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Landlords are facing a ‘real dilemma’ in dealing with the rising cost of living, research from The Landlord Works suggests.
Shares in British retailers rallied on Thursday on hopes that a new 15 billion pound ($19 billion) package of support for households struggling to meet soaring energy bills will encourage them to keep spending. Britain announced a 25% windfall tax on oil and gas producers' profits alongside the package of household support. That sparked a rally in retail stocks that have been battered in recent months over the feared repercussions of the cost-of-living crisis.
International Monetary Fund Managing Director Kristalina Georgieva on Wednesday said she worries less about the risk that the war in Ukraine and a further slowdown in China might trigger a global recession than she does about the strength of the trend toward economic and political fragmentation. "What worries us more," she continued, "is the risk that we are going to walk into a world with more fragmentation, with trade blocs and currency blocs, separating what was up to now still an integrated world economy." Georgieva's remarks echoed a prominent concern overhanging this week's delayed reboot of the annual gathering of global business and government leaders in the Swiss Alps: That events like Russia's invasion of Ukraine is indicative that the era of globalization that had prevailed for the past three decades is on its last legs.
The Rail, Maritime and Transport union’s leaders will now decide when to call strikes, which will bring huge parts of the network to a standstill.
Twitter’s board has been thrown into turmoil after investors ousted one of Elon Musk’s key allies while Jack Dorsey stepped away.
Retailer to shut 32 more stores in next three years, and expects profits to flatline in year ahead
The central section of the Elizabeth line opened at 6.30am on May 24. Billions over budget and nearly four years behind schedule, here’s everything we know about London’s new transport link.
British households will receive a £400 grant in October to help ease the cost of spiralling energy bills, as Chancellor Rishi Sunak has announced a significant increase in support for vulnerable households and the elderly.
European Construction & Material Handling Machinery Market European Construction & Material Handling Machinery Market Dublin, May 26, 2022 (GLOBE NEWSWIRE) -- The "Europe Construction & Material Handling Machinery Market Research Report: By Type, End Use, Customer, Propulsion Type - Industry Size and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. Growing at a 5.1% CAGR, the European construction and material handling machinery market revenue will rise to $75
Selwyn Stein, whose company advises businesses on exporting goods, said all trade agreements were problematic
Shareholders have reelected all of McDonald's Corp's directors, the company said on Thursday, ending a boardroom battle with billionaire investor Carl Icahn who had sought to win two board seats and shine a spotlight on his campaign over animal welfare. Preliminary tallies showed shareholders backed all 12 of McDonald's directors and that Icahn's two nominees received approximately 1% of the vote, the company said. "McDonald’s shareholders value a Board of Directors with a breadth of experiences to advise the Brand on the multitude of issues that can impact the business on a daily basis," board chairman Enrique Hernandez, Jr. said in a statement.
A strong dollar typically weighs on oil prices because it makes the commodity more expensive for holders of other currencies, potentially hurting demand for crude. MUFG expects the divergence between the dollar and broader commodities besides oil to continue.
The Bank of England has been urged to “focus on the basics of monetary economics” instead of climate change after warning that the City is at risk of more than £340bn of losses from global warming.
Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to their highest level since before the coronavirus pandemic started. Brent crude futures for July settled up 47 cents to $114.03 a barrel, while U.S. West Texas Intermediate (WTI) crude for July delivery ended up 56 cents to $110.33 a barrel. Refiners have had to keep facilities running at full-tilt to deal with heavy demand, especially from overseas, as refined product exports rose to more than 6.2 million barrels per day last week.
Major companies in the veterinary healthcare market include Zoetis Inc. , Boehringer Ingelheim GmbH, Merck & Co, IDEXX Laboratories, Evonik Industries AG, Patterson Companies Inc. , Ceva Animal Health LLC – Biomune; Pets at Home Group PLC, National Veterinary Associates, and Phirbo Animal Health.New York, May 26, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Veterinary Healthcare Global Market Report 2022" - https://www.reportlinker.com/p06281012/?utm_source=GNW
The cheapest locations are all on the east and south-east London sections of the <a href="https://www.standard.co.uk/topic/elizabeth-line">Elizabeth line</a>, in key areas with average houses under £500,000 and flats under £250,000. Here’s where to start your search.
(Reuters) -The UK's top share index rose on Thursday on the back of gains in banks, but shares of utilities slumped after Britain announced a 25% windfall tax on oil and gas producers' profits. The blue-chip FTSE 100 was up 0.6%, with banks leading the gains with a 1.4% rise, while the domestically focussed FTSE 250 index inched 1.6% higher. Facing intense political pressure to provide more support for billpayers coping with what political opponents and campaigners have called a cost-of-living crisis, British finance minister Rishi Sunak said energy firms were making extraordinary profits while Britons struggled.
In a sleepy corner of the crypto-economy, the value of an obscure coin called Enzyme was tumbling downwards along with its peers earlier this month -- but then something unusual happened on May 15.
OSLO (Reuters) -Norway's Equinor said on Wednesday it has exited its Russian oil and gas joint ventures due to the war in Ukraine, transferring assets to state-owned Rosneft, its long-term partner. The company first presented plans to leave Russia on Feb. 27, three days after the Ukraine invasion, arguing that its position in the country had become untenable. "The exit from all joint ventures has been completed in accordance with Norwegian and EU sanctions legislation related to Russia," Equinor said in a statement.
BELGRADE, Serbia, May 25, 2022 (GLOBE NEWSWIRE) -- Inery, the first-ever decentralized database management and blockchain solution, has recently announced its participation in the Tomorrow [TMRW] 2022 Conference in Belgrade, Serbia. Aimed at resolving the problems facing the database management industry, Inery's involvement in the recently concluded Belgrade conference is not a surprise. Since its inception, Inery has been building database solutions while enabling a paradigm shift in data acces