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Starbucks CEO Laxman Narasimhan to work as barista once a month in stores

The new CEO of Starbucks, Laxman Narasimhan, has expressed his intention to work as a barista once a month in order to remain closely...

Cental banks hike rates despite turmoil in banking sector

The Bank of England joined Norway and Switzerland in hiking interest rates on Thursday (23) as inflation remains elevated, though banking-sector turmoil could soon...

India urges Airbus, Boeing to set up jet assembly plants in the country

Aircraft manufacturing majors, Airbus and Boeing, are under increasing pressure to establish plane assembly plants in India. India’s civil aviation minister, Jyotiraditya Scindia, has said...

Bank of England expects inflation to cool faster, hikes interest rates again

The Bank of England raised interest rates by 0.25 per cent on Thursday (23) and expressed optimism that the recent surge in British inflation...

Ajay Banga in India to meet Modi

FORMER Mastercard CEO Ajay Banga, who is the US nominee to lead the World Bank, returned to his homeland, India, on Thursday (23). The visit...

London retains second spot in global financial centre survey

New York maintained its top position in the latest rankings of global financial centers released by Z/Yen Group on Thursday (23), with London and...

Just Eat to axe 1,700 jobs to cut costs

Food delivery platform, Just Eat Takeaway announced plans to cut over 1,700 jobs in the UK, mostly courier jobs, as it cuts costs in...
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