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Greenland will stay Greenland, former Trump adviser declares
Posted onFaisal Islam,Economics editor, Davosand Oliver Smith,Business reporter, Davos Gary Cohn says he thinks invading a country that is already part of Nato is “a little bit over the edge” Donald Trump will not be able to force Greenland to change ownership, a former top adviser to the US president has told the BBC. IBM’s vice…
River Island allowed to shut shops to stave off collapse
Posted onRachel Clun Business reporter, BBC News Getty Images River Island has been given the green light to close 33 stores across the UK after the High Court approved the fashion retailer’s restructuring plans. The High Street brand said a customer shift towards online shopping and higher operating costs had contributed to multi-million pound losses. It…
Sanae Takaichi: Japan stocks hit record after ruling party names pro-business leader
Posted onJapanese stocks have hit a record high after the country’s ruling Liberal Democratic Party (LDP) named Sanae Takaichi as its new leader, positioning the pro-business politician to be Japan’s next prime minister. The benchmark Nikkei 225 index closed 4.75% higher on Monday, ending the day above 47,000 for the first time. Takaichi, who has held…
Trumps signature to appear on US bank notes in first for sitting president
Posted on“There is no more powerful way to recognize the historic achievements of our great country and President Donald J. Trump than US dollar bills bearing his name,” Bessent said. US banknotes have traditionally carried the signatures of Treasury officials.
Covid Inquiry to probe furlough and business loans
Posted onThe third stage of the Covid-19 Inquiry begins hearing evidence on Monday focusing on the measures taken to support workers’ incomes and keep businesses afloat when the pandemic struck. It will focus on what action the UK government, devolved administrations in Scotland, Wales and Northern Ireland, and local authorities took, how well schemes were designed…
