London
European stocks close slightly higher; Prosus up nearly 16% on Tencent share sale plan
LONDON — European stocks closed slightly higher on Monday, as a positive trend seen at the end of last week’s trading lost some momentum. The pan-European Stoxx 600 index provisionally ended 0.6% higher, having traded up more than 1% earlier in the session. Mining stocks rose over 2% to lead the gains. In terms of […]
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European stocks log best session in more than 3 months; tech shares gain 3.8%
LONDON — European markets closed sharply higher on Friday to end a volatile week, as investors around the world assessed inflation and fears of an economic recession. The pan-European Stoxx 600 index closed up by 2.6% provisionally, its best day in more than three months, with tech shares adding 3.8% to lead gains as all […]
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Double blow for UK’s Boris Johnson as he loses two key by-elections
Campaign posters in Wakefield, West Yorkshire, ahead of a key by-election triggered after Conservative MP Imran Ahmed Khan was convicted of sexually assaulting a minor. Daniel Harvey Gonzalez/In Pictures via Getty Images LONDON — U.K. Prime Minister Boris Johnson has suffered a double blow at the ballot box as his party lost two key parliamentary […]
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Labor market ‘worse than the 1970s’ as strikes hit UK, Nobel Prize-winning economist says
A usually busy Waterloo Station is almost empty in London on June 21, 2022 as the biggest rail strike in over 30 years hits the UK. Ben Stansall | Afp | Getty Images LONDON – The labor market is “worse than the 1970s,” with massive rail strikes in the U.K. offering a sign of things […]
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A travel pro’s ‘secret’ for easing into work mode after a long vacation
Remote work makes it easier than ever to take a working vacation — you can travel to a new location, log in during the day and essentially get away without having to use your PTO days. But a lot of people are coming back from these “breaks” even more burned out than when they left. […]
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‘The system is rusty’: Executives defend industry as airlines cancel scores of flights
Air travel is roaring back, but not without some significant hiccups. Particularly in North America and Europe, travelers have described chaos at airports, with scores of flights canceled or delayed, luggage lost and wait times to board planes exceeding four hours. That’s partly the result of labor shortages from the pandemic, as layoffs have put […]
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Four-day week? These firms say they’ve nailed the new working model and profits are good
When Alice Will and her team at Edinburgh-based food and drink marketing agency Lux decided to trial a four-day working week back in January 2020, they chose not to tell clients as a way of testing its effectiveness. “If our clients don’t notice, then that’s a huge measure of whether it’s working … none of […]
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European markets set for lower open as investors reflect on economic uncertainty
LONDON — European stocks are expected to open lower on Monday after a tumultuous trading week last week. The U.K.’s FTSE index is seen opening 15 points lower at 6,980, Germany’s DAX 28 points lower at 13,089, France’s CAC 40 down 37 points at 5,850, and Italy’s FTSE MIB down 73 points at 21,528, according to […]
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The world’s most valuable sneakers originally retailed for $60—now they’re selling for $90,000 online
The most devoted “sneakerheads” will wait in long lines and shell out huge sums to land their most coveted footwear. So it’s no surprise that a ranking of the most valuable sneaker investments from discount code website DealA found some pairs of iconic Nike kicks on reselling site StockX fetching as much as a nearly […]
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European stocks head for mixed open as global markets are rattled by central banks
LONDON — European stocks are expected to open in mixed territory on Tuesday after sharp declines in global markets on Monday amid fears that central banks will be forced into aggressive monetary policy tightening with inflation remaining high. The U.K.’s FTSE index is seen opening 23 points higher at 7,226, Germany’s DAX 44 points higher […]
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