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Money › Finance

Uniper in nationalisation talks with German government

Financial Times | Sep 14, 2022 at 2:13 PM

…Under the bailout agreed in July, the company was given access to as much as €7.7bn in government support, as required, while a credit line from German state-owned development bank KfW was increased from…

Dozens of staff at King Charles’s former residence told they could lose jobs

Financial Times | Sep 14, 2022 at 1:54 PM

…in Edinburgh. Among those who received the notice were private secretaries, the finance office, the communications team and household staff. A person familiar with the…

Naked Wines shares dive on profitability concerns

Financial Times | Sep 14, 2022 at 1:26 PM

…by mutual consent” and is not being replaced. James Crawford, who was finance director for five years until 2020 and now runs the group’s…

Fresh concern about the state of ESG benchmarks

Financial Times | Sep 14, 2022 at 1:00 PM

…No bank had published details of its climate-related lobbying activities such as meetings with regulators, policy submissions or political donations….

Japan steps up yen ‘psychological warfare’ with calls to traders

Financial Times | Sep 14, 2022 at 12:03 PM

…Next week the Fed, the Bank of England and the Swiss National Bank are all expected to raise rates. Investors think the Fed’s rise could be as large as a full percentage point….

EU Plans “Comprehensive Reform” of Electricity Market

Kyiv Post | Sep 14, 2022 at 11:36 AM

In her speech, she highlighted the stranglehold China has over resources such as lithium that are key to the energy transition.

Redrow becomes latest developer to point to a cooling market

Financial Times | Sep 14, 2022 at 11:11 AM

…In recent weeks, banks including HSBC have published a series of gloomy notes predicting house prices will slide as a result of high inflation and rising interest rates….

US creates fund to disburse $3.5bn of frozen Afghan bank reserves

Financial Times | Sep 14, 2022 at 11:00 AM

…In a letter to the Afghan central bank this week, Adeyemo laid out the conditions that it would have to meet for its central bank reserves to be returned to the country from the new fund….

Citi opens Málaga hub for junior bankers as talent battle heats up

Financial Times | Sep 14, 2022 at 10:15 AM

…The US bank selected 27 analysts from more than 3,000 applicants for the two-year programme, which started on Wednesday….

Bank of East Asia downplays concerns over executive’s arrest

Financial Times | Sep 14, 2022 at 8:22 AM

…Net profit for the bank’s Chinese arm collapsed 99 per cent in the first half of the year to just HK$2mn….

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