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UK currency, pound stering

Jingle of coins and rustle of banknotes: noises of the past?

By Hal Williams IT’S A CONFUSING time for cash in Britain — maybe even crunch time in the run-up to the Budget. The roll-out of limited...
Hot Earth on Dollar Bills

Billions from Bezos to fund battle for climate change

THE richest man in the world is putting money where many are putting only mouths: in the fight against climate change. Amazon CEO and founder...
Tesla Cybertruck

EV News Round-up Winter 2019-20

By RICHARD THOMAS THE MOST-CLICKED recent news story in the world of electric vehicles has been the launch of the Tesla Cybertruck. In itself that wouldn’t...
Vienna CBD, Danube by night

Dedicated proponent of sustainability using ‘tool’ of infrastructure finance

KOMMUNALKREDIT Austria AG is headquartered in the heart of Vienna, and serves German and international markets from its branch office in Frankfurt. As a specialised...

Credit Suisse chief steps down over bank’s corporate espionage scandal

CREDIT Suisse CEO Tidjane Thiam has resigned after a boardroom battle over a corporate spying incident. Shares in Credit Suisse dropped four percent at news...
Navinder Sarao in court

Rogue trader’s abortive career ends with home detention order

A BRITISH stock market trader who caused a trillion-dollar crash on Wall Street in 2010 has been sentenced by an American court to a...
Pouring Molten Steel

Press ponders the wisdom and reason for British Steel buy-out

BRITISH Steel late last year announced a “rescue deal” with China's Jingye Group, a move that was expected to safeguard up to 4,000 UK...
UN SDG 1

Grim UN report shows half-a-billion people struggling to find work

ALMOST half-a-billion people around the world battle to find sufficient paid work, a UN report on employment and social trends shows. The World Employment and Social...
Internet sales

Bezos’ billion-dollar bid to boost India’s SME business

AMAZON founder and CEO Jeff Bezos is launching a £770m bid to bring India’s SMEs online. Bezos said his firm will invest the sum —...
Toy Soldier in Middle East

Tepid growth forecast in World Bank’s 2020 report

THE WORLD Bank forecasts a slight increase in global economic growth for 2020. But the operative word is “slight”: the bank’s prediction is for expansion...