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January 27, 2023

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Inflation and the Bank of England: what its rate-setters are saying

August 12, 2021August 6, 2021 - by sig-gluenet

Some Bank of England officials say the time is approaching for action to fend off higher inflation as Britain reopens its economy, but others want more time to assess the …

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Business

Vietnam pledges not to devalue currency in agreement with U.S. Treasury

August 11, 2021August 6, 2021 - by sig-gluenet

Vietnam has pledged not to deliberately weaken its dong currency to gain an export advantage, reaching an agreement with the U.S. Treasury to refrain from “competitive devaluation” and make its …

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Business

Robinhood seeks up to $35 bln valuation in mega U.S. IPO

August 10, 2021August 6, 2021 - by sig-gluenet

Robinhood Markets Inc is targeting a valuation of up to $35 billion in its initial public offering in the United States, the company revealed in a Monday filing, setting the …

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Business

Ben & Jerry’s to end ice-cream sales in occupied Palestinian territories

August 9, 2021August 6, 2021 - by sig-gluenet

American ice-cream brand Ben & Jerry’s on Monday said it would stop marketing its products in the occupied Palestinian territories, bowing to Palestinian pressure campaigns and saying that selling there …

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Business

Exxon Mobil adds first woman top-tier executive with external CFO hire

August 8, 2021August 6, 2021 - by sig-gluenet

Exxon Mobil Corp’s new chief financial officer Kathyrn Mikells is the first woman and external hire to join the oil major’s management committee, as energy firms search to diversify their …

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Business

A scandal cost Brazil billionaire bank CEO his job, but not control

August 7, 2021August 6, 2021 - by sig-gluenet

Twenty-three days in a Rio de Janeiro jail and getting stripped of his chief executive role were enough to make billionaire banker Andre Esteves consider leaving both Brazil and BTG …

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Business

Tiffany, Costco settle 8-year lawsuit over fake ‘Tiffany’ rings

August 6, 2021August 6, 2021 - by sig-gluenet

Tiffany & Co has settled its more than eight-year-old lawsuit accusing Costco Wholesale Corp (COST.O) of trademark infringement and counterfeiting for selling generic diamond engagement rings bearing the “Tiffany” name. …

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