Germany tells Andrea Orcel to keep Commerzbank’s Frankfurt HQ after takeover
Finance minister Lars Klingbeil wants safeguards for the bank’s 40,000 employees and its role in financing the Mittelstand
North Sea drilling is a distraction: low-carbon transition hinges on prioritising people and jobs
Oleksii Sidorov/ShutterstockKeeping global temperatures within safe limits is incompatible with new fossil fuel extraction, as stated by the International Energy Agency. This should be reason enough to oppose any new North Sea extraction of fossil fuels.
Crispin Odey loses appeal against industry ban
Hedge fund founder’s fine reduced to £1.5mn but verdict is blow to attempts to repair his reputation after allegations of sexual harassment and assault
Michael Dell’s family office leads $7.7bn deal to take insurance broker private
DFO Management and Sequence clinch acquisition of Baldwin Group as industry undergoes wave of consolidation
AI is supercharging money scams – here’s what you can do to protect yourself
Financial losses caused by AI fraud are skyrocketing, especially among adults over 60. Volodymyr Hryshchenko on UnsplashThe phone rings, and it’s your grandson’s shaken voice. There’s been an accident, he says, and he needs money before anyone finds out. Except it isn’t him.
Employers look for resilient staff – then leave them to burn out
Workers are often tested beyond their limits and require strong resilience Dragana Gordic / Shutterstock“Resilience” is in danger of becoming a casualty of business buzzword bingo, but we know it matters.
Liechtenstein says EU zeal for disclosure has gone ‘too far’
Prince Michael of Liechtenstein accuses EU of ‘bureaucratic zeal’ over anti-money laundering rules
Growth of wages index slows to 3.9% YoY in Q2
Greece’s seasonally adjusted (SA) Wages Index slowed in Q2 with growth of 3.9 percent year-on-year (YoY), from 6.6 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.
How to build climate-resilient transport systems
Pasha Smith/ShutterstockExtreme weather frequently causes major disruptions in UK transport and energy systems. Heavy snowfall often leads to school closures, roads grinding to a halt, rail services and flights severely disrupted or cancelled and even power cuts.
Economy holds steady in Q2 but autumn set to pose more and tougher tests
The macroeconomic releases — the latest Q2 GDP and national CPI data — were the main domestic economic events of last week, while developments outside Greece are fuelling concern about difficult months ahead for households.
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