BENGALURU/LONDON (Reuters) - Euro zone business growth slipped to a six-month low in October as supply chain bottlenecks and logistical issues related to the COVID-19 pandemic pushed input prices to rise at the fastest rate in over two decades, a survey showed.
Government restrictions are being lifted in the currency bloc but shortages of raw materials in the manufacturing sector are impacting growth and the pent-up demand unleashed across the services industry is waning.
Credit Suisse Revamps Business in Post-Archegos Overhaul - WSJ
Credit Suisse Group AG will slash ties with hedge funds and focus on its core business of catering to the global rich, part of a reorganization that aims to prevent a repeat of the client blowups and regulatory penalties that have rocked the bank.
The Swiss bank's central mission will be its flagship private-banking and wealth-management arms, which will be brought under one roof and get a slug of new capital to expand, it said Thursday. The bank is aiming to manage $1.2 trillion in wealth assets by 2024, from under $1 trillion now.
Business brief | Business | mainstreet-nashville.com
F&M Bank recently named Brad Edwards as city executive for its new full-service branch in Midtown.
"We are thrilled to name Brad as city executive for our new Midtown branch," said Sammy Stuard, president/CEO of F&M Bank in a press release.
Recognized as one of the top independent banks in the state, F&M Bank has been serving customers in Middle Tennessee for years, including thousands of mortgage customers in the Nashville area. It has received local, state and national recognition for its community service and support.
UK's Superdry faces weeks-long supply delays at wholesale business | Reuters
/cloudfront-us-east-2.images.arcpublishing.com/reuters/P235U4UN65K7ROMF7H7HGBK6CA.jpg)
A woman walks past a Superdry fashion store in Berlin, Germany, March 17, 2016. REUTERS/Fabrizio Bensch
However, the company, best known for its sweatshirts, hoodies and jackets, said there were no significant availability issues at its retail business.
Big Ideas for Small Business | American Libraries Magazine
When the COVID-19 pandemic struck in early 2020, it exposed the precarious financial situation of many small businesses in the US. About half of these businesses were operating with fewer than two weeks of cash reserves at the time, according to research by JPMorgan Chase.
Perry says it was impossible to ignore how many small business owners struggled with the digital divide and were therefore not getting the help they needed.
German companies are more optimistic about business abroad - survey | Reuters
BERLIN (Reuters) - German firms are more optimistic about business conditions abroad than they were in the spring, a survey by the DIHK Chambers of Industry and Commerce showed on Thursday.
Some 52% of the more than 3,200 companies with offices abroad said they were satisfied with their business abroad, and 56% said they expected conditions to improve over the next 12 months.
'Business as usual': Emissions return to pre-COVID levels - E&E News
An earthmover is used to shovel coal onto trucks at a mine near Changzhi, Shanxi, in China. AP Photo/Ng Han Guan
Global CO2 emissions are projected to increase by almost 5 percent this year, according to the Global Carbon Project — a jump that would negate nearly all the emission reductions from last year.
Zillow bet the farm on its house-flipping business. Now it's downsizing - CNN
More Business Schools Add Sustainability Because of Rise in Demand
As sustainability becomes a growing issue among more companies, students are increasingly signing up for graduate business programs offering more courses, advanced degrees, and job opportunities that integrate corporate and environmental interests.
These changes reflect how sustainability has become a higher priority among a growing number of companies, as well as a desired skill in traditional management roles.
No comments:
Post a Comment