A poll of 800 company executives from 6 EU countries, conducted by law firm Baker McKenzie, showed that about half of the respondents said that their companies reduced investments in the UK, Bloomberg reports. Last week, Airbus reported that if the UK did not agree on a deal with the EU, the company intended to withdraw investment from this country. About half of the surveyed executives of the European companies, whose annual income exceeds 250 million pounds, noted that they were already observing interruptions in the supply chain. The idea of a free trade agreement was more attractive for the EU companies than the creation of a customs union.
Indonesia on Wednesday rolled out a 100 trillion Rupiah ($6.92 billion) loan guarantee scheme for prioritized businesses to keep them afloat as the COVID-19 situation continued to worsen around the world, the country’s finance minister ...
The Securities and Exchange Commission (SEC) announced on Monday that UBS Financial Services Inc. (UBSG) would pay more than $10 Million to resolve charges regarding certain municipal bond offerings. UBS has agreed to pay the fine after SEC ...
Property data and analytics company CoreLogic Inc on Tuesday rejected another $7 billion buyout offer, seeing it inadequate after meeting with the two bidders, investment firms Cannae Holdings Inc and Senator Investment Group LP. Cannae ...
Levi Strauss & Co (LEVI.N) expects that its business would lose footing in the second half of the year. The company deemed it possible even as its sales were seen recovering at its reopened stores, following virus-related lockdowns imposed ...
On Wednesday, Ryanair's (RYA.I) Chief Executive Officer Michael Kevin O'Leary announced that around 3,500 jobs would be slashed at the airline unless it could agree on a series of pay cuts with staff. The warning came after the company resumed ...