Recent Posts

US hiring stays robust in March as jobless rate falls, wages pick up

  Bloomberg The US added close to half a million jobs in March and the unemployment rate fell by more than expected, highlighting a robust labour market that’s likely to support aggressive Federal Reserve tightening in the coming months. Nonfarm payrolls increased 431,000 last month after an upwardly revised 750,000 gain in February, a Labour Department report showed. The unemployment ...

Read More »

European regulators raise questions about Microsoft cloud practices

Bloomberg European regulators are asking Microsoft Corp. partners and rivals for information related to a complaint made against the software maker alleging anti-competitive behavior in the cloud-computing services market. The European Commission in March circulated a questionnaire, seen by Bloomberg News, focusing on how Microsoft licenses its products. The questions may lead to a formal inquiry, and follows an antitrust ...

Read More »

UK firms expect pay rises in record numbers on inflation

  Bloomberg A record number of UK companies expect to increase wages as the war in Ukraine deepens the cost of living crisis, a survey showed. The Lloyds Bank Business Barometer found that a half intended to boost average pay by at least 2% in the next 12 months. A fifth of businesses that have annual turnover of more than ...

Read More »
Send this to a friend