This $3.6b Boston Health Tech Start-up Pays Its Employees To Sleep More
Hostile leadership and unfairness in the workplace have been linked to sleep deprivation and a lack of motivation amongst workers.
Student Amputates His Legs To Get £1M Insurance Payout; Only Gets £5611 and Has To Pay It Back
Taiwanese student, Zhang, worked alongside Liao to try and fraudulently claim £1 million in insurance payouts over leg amputations caused by frostbite.
Employer Turns Down 'Excellent' Applicant Due To 5 -Year Break: Why Gap Years Shouldn't Matter
While career gaps can still lead to rejections, there has been a hike in recruiters who welcome lengthy gaps in employment.
Lawyer Explains Why Termination Meetings Are Short and 3 Questions To Ask When Fired
The UK is witnessing a rapid increase of contract terminations and final meetings are being cut short to avoid liabilities.
UK's Gen Z Too Sick To Work Due To 'Mental Health' Reasons Is 'Harming The Economy'
The study also highlights how mental health issues can even force young adults into lower-paid jobs or unemployment.
What Does UK Entering Recession After Steeper-Than-Expected Fall In GDP Mean For Brits
While recessions of the past, notably during the global financial crisis of 2008-2009, were protracted and severe, indications suggest that this downturn may be milder and short-lived.
China New Year Holiday Spending Surges Past Pre-pandemic Levels
China's new year holiday spending last week surged past pre-pandemic levels, official figures showed, a rare bright spot for an economy struggling with sluggish consumption and deflation.
UK Economy Slides Into Recession Ahead Of Election
Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party is forecast to lose a general election expected this year.
Stock Markets Mixed As Investors Digest Corporate Results
While US stocks closed up, the picture in Europe was less positive: London, Paris and Frankfurt all ended lower as investors locked in profits from recent gains.
Unemployment Rate in the UK: Official Figures Show Potential Discrepancy
The new data, derived from experimental results within the Labour Force Survey, could potentially exert pressure on the Bank of England to reconsider any immediate plans for interest rate cuts.
Shares In Banking Giants BNP, ING Fall Despite Hefty Profits
Shares in European banking giants BNP Paribas and ING tumbled on Thursday as disappointing fourth-quarter results took the shine off bumper annual profits.
US Fed Rate Cuts Become Question Of When, Not If
The US Federal Reserve is widely expected to start cutting interest rates in the coming months, as inflation edges closer to its long-run target of two percent.
UK Wage Growth Continues To Slow And Threaten Labour Market
The Office For National Statistics reports that the annual rate of growth in earnings, including annual bonuses, has slowed to 6.5 per cent.
China's Xi Hails 'Resilient' Economy In Bullish New Year Speech
President Xi Jinping said Sunday the Chinese economy had grown "more resilient and dynamic" in 2023, despite financial figures continuing to disappoint as the post-Covid recovery stalls.
Asian Stocks Open Year's Last Trading Day Cautiously
Asian stocks opened cautiously on Friday, largely continuing an end-of-year rally that has been boosted by investors' expectations of a US Federal Reserve rate cut as early as March.
Stock Markets Mixed As Trading Year Nears End
Global stocks were mixed Thursday on the penultimate trading day of 2023, while oil prices fell on easing worries about shipping disruptions in the Red Sea.
Blinken Seeks Way Forward In Mexico On Migration Surge
US Secretary of State Antony Blinken held talks Wednesday in Mexico in hopes of tackling surging migration, which has become a major political headache for President Joe Biden as he enters an election year.
Bank Of England Holds Interest Rate, Warns On Inflation
The Bank of England on Thursday held its key interest rate and warned it will remain high to tackle inflation, indicating in contrast with the Federal Reserve that cuts were unlikely any time soon.
UK Household Financial Struggles Soar Amid Cost-of-Living Crisis
The latest research from the consumer group Which? unveiled that 9.8 per cent of surveyed households admitted to missing or defaulting on payments for loans, credit cards, housing, or household bills during that period.
China Accused Of Genocide As Hundreds Of Mosques Are Destroyed
As part of its policy that sets out to "sinicise" religious minorities, the Chinese government has ordered the destruction of thousands of mosques.
London Mayor Sadiq Khan Aims To Be 'Pro-Business' With New Investment Announcement for UK SMEs
London Mayor Sadiq Khan has launched a first phase of business funding worth £62 million to help UK SMEs in and around London to scale up, creating more jobs in the region.
Cooling US Inflation Raises Hopes Of An End To Rate Hikes
US consumer inflation cooled more than expected last month, according to government data published Tuesday, providing welcome news for policymakers looking to control price increases without damaging the economy.
Bank of England Holds Interest Rates At 5.25% for Second Time
Nine members of the Monetary Policy Committee (MPC) voted 6-3 in favour of maintaining the current rate, in a move that was widely anticipated.
US Fed Likely To Pause Again With Rates At 22-year High
The Federal Reserve will likely announce it is holding interest rates at a 22-year high on Wednesday, as it looks to tackle inflation without damaging the resilient US economy.
Green And Gold Fever Grips S.Africa Ahead Of Rugby World Cup Final
From restaurant cooks to street workers, Springbok jersey-wearing South Africans are ubiquitous in Johannesburg, as a frenzied mood grips the nation in anticipation of Saturday's Rugby World Cup final.
UK Businesses 'Stuck in Reverse' in October, According to Recent Survey
The figures are worrying reading, as the Bank of England (BoE) prepares for its latest interest rate decision next week.
Strategize Against Your FOMO
If you were a calf and saw your entire herd stampeding off into the distance, you'd likely feel you should join in too.
UK Inflation Resists Expected Slowdown in September Amid Rising Oil Prices
CPI reported a year-on-year increase of 6.7 per cent, maintaining the same pace as the previous month, contrary to economists' predictions of a dip to 6.6 per cent.
Israel Order 'Total Blockade' On Gaza And Destroys 1,000 Hamas Targets After Death of 900 Israel
In retaliation for the mass murder of more than 900 Israeli nationals, Israel has cut off all food, water and electricity supplies in Gaza. In Gaza, more than 700 people have been killed in the air strikes.
Warnings Of China's Collapse Are Premature As The Nation Still Has One Of The Largest Economies
A total collapse of China in the near term, even with many Western firms reducing their exposure to China's economy, would collapse the global economy, some experts believe.