Financial

Following a drumbeat, the men oscillate their sticks to signify joy and can rest them over their shoulders to characterise victory. When the bamboo sticks are placed on the ground poetry is spoken. Women are incorporated, tossing…

Earlier this month, the U.S. Federal Reserve and the European Central Bank signalled steady interest rates amid a slowing global economy, keeping U.S. and European government bond yields low. Adding to the likelihood of prolonged low global…

The proportion of income left after taxes that we save is known as the savings ratio. For the last couple of years, the UK has saved about 4% of disposable income. In the 1990s, it came close to 15%. The independent Office for Budget…

"We will implement a digital tax for multinational firms which do business in the Czech Republic but don't reside here," Babis said in an interview published by the daily Lidove Noviny. Babis did not name any company that would be…

Those were the differences between projected 2019-20 and 2024-25 bills at 2017-18 prices, the regulator said http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20190411:nRSK8293Va. Ofwat said its…

He succeeds Georges Elhedery who has been appointed to lead HSBC's global markets division. HSBC has appointed Martin Tricaud as new regional chief executive officer for the Middle East, North Africa and Turkey, the bank said in a…

The 20 billion crown revenue loss from this tax cut and a wider income tax reduction introduced in December's 2019 budget, will in part be offset by cuts in spending on care for the elderly and the overseas aid budget, and higher…

Many believe the Chinese economy may still need more stimulus either way. On Sunday, China announced it will step up its policy of targeted cuts to banks' required reserve ratios to encourage financing for small and medium-sized businesses…

Rodermann joined what was then UBS Deutschland AG as management board head in 2015 and has been in charge since, restructuring the Frankfurt-based business and expanding its wealth management arm. In 2016 he helped found UBS Europe SE…

A range of factors are hurting the industry, including increasingly saturated markets, consumers replacing their phones less often and frustration over rising prices. Samsung's stock was little changed in Seoul trading Friday, as investors…