionaire Kendall Jenner dressed up as a protester and offers a can of cola to a police officer.As glaringly crass as that seemed at the time […]

Read More

Modi Govt envisions ‘Atmanirbhar Agriculture’ through investments, ecosystem upgrade 

Besides, the government has undertaken animal tagging of five species through Pashu-Aadhar. About 57 crore animals will have unique IDs over the next 1.5 years on digital platforms for mapping their parentage, breed and productivity.

Read More

Investors in talks with firms to diversify China exposure in supply chain, funding 

Even ecommerce companies like Flipkart and Amazon, which are heavily dependent on smartphone sales anchored by Chinese brands, are figuring out newer strategies. Amazon, for instance, is betting big on promoting local stores on its platform.

Read More