MADRID (Reuters) -Spanish bank Sabadell has reached a deal on Friday with a leading union to lay off up to 1,605 employees in its home market, fewer than the more than 1,900 initially planned.FILE PHOTO: People walk at the door of a Sabadell bank office in Barcelona, Spain, September 7, 2021. REUTERS/Albert Gea/File PhotoThe agreement […]
NEW YORK (Reuters) – U.S. stocks rose on Friday as Goldman Sachs was the latest big bank to report strong results and better-than-expected retail sales eased worries about demand.FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 12, 2021. REUTERS/Brendan McDermidThe three major stock […]
SHANGHAI (Reuters) -The spillover effect of China Evergrande Group’s debt problems on the banking system is controllable, a central bank official said on Friday, in rare official comments on a liquidity crisis at the massive developer that has roiled global markets.FILE PHOTO: The logo of China Evergrande is seen at outside China Evergrande Centre building […]
Just after midday today, an Auckland digger operator will board an Inflite Charters nine-seater jet to fly to Brisbane on a $7900 ticket his boss bought him. Stacey Anderson is going to Brisbane courtesy of Mike van Hest of Westpoint Earthmoving in Takapuna who took pity on Anderson’s separation from his family. Anderson will be […]
This country’s fashion industry should eventually take control of NZ Fashion Week, the event’s new owner Feroz Ali tells Jane Phare. But first, he says, New Zealand needs to figure out a better way to live with Covid-19. New Zealand Fashion Week owner Feroz Ali was in an MIQ hotel in Rotorua when he first […]
This country’s fashion industry should eventually take control of NZ Fashion Week, the event’s new owner Feroz Ali tells Jane Phare. But first, he says, New Zealand needs to figure out a better way to live with Covid-19. New Zealand Fashion Week owner Feroz Ali was in an MIQ hotel in Rotorua when he first […]
WASHINGTON (Reuters) – The International Monetary Fund’s steering committee on Thursday urged global policymakers to monitor pricing dynamics closely, but to “look through” inflationary pressures that are transitory and will fade as economies normalize.FILE PHOTO: International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings in Washington, […]
FILE PHOTO: Federal Reserve Bank of Richmond President Thomas Barkin poses during a break at a Dallas Fed conference on technology in Dallas, Texas, U.S., May 23, 2019. REUTERS/Ann Saphir(Reuters) – Richmond Federal Reserve President Tom Barkin on Thursday said the U.S. central bank has cleared a path for what he hopes to be a […]
Dairy nutrition company a2 Milk, once the second biggest listed company, has spent much of the year dragging the New Zealand sharemarket down. Now it is doing its darndest to pull the market up. Boosted by news that its main China daigou sales channel has improved, a2 Milk climbed another 32c or 4.64 per cent […]
SINGAPORE (Reuters) – Asian stock markets rose, the dollar eased and longer-dated bonds rallied on Thursday as investors reckoned on inflation bringing forward rate hikes around the world.FILE PHOTO: A man wearing a protective face mask amid the coronavirus disease (COVID-19) outbreak, looks at an electronic board displaying Japan’s Nikkei Index outside a brokerage in […]