Scotland’s digital technologies body focuses on eLearning

Commissioned from, and written by, Wendy Edie, Managing Director of Scotland’s leading digital learning and assessment developer, eCom Scotland, the White Paper advocates deploying technology-delivered learning to bring sustainability and help drive government and corporate agendas regarding upskilling, re-skilling and performance support. It argues that, while not every organisation may be ready and eager to apply such technologies as automation and artificial intelligence to its learning and development activities, every organisation needs to consider how digital learning technology can support its teams to deliver continually improving performance.
Bank of Ireland posts highest profit in more than a decade

Bank of Ireland (BIRG.I) on Monday posted its biggest annual profit since the global financial crisis more than a decade ago and said it plans to return of 104 million euros ($116 million) to shareholders through dividends and buybacks.
Russia’s Sberbank in Europe faces closure after savers demand money

The European arm of Sberbank (SBER.MM) , Russia’s biggest lender, faces failure, the European Central Bank (ECB) warned on Monday, after a run on its deposits sparked by the backlash from Russia’s invasion of Ukraine.
Alibaba reports slowest revenue growth since going public as competition bites

Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK), reported on Thursday its slowest quarterly revenue growth since going public in 2014, hit by a drop in sales at its core business segment and intensifying competition.
Central banks seen enhancing liquidity after SWIFT ban – Credit Suisse strategist

The banning of certain Russian banks from the SWIFT international payment system could push central banks to enhance liquidity to offset missed payments, a Credit Suisse strategist said on Sunday.
Russia hikes rate to 20% in emergency move, tells companies to sell FX

The Russian central bank raised its key interest rate to 20% from 9.5% on Monday in an emergency move, and authorities told export-focused companies to be ready to sell foreign currency as the rouble tumbled to record lows.
Russia hikes rates, introduces capital controls to defend against sanctions

Russia’s central bank more than doubled its key policy rate on Monday and introduced some capital controls as it scrambled to shield the economy from unprecedented Western sanctions that sent the rouble tumbling to record lows.
EXCLUSIVE Major buyers of Russian oil struggle with bank guarantees -sources

The global oil market was thrown into chaos on Thursday after Russia invaded Ukraine, with top buyers of Russian oil struggling to secure guarantees at Western banks or find ships to take crude from one of the world’s largest producers.
Analysis: Russia’s economic defences likely to crumble over time under sanctions onslaught

Russia has spent the past seven years building up formidable financial defences, yet in the long run, its economy is unlikely to withstand the onslaught of coordinated sanctions from the West.
EXCLUSIVE ECB must keep buying bonds to cushion Ukraine fallout, Stournaras says

The European Central Bank should continue its bond-buying stimulus programme at least until the end of the year and keep it open-ended to cushion the fallout from any conflict in Ukraine, ECB policymaker Yannis Stournaras told Reuters.