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News
Mar
21
How companies decide which employees to let go
Posted by on 21 March 2023 12:29 PM
Organisations considering layoffs need to decide who stays, who goes and how to conduct the process
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Mar
21
Sri Lanka to get first tranche of IMF funds in 2 days
Posted by on 21 March 2023 12:07 PM
Sri Lanka will get the first $330m tranche of an International Monetary Fund bailout in the next two days, the global lender said today, putting the onus on the cash-strapped country to rein in its debt to sustainable levels.
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Mar
21
Oil rises as banking fears ease for now
Posted by on 21 March 2023 11:37 AM
Oil prices rose today, extending a recovery from a 15 month low hit the previous day, as the rescue of Credit Suisse eased worries about global banking sector risks that could hit economic growth and fuel demand.
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Mar
21
German investor morale tumbles on bank concerns - ZEW
Posted by on 21 March 2023 11:23 AM
German investor sentiment tumbled in March as concerns about a new financial crisis ended a five-month streak of consecutive increases, the ZEW economic research institute said today.
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Mar
21
Luas and bus journeys exceeded pre-Covid figures - CSO
Posted by on 21 March 2023 11:11 AM
New Central Statistics Office figures show that while public transport volumes stayed below 2019 figures in 2022, the number of Luas and bus journeys exceeded pre-pandemic figures in February of this year.
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Mar
21
Lawyers from Switzerland, the US and UK are talking to a number of Credit Suisse Additional Tier 1 (AT1) bond holders about possible legal action after the state-backed rescue of Credit Suisse by UBS wiped out AT1 bonds, law firm Quinn Emanuel Urquhart & Sullivan has said.
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