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....10. According to Derek Halpenny, European head of global markets research at financial firm MUFG, the pound over the last five trading days “is by some distance the worst performing” of the 10 most heavily traded currencies in the world. ... [Read full article on Guardian ]
Friday 21st of July 2017 06:31:18 PM
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Britons travelling to Europe offered just €0.88 for £1 image
Source : Guardian [Read Article] Friday 21st of July 2017 06:31:18 PM
....10. According to Derek Halpenny, European head of global markets research at financial firm MUFG, the pound over the last five trading days “is by some distance the worst performing” of the 10 most heavily traded currencies in the world. ...
UK 'sleepwalking' into food insecurity after Brexit, academics say image
Source : Guardian [Read Article] Sunday 16th of July 2017 11:01:34 PM
....A spokeswoman for the Department for Environment, Food and Rural Affairs said the aim was to make Brexit “as frictionless as possible” and maintain trade with the EU. She added: “But we also want to provide stability for the sector when we leave the EU – which is why the repeal bill will make sure the laws and rules we have will, so far as possible, still apply and why our agriculture bill will make sure farmers can continue to compete domestically and on the global market. ...
US 'will become one of the world's top gas exporters by 2020' image
Source : Guardian [Read Article] Thursday 13th of July 2017 07:00:01 AM
....Overall, Sadamori said the key factor in the gas market in coming years would be production growth in the US and its emerging role as an exporter. “The ability of the gas fields in the US to provide large quantities at competitive prices will be the most important feature [of the gas market], not only to keep gas competitive for US power generation and industry customers, but also to further increase pipelines exports to Mexico, Canada and deliver LNG to the global market. ...
How an 'Airbnb for retail' is bringing entrepreneurs back to the high street image
.... On Appear Here, it takes three to six days. Our vision is to build a global marketplace where anyone with an idea can find space to bring it to life. ...
UK ministers move to allay Brexit fears over access to medicines image
Source : Guardian [Read Article] Tuesday 4th of July 2017 08:26:44 AM
.... Europe’s population of 500 million people represents 25% of the world’s total drug market. If Britain left the EMA and made its own arrangements to regulate drugs, it would be of much less priority to pharmaceutical firms because it would be as little as 3% of the global market. ...
British Weetabix seized by New Zealand customs in breakfast bowl battle with rival image
....In a statement Sanitarium’s general manager in New Zealand, Rob Scoines, was unmoved by her argument. “The Weet-Bix brand is protected by international law and in turn it is often precluded from being sold in other global markets due to the Weetabix trade mark,” he said. ...
Global beauty price gap revealed image
Source : BBC [Read Article] Thursday 29th of June 2017 06:10:15 PM
...."We hope that our index helps people more confidently interpret variations in costs associated with beauty around the world," said Linio's chief executive, Andreas Mjelde. "Increasingly, the average citizen is a global one, and with a better understanding of global markets comes empowerment to travel, shop and live smarter. ...
UK car output fell 10% in May, says SMMT image
Source : BBC [Read Article] Thursday 29th of June 2017 08:48:04 AM
...."Global demand is strong and exports remain the driving force for British car production volumes in the UK. "Maintaining our current open trade links with Europe, our biggest market, and further developing global markets is vital for this sector. ...
Banks should disclose lending to companies with carbon-related risks, says report image
....The report follows a draft published in December 2016, for which the TCFD received hundreds of submissions from respondents in 30 countries. “Climate change presents global markets with risks and opportunities that cannot be ignored, which is why a framework around climate-related disclosures is so important,” Bloomberg said in a statement. ...
Global beer sales drying up, says report image
Source : BBC [Read Article] Sunday 4th of June 2017 11:51:14 AM
....Beer sales continued to slide last year and the trend towards cider sipping stalled. The global market for all alcoholic drinks contracted 1. ...
Disappointing US jobs figures knock markets off peak image
Source : Guardian [Read Article] Friday 2nd of June 2017 05:47:06 PM
....25% after taking rates to near zero in the aftermath of the 2008 financial crash. It has taken a cautious approach to increasing rates after the turmoil in global markets triggered in 2014 by hints from Fed bosses that higher long-term interest rates were likely. ...
Scunthorpe steelworkers enjoy the rewards of act of faith in new owner image
....The intense light and heat given off by this industrial process seemed at risk of being snuffed out just 18 months ago as the once sturdy UK steel industry looked doomed. Overcapacity in Europe, slow demand and competition from Chinese steel producers that were flooding the global markets with cheap subsidised product made for a bleak future. ...
Affordable art image
Source : BBC [Read Article] Tuesday 16th of May 2017 11:00:59 PM
....For the 52-year-old, selling outside the UK has broadened his opportunities. "Access to the global market is a massive plus. ...
Gene genie image
Source : BBC [Read Article] Monday 15th of May 2017 11:01:39 PM
....A growing number of start-ups, such as 23andMe, FitnessGenes, UBiome, DNAFit, Orig3n and Habit, are moving into this space, promising that mail-order genetic tests can change your life for the better. Some researchers believe the global market for such kits could be worth more than $10bn (£7. ...
Households in South East England told to use water wisely image
Source : BBC [Read Article] Saturday 13th of May 2017 01:42:54 AM
....A spokesman said it was too early to say whether agricultural production would be down, as that would depend on the weather over the next few weeks. However, prices are unlikely to be affected, as they are determined by global markets. ...
Superstar economics image
Source : BBC [Read Article] Sunday 7th of May 2017 11:30:01 PM
.... . Performers such as Charlie Chaplin could reach a global market just as easily as the men of industry described by Alfred Marshall. ...
What’s it like to lose £350m? A rogue trader confesses image
Source : Guardian [Read Article] Sunday 7th of May 2017 08:00:27 AM
. In 2009, shortly after the global markets had suffered their worst crisis for 90 years, Alexis Stenfors was working as a currency trader for Merrill Lynch in London. ...
Mine the gap: Transport for London hopes to profit from licensing its brand overseas image
....Transport for London (TfL) has struck its first global licensing deal, aiming to create a £100m a year branding business. From designer chairs using tube seat patterns and lamps inspired by bus headlights to London underground map tea towels, its own fashion brand and limited edition sets of Scrabble, TfL plans to take its successful UK licensing programme to global markets. ...
Smart doggy image
Source : BBC [Read Article] Monday 1st of May 2017 11:13:13 PM
.... . Pet tech is a booming industry, with the global market predicted to reach $2. ...
Cycling fashion outfit Rapha plots route into the fast lane image
Source : Guardian [Read Article] Monday 1st of May 2017 01:44:14 PM
....5bn miles cycled in 2016 – 23% above the figure for 10 years before – but the experience of mainstream chains such as Halfords points to a nation of fair weather cyclists with peaks and troughs as the euphoria created by Team GB is dampened by summer rides in lashing rain. The global market for cycling paraphernalia is estimated to be worth $47bn – five times that of golf – according to the consultants OC&C, with Rapha seeing scope to move beyond this year’s target of 20 clubhouses to 100 around the world. ...
Sir Martin Sorrell's pay package plunges from £70m to £48m image
Source : Guardian [Read Article] Friday 28th of April 2017 10:22:43 AM
.... In 2012, during what became known as the shareholder spring, nearly 60% of investors rejected his annual package for the previous year. Last year, Sorrell defended his remuneration, arguing that he had put three decades of his life into turning WPP from a maker of wire baskets into a global marketing business worth £22bn. ...
WPP to cut Sir Martin Sorrell's pay to £15m in bid to calm investors image
Source : Guardian [Read Article] Thursday 27th of April 2017 08:05:41 PM
.... In 2012, during what became known as the shareholder spring, nearly 60% of investors rejected his annual package for the previous year. Last year, Sorrell defended his pay package, arguing that he had put three decades of his life into building WPP from a maker of wire baskets into a £22bn global marketing business. ...
Credit Suisse plans £3bn fundraising to boost capital image
Source : BBC [Read Article] Wednesday 26th of April 2017 06:27:10 AM
.... . Bernstein analyst Chirantan Barua said: "The capital raise should be enough to allay concerns in the near term, but doesn't really give the franchise the flexibility to see it through a downturn or meaningfully compete in global markets. ...
Packing a punch image
Source : BBC [Read Article] Sunday 23rd of April 2017 06:58:24 AM
...."That's all quite new," Black says. Singer, who predicted the 2008 financial crash and warned of risks in the global market last year, doesn't limit his calls for new leadership to business either. ...
Congested, polluted and with car jobs at risk, Stuttgart reaches a crossroads image
....Because Germany sells its cars largely to China, the knock-on effects of what happens there will be huge, he says. “The plan by the Chinese to clean up pollution in their cities by introducing more and more electric cars will drive the global market. ...
What businesses want from the talks image
Source : BBC [Read Article] Tuesday 28th of March 2017 11:01:52 PM
.... The flipside of JIT is that border delays could wreak havoc on the whole operation. "This is not just about maintaining tariff-free trade with the EU and other global markets," says Tamzen Isacsson, communications director at automotive trade body SMMT. ...
​Sweet Brexit: what sugar tells us about Britain’s future outside the EU image
.... In theory, it is still allowed to import zero-tariff sugar from a handful of designated markets such as Fiji, Belize and Guyana and that are seen as supporting international development goals. But in practice, Tate & Lyle executives claim that this restricts its ability to tap into the global market price and says the EU-generated cost on each of the giant cargo ships that pull up at its wharf on the Thames can reach €2-3m a time. ...
FTSE 100 falls as pound jumps against dollar image
Source : BBC [Read Article] Monday 27th of March 2017 08:11:23 AM
. Worries over whether Donald Trump will be able to push through planned tax and spending changes in the US had a ripple effect across global markets. ...
Dyson 'enormously optimistic' about post-Brexit trade image
Source : BBC [Read Article] Monday 27th of March 2017 06:01:32 AM
.... . In an interview with the BBC, Sir James said: "Europe's only 15% of the global market and the really fast-expanding markets are in the Far East. ...
Brexit Britain is suddenly debating trade – but it's the wrong talking point | Larry Elliott image
....Lamy then outlined a few of the more complex issues. The EU has defences to protect against the dumping of goods at below global market prices. ...
French advertising giant pulls out of Google and YouTube image
Source : Guardian [Read Article] Friday 17th of March 2017 03:08:24 PM
. A French advertising group that has clients including O2, EDF and Royal Mail has become the first of the major global marketing companies to pull all its ad spend from Google and YouTube. ...
Obesity crisis image
Source : BBC [Read Article] Wednesday 15th of March 2017 12:04:40 AM
.... Subsidies in countries such as Malaysia and Indonesia, aimed at ramping up production for export, have helped to lower the cost of vegetable oil, for example. "Competing in a global market requires a highly efficient production process driving scale and cheapness. ...
Sir Martin Sorrell's £42m payout takes earnings to £210m in five years image
....“This is the final outcome of the wholly performance-related Leap scheme which was replaced in 2013 with a new long-term scheme with a much-reduced opportunity approved by share owners,” said a WPP spokesman. Last year, Sorrell defended his pay package arguing he had put three decades of his life into building WPP from a maker of wire baskets into a £21bn global marketing business. ...
Peugeot sale is an 'opportunity', says Clark. An opportunity for pigs to fly | John Crace image
.... Several MPs pressed him on business rates. As they went up if companies invested in new plant and machinery, what was the incentive for Peugeot to keep Vauxhall competitive in a global market? Clark shrugged. ...
Brexit without trade deal would open Pandora's box, says CBI chief image
Source : Guardian [Read Article] Thursday 2nd of March 2017 06:25:49 PM
....”. However, Steve Baker, who chairs the influential European Research Group of Conservative MPs, said Drechsler was exaggerating the risks of falling back on the WTO, the Geneva-based institution that polices the global marketplace. ...
Trump promises 'aggressive' action on trade to protect US image
Source : BBC [Read Article] Thursday 2nd of March 2017 02:08:52 PM
.... . Too often, the report says, Americans have been put at an unfair disadvantage in global markets. ...
Windfarms aren’t the real reason energy bills are rising. Blame the free market image
....The government has no power to manage wholesale electricity and gas prices, inside or out of the EU. We are, as one energy industry chief said recently, “overexposed to global markets over which we have no control”. ...
The Bank of England fears it may not spot the next crisis. Here’s where to look image
.... Too many companies are valued in excess of 40 times earnings, which means they will struggle to make a satisfying return for investors. All it takes is for those assumptions to be challenged by a collective panic and in a short space of time those values could be turned on their heads – with an ensuing impact on the confidence of British and global markets. ...
Qantas profits buffeted by competition headwinds image
Source : BBC [Read Article] Thursday 23rd of February 2017 01:43:50 AM
.... . The company did not give annual profit guidance as the short-term outlook remains subject to variable factors, including "oil price movements, foreign exchange movements and global market conditions". ...
UK offshore wind 'will lower energy bills' more than nuclear image
Source : Guardian [Read Article] Sunday 12th of February 2017 01:30:13 PM
....Three of the UK’s big six energy suppliers have announced price increases as their costs have risen, the bulk of which are higher wholesale prices. “We are perhaps a little bit overexposed to global markets over which we have no control, which fluctuate over time,” McNeal said. ...
Former Rolls-Royce boss questioned in corruption inquiry image
Source : Guardian [Read Article] Friday 10th of February 2017 11:31:33 AM
....While boss of Rolls-Royce, Rose was regarded as a captain of industry and a leading figure in British business. When Rose announced his retirement from Rolls-Royce in 2010, Sir Vince Cable, then the business secretary, described him as a “champion of UK advanced manufacturing” and praised the “huge contribution he’s made to strategic thinking both within business and government on growing global market share”. ...
Npower prices hike sparks crackdown threat against energy providers image
Source : Guardian [Read Article] Friday 3rd of February 2017 10:09:47 AM
....With average household bills for npower’s dual fuel customers expected to increase from £1,077 to £1,187 a year, Claire Osborne, energy expert at the price comparison website uSwitch, said: “This price rise – the largest single rise from a big six supplier since 2013 – is a bitter blow for consumers who have just come out of a very chilly winter. “Npower has blamed the rise on the increased cost of buying energy in global markets – but they weren’t so quick to reduce energy bills when wholesale prices were low. ...
Trump’s honeymoon with the stock market will soon be over | Nouriel Roubini image
....Fifth, Trump is questioning US alliances, cosying up to American rivals such as Russia, and antagonizing important global powers such as China. His erratic foreign policies are spooking world leaders, multinational corporations and global markets generally. ...
Business leaders call for transport revolution to rebalance UK economy image
Source : Guardian [Read Article] Thursday 2nd of February 2017 06:00:22 AM
.... It is this combination of world-class domestic and international connectivity that is needed to ensure the goals of the northern powerhouse independent economic review and the UK’s new industrial strategy are realised. “That is why government must seize the opportunity presented by the creation of a new aviation strategy to act on the recommendations of this report and and deliver the appropriate policy to enable UK airports to secure as many connections with global markets as possible. ...
UK manufacturing's strong January is dented by spike in import costs image
Source : Guardian [Read Article] Wednesday 1st of February 2017 01:49:03 PM
....But Hopley was more upbeat about the industry’s immediate prospects. “Rather than this being a case of the PMI defying gravity, the expansion in activity is being driven by more upbeat conditions at home and [by] demand in global markets [being] on a more stable footing than businesses have seen for some time. ...
Weetabix warns it may raise prices due to fall in pound since Brexit vote image
....During a BBC interview, Giles Turrell, the Weetabix chief executive, said price rises would be a “last resort”. Although the company harvests wheat in Northamptonshire, it is sold in US dollars on global markets, meaning the cost in pounds to buy wheat in the UK has gone up. ...
Britain has grown rich by chasing the cash. Now it has lost the scent | Will Hutton image
.... “No one will emerge as a winner in a trade war. ” The global market, he argued, was an inescapable “vast ocean” that had to be embraced to win growth not only for oneself – but for everyone. ...
Quitting EU regulator 'would leave UK waiting longer' for new drugs image
Source : Guardian [Read Article] Saturday 28th of January 2017 07:00:48 AM
.... Its resident population of 500 million people represents 25% of the world’s total drug market. If Britain left the EMA and made its own arrangements to regulate drugs, it would be of much less priority to pharmaceutical firms because it would be as little as 3% of the global market, Acha added. ...
Globalisation once made the world go around. Is it about to grind to a halt? image
....His speech was like one normally expected of an American president. Countries must resist the temptation to retreat into harbour, the world leader said to a packed and admiring audience, but instead have the courage to swim in the vast ocean of the global market. ...
Xi Jinping signals China will champion free trade if Trump builds barriers image
Source : Guardian [Read Article] Tuesday 17th of January 2017 03:50:06 PM
....China’s move towards open markets had been choppy, with plenty of whirlpools and choking along the way,” Xi added. “But we have learned to survive, and we must have the courage to keep swimming in the global market. ...
FTSE 100 closes at new high in longest-ever winning streak image
Source : Guardian [Read Article] Tuesday 10th of January 2017 12:19:08 PM
....”. The FTSE 100’s rise is also part of a general move higher for most major global markets after the surprise election of Donald Trump as US president, and his promise to boost spending on infrastructure and introduce other measures to lift the US economy. ...
Economists dispute claim that Brexit could create 400,000 jobs image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 10:27:25 AM
....The pro-single market campaign group Open Britain, the continuity arm of Stronger In, called the report “misleading, fantasy figures” that undermined the case for leaving the customs union. The Labour MP Phil Wilson, an Open Britain supporter, said: “The EU helps increase the UK’s global trade links, giving our economy access to over 50 other global markets. ...
Chinese manufacturing sector expands for fifth consecutive month image
Source : Guardian [Read Article] Sunday 1st of January 2017 03:12:29 PM
.... A year ago the index was at 49. 7, and the start of 2016 saw global markets spooked by worries of a severe slowdown in the world’s second largest economy, but since then it has been slowly recovering. ...
A tumultuous year: the 2016 global economy in 10 charts image
Source : Guardian [Read Article] Friday 30th of December 2016 04:04:05 PM
.... It recovered as the year went on, with a spike in November after Trump’s victory but, at 961 points, it remains well below its peak of 11,793 points in May 2008. The year began with fresh concerns about the extent of China’s economic slowdown, sending shockwaves through global markets. ...
Brexit, Trump and 25 spoons of sugar: our top business stories of 2016 image
Source : Guardian [Read Article] Thursday 29th of December 2016 12:13:55 PM
....The fallout from the Brexit vote dominated our business coverage in 2016, led by Graeme Wearden and his daily live blog. Six of our 10 most-read articles covered the aftermath of the shock referendum result, from the trillions wiped off global markets to the plummeting pound and the prospect of negative interest rates. ...
Do you feel me? image
Source : BBC [Read Article] Friday 23rd of December 2016 12:16:24 AM
....But observers believe the technology, which has been in development for decades, is finally ready to hit the big time thanks to faster processors, cheaper sensors and the take-up of VR headsets. The global market for haptics tech is forecast to reach nearly $20bn (£16bn) by 2022, according to research firm Research and Markets. ...
Velvet dress sales put Zara owner firmly in fashion image
Source : BBC [Read Article] Wednesday 14th of December 2016 11:02:59 AM
.... Its items are designed, made and shipped to stores often in less than a month, which boosts its profitability. "Few other major clothing retailers can match the mid-teens [percentage] sales growth that Inditex has achieved in difficult global markets this year," analysts at Liberum said. ...
Mark Carney: firms must come clean on exposure to climate change risks image
Source : Guardian [Read Article] Wednesday 14th of December 2016 05:30:17 AM
....”. Bloomberg has been heading a taskforce into climate-related financial disclosures set up in December 2015 by the Financial Stability Board, an international body established by the G20 in the aftermath of the 2008-09 crash with the aim of reducing risks in global markets. ...
Palm oil giant Olam accused over sourcing image
Source : BBC [Read Article] Monday 12th of December 2016 11:54:03 AM
....Indonesia is often blamed for not doing enough to tackle the agriculture fires used to clear vegetation for palm oil, pulp and paper plantations in the Riau province in East Sumatra, South Sumatra, and parts of Kalimantan on Indonesian Borneo. Singapore-based Olam has confirmed that it buys 99% of its palm oil from third party suppliers and while it is a relative newcomer to the industry, it says it accounts for less than 1% of the global market. ...
Non-Opec countries agree to cut oil output image
Source : BBC [Read Article] Saturday 10th of December 2016 07:23:02 PM
....The group of states, which includes Russia, said on Saturday that they will cut supplies by 558,000 barrels per day. Opec announced last month that it would be slashing its own production to ease an oversaturated global market. ...
Related to :
Four major cities move to ban diesel vehicles by 2025 image
Source : BBC [Read Article] Friday 2nd of December 2016 01:59:23 AM
.... Carmakers will look at this decision and know it's just a matter of time before other city mayors follow suit. The history of vehicle manufacture shows that firms that do not keep up with environmental improvements will fail in a global market. ...
Opec deal pushes oil price up to $54 a barrel image
Source : Guardian [Read Article] Thursday 1st of December 2016 06:38:22 PM
....3% on the back of the rising oil price, announced it was going ahead with a $9bn expansion of its Mad Dog field in the Gulf of Mexico. Opec’s deal was possible because Saudi Arabia abandoned its strategy of flooding the global market with oil in an attempt to drive US shale producers out of business. ...
Dethroning Mammon image
Source : BBC [Read Article] Thursday 1st of December 2016 05:29:30 AM
....The first four chapters attempt to deconstruct the purely materialist view of assets: . Having spent 11 years working in the energy business prior to joining the Church - rising to group treasurer of Enterprise Oil - Archbishop Welby critiques the worst excesses of City financiers who created mortgage-backed securities that tanked the global markets in 2008. ...
Cars could cost £1,500 more after single market exit image
Source : Guardian [Read Article] Tuesday 29th of November 2016 09:00:00 PM
....Addressing industry leaders and government officials at its 100th annual dinner in London, the SMMT’s president, Gareth Jones, said: “We must make the right decisions on trade, on regulation and on business competitiveness. [The industry wants] membership of the single market, consistency in regulations, access to global talent and global markets, and the ability to trade abroad free from barriers and red tape. ...
Theresa May should ignore objections to publishing pay ratios | Nils Pratley image
.... The election of Donald Trump, threatening trade wars and protectionism, is unlikely to improve the investment appeal of emerging markets, where the Aberdeen name is strongest. The fund manager is probably right that Trump, Brexit and European elections “will contribute to ongoing volatility in global markets in the short term” and that it is difficult to make longer-term judgments. ...
Machine food image
Source : BBC [Read Article] Friday 25th of November 2016 12:36:28 AM
....Japanese firm Spread's automated vegetable factory in Kyoto, due to launch next year, could produce 30,000 lettuces a day, the company says. It stretches up, instead of across undulating fields, because "in countries like Japan, where land is actually a very scarce resource, it makes more sense to stack your production, just like a skyscraper," says JJ Price, Spread's global marketing manager. ...
UK investment in tech and transport among world's worst, says TUC image
Source : Guardian [Read Article] Wednesday 16th of November 2016 06:01:11 AM
....“It’s the right thing to do for better jobs and higher wages. And it’s the best way to build an economy strong enough to compete in the global marketplace. ...
US Election 2016: Markets meltdown fails to materialise image
Source : BBC [Read Article] Wednesday 9th of November 2016 08:29:31 AM
....Share traders had expected Hillary Clinton to beat Mr Trump to become the next US president. His victory initially sent money flowing into safe haven stocks, gold and currencies including the yen, but as the day has gone on global markets have recovered. ...
Global stock markets rise ahead of election results image
Source : BBC [Read Article] Tuesday 8th of November 2016 10:50:26 PM
.... Don't forget the markets priced in a Remain win in the Brexit referendum and got it wrong," said Nigel Green, chief executive of deVere Group. He warned a victory for Mr Trump could deliver a "double whammy negative impact" on global markets because they are expecting Mrs Clinton to win. ...
Sounds far-fetched image
Source : BBC [Read Article] Monday 7th of November 2016 12:10:30 AM
.... . "It gives independents a channel to reach global markets such as the US, Brazil, China and Russia as well as Europe. ...
Boardrooms 'need more ethnic diversity' image
Source : BBC [Read Article] Wednesday 2nd of November 2016 12:02:51 AM
....He added: "Ethnic minority representation in the boardrooms across the FTSE 100 and 250 is disproportionately low. "This is not an exercise of tokenism; the recommendations are underpinned by strong industrial logic and the need for UK companies to be competitive in the increasingly challenging global marketplace. ...
Smelting pot image
Source : BBC [Read Article] Wednesday 26th of October 2016 11:27:01 PM
.... . They feel like local problems, but Mr Redd feels his misfortune can be partly blamed on China, which has been accused of dumping massive quantities of aluminium onto the global market, forcing prices down to levels that are simply too low for US rivals to compete against. ...

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