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Business
Investors’ Chronicle: Paragon, Redde Northgate, Tui
BUY: Paragon Banking Group (PAG)A share buyback, increased dividend and higher returns make the buy-to-let lender a standout performer in the banking sector, writes Julian…
Stellantis to lay off thousands at Jeep plants, blames California emissions regulations
Stellantis says layoffs are coming to two of its U.S. Jeep assembly plants, with potentially thousands of workers losing their jobs early next year, and blamed the move in…
Global pre-Christmas trade at risk from twin canal crises
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Simultaneous disruption in the Panama and Suez canals,…
US budget gap is $47 billion more than previous year: report
The Congressional Budget Office (CBO) announced Friday that it is estimating that the federal budget deficit totaled $383 billion in October and November 2023, the first two…
New chief executive appointed to head South Africa’s struggling Eskom power utility
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.South Africa’s struggling Eskom state electricity…
Over 1,100 DHL Express workers start strike
A group of unionized DHL Express workers on Thursday started a strike. As part of the labor action, DHL Express saw over 1,100 of its ramp and tug workers at the…
‘Number go up’: bitcoin’s startling surge is inexplicable as ever
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.If you ever see me, in any forum, recommending that…
U.S. employers add 199,000 jobs in November, hinting U.S. economy headed for soft-landing
Employment rose by 199,000 in November, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics (BLS), modestly higher than economists'…
RH: luxury furniture retailer seeks growth not profit
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Profit margins be damned. That appears to be the main…
November jobs breakdown: Which industries hired the most workers last month?
The U.S. economy continued to add jobs at a solid clip in November, as strong hiring in health care and the government helped to boost the overall payroll figure. Employers…