Home / 2022 / September (page 3)

Monthly Archives: September 2022

Coin designs for King Charles III released by UK’s Royal Mint

A five pound commemorative crown piece coin featuring the head of King Charles III held by an employee of the Royal Mint in London, UK, on Thursday, Sept. 29, 2022. Bloomberg | Bloomberg | Getty Images LONDON — The first coin featuring King Charles III was unveiled Friday and is …

Read More »

Euro zone inflation soars to a record 10%, piling pressure on the European Central Bank

Christine Lagarde, European Central Bank (ECB) president addresses a news conference following the ECB’s monetary policy meeting in Frankfurt, Germany, September 8, 2022.  Kai Pfaffenbach | Reuters Euro zone inflation hit a new record high of 10% in September, Eurostat data showed on Friday, up from 9.1% in August and …

Read More »

There are no American F1 drivers. McLaren CEO thinks he knows why

Formula One is revving up for the Singapore Grand Prix this weekend with a stunning cast of racers, but none of them are from the United States — and McLaren’s CEO Zak Brown has a theory about that. “The talents are there, the resources are there. It’s really about when …

Read More »

Biden and Xi need to resume Taiwan talks, think tank says  

A meeting between Biden and Xi at the upcoming G-20 Summit in November is on the cards, and that would be a good opportunity for the U.S. and China to start reengaging with each other, an analyst said. Mandel Ngan | Afp | Getty Images The United States and China …

Read More »

Britain’s Liz Truss to hold emergency talks with budget watchdog

Britain’s Prime Minister Liz Truss and Britain’s Chancellor of the Exchequer Kwasi Kwarteng. Dylan Martinez | Afp | Getty Images The IMF has since given a damning verdict of the measures laid out in the mini-budget, saying they will “likely increase inequality” and that the U.K. government should “consider ways …

Read More »

Is the UK now a buy? Analysts weigh in after market meltdown

A security guard stands outside the London Stock Exchange building on December 29, 2020. Tolga Akmen | AFP via Getty Images U.K. bond markets and the pound went into freefall this week as investors balked at the new government’s fiscal policy announcements, and some analysts believe opportunities are arising. The …

Read More »

Here are the top 15 start-ups to work for in Singapore

The days of easy money for start-ups are gone as interest rates soar and economic uncertainties loom. But according to a new study from LinkedIn, these 15 start-ups have risen above these challenges in Singapore.  In particular, fintech, education and telehealth start-ups dominated the list on the “LinkedIn Top Start-ups …

Read More »

Jobless claims hit five-month low despite Fed’s efforts to slow labor market

A person arranges groceries in El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., August 19, 2022. Sarah Silbiger | Reuters Initial filings for unemployment claims fell last week to their lowest level in five months, a sign that the labor market is strengthening even as the Federal …

Read More »

Australia’s house prices fall, interest rates rise but analysts say no crash yet

Newly built houses in the Denham Court suburb of Sydney, Australia. Mortgage rates have fallen to below 2% in recent years, but interest rates are rising rapidly in Australia. Bloomberg | Bloomberg | Getty Images SYDNEY — In a country where real estate ownership dominates barbecue conversations and dinner parties, …

Read More »

Nike (NKE) earnings Q1 2023

A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso, Texas on November 26, 2021. Paul Ratje | AFP | Getty Images Nike on Thursday said it had a strong first fiscal quarter despite supply chain issues, as well as …

Read More »