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Monday, August 19, 2019
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19 Aug 2:45pm Markets rally despite new Germany recession warning -- as it happened
The Guardian
Rolling coverage of the latest economic and financial news, as politicians and central bankers face pressure to fight looming downturn
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19 Aug 1:57pm Germany likely to head into recession, central bank warns
The Guardian
Bundesbank says summer’s slump in exports is expected to continue into the autumn Germany’s economy is heading into recession after the country’s central bank warned that a slump in exports during the summer was likely to continue into the autumn. The Bundesbank said a downturn in orders for cars and industrial equipment in the second quarter of the year was likely to continue in the third quarter, leaving the economy on the brink of a technical recession, defined as two consecutive quarters of negative GDP growth.
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19 Aug 1:51pm Updated Leading US bosses drop shareholder-first principle
The Guardian
The real test will be in deeds not words, IPPR thinktank tells Business Roundtable The bosses of 181 of the US’s biggest companies have
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19 Aug 1:49pm Updated Markets rally despite new Germany recession warning - business live
The Guardian
Rolling coverage of the latest economic and financial news, as politicians and central bankers face pressure to fight looming downturn
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19 Aug 12:05pm ‘He locked me out of my own home’: readers’ tales of nightmare letting agents
The Guardian
As Stath Lets Flats returns to Channel 4, Guardian readers share their own stories of inept agents and dodgy practices Inappropriate jokes, damp walls, poky dimensions and pests – all for an extortionate price per calendar month. The second series of the Channel 4 comedy
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19 Aug 11:57am Households cut back on big-ticket spending amid recession fears
The Guardian
Purchases on holidays and cars fall, with UK consumer confidence at lowest ebb in three months UK households have cut back on big purchases such as holidays as fears of a possible recession continue to loom, a survey suggests. Confidence among UK households has fallen to its lowest in three months, according to the latest IHS Markit household finance index, dropping to 43.7 in August from 44.3 the previous month.
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19 Aug 9:56am Why does Donald Trump want to buy Greenland?
The Guardian
The US president’s talk of a ‘large real estate deal’ says a lot about his view of the world Greenland, and more specifically its purchase by the US, is being actively discussed in Donald Trump’s Oval Office. But what exactly is it that makes one of the world’s most desolate places such an attractive proposition? For the president, it is the
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19 Aug 9:12am Leading US bosses’ group drops principle of shareholder-first
The Guardian
Business Roundtable urges companies to consider environment and workers
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19 Aug 8:15am I want to sell my UK home; can I avoid capital gains tax?
The Guardian
I’m a Jersey resident and hear that if I live in my UK house for a year, I don’t have to pay
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19 Aug 7:46am Updated Germany could be falling into recession, warns Bundesbank - business live
The Guardian
Rolling coverage of the latest economic and financial news, as politicians and central bankers face pressure to fight looming downturn
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19 Aug 6:29am 5G battle hots up as EE lodges complaint over Three UK advert
The Guardian
Advertising Standards Authority to investigate whether claims breach code The first hostilities have broken out among telecoms rivals over who offers the best 5G to customers, with EE seeking an advertising ban against claims by Three UK that it offers the only “real” next-generation service. BT-owned EE is understood to have lodged a complaint with the advertising watchdog over an ad campaign by Three UK implying that 5G services offered by rivals are inferior.
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19 Aug 5:36am Call for cut in stock market trading hours to aid working parents
The Guardian
Proposal by City lobby groups could make the industry more accessible to women City lobby groups are proposing cutting stock market trading hours to help make banking and asset management more accessible to women and working parents. The Investment Association, which represents City firms with £7.7tn in assets under management, and the banking lobby group the Association for Financial Markets in Europe, are planning to consult their membership on options that include reducing trading hours down from 8.5 hours to 6.5 hours.
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19 Aug 5:27am Updated Stimulus hopes lift markets as Trump plays down recession fears - business live
The Guardian
Rolling coverage of the latest economic and financial news, as Donald Trump insists that America’s economy is doing ‘tremendously well’
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19 Aug 5:10am Tell us about your worst experiences of letting agents and property viewings
The Guardian
Were there bugs crawling on the walls? Did the estate agent just lie to you? Share your experiences with us Hit sitcom
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19 Aug 3:14am Markets rally as Trump plays down recession fears - business live
The Guardian
Rolling coverage of the latest economic and financial news, as Donald Trump insists that America’s economy is doing ‘tremendously well’
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19 Aug 1:59am Whirlpool has left me using one of its ‘at risk’ tumble dryers for four years
The Guardian
After the alert, I checked my Indesit was safe and it said it was; four years on I’ve checked and it isn’t
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19 Aug 1:01am Global dividends hit new high but growth slows to just 1.1%
The Guardian
Financial companies achieve fastest rise but technology sector payouts fall Shareholders in companies listed on the world’s stock markets pocketed more than half a trillion dollars in dividends during the second quarter of the year, a record for
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19 Aug 1:00am White Claw craze: why the canned drink is the obsession of summer
The Guardian
It’s not just a drink – it’s a lifestyle, fans say. White Claw sales have surged 320% since last year, even as the brand was briefly ‘cancelled’ White Claw has become the obsession of the summer. The alcoholic sparkling water is
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19 Aug 1:00am National Trust objects to plans for big salmon farm off Hebridean isle
The Guardian
Owner of tiny island of Canna says fish farm could harm the environment and economy The National Trust for Scotland has warned that a large salmon farm beside the Hebridean island of Canna could destroy the island’s culture and wildlife. The trust, Scotland’s largest heritage charity, said the proposed fish farm posed unacceptable risks to the sea and the birdlife around the tiny island, and would put its booming tourism economy under great strain.
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18 Aug 8:18pm Iranian tanker at centre of diplomatic row leaves Gibraltar
The Guardian
Shipping data show vessel moving as territory rejects final US request to hold it longer The Iranian supertanker at the centre of a diplomatic row between Britain and Iran left Gibraltar on Sunday night, according to shipping data. The marine traffic monitoring site Refinitiv showed the vessel moving away from the British territory, where it had been held for six weeks.
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18 Aug 7:01pm Britons indulge in surprise pre-Brexit house buying spree
The Guardian
Buyers looking to complete deals before 31 October, says property site Rightmove British house hunters have launched a surprise August buying spree before the scheduled
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