By Huw Jones LONDON (Reuters) -The Bank of England said on Tuesday it was censuring Wyelands Bank Plc – part of the Gupta Family Group (GFG) Alliance – for what it said were “wide-ranging significant regulatory failures” between December 2016 and May 2020. Wyelands was part of Sanjeev Gupta’s metals-to-finance GFG empire, the largest client …
Bank of England censures Wyelands Bank for regulatory breaches Read More »
BRUSSELS (Reuters) – Euro zone producer prices fell for a fifth consecutive month and by more than expected in February, almost entirely due to declining energy prices. EU statistics office Eurostat said on Tuesday that prices at factory gates in the 20 countries sharing the euro declined by 0.5% month-on-month in February for a 13.2% …
Euro zone producer prices fall for fifth straight month in Feb Read More »
BEIJING (Reuters) – China will step up supervision of iron ore markets, the National Development and Reform Commission (NDRC) said on Tuesday. Iron ore futures companies should not deliberately exaggerate price increases, and they should strengthen market risk alerts to investors, NDRC said. The state planner said it recently held a meeting with some futures …
China will step up supervision of iron ore markets – state planner Read More »
(Reuters) – Richard Branson’s Virgin Orbit Holdings filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure long-term funding following a January rocket failure. Despite the success of his telecoms and other ventures, the billionaire has also suffered some high-profile ups and downs with his businesses. Here are some examples: …
Factbox-Virgin Orbit bankruptcy echoes Branson’s past troubled ventures Read More »
Por Isabel Woodford CIUDAD DE MÉXICO, 4 abr (Reuters) – El optimismo de los inversores ante un posible auge del fenómeno “nearshoring” en México les está llevando a comprar acciones locales en bienes raíces, compañías de transporte y bancos, dijeron analistas, en un intento por sacar ventaja de la ola de firmas estadounidenses que se …
La apuesta por el “nearshoring” en México impulsa acciones de bienes raíces y transporte Read More »
Por Martin Coulter LONDRES, 4 abr (Reuters) – Cientos de empleados de Google protagonizaron el martes un paro en las oficinas de la empresa en Londres, a raíz de una disputa sobre despidos en la empresa. En enero, la empresa matriz de Google, Alphabet, anunció que iba a despedir a 12.000 empleados en todo el …
Los trabajadores de Google protestan por los recortes de plantilla Read More »
By Isabel Woodford MEXICO CITY (Reuters) – Investors optimistic about a potential Mexican nearshoring boom have been scooping up stocks in local real estate, transport companies and banks, analysts say, in a bid to cash in on the wave of U.S businesses setting up shop over the border. The trend has seen increasing numbers of …
Nearshoring bets boost Mexican real estate, transport shares Read More »
By Julia Harte (Reuters) -Adult film star Stormy Daniels has built a lucrative business empire around her alleged 2006 sexual encounter with former President Donald Trump and earned legions of fans for her breezy retorts to those who cast her as an immoral woman. Her popularity and profits appeared to get a boost with the …
Stormy Daniels: Woman at center of Trump indictment is porn star-turned-ghostbuster Read More »
NEW DELHI (Reuters) – The World Bank sharply lowered Pakistan’s current year growth forecast, saying the country’s economic growth prospects have weakened due to tighter financial conditions and limited fiscal space. The World Bank now expects Pakistan’s economy to grow 0.4% in the current year, from its October forecast of 2% growth. The bleaker forecast …
World Bank cuts Pakistan’s GDP f’cast on rising rates, limited fiscal space Read More »
By Tom Hals (Reuters) -When Donald Trump walks into Justice Juan Merchan’s courtroom on Tuesday to face criminal charges, it will be a first for a former U.S. president but familiar territory for the veteran judge who serves on Manhattan’s criminal court. Merchan last year oversaw a criminal trial of the Trump Organization that ended …
Meet Juan Merchan, the judge presiding over Trump’s criminal case Read More »
