Cash deal with PE firm Altor and minority shareholders Will boost Nordic presence, DNB CFO says No job cuts expected, deal to finalise in H1 2025 STOCKHOLM, Oct 21 (Reuters) – Norway’s largest bank DNB (DNB.OL), opens new tab has agreed to buy Swedish investment bank and asset manager Carnegie …
Read More »British PM Sunak explores public sector pay deal that backdates wage offer -FT
Feb 14 (Reuters) – British Prime Minister Rishi Sunak and finance minister Jeremy Hunt are considering a deal to end a wave of strikes among Britain’s public sector workers that would backdate next year’s pay rise, the Financial Times reported on Tuesday. Sunak and Hunt are mulling giving NHS staff …
Read More »UK’s teachers and civil servants join mass strike on ‘Walkout Wednesday’
Tens of thousands of teachers march in London Prime Minister Sunak condemns strike Government says big pay rises will fuel inflation Schools shut, most trains not running LONDON, Feb 1 (Reuters) – Up to half a million British teachers, civil servants, and train drivers walked out over pay in the …
Read More »October was worst month for UK strikes for more than a decade
LONDON, Dec 13 (Reuters) – The United Kingdom recorded the highest number of working days lost to labour disputes in October for more than ten years, official data showed on Tuesday, as employees went on strike to demand higher pay in the face of soaring inflation. The Office for National …
Read More »Wall Street bonuses to plunge 22% this year – NY state comptroller
NEW YORK, Oct 25 (Reuters) – Wall Street bonuses in 2022 are expected to fall 22% or more from last year’s bumper payouts, according to a report from New York State Comptroller Thomas DiNapoli, as tough economic conditions choked off demand for deals. Inflation, the war in Ukraine and rising …
Read More »UK stocks fall as weak retail sales fan recession fears
Pedestrians leave and enter the London Stock Exchange in London, Britain August 15, 2017. REUTERS/Neil Hall/File Photo Register now for FREE unlimited access to Reuters.com Register GBP trades below 1.14 for first time since 1985 UK retail sales plunge, underlining risk of recession FTSE 100 down 0.6%, FTSE 250 off …
Read More »European shares slide as recession fears grip global markets
Register now for FREE unlimited access to Reuters.com Register IMF, World Bank expect global slowdown STOXX 600 set to fall 2.4% for the week Logistics firms dragged by FedEx warning Sept 16 (Reuters) – European shares slid 1.2% on Friday as recession warnings from two major global financial institutions and …
Read More »UK’s Unite union suspends three day strike at Royal Mail
A Royal Mail delivery vehicle drives along a road near Mount Pleasant, in London, Britain, June 25, 2020. Picture taken June 25, 2020. REUTERS/John Sibley/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, July 18 (Reuters) – Workers at Britain’s Royal Mail suspended plans to hold a …
Read More »British stocks recover from multi-month lows as banks rally
A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain, August 24, 2015. REUTERS/Suzanne Plunkett Register now for FREE unlimited access to Reuters.com Register Unilever, Royal Mail to cut jobs Pub operator Marston’s gains despite lower sales FTSE 100 up 1.0%, FTSE 250 …
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