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Consumer goods group says it faces higher costs and denies it is making ‘windfall profits’ Unilever, the company behind brands including Marmite and Dove soap, has warned it will continue increasing prices for consumers this year but denied it was maki…
Sweden’s central bank has raised a key interest rate and 0_5 percentage points to 3% to combat inflation, saying it “is far too high and has continued to rise.”.
Some buyers were waiting for a year for their Z sports car or Ariya sport utility vehicle due to a lack of chips, the firm said
The company said it is doing its best to find other chips suppliers to keep up with demand
Credit Suisse has reported a pre-tax loss of more than 1.3 billion Swiss francs, or about $1.4 billion, in the fourth quarter of last year.
BoE governor Andrew Bailey has warned MPs that paying for public sector pay rises with borrowing could push up inflationUK property demand declines as house prices in England fallSunak should expand free childcare to tackle workforce shortages, says CB…
Swiss bank is cutting 9,000 jobs in restructuring programme after series of scandalsCredit Suisse has scrapped its annual bonus for top executives after the scandal-hit Swiss bank reported its worst full-year loss since the 2008 banking crisis.The lend…
The Walt Disney Co. will cut about 7,000 jobs as part of an ambitious companywide cost-savings plan and “strategic reorganization” announced Wednesday by CEO Bob Iger.
Shares are mixed in Asia after Wall Street gave back some of its recent gains on persisting uncertainty over interest rates and inflation.
Further slowdown likely amid interest rate rise and cost of living crisis, says surveyors’ body RicsProperty sales and house prices continued to decline across the UK in January, while new buyer demand and fresh listings were also down, surveyors have …