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UAE central bank backs anti-money laundering
article author: Reuters Fri, 2020-09-25 02:22 DUBAI: The UAE central bank has said that banks should increase anti-money laundering efforts to safeguard financial stability in the country. “To mitigate the … Read More
World on track to overshoot warming limit without massive investments
article author: Reuters Fri, 2020-09-25 02:01 LONDION: The world must combine COVID-19 recovery packages with massive investments in renewable energy and low-carbon infrastructure or it will fail to meet a … Read More
Arabtec Holding said to hire AlixPartners for debt advisory
Author: article author: Reuters Fri, 2020-09-25 02:31 DUBAI: Dubai-listed contractor Arabtec Holding has hired advisory firm AlixPartners to help it restructure the company’s debt, two sources familiar with the matter said. … Read More
Cineworld may need more money if doors close again
article author: Reuters Author: Thu, 2020-09-24 23:36 LONDON: Cineworld said on Thursday it might need to raise more money if it is required to shut its theaters again following fresh … Read More
Carbon capture key to global climate targets, warns IEA
Author: article author: Reuters Fri, 2020-09-25 01:20 OSLO: A sharp rise in the deployment of carbon capture, utilization and storage (CCUS) technology is needed globally if countries are to meet … Read More
Rishi Sunak’s jobs plan reduces the immediate risk, but it’s flawed
The job support scheme looks fiddly, and unemployment looks sure to rise sharply “I cannot save every business, I cannot save every job,” said Rishi Sunak. We knew that, of … Read More
Rishi Sunak warns jobs plan will not stem UK’s rising unemployment
Chancellor says Britain faces winter of business failures and job losses due to Covid impact Key points from Rishi Sunak’s winter economy plan – at a glance What is Rishi … Read More
UK coronavirus: record 6,634 new cases reported; chancellor announces job support scheme – as it happened
UK reports highest single-day figure since the outbreak began; chancellor announces ‘job support scheme’ to subsidise wages of people in work. This live blog is now closed – please follow … Read More
Stock markets fall as growth fears rise and US jobless claims jump – business live
Rolling coverage of the latest economic and financial news Latest: US initial jobless claims higher than expected European markets hit three-month low ONS: 12% of UK workers on furlough Ryanair’s … Read More
What’s missing from the chancellor’s new scheme to save jobs?
Five measures absent from the chancellor’s winter economy plan Coronavirus – latest updates What is Rishi Sunak’s job support scheme and how will it work? Rishi Sunak’s winter economy plan … Read More