Author: Press Room
British Airways introduced its new uniform in late September.White blouses worn by female staff are semi-translucent, and the airline issued guidance on what bras staff should wear.The recommendation was removed after the flight attendants’ union complained. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app British Airways told female cabin crew what bras to wear as its new uniform turned out to have a nearly see-through blouse, The Sun first reported.The newspaper reported that some British Airways crew members had felt humiliated after being asked…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US regional banks have returned to a stable footing after turmoil in the first half of the year. Back then, the collapse of Silicon Valley Bank, Signature Bank and First Republic in the space of just two months set off a crisis of confidence in the sector.Intervention by the financial authorities forestalled runs on other banks. But profitability remains a challenge. High interest rates mean small and midsized banks will continue to rely on expensive funding — particularly brokered deposits.As their name…
© Reuters. FILE PHOTO: Traders gather at the post that trades Alaska Airlines stock on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 4, 2023. REUTERS/Brendan McDermid/File Photo By Shristi Achar A and Johann M Cherian (Reuters) -U.S. stock index futures were lackluster on Monday in the run-up to an action-packed week that includes the Federal Reserve’s interest rate meeting and inflation data, both of which will test investor optimism about a soft landing for the economy. The upbeat sentiment around stabilizing interest rates and robust quarterly earnings caused equities to rebound towards…
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© Reuters. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2023. REUTERS/Brendan McDermid/File Photo A look at the day ahead in U.S. and global markets from Mike Dolan The final sweep of major central banks meetings of 2023 this week is unlikely to involve any change of policy rates but may act as a reality check for markets’ prevailing rate cut euphoria. And before we even get to the Federal Reserve’s latest decision on Wednesday, there’s a lot to digest. With Friday’s surprisingly robust U.S. employment report…
The Beachbody Company announces $5,300,000 registered direct offering
A few years ago, interest in offshore wind energy was so strong that developers proposed spending tens of billions of dollars to plunk hundreds of turbines the size of skyscrapers in the Atlantic Ocean from Maine to Virginia.But several of those projects have recently hit the skids after executives miscalculated the impact that the pandemic and rising interest rates would have on supply chains. The industry has found it much more difficult to manufacture, transport and erect wind turbines than it had expected. Just two dozen or so turbines have been installed in U.S. waters, compared with more than 6,000…
Lizelle Strydom Pottier was a single teen mom when she got her first job, in a call center.She worked her way up from sales to recruiter to managing director by her late twenties.Strydom Pottier advocated for training and always put her hand up in the early years. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app This as-told-to essay is based on a conversation with Lizelle Strydom Pottier, a 37-year-old managing director in Durban, South Africa. The following has been edited for length and clarity.At only 17,…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Zlatan Ibrahimović is making his third comeback at the Italian football club AC Milan, this time off the pitch as an adviser to the team’s owners and an operating partner for RedBird, the US private equity firm that controls the Serie A team.According to an announcement to be made later on Monday, the renowned player, who retired in June, will act as an adviser to AC Milan’s management and ownership. The club’s owners include the New York Yankees and Main Street Advisors,…
© Reuters. Argentina’s President Javier Milei addresses supporters gathered outside Casa Rosada after his swearing-in ceremony, in Buenos Aires, Argentina December 10, 2023. REUTERS/Matias Baglietto/File Photo BUENOS AIRES (Reuters) – Argentina’s new government will lay out its economic measures on Tuesday, presidential spokesman Manuel Adorni said Monday, after radical libertarian Javier Milei took office as the country’s new leader. Milei in his maiden speech warned he had no alternative to a sharp, painful fiscal shock to fix Argentina’s worst economic crisis in decades, with inflation heading towards 200%. The announcements will be made by Economy Minister Luis Caputo,…