A Loss at Mercedes-Benz Slows U.A.W.’s Southern Campaign
After Mercedes workers voted against joining the United Automobile Workers, the union will have less momentum as it campaigns to organize Southern factories.
Russian court seizes assets worth €463mn from Italy’s UniCredit
Move follows dispute with a subsidiary of Gazprom over guarantees made to German group Linde
ECB pressures banks to speed up Russia exits on fear of US action
Regulator has requested detailed plans from lenders including Italy’s UniCredit and Austria’s Raiffeisen
Co-op Live: Manchester’s new concert venue was hit by delays, but a false start need not mean it’s blighted forever
The opening of any new business can be a nerve-wracking affair. Will everything work? Will things go wrong? Will the whole enterprise fall flat on its face?
For the owners of a new concert venue in Manchester, things went very wrong. The £365 million Co-op Live arena was supposed to launch on April 23 with a performance by comedian Peter Kay. But after technical issues emerged, it had to be cancelled at the last minute.
Trump versus Biden: The Macroeconomics of the Second Coming
The current paper returns to the key questions of wages and incomes and how wealth effects cripple
reliance on interest rates to control inflation.
The Second Coming? Trump vs. Biden
How have the macroeconomic problems in the US blinded many participants and observers to the actual state of the American economy as the election
approaches?
The wafer-thin poll margins separating President Joe Biden and Donald Trump have surprised and baffled many analysts. This paper attempts no analysis of the election itself. It focuses instead on a clinical assessment of its macroeconomic context.
Advisers worry as social media investment scams surge
Trusted figures often used to persuade people to put money into fraudulent schemes
Second Phase Extension of Term Funding Scheme with additional incentives for SMEs (TFSME) – Market Notice 17 May 2024
The Bank is today announcing details of the second phase of TFSME extensions which will allow a small number of previously extended TFSME drawings to be extended by a further 4 years.
Inter Milan refinancing race pits Oaktree against Pimco
Chinese owner of Italian football champions has a loan expiring early next week
History says tariffs rarely work, but Biden’s 100% tariffs on Chinese EVs could defy the trend
Hundreds of BYD vehicles wait at a port in Suzhou, China, to ship out. AFP via Getty ImagesIn June 2019, then-presidential candidate Joe Biden tweeted: “Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you that the American people are paying his tariffs.”
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