SINGAPORE (Reuters) – A small blank-check firm backed by state investor Temasek made its Singapore debut on Thursday, marking the first such local listing as Singapore steps up a drive to emerge as a key venue for listings of this type.An SGX sign is pictured at Singapore Stock Exchange July 19, 2017. REUTERS/Edgar Su/FilesThis came […]
Details about an apparent MIQ-dodging family are lost in an information black hole between multiple agencies as they play pass the buck. On Monday, Kiwiblog’s David Farrar posted about the story of “a Kiwi family in Australia who were desperate to get home, as there were serious mental health issues due to being stuck in […]
Credit Suisse’s chairman has resigned just nine months into the role after breaching COVID-19 quarantine rules – in fresh controversy for the global investment bank as it recovers from a string of scandals. Antonio Horta-Osorio’s departure was announced by the Switzerland-based lender on Monday in an abrupt move that comes less than a year after […]
Two 28-year-old developers are planning a $55 million housing project in one of the country’s most expensive suburbs. But because their scheme doesn’t comply fully with the Auckland Unitary Plan, a limited number of people are being invited to give feedback by early next month. Matthew Horncastle and Blair Chappell of Williams Corporation want to […]
Ovo Energy, the UK’s third-largest household supplier, has informed staff of its decision to cut its workforce by a quarter. Sky News reported on Wednesday evening that 1,700 roles were to be axed in a bid to save money as the industry battles crippling rises in the cost of raw energy, especially gas, that have […]
Ovo Energy, the UK’s third-biggest gas and electricity supplier, is to cut a quarter of its workforce as part of a restructuring aimed at saving costs amid the deepening industry crisis. Sky News has learnt that Ovo could announce details of its plans as soon as Thursday, with roughly 1,700 out of 6,200 roles expected […]
UK industrial company Johnson Matthey plans to close its battery materials business, employing 430 people, after failing to find a buyer. The announcement comes two months after JM said it was seeking to dispose of the business, killing off hopes for a British champion in a key industry in supporting the transition to electric vehicles. […]
Christmas retail and restaurant spending was held back last month as the spread of Omicron and restrictions to tackle it took their toll on shopping and partying, new industry data shows. Figures from the British Retail Consortium (BRC) and a separate monthly report from Barclaycard revealed how the COVID variant – and measures to tackle […]
FRANKFURT (Reuters) – Euro zone inflation rose unexpectedly last month, likely making for more uncomfortable reading at the European Central Bank, which has consistently underestimated price pressures and come under fire for this from some of its own policymakers.FILE PHOTO: People walk through the Mall of Berlin shopping centre during its opening night in Berlin, […]
Business Secretary Kwasi Kwarteng will hold further talks with energy suppliers on Wednesday as the government continues to explore ways of softening the blow of a forecast 50% increase to household energy bills. A third round of talks between industry and ministers in the week since the Christmas break comes after Boris Johnson said he […]