When senior staff buy their own company's shares during layoffs, they're signaling that a turnaround will succeed. AP Photo/Richard DrewIt’s a mantra among business executives that slashing their workforce will streamline operations and increase productivity – a strategic boost to the bottom line.
When senior staff buy their own company's shares during layoffs, they're signaling that a turnaround will succeed. AP Photo/Richard DrewIt’s a mantra among business executives that slashing their workforce will streamline operations and increase productivity – a strategic boost to the bottom line.
A report examines how the war in Iran has weighed on Asian economies, but left China in a more advantageous position.
Andy Burnham’s long held ambition to be the UK’s prime minister will come with some daunting economic challenges.
Productivity growth is at a virtual standstill, real incomes have stagnated and the cost-of-living crisis has become a permanent fixture for many households. Meanwhile, the government spends around £110 billion a year paying the interest on nearly £3 trillion of debt.
Burnham says he is on a “10-year mission” to transform the country. So what might he do to try to fix the British economy?
Building activity jumped in March, with a rise of 22.3 percent year-on-year, after an increase of 5.4 percent in the previous month, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Monday.
Greece’s economic sentiment (ESI) continued improving in June, with the index at 108.3 points, from 107.7 in the previous month, according to European Commission figures released on Monday.
Trade tensions between the EU and China are deepening. On June 16, the EU’s trade chief, Maroš Šefčovič, said the bloc’s unbalanced trade relationship with China “had reached a point that requires a reset”. The German chancellor, Friedrich Merz, then criticised Beijing days later for what he claimed were its unfair trade practices.
The Greek government continues to face challenges in defending its economic record, as stories gain prominence about Greeks increasingly being unable to afford what used to be normal daily life and routine. Readers will be aware that this is an issue we have covered extensively over recent months.
Private capital group is looking beyond its traditional speciality in corporate buyouts
As the countdown begins for the NATO Summit in Ankara (7–8 July), Greece and Turkey are entering the meeting with modest expectations regarding bilateral relations, despite maintaining open diplomatic channels.
