Pressures

Shoe Zone, the beleaguered UK shoe retailer, blamed a new wave of store closures on cost pressures caused by budget measures in October. The Leicester-headquartered chain, which currently employs around 2,250 staff across 297…

Honda and Nissan, two of Japan's largest automakers, are set to begin discussions about a possible merger amid fierce competition in the rapidly developing field of electric vehicles. Both companies issued near-identical statements…

Stellantis, the parent company of Vauxhall, has announced plans to close its van manufacturing plant in Luton next April, putting more than 1,100 jobs at risk. The decision comes amid increasing pressure from the UK government's…

The Bank of England cut interest rates by 25 basis points to 4.75%, its second cut this year as inflationary pressures begin to ease and economic data point to a slowdown in wage growth. The nine-member Monetary Policy Committee…

Breadcrumb linksPMNBMN BusinessArticle writer:Associated PressSibi ArasuPublished on October 1, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account.Article contentBENGALURU,…

In the ever-evolving world of crypto assets, most digital assets are believed to have the characteristics of a speculative bubble, indicating uncertainty about the stability of their value. However, one market expert claimed that…

Fed Governor Waller speaks and says:US financing pressures may contribute to a rise in the long-term neutral rate in the coming years.Only time will tell how much the US fiscal situation will influence the neutral rate.If the supply of US…

In a joint effort, Republican lawmakers led by House Financial Services Committee Chair Patrick McHenry and House Agriculture Committee Chair Glenn Thompson have called upon Securities and Exchange Commission (SEC) Chair Gary…

Japanese Yen Prices, Charts, and AnalysisRising inflation and wage pressures seen.USD/JPY upside is limited.Learn How to Trade USD/JPY with our Complimentary Guide Recommended by Nick Cawley How to Trade USD/JPY In an…

Canadian Dollar (USD/CAD) AnalysisBoC adjusts wording to suggest a plateau in interest rates but highlights remaining core price pressures.USD/CAD bullish pennant appears to favour upside continuation ahead of high impact US dataIG client…