crisis

Written by Tim Heffer and Alexander Cornwell DUBAI (Reuters) - The head of Dubai's Emirates Airlines urged Boeing Co (NYSE:) to choose an engineering and business heavyweight to lead a major overhaul of the U.S. airline giant, and…

The number of UK households in which no adult is working has reached a 12-year high, highlighting a deepening jobs crisis that experts warn is stifling Britain's economic growth.In the first quarter of this year, there were 269,000…

If there was one word to succinctly describe the world of housing right now, what would it be – perhaps unaffordable? That's what it looks like for Redfin's chief economist, Chen Zhao, who said earlier this week: "Affordability…

UK businesses are bracing for a debt crisis as higher interest rates are expected to cost an extra £41.7bn by the end of the decade.As cheap loans expire, borrowing costs are expected to rise, significantly impacting the…

Article contentCanada's auto theft crisis is worsening, with insurance claims costs exceeding $1.5 billion for the first time.New data from the Insurance Bureau of Canada (IBC) shows insurance providers handled 49,679 claims related to…

(Reuters) - The Gaza Strip has been suffering from an ongoing humanitarian catastrophe for nearly seven months since Israel launched a devastating offensive in response to the Hamas-led attacks on October 7 that killed 1,200 people in…

Breadcrumb linksBMN BusinessThe new Palestinian prime minister is a former World Bank executive and has pledged to fight corruption and waste. The Finance Minister worked for PricewaterhouseCoopers. The Ministry of Foreign Affairs is…

COLOMBO (Reuters) - Sri Lanka's government rejected a proposal from its international bondholders on Tuesday on restructuring the more than $12 billion the country owes to them. It means a near two-year spell in default will drag on for…

An assumption in the world of finance is that the product that best reflects the public’s mood is mutual funds. Every time a local or global crisis breaks, people rush to redeem their money. Thus it was when the Covid-19…

Erica Williams wants the accounting industry to know that there’s a new sheriff in town, and she’s rolling up her sleeves to deal with what her organization has called a “completely unacceptable” rate of accounting errors.  Williams…