Shrimp

Shrimps, time bombs — and the need for some study of wartime economies

By William Roman PICK a word starting with “C”… no, not coronavirus; not yet, anyway. The C here stands for crustaceans. The humble shrimp, for instance....
Tablet showing graphs, technology, fintech

As everything falls apart, UK tech sector shows resilience

THE UK’S fastest-growing sector, the tech industry, will maintain resilience despite the Covid-19 outbreak. That optimistic claim follows analysis from recruitment firm Robert Walters. In...
Hands, calculator, paperwork

Bid to ease virus impacts on cash flow is ‘flawed’ — CEO

THE UK government’s proposed Coronavirus Business Interruption Loan Scheme (CIBLS) is coming in for some criticism. HM Treasury and the Bank of England last week...
Euro bank notes

ECB launches new aid package to soothe effects of pandemic

By HAL WILLIAMS THE EUROPEAN Central Bank has launched a €750bn emergency package to buy government and company debt across the eurozone. The temporary purchasing scheme...
Queue outside a branch of Yes Bank

Yes Bank founder Kapoor arrested on charges of money laundering

THE head and founder of India's private Yes Bank, Rana Kapoor, has been arrested in Mumbai on charges of money laundering. His arrest comes just...
coronavirus, masks

World Bank commits £9.4bn in aid to help poor countries in virus fight

THE WORLD Bank has committed $12bn (£9.4bn) to help developing countries cope with the spread of coronavirus. The aid package includes technical assistance as well...
ASDA supermarket interior

Today’s special? Walmart set to unload stake in Asda

WALMART, the world’s biggest retailer, may sell a majority stake in UK supermarket chain Asda. (Click here to see stock prices for the companies mentioned...
Stock Market Charts Coronavirus

Markets catch a cold as virus fears infect stock exchanges

THE Nikkei Index for the Tokyo Stock Exchange has taken a tumble over fears at the spread of coronavirus. The 4.5 percent slump — which...
UK currency, pound stering

The jingle of coins and the 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...

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...