European Central Bank could announce policy tweaks this week after shock inflation data

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European Central Bank could announce policy tweaks this week after shock inflation data

The single currency has appreciated considerably since its March lows making euro zone goods more expensive for the rest of the world and dampening price pressure from imported goods. While the majority of analysts don’t expect much policy action and …
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Redemption intensifies, August equity MF outflow highest in a decade

As investors continued to flush out money from mutual funds, inflows into equity schemes remained under pressure in August even as markets rally sustained. According to data released by Association of Mutual Funds in India (AMFI) on Wednesday, net …
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UK retailer New Look faces administration risk if restructuring blocked

LONDON, Sept 9 (Reuters) – Struggling British fashion retailer New Look warned on Wednesday it would be forced to consider “less favourable alternatives” if unsecured creditors do not support its latest restructuring plan, potentially putting about 11,000 jobs …
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US companies are sticking with China despite rising tensions and pressure from Trump

Hong Kong (CNN Business) American companies in China are feeling increasingly pessimistic about trade tensions between Washington and Beijing. But very few want to uproot their business in the world’s second biggest economy. Some 92% of …
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COVID-19 Pandemic Accelerates Digital Transformation Strategies for Accounting Firms

As the world reels from COVID-19 and its ensuing economic effects, accounting firms are forced to innovate on a dime to ensure business continuity in
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