Adorable and able to keep your child's hand clean and sanitized.
Adorable and able to keep your child's hand clean and sanitized.
Shares in wind turbine maker Siemens Gamesa tumbled on Friday after it cut its financial outlook for the third time in nine months, dragging down the market value of its rivals as well as German parent Siemens Energy. Siemens Gamesa shares slumped as much as 16.2% to their lowest since July 2020, while Siemens Energy fell as much 17.4%, its biggest intraday loss ever, wiping out 4.6 billion euros ($5.2 billion) in market value between them. Profit margins at wind turbine makers have been squeezed by a surge in costs for vital materials such as steel, forcing companies such as Siemens Gamesa and Danish rival Vestas to increase their prices.
Tigo Business - Courtesy picture Tigo Business - Courtesy picture Tigo Business announces its Cloud Center of Excellence (CCoE) in collaboration with Microsoft to accelerate cloud adoption With a trained team of expert engineers with more than 1,200 Cloud and Cybersecurity certifications, the Cloud Center of Excellence will provide support and advice in the development of solutions based on the Microsoft Azure cloud and will guide Guatemalan companies towards a model digital acceleration. Luxemb
Find out if your home is in one of the UK's most affordable or expensive boroughs
WASHINGTON (Reuters) -IMF Managing Director Kristalina Georgieva said on Friday it is not just central bankers who need to fight inflation, but other policymakers have a key role to play, including through boosting vaccinations to end the COVID-19 pandemic. Georgieva told a World Economic Forum virtual panel that the U.S. Federal Reserve, which has signaled that it plans to begin raising interest rates, "is acting responsibly because inflation in the United States is turning into an economic and social concern." Georgieva said it was important for central bankers to be data-driven in responding to inflation and communicate clearly any tightening of monetary policy, but it was also critical for other policymakers to respond, especially by increasing efforts to boost vaccination rates around the world.
British retail sales suffered a record drop in December as consumers shunned the high street due to Omicron concerns, having snapped up Christmas purchases the previous month, data showed Friday.
Customers who left Virgin Media broadband packages saved over £190 a year.
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Czech businessman Karel Komarek's European lottery group Allwyn Entertainment will list on the New York Stock Exchange in combination with blank check acquisition company Cohn Robbins Holdings Corp, the companies said on Friday. The transaction will put the combined firm's enterprise value at approximately $9.3 billion, they said in a statement. Allwyn, known as Sazka Entertainment until last year, operates lotteries in the Czech Republic, Italy, Austria, Greece and Cyprus.
Schlumberger beat expectations with a rise in fourth-quarter profit on Friday as higher crude and natural gas prices drove demand for the world's largest oilfield services company. The global rig count was 1,563 at the end of the fourth quarter, up around 42% from a year ago, Baker Hughes data shows. "Absent any further COVID-related disruption, oil demand is expected to exceed pre-pandemic levels before the end of the year and to further strengthen in 2023," Schlumberger Chief Executive Olivier Le Peuch said.
Peloton confirmed it was considering job cuts as its chief executive denied the company was halting production of its pricey bikes and treadmills.
LONDON (Reuters) -The Bank of England needs to lean against inflation pressures and stop expectations of higher price growth from getting entrenched in businesses' wage and pricing decisions this year, BoE policymaker Catherine Mann said on Friday. The BoE is widely expected to raise interest rates at its Feb. 3 meeting, after becoming the world's first major central bank to tighten policy in response to post-pandemic inflation pressures in December. British inflation in December was its highest in nearly 30 years at 5.4%, and Mann said the BoE's monthly survey of businesses showed their pricing and wage-setting expectations were not consistent with inflation returning to its 2% target.
Activision Blizzard employees form first of its kind Game Workers Alliance Union. The announcement, in an industry where unions are rare, came on the heels of Microsoft’s acquisition of the company
Germany imported 7% less natural gas in the period from January to November 2021 than a year earlier, but its bill rose 78.5% as prices surged, official data from trade statistics office BAFA showed. However, there is concern over when flows will arrive through the new Nord Stream 2 pipeline from Russia, and about escalating tensions on the Russia/Ukraine border, which could disrupt or curtail shipments. BAFA's monthly figures showed Germany's imports in the first eleven months of last year totalled 4.546 million terajoules (TJ), equivalent to 129.3 billion cubic metres (bcm), compared with 4.888 million TJ a year earlier.
Inner London businesses are set for “bounce back” Monday next week as thousands of city workers return to the office. Banks, accountants and other professional services companies with major presences in the city have all told staff to return to the office next week after the government said on Wednesday that work from home guidance introduced in December would be scrapped. Goldman Sachs, Citi, PwC, HSBC, KPMG, Fidelity and Standard Chartered are among the major employers to have encouraged staff back to the office in recent days.
Jabran Khan details a FTSE 100 stock that has seen its shares drop recently. He explains why he would still add shares despite the recent drop. The post Here’s why I’d buy falling shares in this FTSE 100 stock! appeared first on The Motley Fool UK.
A gas supply crunch in Europe, widely blamed on a dearth of gas flows from Russia, has caused energy prices to soar. Simson said she would attend conferences in Azerbaijan and Washington in February to discuss ways for increasing gas deliveries to Europe. "The gas storage levels in the EU are significantly lower than usual at this time of the year," she told reporters.
BERLIN (Reuters) -The German government will cut its economic growth forecast for this year to 3.6% from its October estimate of 4.1%, according to a draft of the annual economic report seen by Reuters on Friday. The coalition government of Social Democrats, Greens and Liberals, in power since December, expects the pandemic to further strain businesses and supply bottlenecks for products such as semiconductors to persist, further limiting companies' growth, according to the draft. Most economists expect Europe's largest economy to shrink again in the first three months of 2022 after a fourth-quarter contraction, driving it into another technical recession, defined as two consecutive quarters of declining output.
In some cases, people could save more than £200 by ditching and switching, Which? research indicates.
Retailers have shown a ‘stubborn refusal’ to pass on wholesale cost savings, according to the motorists’ group.