Wednesday , 17 December 2025

Recent Posts

UK financiers battle govt over taxes as Brexit looms

  Bloomberg There are signs Britain is getting tougher on financiers just as it needs to attract them. Tax officials are pursuing probes into the residency status of HSBC Holdings Plc Chief Executive Officer Stuart Gulliver and Chi-X Global Inc. Chairman-Emeritus Anthony Mackay, as the government clamps down on people — oftentimes bankers — who work in the UK but …

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German factory orders recover as economic momentum strong

  Bloomberg German factory orders rebounded from their steepest decline in eight years in a sign the recovery in Europe’s largest economy remains intact. Orders, adjusted for seasonal swings and inflation, rose 3.4 percent in February, after slumping a revised 6.8 percent in January, data from the Economy Ministry in Berlin showed on Thursday. The typically volatile reading compares with …

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WPP drops as major client Unilever slashes ad costs

  Bloomberg WPP Plc fell the most in a month after one of the advertising company’s biggest clients, consumer-product giant Unilever, said it would cut back on its marketing spending, fueling concerns about a broader ad-industry slowdown. Unilever, which sells Dove soap and Hellmann’s mayonnaise, will produce 30 percent fewer ads as part of a cost-cutting drive, Chief Financial Officer …

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