WORLD ECONOMY

Cost of living: Row over who should police energy prepayment switches

BBC BUSINESS - 1 hour 15 min ago .
A trade body for energy firms says the regulator should ensure rules are followed, but Ofgem hits back.
News Category: WORLD ECONOMY

Business failures hit highest level since 2009 after end of pandemic support

SKY NEWS ECONOMY - 1 hour 18 min ago .
Corporate insolvencies have reached their highest level since the aftermath of the great financial crisis, official figures show.
News Category: WORLD ECONOMY

Whole Foods Asks Suppliers to Lower Prices as Costs Ebb

WALL STREET JOURNAL U.S. BUSINESS - 1 hour 32 min ago .
The grocery chain told suppliers at a virtual summit that it wants to bring down retail prices in its store aisles as inflation moderates.
News Category: WORLD ECONOMY

Caterpillar Sales Rise 20% on Strong Demand

WALL STREET JOURNAL U.S. BUSINESS - 1 hour 33 min ago .
Demand for construction and mining equipment as well as engines for transportation and energy generation stayed strong even as the company charged higher prices.
News Category: WORLD ECONOMY

McDonald's Sales Boosted by New Menu Offerings, Price Increases

WALL STREET JOURNAL U.S. BUSINESS - 1 hour 52 min ago .
McDonald’s said global same-store sales were up 12.6% in the fourth quarter, but cautioned that inflation will continue to pressure its business this year.
News Category: WORLD ECONOMY

Paperchase goes into administration with all jobs likely to be lost as Tesco buys brand

SKY NEWS ECONOMY - 2 hours 2 min ago .
High street stationery brand Paperchase has officially entered administration with no buyers interested in acquiring the company's brick and mortar shops and physical assets.
News Category: WORLD ECONOMY

China's Consumers Drive Rebound in Economic Activity

WALL STREET JOURNAL U.S. BUSINESS - 2 hours 8 min ago .
The depth and duration of the nation’s recovery face challenges even as Covid-19 appears to be waning, economists say.
News Category: WORLD ECONOMY

Chinese agent exposed by FT investigation into North Korea oil trade arrested

GLOBAL ECONOMY - 2 hours 11 min ago .
South Korean authorities detain broker amid fears of flight risk after activities were revealed
News Category: WORLD ECONOMY

Predictions for the UK economy, digital investing and Veganuary ends

SKY NEWS ECONOMY - 2 hours 27 min ago .
Ian King looks into a gloomy outlook for the UK, as the International Monetary Fund (IMF) says its economy will fare worse than any other developed country this year.
News Category: WORLD ECONOMY

Indian economy poised to do better, inflation to be well-behaved next fiscal: CEA Anantha Nageswaran

TIMES OF INDIA BUSINESS - 2 hours 35 min ago .
Indian economy is poised to do better and is expected to grow 6.5-7 per cent in the remainder of the decade, chief economic advisor (CEA) V Anantha Nageswaran said on Tuesday. Addressing reporters here after the tabling of the Economic Survey in Parliament by finance minister Nirmala Sitharaman, Nageswaran said that by and large, inflation is likely to be "well behaved" in FY2023-24 barring headwinds.
News Category: WORLD ECONOMY

Paperchase: Stationary chain falls into administration

BBC BUSINESS - 2 hours 43 min ago .
The struggling High Street stationery chain has failed to find a buyer for the business.
News Category: WORLD ECONOMY

Humira Faces Competition From First U.S. Copycat

WALL STREET JOURNAL U.S. BUSINESS - 2 hours 52 min ago .
The arthritis therapy is coming up against its first so-called biosimilar, after more than $135 billion in sales and fights over how long its patents last.
News Category: WORLD ECONOMY

Spotify Adds Users, Reports Loss After Big Investments in Podcasts

WALL STREET JOURNAL U.S. BUSINESS - 2 hours 52 min ago .
Spotify reported strong user growth but another quarterly loss after the company invested extensively to build its podcast business.
News Category: WORLD ECONOMY

Eurozone Economy Outpaced China and U.S. in 2022

WALL STREET JOURNAL U.S. BUSINESS - 3 hours 4 min ago .
The figures underline how the fading Covid-19 pandemic continues to scramble traditional patterns of global growth. 
News Category: WORLD ECONOMY

Labor Report to Give Fed Look at Wage Inflation

WALL STREET JOURNAL U.S. BUSINESS - 3 hours 22 min ago .
Other recent data has been showing that rapid growth in paychecks has begun to slow.
News Category: WORLD ECONOMY

More than 2,000 more roles at risk at Tesco

BBC BUSINESS - 3 hours 44 min ago .
The roles are at risk at Tesco as it announces more changes to the way it runs its supermarkets.
News Category: WORLD ECONOMY

Chapter 1: A turbulent departure

AMERICAN BANKER - 3 hours 52 min ago .
News Category: WORLD ECONOMY

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