World Bank moves to ensure regulation and management of Guyana’s oil,...
THE WORLD Bank has approved a $20m credit from the International Development Association (IDA) for Guyana’s oil and gas sector.
The bank says the money...
Oil price hits negative territory, Virgin ailing, firms need wage aid
CORONAVIRUS infections are dropping in many countries, but corporate and financial impacts are increasingly being felt.
Virgin Australia is going into administration, the US oil...
World Bank Report Finds Rise in Global Wealth, but Inequality Persists
Report goes beyond GDP to assess the economic progress of nations
Global wealth grew significantly over the past two decades but per capita wealth declined...
UK’s surprise showing in business start-up costs
By Hal Williams
BUSINESS support platform Rovva recently analysed World Bank figures on the cost of starting businesses around the world.
When the data were in,...
Chat GPT ‘could usher-in the four-day week’
MORE than a quarter of UK organisations are likely to make redundancies in 2023, according to research from HR consultancy Ayming UK — but...
Michael Pettis: Money Is Not Created Out of Thin Air
A recurring conversation I have with clients concerns the ability of banks to create credit, and of governments to monetise debt, and whether this...
Wage increases strongest in mining sector
By HAL WILLIAMS
ESG, THE environment, sustainability and renewable energy are modern business buzzwords — but workers in environmentally disruptive industries are still arguably better...
Jeremy Corbyn: A Political Oddity
Jeremy Corbyn is not easily whipped into toeing the party line. In the 2005-2010 Parliament, he defied his government whip no less than on...
Optimism drops, but activity robust in financial services – CBI/PwC
Sentiment in the financial services sector deteriorated in the three months to June, but business conditions – such as volumes, profits and hiring –...
New export strategy to bring ‘superpower’ status to Britain
BRITAIN’S International Trade Secretary, Liam Fox, has announced an export strategy that “will make Britain a 21st Century exporting superpower”.
“As we leave the EU,...
