Citi is ordering its low-performing remote workers back to the office Low performers don't get to work remotely, CEO Jane Fraser said at Davos. Fortune · Jan 19, 2023
The difference between points, miles, and cash back—plus some of the major benefits and drawbacks Credit card rewards can help you save big, but not all rewards cards are built equally. Here’s how to choose. Fortune · Jan 13, 2023
Meet Pietro Beccari: The new CEO of Louis Vuitton French luxury house, Louis Vuitton Malletier, also known as Louis Vuitton is witnessing a management change. The chairman of the company, Bernard Arnault has reshuffled top management. Now, Pietro Beccari, who has been the head of Dior since 2018, will replace long-time Louis Vuitton CEO Michael Burke and Bernard has… The Times of India · Jan 13, 2023
LVMH Names New Louis Vuitton CEO, Puts Arnault Daughter in Charge of Dior LVMH Chairman and CEO Bernard Arnault has reshuffled top management at his luxury goods empire, tightening his family's grip with the appointment of his daughter Delphine to lead Christian Dior, and naming a new boss for Louis Vuitton. Pietro Beccari, who has been the head of Dior since 2018, is… Asharq Al-Awsat · Jan 11, 2023
Mergers shake up the landscape Amid economic challenges and rapid changes in various sectors, the strategic approach of mergers and acquisitions (M&A) was used to help businesses stay afloat and elevate their competitiveness, in addition to partnership agreements. Bangkok Post · Dec 28, 2022
Biggest CEO successes and setbacks: 2022’s triumphs and 2023’s challenges How the likes of Satya Nadella, Elon Musk, Mark Zuckerberg, and Cathie Wood did in 2022–and the challenges that await them in 2023. Fortune · Dec 21, 2022
New York GOP leader calls accusation of faked bio for new GOP House member 'serious' Rep.-elect George Santos won a House seat on Long Island in November but now much of his biography and resume appear to have been invented. WEKU · Dec 19, 2022
Citi CEO Jane Fraser: ‘If grandma’s investing in crypto, we better have protections in place.’ Until investor protections are established, traditional banking won't fully jump into the crypto fray. Fortune · Nov 30, 2022
China to make 'substantial' COVID policy changes soon - ex-govt expert China will make substantial changes to its "dynamic-zero" COVID-19 policy in coming months, a former Chinese disease control official told a conference hosted by Citi on Friday, according to a recording of the session heard by Reuters. Reuters · Nov 4, 2022
UOBT wants to double its local retail customer base United Overseas Bank (Thai) or UOBT has set an ambitious goal to double its retail customer base in the Thai market over the next several years after an integration between UOB Group and Citigroup's consumer banking businesses. Bangkok Post · Nov 1, 2022
Big-Name Banks Test Out Climate for Chinese U.S. Listings with Atour Application Key Takeaways: Atour could become the biggest U.S. IPO by a Chinese firm in more than a year with its latest listing application to raise more than $300 million Benzinga · Oct 10, 2022
OPEC+ cuts oil production by 2m barrels a day despite US pressure US expresses disappointment in move that could spur an increase in oil prices, which had dropped in recent months. Al Jazeera · Oct 5, 2022
OPEC+ agrees deep oil production cuts, Biden calls it shortsighted OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West as the U.S. administration called the surprise decision shortsighted. Reuters · Oct 5, 2022
Oil Price Dips as Dollar Strengthens, Demand Weakens Oil prices retreated slightly on Thursday after gaining more than $3 in the prior session, with a strong dollar capping oil demand from buyers using other currencies and concerns over the faltering economic outlook clouding market sentiment. Brent crude futures fell 41 cents, or 0.5%, to $88.91 per barrel by… Asharq Al-Awsat · Sep 29, 2022
Evening Standard · Sep 28, 2022 Keir Starmer calls for emergency Parliament recoil amid turmoil in UK financial markets ‘What the Government needs to do now is recall Parliament and abandon this budget’
Daily Mirror · Sep 28, 2022 Shoppers paying 10.6% more for food than a year ago as inflation hits record high Shop prices rose by 5.7% in September, up from 5.1% in August. Food price inflation soared past last month's 9.3% to 10.6%, driven by the war in Ukraine which is pushing up prices
Reuters · Sep 21, 2022 U.S. bank CEOs back Fed hikes during congressional grilling on economy, China ties The country's top bank chiefs endorsed U.S. Federal Reserve rate hikes as a means to tame soaring inflation, while acknowledging there will be pain ahead, when appearing before Congress during a wide-ranging and mostly sedate hearing on Wednesday.
ABC News · Sep 13, 2022 'Chasm' between weak consumers and booming businesses widens. How and when will it close? Australian households are feeling "deeply pessimistic", but they are still spending money and business confidence keeps booming.
Birmingham Post · Sep 9, 2022 Citigroup to hire another 400 at Belfast base - report The move sees the US bank continue to grow its presence in Northern Ireland having first set up a base here 2004
Daily Mirror · Aug 27, 2022 Liz Truss 'considering nuclear VAT cut' to combat cost of living crisis The Treasury is set to suggest plans which are modelled on Gordon Brown's response to the 2008 financial crisis to help households across the country battle against rising energy bills
Asharq Al-Awsat · Aug 25, 2022 Oil Prices Rise on Potential OPEC+ Supply Cuts Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output, and the partial shutdown of a US refinery. Brent crude rose 59 cents, or 0.6%, to $101.81 a barrel by 0400 GMT, while US West Texas Intermediate…
Daily Mirror · Aug 24, 2022 Join us LIVE as we explain what to do right now before energy price cap announcement Consumer champion Will Hodson from How To Save It will be joined by Mirror Money reporter Sam Barker at 1pm this afternoon to answer your questions about rising energy bills
Birmingham Post · Aug 24, 2022 Asset finance firm Propel boosted with new £500m financing round The Newport-based firm is looking to accelerate asset lending to SMEs across the UK
Daily Mirror · Aug 22, 2022 Energy companies call for halt to price hikes as households face £5,000 bills Several energy firms want to freeze energy bills at their current level, with a massive pot of cash that will be paid off later down the line by tax - or higher bills when prices drop again
Manchester Evening News · Aug 22, 2022 Warning that inflation could hit 18% at start of new year Experts forecast that Consumer Price Index inflation will reach 18.6% in January