BLOOMBERG UK companies are increasingly relying on short-term workers amid hiring freezes and economic uncertainty, a new survey showed. Permanent staff hiring declined at the sharpest pace in over two years in April, according to a report from KPMG and the Recruitment and Employment Confederation (REC). At the same time, companies registered the quickest jump in billings from temporary staff …

BLOOMBERG Spanish Prime Minister Pedro Sanchez will ask President Joe Biden to scrap Trump-era duties on his country’s olives that have strained trade ties between the US and European Union (EU). In his first official visit to the White House since he took office in 2018, Sanchez will appeal to Biden to remove the tariffs and put an end to …

BLOOMBERG Hungarian inflation, the European Union’s (EU’s) fastest, eased for a third month, bringing the central bank closer to cutting the bloc’s highest key interest rate. The inflation rate dropped to 24% in April from 25.2% the previous month, lower than the median estimate of 24.1% in a Bloomberg survey. Month-on-month prices increased 0.7%. Central bank officials will assess the …