[ad_1] US rental giant Hertz is selling off thousands of Teslas as weak demand forces it to replace 20,000 electric cars with petrol-powered vehicles. Hertz said it would sell the…
Tag: Standard
Standard Chartered banker bullish on outlook for yuan assets as stars align
[ad_1] The anticipated US interest-rate cuts, the Hong Kong government’s measures to attract family offices and the coming investment migration scheme will attract investors to yuan-denominated assets this year, according…
Billionaire telecoms tycoon plots Italian marriage to Vodafone
[ad_1] The proposed merger comes as Vodafone boss Margherita Della Valle looks to slim down the company’s sprawling operations and pay down debt. The company has struck a £15bn deal…
Standard Chartered launches transaction-banking academy in Nigeria | The Guardian Nigeria News – Nigeria and World News
[ad_1] Standard Chartered Bank Nigeria Limited has launched a proposition towards the professional development of women within the banking sector with the Transaction Banking Academy, which is part of its…
Red Sea crisis poses risk to interest rates, warns Bank of England
[ad_1] A surge in shipping prices triggered by chaos in the Red Sea poses a threat to interest rates, the Governor of the Bank of England has warned. Andrew Bailey…
Britain to borrow record £206bn from private investors this year as election looms
[ad_1] Vivek Paul, chief investment strategist for the UK at BlackRock, said any expensive election pledges could unnerve investors. “As inflation falls in the UK and we get closer to…
Europe ‘eats Britain’s lunch’ as tourist tax raid costs UK £3bn
[ad_1] In 2022, spending in the UK by visitors from Gulf states – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE – was still 35pc below its pre-Covid level,…
Interest rate cuts unlikely in 2024, warns founding MPC member
[ad_1] There is also a risk of another rise in energy prices, Dame DeAnne warned, particularly as tensions rise in the Middle East. It is feasible that the Bank could…