Asia’s leading hospitality group, together with Hann Resorts, announces plans to redefine luxury through a signature nature-integrated approach tailored for families and leisure travelers Banyan Tree is set to debut its first resort in the Philippines within a sprawling 450-hectare project in New Clark City, Tarlac. Envisioned to become the […]
Money, Money, Money! The Abba effect brings £322M boost to London economy
<?xml encoding=”utf-8″ ?????????> They may only be digital dancing queens – and kings – but the four glittery avatars performing every night in front of sell out audiences in east London are pumping serious Money, Money, Money into the capital’s economy. That is the conclusion of a report into the […]
Report finds the UK is Europe’s most “advanced digital economy”
<?xml encoding=”utf-8″ ?????????> The UK is the leading destination in Europe for investment, global tech companies and start-ups, according to a new report from the Computer & Communications Industry Association (CCIA). The study found the digital economy and online retail support £227 billion in economic action, with the UK’s digital […]
EBay fined $3m over ‘criminal’ harassment of bloggers
<?xml encoding=”utf-8″ ?????????> Online marketplace eBay has agreed to pay $3 million to settle a criminal investigation in America after a married couple were subjected to a “petrifying” cyberstalking and harassment campaign in retaliation for perceived criticism of the site on their blog. Federal prosecutors in Boston said that eBay […]
Citi puts over a thousand British banking jobs at risk
<?xml encoding=”utf-8″ ?????????> More than 1,000 British jobs are under threat at Citigroup as the American bank announced it would cut 20,000 staff worldwide. Citi, one of the biggest banks in the world, set out plans for a major job-cutting plan after posting its worst quarter in 15 years. The […]
UK economy bounces back with 0.3% growth
<?xml encoding=”utf-8″ ?????????> The UK’s economy bounced back in November after shrinking during the previous month, according to official figures published this morning. The data showed that the economy grew by 0.3% in the month, which was stronger than expected and came after a contraction in October. The Office for […]
Philippines to use nonmonetary tools to tame prices — Marcos
Source: PCO By Kyle Aristophere T. Atienza Reporter The Philippines will use nonmonetary measures including plugging supply gaps to stabilize prices this year, President Ferdinand R. Marcos, Jr. said on Friday after appointing a new Finance chief. Finance Secretary Ralph G. Recto was ordered to “devise strategies that will tame inflation […]
Sainsbury’s launches EV charging business to give ‘smart charging’ to shoppers
<?xml encoding=”utf-8″ ?????????> Sainsbury’s has launched an electric vehicle (EV) charging business, targeting over 750 ultra-rapid charging bays in over 100 store car parks by the end of 2024. Sainsbury’s said on Friday it is hoping that users of the “Smart Charge” operation will shop its stores while their vehicles […]
Middle East escalation tilts balance of risks in markets
AN ARMORED personnel carrier (APC) is seen silhouetted as the sun sets, amid the conflict between Israel and the Palestinian Islamist group Hamas, near the Israel-Gaza border, in Southern Israel, Dec. 25, 2023. — REUTERS For global investors who came into 2024 with doubts about how long stock markets can […]
India’s Dec. palm oil imports jump to 4-month high
STOCK PHOTO | Image by Bishnu Sarangi from Pixabay India’s palm oil imports surged to their highest in four months in December, driven by increased purchases of refined palmolein due to competitive prices, a leading trade body said on Friday. Higher purchases by the world’s biggest importer of vegetable oils […]