UK’s lowest-paid workers face highest jobless risk: research
Britain’s lowest-paid workers, already hardest hit by the COVID-19 pandemic, will be most at risk from expected rises in unemployment and job insecurity later this year, researchers said on Monday.
Tech giants and tax havens targeted by historic G7 deal
The United States, Britain and other large, rich nations reached a landmark deal on Saturday to squeeze more money out of multinational companies such as Amazon and Google and reduce their incentive to shift profits to low-tax offshore havens. Hundreds of billions of dollars could flow into the coffers of governments left cash-strapped by the […]
Australian job advertisements jump 7.9% in May – ANZ
Australian job advertisements climbed for a 12th straight month in May to reach their highest since 2008, suggesting demand for labour could withstand both a coronavirus lockdown in Victoria and the removal of some government support programmes.
Fewer Americans blame COVID for preventing them from seeking work
Fewer Americans are citing the coronavirus pandemic as the reason why they’re not looking for work as more people are getting vaccinated and unemployment steadily declines.
Global M&A surges to record high for third straight month
Global mergers and acquisition (M&A) activity hit a record high for the third straight month in May, driven mainly by low interest rates, soaring equities and higher dealmaking interest in sectors that have received a boost from the COVID-19 pandemic.
AstraZeneca moves finance chief to new role after Alexion deal
AstraZeneca (AZN.L) will move finance chief Marc Dunoyer to head newly acquired rare diseases business Alexion (ALXN.O), using the $39 billion takeover as an opportunity to freshen up a management team that had been in place for eight years.
Banks bulk up in Hong Kong as China business overshadows politics
Some global banks, funds and other financial services providers say they are stepping up hiring in Hong Kong, in a sign the city’s unique position as a financial gateway to China is outweighing concerns about Beijing’s tightening grip over it.
Record-high number of U.S. small businesses can’t fill job openings -NFIB
Nearly half of U.S. small business owners reported unfilled job openings in May, marking the fourth consecutive month of record-high readings as finding qualified applicants remains a lingering challenge, a trade group said on Thursday.
UK’s Sunak says world is watching as G7 debates tax reform
Britain said the world was relying on a gathering of some of the richest nations to agree reforms to outdated global tax rules, as finance ministers from the Group of Seven started a two-day meeting in London on Friday.
EXCLUSIVE Blackwater founder Prince takes role in COVID vaccine venture
Erik Prince, the founder of controversial private military firm Blackwater and a supporter of former President Donald Trump, jumped into the COVID-19 business late last year with a deal to distribute an experimental vaccine should it be approved, according to three people familiar with the arrangement and business records seen by Reuters.
