The Notebook: Kokou Agbo-Bloua on fashionomics, inflation musings and our broken food system July 25, 2023 Where interesting people say interesting things. Today it’s Kokou Agbo-Bloua, global head of economics, cross-asset & quant research and UK head of research at Societe Generale Fashionomics: The Good, The Bad and The Ugly Since the dawn of time, clothing has been an important part of our human experience. We lost our fur at least [...]
US bans accountants and consultants from working with Russia May 8, 2022 The US government has told American citizens they are now banned from providing professional services to anyone in Russia, as part of new sanctions in response to the war in Ukraine. The White House said today that all US persons are now banned from providing accounting, trust and corporate formation, and management consulting services to [...]
Post-Brexit trade: Over half of UK firms pivoting to EU for growth, HSBC report says November 15, 2022 More than half UK firms are pivoting toward the European Union to navigate their way through economic turbulence. A groundbreaking survey carried out by HSBC UK found that 53 per cent of companies are targeting trade with the continent in spite of post-Brexit rules and renewed Brussels red tape. Surveying 2,000 firms in one of [...]
Pro-Kremlin paper admits close to 10,000 Russian solders killed in Ukraine while 16,000 troops wounded March 23, 2022 Pro-Kremlin tabloid Komsomolskaya Pravda has published Russian Ministry of Defence figures that list 9,861 Russian troops have now died in Ukraine. Moreover, the paper also says 16,153 have been wounded in the ongoing war. “Huge if true – though this probably won’t stay online long,” Matthew Luxmoore, the Wall Street Journal’s reporter in Moscow tweeted. [...]
Airbus chief: A China-West economic divorce remains unlikely November 14, 2022 The economic relationship between China and the West will never be truly over, Airbus’s chief executive Guillaume Faury has said. According to the chief executive, despite current economic and political tensions, the two blocks are too intertwined to sever all ties, as this would lead to a global economic collapse. “I think a breakup of [...]
UK manufacturing growth slumps to 16 month low June 1, 2022 The soaring cost of living and a slowdown in shopper demand choked off growth in British manufacturing last month as the sector expanded at the weakest rate since January 2021, a closely watched survey revealed today
Explainer: How the Conservatives lost the farmers’ vote February 21, 2023 The Conservatives have lost Britain’s farmers. In December, support for the Tories among farmers dropped to 42 per cent. For the first time in living memory, less than 50 per cent of the farming community said they would vote Conservative if there was an election tomorrow. In December 2021, that number was 57 per cent. [...]
Ukrainian President Zelensky warns of ‘fully fledged’ European war if Russia invades February 1, 2022 A Russia-Ukraine conflict would turn into a “fully fledged” European war, Ukrainian President Volodymyr Zelensky has warned. Zelenksy met with Boris Johnson in Kyiv today, with the Ukrainian President telling a press conference that “we have to be prepared for bad things” as fears continue to mount that Russian President Vladimir Putin will launch an [...]
High Court judge says it would be unfair to force Ukrainian billionaires to fight $4.2bn fraud trial April 7, 2022 A High Court Judge has halted a $4.2bn fraud trial after claiming it would be unfair to force two of Ukraine’s richest men to fight the court battle due to Russia’s invasion of Ukraine. The High Court Judge adjourned the court battle between Ukraine’s biggest bank, Privatbank, and Ukrainian billionaires Gennadiy Bogolyubov and Ihor Kolomoisky, [...]
British Airways owner IAG predicts bounce back to profitability on return of global travel May 6, 2022 British Airways owner International Airlines Group (IAG) today said it believes the easing of global restrictions and the return of global travel will see it bounce back to profitability. The firm – formed through the merger of Iberia and British Airways in 2011 – said its Q1 2022 passenger numbers were 65 per cent those [...]