Archives for Global Business News

UK & Global Business News From Morning Brew…

TOGETHER WITH Good morning. These are certainly unusual times. The NBA is suspended, Italy is locked down, Tom Hanks has coronavirus, and many of you are currently reading this in PJs. We’re gonna get through this.And we want readers to know that now more than ever we are laser-focused on bringing you the most important business news every morning. If there’s ever any way we can be more useful to you, our inbox is always open.  Have a great day, and remember: When videoconferencing, the mute button is your friend. MARKETS NASDAQ 7,952.05 – 4.70% S&P 2,741.38 – 4.89% DJIA 23,553.22
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Latest Credit Industry News from the CCR Magazine…

CCRMagazine…Collections and Risk… Read the magazine, free of charge, online atwww.ccrmagazine.com/ccr-magazine/or download a PDF copy of the magazine here. • Stressing the right pointsDo we need to see stress management as a compliance issue? •  Top three most effective negotiation tacticsThe Financial Conduct Authority has told credit-card firms to review their approach to struggling customers… • Manufacturing exports fall despite consumer goodsIn changing political times, UK exports are facing mixed outcomes… Stressing the right pointsDo we need to see stress management as a compliance issue? For more Credit Industry News, Business News, UK Business News or Global Business News, please follow the
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Office for National Statistics Release The Shopping Basket Report for Measuring Inflation…

Reusable bottles and gluten-free cereals are in, as ONS updates the inflation basket… Commenting on this year’s basket of goods, ONS senior statistician Philip Gooding said: “This year we have added reusable bottles and mugs to the inflation basket, as there has been a rise in popularity with many consumers looking to decrease their environmental impacts. “It is important to remember that these annual changes are only a small percentage of the overall basket. This year we’ve added 16 items, removed 14 and modified 4, while leaving 702 unchanged. “Decisions on changes to the basket depend, among other issues, on
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European Business News / EuropeanBiz – Will European Banks be able to cope with this Global Pandemic – Interesting FT Article…

More than a decade on from the financial crisis, Europe’s banks are facing the first major test of their resilience. This week growing fears about the coronavirus pandemic and an oil price war prompted a widespread market sell-off. Companies have spent a decade gorging on cheap debt in an ultra-low interest rate environment. A wave of defaults is now likely, and rising loan impairments will hit banks’ already anaemic earnings. Since their recent peak almost a month ago, European banks indices have plunged 40 per cent in an indiscriminate sell off of financial stocks. This outpaces the 25 per cent
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Welsh Business News / WelshBiz – Technology Sector in Wales’ Image Problem – Tech News

  Avril Lewis, Managing Director, Technology Connected, thinks it’s time we showed the world how big our technology achievements are   Technology Connected works to unite and champion the Welsh technology industry, promoting its social and economic impact both in Wales and across the world. Having worked with the industry for over two decades, I have seen the agility, ingenuity, and creativity of its disruptive and transformative nature evolve the industry to become ubiquitous in the way we work and live. But technology “is not very big in Wales”. Last week, as part of my role as member of the NDEC
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Staff to go at British Airways due to Coronavirus

British Airways is to ground flights ‘like never before’ and lay off staff in response to the coronavirus. In a memo to staff titled “The Survival of British Airways”, boss Alex Cruz warned that job cuts could be “short term, perhaps long term”. The airline industry was facing a “crisis of global proportions” that was worse than that caused by the SARS virus or 9/11.  Meanwhile, Ryanair told staff they may be forced to take leave from Monday. An internal memo to Ryanair staff, seen by the BBC, said crew may be allocated to take unpaid leave due to cancelled
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Everything that you need to know about the Coronavirus, as per the Sun

WITH the UK now in the second stage of tackling coronavirus, Brits are urged to be aware of the symptoms of the deadly illness. The most recent figures show that at least 590 people have Covid-19 in the UK – and ten people have died in British hospitals. ⚠️ Read the Sun’s coronavirus live blog for the latest news & updates ” style=”max-width: 100%; display: block !important”> What is coronavirus? Coronavirus is the name for a large family of viruses that cause illness ranging from the common cold to more severe diseases such as SAR. The new disease that emerged in China in December
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Business Franchise Opportunities with Introbiz…

Introbiz have worked hard for the last 10 years, connecting businesses, building trust and hosting unique business events across the country. They have major plans to expand even further, so are now offering successful franchise operators the opportunity to launch Introbiz across the country. You’ll be providing simple and effective ongoing advice for your mutual benefit, whilst creating long-lasting, beneficial business relationships. Introbiz is Wales’ leading independent business network and with hundreds of members from a range of industries, thousands of business associations and who have worked with some of the world’s leading brands and entrepreneurs. They have worked with Richard
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The Lord Mayor of London calls on Welsh firms with international ambitions to join him on upcoming trade delegations

The Lord Mayor of London William Russell will today visit Cardiff, using the trip to call on Welsh firms with international ambitions to join him on upcoming trade delegations abroad to explore international business opportunities and expansion. As an ambassador for the UK’s financial and professional services industry, the Lord Mayor will meet the Secretary of State for Wales, the Welsh Government Minister for International Relations, the Welsh Fintech Envoy and leading business and fintech figures that are at the heart of the city’s success. During the visit the Lord Mayor will hear first-hand from those who have transformed and
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Download a PDF of the latest CCR Magazine for Free now…

  CCRMagazine… Download the magazine, free of charge, as a PDF…   CCRMagazine is available to read, free of charge, as a PDF – simply click on this link and you can download it and print the individual articles that are of most interest to you. Subscribers help sustain CCRMagazine’s push to a more environmentally friendly future – to subscribe,  contact Alison at alison@ccrmagazine.co.uk.   Supporters of this month’s magazine include:                  
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Business News – Mergers & Acquisitions News from the Office of National Statistics (ONS)…

Business, industry and trade 3 March 2020 Mergers and acquisitions involving UK companies: October to December 2019 Main points In Quarter 4 (Oct to Dec) 2019, cross-border mergers and acquisitions (M&A) involving a change in majority share ownership saw notable decreases in both value and number, while domestic M&A recorded an increase in the value but a fall in the number of deals. During January to December 2019, the estimates for the values of inward and domestic M&A saw notable decreases from 2018; outward M&A also fell. The ONS is today also publishing an article giving an annual overview of
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Health News & Tech News from China…

Disinfecting robots, smart helmets, thermal camera-equipped drones and advanced facial recognition software are all being deployed in the fight against Covid-19 at the heart of the outbreak in China. President Xi Jinping has called on the country’s tech sector to help battle the epidemic.  Healthcare tech is also being used to identify coronavirus symptoms, find new treatments and monitor the spread of the disease, which has so far infected more than 90,000 people worldwide. But is it up to the job? Robots to the rescue Several Chinese firms have developed automated technologies for contactless delivery, spraying disinfectants and performing basic
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How Multibank Group evolved into one of the largest online financial derivatives -Global Financing & Banking…

Sophia Barnes, Director of Public Relations at one of the world’s leading forex and CFD brokers talks to Global Banking and Finance Review about their strong performance in 2019 and how their trading platforms differentiate them from others in the industr y. Since its inception, MultiBank has evolved into one of the largest online financial derivatives providers by combing prime liquidity, cutting edge technology and first-class customer ser vice. She also sheds some insight on how the company is ensuring the highest level of funds security and their future plans for development and growth. ” style=”box-sizing: border-box; margin: 0px; padding:
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Create Your Dream Life: 5 Principles To Get It Done

Create Your Dream Life: 5 Principles To Get It Done Principles To Create Your Dream Life FROM THE DESK OF GRANT CARDONE:  You want to create your dream life?  We all want a dream life, right? You know it exists because you can dream about it. You can imagine the life that you know, deep down, you want. I too wanted a dream life, and so 6 years ago I wrote The 10X Rule, and since that time 10X has become a movement. Are you ready to become a part of it? I’m here today to tell you that dreams are made because of
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Citroen presents the first fully electric Made in Morocco car in Paris

Citroen presents the first fully electric Made in Morocco car in Paris Rabat – French automaker Citroen unveiled its Made in Morocco mini electric car called AMI yesterday at the Paris Defense Arena, marking Citroen’s entry into the electric car arena. Built in the PSA factory in Kenitra, the mini-car without a license will be available for sale at €6,900. Rechargeable in 3 hours, the two-seater car can travel 70 kilometers at a maximum speed of 45 kilometers per hour. The car is the perfect choice for daily activities and aims to make city driving less stressful. Its small size
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Lessons from Top Entrepreneurs

cardonesolutions.com/grant-cardone-net-worth-2020/ So Jarrod Glandt sits down and picks Grant Cardone’s brain for an hour.  What did I get out of it?  And what will you get out of it.  When I first started following Grant and listening to his workshops in the car everywhere I went, I had this feeling so many times that he was basically talking to me or like maybe he’s been secretly following me around or something.  Which obviously is not what was going on so what did that feeling mean?  It meant I wasn’t alone.  It meant that I’m not the only one out here
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Disney CEO steps down with immediate effect…

Disney shares have tripped up following shock news that its chief executive of 15 years, Bob Iger, has stepped down with immediate effect. The company said the 69-year old, credited with steering a massive expansion of its entertainment interests, would remain executive chairman until the conclusion of his contract. He will be replaced by Bob Chapek, the chairman of Disney’s parks, experiences and products business. Image:Bob Iger snapped up the Star Wars franchise during his 15 years in charge at Disney Mr Iger told investors and reporters that – in addition to his duties leading the board – he would
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The Ethiopians returning home to start businesses – GlobalBiz News

The Ethiopians returning home to start businesses – BBC News Hundreds of Ethiopians who have been living abroad are returning to the country, following reforms brought in by Prime Minister Abiy Ahmed.  Mr Abiy’s ambitious reforms include changing the law to enable more Ethiopians living abroad to come back and help rebuild the economy. For years, Ethiopia’s economy has been tightly controlled by the state and closed to many international investors.  About two million Ethiopians live in the diaspora, the government estimates.  About half of those displaced Ethiopians have found new homes in the US, particularly in Washington DC, which
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Inside Bloomberg’s bid to corner the OTT business news market as streaming wars intensify | The Drum

As Michael Bloomberg’s campaign to win the Democratic nomination and oust Donald Trump from the White House is taking off, his Bloomberg media empire is separately planning to become a major player in the video streaming wars. In a two-pronged push, Bloomberg Media, the mogul’s eponymous finance, data and media empire, is looking to put business programming at the heart of the streaming revolution through its new Bloomberg TV+ digital service and QuickTake by Bloomberg, a digital channel focused at a young business audience. QuickTake, which began life on social media, will launch as a streaming service early this year.
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How a serious accident led to business success – BBC News

How a serious accident led to business success – BBC News It was in the wake of a terrible skiing accident that Susanne Najafi embarked on her path as a serial entrepreneur. While racing down the slopes of a Swedish ski resort in 2009, she fell and broke her neck. “I was trying to get up, but I’m like, ‘Oh, I can’t move my arms.’ And that’s when I realised it was a bit more serious. “The doctor said that I was one millimetre from the nerve getting cut off,” she recalls. “They were like, ‘This was really, really lucky.'”
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Barcelona would have to pay more than £200m to sign Mohamed Salah or Sadio Mane from Liverpool due to ‘Coutinho clause’

Barcelona would have to pay more than £200m to sign Mohamed Salah or Sadio Mane from Liverpool due to ‘Coutinho clause’ Barcelona would have to pay Liverpool more than £200m to sign Mohamed Salah or Sadio Mane due to a ‘Coutinho clause’. The last time Liverpool did business with Barcelona was in January 2017 when Philippe Coutinho swapped Anfield for the Camp Nou in a £142m deal. It looks unlikely that Salah or Mane will join Barcelona Liverpool spent that money on Virgil van Dijk and Alisson who shored up their defence as Jurgen Klopp’s side won the Champions League
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Premier League launch Hall of Fame to recognise legends of the league who have shown ‘exceptional skill and talent’

Premier League launch Hall of Fame to recognise legends of the league who have shown ‘exceptional skill and talent’ The Premier League has revealed plans to launch an official Hall of Fame, with the first two players to be inducted next month. The Hall of Fame aims to recognise and celebrate the ‘exceptional’ skill and talent of those who have graced the Premier League since its inception in 1992. The Premier League began in 1992, becoming a global phenomenon A shortlist of further nominees will be announced the same time the two initial players are inducted, with fans invited to
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Vistry plans 100 job cuts in post-merger rationalisation

Vistry plans 100 job cuts in post-merger rationalisation Operations have already been simplified from 17 regional business units to 13, with most of the approximately 100 planned cuts foreseen by the central services. Announcing a 12% increase in pre-tax profit to £ 188 million last year, CEO Greg Fitzgerald said that the integration of Bovis, Linden Homes and Galliford Partnerships’ business was already well advanced. Earnings growth occurred against the backdrop of downward pressure on house prices in the second half of 2019. This was partially mitigated by the combination of group building cost savings initiatives and the lack of
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Walmart in discussions to sell their stake in Asda

Walmart in discussions to sell the stake in Asda Walmart says it could sell a majority stake in Asda, its UK supermarket, after “incoming interest” in the idea. The US retail giant said it spoke to a “small number of stakeholders” about a possible investment. It comes after UK regulators blocked Walmart’s plan to merge Asda with Sainsbury last year for fear that it would raise prices for consumers. Walmart said it would likely keep a stake in Asda if the plan goes ahead. “No decisions have been made and we will not comment on these discussions further,” he said.
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