Category: Regional
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Reeves plans closer ties between National Wealth Fund and regional mayors to drive local growth
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Rachel Reeves, Chancellor, will instruct the National Wealth Fund and Investment Office to coordinate their efforts with regional mayors for the first time. The plan is part of a series of measures designed to boost local and national prosperity by enhancing cooperation between Whitehall and the devolved administrations. After meeting…
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Regional hiring slumps as Labour’s NI rise dents employers’ confidence
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Employment outside London fell significantly after Chancellor Rachel Reeves unveiled her first Budget, leaving regional businesses scrambling to contain costs. Recruitment firm Robert Walters reported a 45% fall in fee income from operations outside the capital during the final quarter of 2024, while income in London rose 3%. The company…
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Office property meltdown is starting to surface at regional banks
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(Bloomberg) — The decline in the value of office properties is rippling across U.S. banks, with smaller lenders in particular ramping up the use of loan modifications on their commercial real estate books. Most read from Bloomberg A Moody’s report found that the typical bank with less than $100 billion…
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Regional elections risks may impact EUR, warns Citi By Investing.com
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Citi has highlighted the potential for increased political risk in Europe as German regional elections begin on September 1. According to the Citi Economics Europe report, the elections could lead to major shifts in regional politics, potentially destabilizing the national coalition, changing national fiscal policies, and reorienting Germany’s policies within…
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UAE Shows Regional Diplomatic Sway With Gaza Aid, Ties to Israel
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Breadcrumbs Path Links PMN Business A piece of Abu Dhabi has arrived in El Arish, a small town in North Sinai about 50 kilometers from Gaza. Once rarely visited by outsiders, this coastal spot is now teeming with Emirati volunteers in cargo pants and beige vests emblazoned with the UAE…
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ATFX Executive Interview – Africa, Regional Expansion in Focus
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Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…
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KKR, GIP lead $25 billion regional infrastructure tie-up, US says By Reuters
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SINGAPORE (Reuters) – KKR, Global Infrastructure Partners (GIP) and the Indo-Pacific Partnership for Prosperity have formed an alliance to invest $25 billion in infrastructure in the Indo-Pacific region, U.S. Commerce Secretary Gina Raimondo said on Thursday. Raimondo, who was speaking in Singapore, said the investment will include green data centers…
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BIS and The Intricacies of Regional Payment Infrastructure Integration
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As digital sensors spread across continents, the need for seamless cross-border transactions has become paramount. This is where the integration of regional payments infrastructure comes into play, with the aim of establishing connections between the financial arteries of different countries. But, like any ambitious project, this integration effort comes with…
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Lawyers challenges nomination of former MCA as regional court judge
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The Law Society of Kenya (LSK) has challenged the nomination of Zablon Moroka Mukwa as a judge at the East African Court of Justice (EACJ) arguing that the former chamber representative is not qualified for the position. Mr Mukwa, who served as Member of the County Assembly (MCA) for the…
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New Crypto Casino TG.Casino Becomes Regional iGaming Partner of AC Milan
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Cryptocurrency casino platform TG.Casino and famous Italian football team AC Milan announced a new partnership this week. TJ casino advertisement In a tweet on May 6, @TCasino_ posted on X: “TG Casino is proud to officially announce our new partnership with AC Milan joining them as an iGaming partner in…