Business

Amazon TV ad features imam and vicar exchanging gifts

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Online retailer says campaign in US, UK and Germany is about ‘selflessness and thinking of other people’ Mark Sweney Amazon is launching a TV ad in which an imam and a vicar exchange gifts, before the Black Friday shopping bonanza during which consumers will spend billions with the… Amazon TV ad… Read More »

Can the European Project be Re-boosted?

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The European project is at a critical juncture. According to the most recent Eurobarometer,[1] 36% of Europeans are opposed “to an economic and… Louka T. Katseli Progressive Economy Brexit is the most dramatic manifestation of a growing lack of trust in European institutions and their capacity to deliver observable benefits to the… The rise of extreme political parties in… Can the European… Διδάγματα από την Ελληνική κρίση – Εκδήλωση του ΔΟΒΕ προς τιμή του Γεράσιμου Αρσένη Lessons from the Greek Crisis “Policies, ... Read More »

Google commits to £1bn UK investment plan

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Google is to open a new headquarters building in London which could see 3,000 new jobs created by 2020. Kamal Ahmed BBC The news comes as a major boost to Britain’s technology sector. Sundar Pichai, the chief executive of Google, told the BBC that the… Google commits to… Read More »

Virgin Trains to recruit from prisons

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West Coast Mainline operator Virgin Trains says it has doubled the number of ex-offenders it employs. The train operator, which runs services between Scotland and London, ran a recruitment fair at Addiewell Prison, West Lothian, this week. More will be held in prisons across the… Virgin Trains to… Read More »

For Helping Immigrants, Chobani’s Founder Draws Threats

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By many measures, Chobani embodies the classic American immigrant success story. By DAVID GELLES  Its founder, Hamdi Ulukaya, is a Turkish immigrant of Kurdish descent. He bought a defunct yogurt factory in upstate New York, added a facility in Twin Falls, Idaho, and… For Helping Immigrants… Read More »

Taskforce to Take Action To Protect Migrant Workers

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A newly established Migrant Workers’ Taskforce, set up by the federal government, has agreed to a program of action to deal with the exploitation of migrant workers in Australia’s workplaces. Lina Caneva, Editor Minister for Employment Senator Michaelia Cash said the Migrant Workers’ Taskforce was set up to bolster the government’s efforts to protect at-risk workers. Chaired by Professor Allan Fels AO, the… Read More »

Mark Carney writes his own departure script

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The governor of the Bank of England said he will step down in June 2019. By FRANCESCO GUERRERA LONDON — Mark Carney is going but not until after Brexit. Like all superstars, the photogenic governor of the Bank of England scripted his own exit from the U.K. political stage. After keeping politicians, investors, and… Mark Carney writes his… Read More »

Westpac and Thrive Partnership to Help Refugees Start Businesses

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Banking giant Westpac and refugee microfinancing charity Thrive have joined forces in a $2 million partnership to support refugees to establish their own businesses in Australia. Pro Bono Australia Lina Caneva Westpac has also seconded a chief operating officer (COO) to develop all elements of Thrive’s operations, from credit policies to loan documents, and help establish it as a stand-alone entity. Westpac said it would provide funding without… Westpac and Thrive Partnership to… Read More »

Kristalina Georgieva to quit Commission for World Bank job

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A source said the Bulgarian was frustrated with the ‘poisonous’ influence of Jean-Claude Juncker’s chief of staff. By RYAN HEATH Kristalina Georgieva resigned Friday as vice president of the European Commission to take a job as CEO of the World Bank, after becoming frustrated by the… Kristalina Georgieva to… Read More »

Lofty ambitions confront reality in Turkish Stream pipeline

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Russia and Turkey signed an agreement to build a gas pipeline early this month, provoking worry that the Turkish Stream pipeline could render Ukraine obsolete as a gas conduit to Europe. By Josh Kovensky Ankara appears to have ambitions to become a gas transit hub connecting Central Asia, the Black Sea region and the… Lofty ambitions confront… Read More »

Belgian politicians drop opposition to EU-Canada trade deal

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EU leaders hope deal will be signed as Belgian PM says leaders of five regional parliaments have reached an agreement Jennifer Rankin in Brussels European Union leaders have expressed hope of signing a trade deal with Canada after Belgian politicians overcame differences that had been blocking the treaty. The Belgian… Belgian politicians drop… Read More »

Pierre Moscovici, trying to make Italian duvet fit EU suitcase

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The economics commissioner on the challenge of keeping budget rules squishy enough. By PIERRE BRIANÇON PARIS — Pierre Moscovici has an expression to show the direction he’d like his high-stakes negotiations with Italy to take: “We have to fit the duvet into the… Pierre Moscovici, trying… Read More »

Australia is no longer the home of the ‘fair go’, says report

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Country is less fair, less safe and has more people in prison than comparable nations, says Community Council of Australia Calla Wahlquist A report by the Community Council of Australia has shattered perceptions that Australia is a country of the “fair go”, finding it is less fair, less safe, and with a… Australia is no… Read More »

Why the rich can’t be trusted with money

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The members of the investor class are programmed to destroy. by Larry Beinhart Every time the rich get too much money – as marked by a sharp rise in income inequality – the same things always happen. A bubble! A grand, exuberant, investing, spending, paper profits spree. It… Why the rich… Read More »

Last-ditch talks aim to save EU-Canada trade deal

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BRUSSELS: The head of the European parliament and Canada’s trade minister held last-ditch talks Saturday aimed at salvaging a trade deal threatened by a Belgian region’s refusal to sign on Agence France Presse EU assembly chief Martin Schulz also planned an 11th-hour huddle with Paul… Last-ditch talks… Read More »

Whisky industry loses battle over minimum drink price

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Doctors yesterday hailed a court ruling in favour of minimum pricing for alcohol claiming Scotland’s health would dramatically improve as a result of the measure to reduce heavy drinking. The Court of Session backed the Scottish Government’s controversial plans to impose a minimum price of 50p per unit of alcohol, taking a… Whisky industry loses… Read More »