It was February 2020. Brittany Jones had high expectations for the Atlanta-based Airbnb rental business she had just launched. “‘Oh wow, this is going to be great,’” she said she remembers thinking. “We were getting bookings fast, well into the summer.” The 34-year-old single mom was soon pouring her hard-earned savings into the venture as […]
Inflation has become one of those inescapable topics. In certain circles, everyone seems compelled to talk or write about surging prices, and some economists and bond mavens even sound as though they know where inflation is heading. But there are good reasons to question that aura of certainty. In fact, thanks to some new research, […]
Send questions about the office, money, careers and work-life balance to [email protected]. Include your name and location, or a request to remain anonymous. Letters may be edited. Dreaming of an Office Door I’m a communications professional interviewing for new jobs. My greatest hope for my next position is that it will not be remote and […]
DUBLIN (Reuters) -Ireland declined on Thursday to sign a statement backed by 130 of 139 countries negotiating a global overhaul of the taxation of multinational companies, balking at a proposed minimum rate of 15%, its finance minister said.Slideshow ( 2 images )Paschal Donohoe, also president of euro zone’s grouping of finance ministers, said Ireland supported […]
LONDON (Reuters) – Europe’s financial markets made a solid start to the second half of the year on Thursday, with stocks brushing off a rapid re-acceleration in coronavirus cases and oil and the dollar extending their H1 rallies.FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, […]
ZURICH (Reuters) – Credit Suisse expects to decide on a new strategy by the end of the year, Chairman Antonio Horta-Osorio said in his first interview since assuming the role at the troubled lender.FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd […]
HONG KONG (BLOOMBERG) – China Evergrande Group’s credit rating was cut by Moody’s Investors Service, the second downgrade by a global ratings company in less than two weeks. Moodys lowered the grade by one notch to B2, it said in a statement on Wednesday evening (June 30). “Although Evergrande has been reducing its debt to […]
SINGAPORE (THE BUSINESS TIMES) – Singtel has applied for a digital bank licence in Malaysia through its joint venture with Grab, together with a consortium of other investors, announced Singapore’s largest telco on Thursday. Citing guidance provided by Bank Negara Malaysia, Singtel said the country’s central bank will issue up to five digital bank licences […]
Auckland Airport says the burst transtasman bubble will dent traveller confidence but it has maintained earlier earnings guidance. For the full year it expects an after tax loss of between $35 million and $55m. Its chief executive, Adrian Littlewood, said transtasman flights were key to the airport’s recovery and the pause on passenger flights to […]
Auckland Airport says the burst transtasman bubble will dent traveller confidence but it has maintained earlier earnings guidance. For the full year it expects an after tax loss of between $35 million and $55m. Its chief executive, Adrian Littlewood, said transtasman flights were key to the airport’s recovery and the pause on passenger flights to […]