Virgin Atlantic is seeking 200 pilots to help operate its flying schedule starting next summer, even as the European air-transport industry remains in the grip of a staffing shortage.The carrier plans to hire first officers across both its Airbus and Boeing fleets. About 100 pilots will be needed for...
The City of London faces another post-Brexit blow to its dominance after the EU moved to require firms to settle more financial-risk reducing trades within the bloc.The plan centres on trades in securities known as derivatives, and on financial market clearing houses, the intermediaries that enable the transfer of...
A £65m superyacht owned by a sanctioned Russian oligarch has attracted 63 bids at auction in Gibraltar in the first sale of an oligarch’s assets since Putin invaded Ukraine in February.The 72.5-metre Axioma, was seized from steel billionaire Dmitry Pumpyansky in March following sanctions by the UK, EU and...
UK borrowing costs have risen faster than any other major country in the last month as market jitters over the new government’s more relaxed fiscal policy mount. Some analysts had raised doubts over whether the Bank would push ahead with bond sales under quantitative tightening (QT) after the recent plunge...
Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterAug 16 (Reuters) - It looks like ethereum's mega-upgrade is happening. Finally.After years of delays, the "Merge" seems all but certain to take place...
The diktat came from Jamie Dimon during a closed-door meeting at JPMorgan Chase’s headquarters in November. Facing growing pressure from nimbler fintechs, the chief executive of the biggest US bank pushed the leaders of his two largest divisions to put aside any differences and collaborate on a new payments...
Ireland can protect tens of thousands of hospitality and drinks sector jobs with a 7.5% reduction on excise tax on alcohol products, says Kathryn D’Arcy, newly elected chair of the Drinks Industry Group of Ireland.The director of communications and corporate affairs at Irish Distillers, Kathryn succeeds Diageo’s Liam Reid...
The competition watchdog has approved the €7.6bn plan by Permanent TSB to acquire a huge chunk of the mortgage loan book and 25 branches from Ulster Bank, the last of a trio of banking deals that will change the landscape of Irish banking forever. Friday's decision by the Competition and Consumer...