Bank of England delays final Basel bank capital rules to July 2025 September 27, 2023 The Bank of England on Wednesday said it would delay by six months to July 2025 its roll out of the final leg of international bank capital rules that began after the global financial crisis over a decade ago.
DWS to pay $25m to end US probe into greenwashing September 25, 2023 Deutsche Bank-controlled (DBKGn.DE) investment firm DWS will pay $25 million to settle charges over misstatements regarding its environmental, social, and governance (ESG) investing and failures in policies designed to prevent money laundering, U.S. regulators said on Monday.
Nissan says all new models coming to Europe will be fully electric September 25, 2023 Nissan Motor Co said on Monday that as of now all new models it launches in Europe will be fully electric by the end of the decade.
Ladbrokes owner Entain warns of slower online gaming revenues September 25, 2023 Coral and Ladbrokes owner Entain has slashed its full-year outlook for online gaming revenues after worse-than-expected recent trading and said it was ramping up efforts to overhaul the business. The group said online net gaming revenues had been softer than predicted since the summer as sporting results went in favour of punters, as well as [...]
Long-term sickness prevents 2.5m people from working, report suggests September 25, 2023 Women, young men and people unable to work from home are more likely to suffer from long-term sickness which prevents them from working, according to a new report. One in 16 working-aged people in the UK – or around 2.5m – are “economically inactive” due to long-term sickness, the Society of Occupational Medicine (SOM) said. [...]
Consumer confidence continues to rise amid cost-of-living woes September 22, 2023 Consumer confidence is continuing to rise against a backdrop of falling inflation – but many households are continuing to struggle with cost-of-living pressures, according to a survey. GfK’s long-running Consumer Confidence Index increased four points in September, but remains at a subdued minus 21. Expectations for the UK’s wider economy over the next 12 months [...]
Japan’s troubled Toshiba to delist after takeover by consortium succeeds September 21, 2023 A 2 trillion yen tender offer for troubled electronics giant Toshiba by a Japanese consortium has been completed, clearing the way for it to be delisted.
Upper Crust owner SSP sees share price fall despite strengthening revenues September 21, 2023 Upper Crust owner SSP has said it expects revenue to be at the higher side of previous guidance this year as it benefited from a recovery in air travel.
Australia tribunal pushes Chevron, LNG unions to resolve wage fight September 21, 2023 Australia's industrial arbitrator on Thursday pushed Chevron and unions to resolve a long-running dispute over pay and conditions.
Commodities trader Trafigura revamps senior leadership September 20, 2023 Global commodities trader Trafigura has reshuffled some of its senior leadership positions, putting more weight on energy.