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...
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...
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...
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...
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...
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 —...
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...
UK car market stalled for fears of ‘emissions laws and Brexit’
NEW UK car registrations in 2019 fell to their lowest level in six years.
A total of 2.31m new cars were registered in 2019, down...
Employment on the rise in UK with more women finding work
THE UK's unemployment rate is at its lowest level in nearly 45 years, holding a steady 3.8 percent in the three months to October.
Figures...
