UK manufacturing orders gauge hits record high in September: CBI
A record share of British manufacturers reported rising new orders this month but global supply chain problems and labour shortages held back growth in output,…
Category: Business
PDVSA begins U.S. trial over claim sanctions prevented debt payments
Venezuelan state oil company PDVSA will make its case at a U.S. trial beginning on Tuesday that it is not liable for nearly $150 million…
Warburg Pincus taps SAP executive to advise on tech deal spree
U.S. investment firm Warburg Pincus (WP.UL) has appointed SAP (SAPG.DE) executive Brian Duffy as a senior adviser in its technology team as it bets on…
National Express in talks for all-share takeover of Stagecoach
The tie-up, which would value Stagecoach at about 445 million pounds ($609 million), comes as government support to help the companies get through the pandemic…
House prices a persistent pressure on euro zone inflation, ECB study shows
House prices, now excluded from euro zone inflation data, would have persistently raised consumer prices in recent years, a study published by the European Central…
ECB policymakers acknowledge growing inflation risk
European Central Bank policymakers still see the recent inflation surge as temporary but a growing number appear to be acknowledging the risk that price growth…
Regulators not up to speed on banks’ digital marketplaces, EU watchdog says
Regulators have little understanding of risks from banks creating digital marketplaces with tech companies and a framework is needed to spot potential contagion if things…