ECONOMIC NEWS
13 Feb
Ray Dalio
Bridgewater's Dalio fears rising risk of US recession

Bridgewater Associates founder Ray Dalio said on Monday that the risks of a recession hitting in the next 18 to 24 months are rising.

13 Feb
ep julian assange
Julian Assange's loses court appeal on UK arrest warrant

A judge in London ruled that the arrest warrant for Wikileaks founder Julian Assange remains valid after he presented an appeal to persuade British authorities to drop charges against him for breaching his bail conditions when he entered the Ecuadorian embassy.

13 Feb
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Ryanair will pay over 100m euros more to pilots after union protests

Budget carrier RyanAir has announced that the 20% increase in salaries it's negotiating with its pilots will push its costs €100m higher next year.

13 Feb
jerome powell federal
Wednesday preview: US inflation data 'key' to stock market correction

Tuesday's US inflation reading is seen as crucial to many traders and analysts, with eurozone GDP unlikely to surprise and UK company results coming from the likes of Galliford Try and Shire.

13 Feb
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Surge in electric car sales applies strains global battery supply chain, says Oxford Economics

Over the past few years the belief that electric vehicle sales would rise exponentially, and that the automotive industry as a whole was heading into a period of rapid technological change, took off on the back of heightened concerns about air quality and global warming.

13 Feb
cboxfam
Oxfam deputy chief resigns as sexual misconduct scandal widens

Oxfam deputy chief, Penny Lawrence has resigned on Monday following accusations that she didn’t correctly manage allegations about some of her NGO's staff hiring prostitutes in Haiti in the aftermath of the 2010 earthquake.

13 Feb
Sadiq Khan Mayor of London
Sadiq Khan launches £45m fund to support young Londoners

Sadiq Khan announced on Tuesday that he would create a brand new £45m fund to provide desperately needed funding for local communities and charities aimed at helping the capital's youth fulfil their potential.

13 Feb
Jacob Zuma
South Africa's ANC calls for President Zuma to resign

South African President Jacob Zuma has asked to be given more time after being recalled by his party, the ruling African National Congress.

13 Feb
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Bitcoin&Company

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13 Feb
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Treasury approves appointment of new FSCS chair

The Bank of England's regulatory arms on Tuesday have tapped up a former RBC Capital Markets and State Street banker to take the role of chair of the Financial Services Compensation Scheme.

13 Feb
bandera eeuu usa america
US small business optimism improves more than expected in January - NFIB

Small business optimism in the US improved more than expected in January, according to data released on Tuesday.

13 Feb
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Stronger UK inflation increases pressure for BoE rate hike

UK inflation in January was higher that the market expected and keeps the prospect of a Bank of England interest rate hike in play over the coming months.