Tag: Economic impact
Smith & Nephew Adjusts Revenue Targets Due to China Slowdown
Smith & Nephew, a major medical technology company, has adjusted its revenue targets for the full year due to a slowdown in demand in...
Maximizing Profitability for Industrial Shed Builder TSL Despite Sales Decline
TSL, the industrial shed builder based in Gerrards Cross, saw a decrease in revenue to £297m in the year ending December 2023, representing a...
Legacy of Commonwealth Games: 1000+ Homes Built in Glasgow
More than 1000 new homes were constructed in Glasgow as a result of the Commonwealth Games, as revealed by the SNP. The party stated...
Improving Port Talbot Deal: Tata Steel Workers’ Focus
The Labour government is currently in discussions to improve the deal for the Port Talbot steelworks, as reported by a senior Welsh Labour MP....
South Korea’s Global Entertainment Dominance Amid War Threats: A Success Story
South Korea has emerged as a global powerhouse in the entertainment industry, with its "K-Wave" phenomenon taking the world by storm. Despite the ongoing...
The Most Effective SEO Methods in 2024
In the ever-evolving digital landscape, Search Engine Optimization (SEO) remains a critical strategy for businesses and marketers aiming to enhance their online visibility and...
Bank of England criticized for keeping high mortgage rates – Impact on young homeowners
The Bank of England is being criticized for keeping mortgage rates high, particularly for young homeowners, according to Rob Perrins, the chief executive of...
Labour Abandons Plan to Reinstate Cap on Tax-Free Pension Savings
Labour has decided not to go ahead with their plan to reinstate a cap on tax-free pension savings. This decision comes after the cap...
Still Wakes the Deep, Warhammer 40,000: Boltgun and Deathsprint 66 makers to lay off...
Sumo Group, a British video game company that owns various developers and publishers, is facing tough times ahead as they announce massive layoffs. The...
Conflicting Reports Follow Potential Halt to Intel’s (NASDAQ:INTC) Israeli Chip Plant – TipRanks.com
Intel (NASDAQ: INTC) is facing conflicting reports regarding the potential halt of its Israeli chip plant. While some reports suggest that Intel may pause...
One day after trumpeting its big Summer Game Fest reveals, Sumo Group is laying...
Sumo Group, the company behind the recent Summer Game Fest reveals, has announced that it will be laying off up to 15% of its...
UK economy flatlines in blow to Rishi Sunak’s hopes of recovery
The UK economy faced challenges in April as it flatlined, impacting hopes of a strong recovery. The Office for National Statistics reported 0.0% growth,...
Shipowners protest over ‘unfair’ criticism | eKathimerini.com
The president of the Union of Greek Shipowners (UGS), Melina Travlos, recently criticized the unfair criticism faced by Greek-owned oceangoing shipping in international disputes....
Hong Kong should fully regain status as global aviation hub by end of year:...
Hong Kong on Track to Regain Global Aviation Hub Status by End of Year, Says IATAHong Kong is poised to fully regain its status...
AI fever risks torpedoing London tech
AI Fever Grips London Tech SectorThe tech industry in London is abuzz with excitement and anticipation as the fever for Artificial Intelligence (AI) continues...
Volkswagen frustrated by govt inaction on power crisis | Business
Volkswagen Frustrated by Government's Inaction on Power CrisisVolkswagen, a prominent carmaker in South Africa, is facing significant challenges due to the ongoing power crisis...
Suzuki to shut down auto plant in Thailand by 2025
Suzuki Motor Announces Closure of Auto Plant in Thailand by 2025Japanese auto giant Suzuki Motor has revealed its plans to shut down a subsidiary's...
US trade deficit widens to $99.4 bn in April 2024
US Trade Deficit Hits Record High of $99.4 Billion in April 2024The US trade deficit reached a new record high of $99.4 billion in...
Major UK airport announces big change as EasyJet signs up for the ‘new base’
Major UK Airport Introduces New Security Technology Allowing More Liquids in Cabin BaggagePassengers at Southend Airport will be delighted to learn about the new...
Letter | 10 big-picture ideas to get Hong Kong tourism on the right track
New Ideas for Hong Kong TourismWhile spending money on promoting mega events and fireworks may help Hong Kong tourism, we should put more emphasis...