Stocks slide, yields jump as Fed projects earlier rate hikes
LONDON, June 16 (Reuters) – Markets were jostled Wednesday after U.S. Federal Reserve officials projected interest rate hikes sooner than expected, with stocks sliding and the dollar jumping on the news.
Quoting Irish poet, Biden ends EU trade war in renewal of transatlantic ties
U.S. President Joe Biden ended one front in a Trump-era trade war when he met European Union leaders on Tuesday by agreeing a truce in a transatlantic dispute over aircraft subsidies that has dragged on for 17 years.
Soccer clubs embrace cryptocurrency, but fans are divided
A growing number of major soccer clubs are launching digital coins that allow fans to vote on a variety of minor decisions as the sport faces slumping revenues caused by the coronavirus pandemic.
eCom Scotland’s investments in digital skills professionals pay off
In the light of growing demand for its products and services – taking its current turnover beyond pre-pandemic levels – the digital learning and assessment specialist, eCom Scotland is continuing growing its investment in skilled digital skills professionals.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
UK sees record jump in employee numbers in May
The number of employees on British company payrolls surged by a record amount in May as COVID restrictions eased and pubs and restaurants resumed indoor service, though it still remains more than half a million below its pre-pandemic peak.
H&M’s sales surge as restrictions ease, still below pre-pandemic levels
H&M’s (HMb.ST) sales jumped from March to May compared to a year earlier as pandemic restrictions eased in many markets and online demand stayed strong but revenue was still well below 2019 levels.
Analysis: DAMAC delisting plan piles pressure on shrinking Dubai market
Dubai’s stock market is set for another delisting, raising a question mark over the future of one of the Gulf’s major exchanges, which was launched two decades ago.
Australia’s top exporting state calls for reset in China ties
Australia’s biggest exporting state on Tuesday urged Canberra to stop antagonising China, the country’s top trade partner, in remarks that came amid escalating criticism of Beijing led by the United States, Australia’s main ally.
Asian shares rise in early trade, investors eye Fed meeting
Asian shares rose early on Tuesday, tracking Wall Street higher, though investors looked to a much-anticipated Federal Reserve policy meeting to see if the central bank would signal any change to the U.S. monetary policy outlook.
