Prices in China fall at fastest rate since 2009 as risk of persistent deflation looms February 8, 2024 Plummeting food prices were the main drag on inflation, with prices falling 5.9 per cent year-on-year. Pork prices fell over 17 per cent.
Hiring this February? You’ll be more successful if you understand the priorities of today’s talent February 8, 2024 Chances are, some of the most talented people in your organisation are looking for a new job right now. You might even be looking for one yourself. After all, February is renowned for being a busy month for recruiting staff as managers take advantage of new hiring budgets granted at the start of the year. [...]
Bank urged to ‘release brake pedal’ as starting salary inflation drops to 34-month low February 8, 2024 Starting salary inflation slipped to its slowest rate since March 2021 and was comfortably below the series average
The Guernsey stock market looking to crash LSEG’s private party February 8, 2024 Each week Charlie Conchie interviews chiefs in the world of finance and tech. This week he sits down with Cees Vermaas, the founder of Guernsey-based the International Stock Exchange.
Moving markets: Five things shaping the FTSE 100 today February 8, 2024 Asian shares track Wall Street's surge; China's inflation records the deepest drop since 2009. Oil prices rose amid slim progress in Gaza peace talks. SoftBank rises on Arm results; investors eye earnings, the Fed, and U.S. jobless claims.
Uber posts first annual net profit since IPO debut; equity analysts lift price target February 8, 2024 Uber posted its first annual net profit since going public, indicating improved user retention and successful strategic initiatives, prompting several equity analysts to raise the price target.
FTSE 100 live: London closes in the red as Barratt and Sainsbury’s drag index lower February 7, 2024 The biggest news in London this morning was the merger between FTSE 100 house-builder Barratt and Redrow, which is listed on the FTSE 250.
Changes to UK mortgage market cushions blow to borrowers from interest rate hikes February 7, 2024 Stressing is likely to have supported the "resilience of individual borrowers and the overall market," they noted.
Risk of persistent inflation ‘diminished’ as Bank of England considers timing of interest rate cuts, MPC member says February 7, 2024 "I have become less concerned that interest rates might need to be tightened further," Breeden, a member of the Bank of England's MPC, said.
Returns, returns, returns: Auchincloss shows that companies must be run for shareholders February 7, 2024 Who knew that Murray Auchincloss was the boss we’ve been waiting for? Promoted into the top job in unusual circumstances, the new BP chief was a breath of old-fashioned fresh air. Returns, returns, returns, was the mantra. Shareholders will be thrilled. Energy companies face an interesting moment. They are better-equipped than just about anybody else [...]