London
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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European stocks slide 2%, bond yields spike as traders fret over a possible recession
LONDON— European stocks tumbled on Monday as investor sentiment was dominated by the prospect of forthcoming interest rate hikes. The pan-European Stoxx 600 fell 2.2% by late morning, with tech stocks and autos shedding 3.8% to lead losses as all sectors and major bourses slid into negative territory. The slump in sentiment in Europe on […]
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European markets close lower after ECB meeting, U.S. inflation shock; Stoxx 600 down 2.7%
LONDON — European stocks closed lower on Friday as investors reacted to the European Central Bank’s latest policy decisions and a hotter-than-expected U.S. inflation print. The pan-European Stoxx 600 ended the day down 2.7%, with banks shedding 4.9% to lead losses as all sectors and major bourses closed in negative territory. The ECB on Thursday […]
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Harvey Weinstein to be charged in UK over assault claims
Former film producer Harvey Weinstein listens in court during a pre-trial hearing for Weinstein, who was extradited from New York to Los Angeles to face sex-related charges in Los Angeles, California, on July 29, 2021. Etienne Laurent | AFP | Getty Images British prosecutors said Wednesday they have authorized police to charge ex-film producer Harvey Weinstein with […]
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European markets cautious as investors gear up for U.S. inflation data; Credit Suisse down 5%
LONDON — European stocks were muted on Wednesday as investors prepare for the latest reading of U.S. inflation on Friday. The pan-European Stoxx 600 hovered around the flatline in early trade, with retail stocks adding 1.8% while basic resources shed 0.7%. Credit Suisse shares fell more than 5% after the embattled lender warned that it […]
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Boris Johnson hangs on as UK prime minister — just — but his days could be numbered
Johnson will visit Northern Ireland on Monday to hold emergency talks. Daniel Leal | Afp | Getty Images LONDON — U.K. Prime Minister Boris Johnson survived a vote of confidence on Monday night but discontent over his leadership is expected to rumble on, with analysts stating that his days in office are numbered. Monday’s vote […]
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UK PM Boris Johnson narrowly survives confidence vote triggered by lawmakers in his own party
British Prime Minister Boris Johnson was booed by crowds as he entered St Paul’s Cathedral on June 3 for the National Service of Thanksgiving to celebrate the Platinum Jubilee of Queen Elizabeth II. Wpa Pool | Getty Images Entertainment | Getty Images LONDON — U.K. Prime Minister Boris Johnson has survived a vote of confidence […]
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