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Top News In Biz Yum Today - Breaking & Trending Today

UK on track for most company insolvencies since 2009

England and Wales are on track for the highest quarterly number of company insolvencies since early 2009, as businesses struggle to repay COVID-19 loans against a tough economic backdrop, government figures showed on Tuesday. ....

City Of , United Kingdom , Andy Bruce , Gareth Harris , David Milliken , Thomson Reuters Trust Principles , Insolvency Service , Kingdom Restructuring , Creditor Voluntary Liquidations , Thomson Reuters Trust ,

EU has to come clean on costs of green transition

Europe is providing a test of whether weak governments can enact strong policies. It has set firm goals to reduce carbon emissions by at least 55% by the end of the decade, before becoming carbon-neutral by 2050. European Union governments have agreed on the strategy, but they tend to paper over the short-term economic costs of the green transition. If they don’t come clean to public opinion, and explain how these costs will be shared, they may face crippling populist protests that will compromise their end goals. ....

United Kingdom , France General , City Of , Jean Pisani , Francesco Guerrera , Bruno Le Maire , Selma Mahfouz , Christian Lindner , Oliver Taslic , Keir Starmer , Paolo Gentiloni , European Union , European Union Green Deal , Labour Party , International Energy Agency , Thomson Reuters Trust Principles , Office For Budget Responsibility , European Commission , Reuters Breakingviews , Jean Pisani Ferry , Social Democrats , Sunday Paolo Gentiloni , Financial Times , Finance Minister Bruno Le Maire , Finance Minister Christian Lindner , Green Deal ,

Singapore's clean reputation gets a timely test

Singapore could turn a governance crisis into an opportunity. Its transport minister S. Iswaran and Ong Beng Seng, the property billionaire credited with bringing Formula One to the city, were arrested and released on bail last week. The rare high-profile probe involving a public official by the hub’s anti-graft agency is a timely test of the Asian centre’s willingness to act tough on corruption. ....

New Zealand , Hong Kong , Thomas Shum , Una Galani , Practices Investigation Bureau , Hotel Properties Ltd , Transparency International Corruption Perceptions Index , Thomson Reuters Trust Principles , Marriott International , Intercontinental Hotels Group , Reuters Breakingviews , Ong Beng Seng , Formula One , Prime Minister Lee Hsien Loong , Corrupt Practices Investigation Bureau , Transparency International , Corruption Perceptions , Minister Lee Hsien Loong , Four Seasons , Six Senses , Thomson Reuters Trust , Reuters News , Trust Principles ,

Morgan Stanley profit drops 14% as deal drought persists

Morgan Stanley's profit beat estimates as growth in its wealth management business offset lower trading revenue in the second quarter, and executives expressed optimism about the economic environment. ....

New York , United States , Mehnaz Yasmin , James Gorman , Arun Koyyur , Lananh Nguyen , Niket Nishant , Tatiana Bautzer , Thomson Reuters Trust Principles , Morgan Stanley , Thomson Reuters Trust ,

Financials power Indian shares to new highs

Indian shares closed higher on Tuesday, advancing for the fourth session in a row, as gains in IT stocks and by Reliance Industries offset a broad sectoral decline. ....

Janane Venkatraman , Abhimanyu Godara , Pankaj Chhaochharia , Bharath Rajeswaran , Reliance Industries , Thomson Reuters Trust Principles , National Securities , Antique Stock , National Securities Depository , Sheela Foam , Thomson Reuters Trust ,