Big brands revisit the milkman model to cut plastic pollution

28/01/19 06:16 PM By Nico - Comment(s)

(Reuters) - Major packaged goods sellers and retailers, under pressure to cut the flow of single-use plastic bottles and containers clogging the world’s waterways, have teamed with recycling and shipping firms on an e-commerce service that puts a twist on the old-fashioned milkman.

Called Loop and an...

Eurozone's economic outlook darkens as growth risks increase 

28/01/19 06:12 PM By Nico - Comment(s)

The clouds seem to be gathering for the eurozone's economy.

At a news conference after a policymaking meeting on Thursday, European Central Bank (ECB) president Mario Draghi described an outlook that is becoming more overcast.

Economic data, he said, had been weaker than expected, and the risks to gro...

China's slowdown and what it means for the UK

21/01/19 05:39 PM By Nico - Comment(s)

Monday sees the release of China's GDP figures, and they'll be even more closely watched than usual.

Apple's CEO, Tim Cook, blamed cautious Chinese consumers in part for his company's failure to sell as many iPhones as he hoped, sending share prices down around the globe.

Car sales in the country, mea...

Central bankers lack the weapons to fight the next big recession

21/01/19 05:07 PM By Nico - Comment(s)

New York (CNN Business) - If there's a serious recession on the horizon, the world's central banks may have trouble fighting it.

Central banks took dramatic and unorthodox steps to prevent economic collapse during the financial crisis. They slashed interest rates, and in the years that followed spent...

Has Davos made the world better?

21/01/19 03:53 PM By Nico - Comment(s)

Klaus Schwab, who founded the World Economic Forum (WEF), has said his childhood during World War II inspired him to build an organisation that would make the world a better place.

His foundation, which hosts many of the world's most powerful, famous and wealthy people at its annual meeting in the Sw...

U.S. shutdown sends economy into uncharted waters

15/01/19 09:59 AM By Nico - Comment(s)

WASHINGTON, USA – The United States government shutdown on Saturday, January 12, became the longest in history and is taking a growing bite out of the world's largest economy with each passing day, economists say.

While most of the 21 "lapses" in government spending since 1976 left barely a...

How much has the shutdown hit the US economy?

15/01/19 09:43 AM By Nico - Comment(s)

Washington is at a standstill, as US President Donald Trump and Democrats feud over his demand to include $5.7bn (£4.5bn) for a border wall in a new spending bill.

The fight has closed parts of federal agencies since 21 December and is on track to be the longest government shutdown in US history.


Recent market 'jolt' will be first of many as easy money era ends, says BIS

18/12/18 11:14 AM By Nico - Comment(s)

LONDON (Reuters) - Recent sharp selloffs across global financial markets are probably the first of many, as investors adjust to a world of tighter monetary conditions and the threat of economic downturn, the Bank of International Settlements said on Sunday.


The year has been a tough one, ...

Deutsche Bank headquarters raided over money laundering

04/12/18 02:18 PM By Nico - Comment(s)

The Frankfurt headquarters of Deutsche Bank have been raided by prosecutors in a money laundering investigation.

Germany's public prosecutor alleged that two staff members have helped clients launder money from criminal activities.

Police cars were seen outside the tower blocks that house the headquar...

The Worst Is Still Ahead For Investors

04/12/18 02:00 PM By Nico - Comment(s)

Currently, investors hear that “only recessions cause bear markets.” That is incredibly false and perhaps intentionally deceptive.

Is economic growth the cause of stock market growth? Is a recession necessary to cause a bear market? Is this a correlation that will allow you to get out of stocks in ti...

Grow Your Business by Data Sharing

20/11/18 01:33 PM By Nico - Comment(s)

In the age of digital media, some businesses have minimal to no face-to-face interaction with their customers. So how do they promote their products while building trust, and loyalty among customers? The answer is simple, although the process can be quite complex, and that is through data sharing.


World leaders, global CEOs seek to address global economy challenges

13/11/18 10:22 AM By Tin - Comment(s)

WORLD LEADERS and chief executive officers from 60 countries pledged to address issues hampering the global economy with the formation of an international forum during the conclusion of Bloomberg’s New Economy forum. In a statement on Wednesday, more than 70 organizations had agreed to create a...