The City has a duty to prevent people from lower socio-economic backgrounds falling behind

With traditional ways of working being upended by the pandemic, employers and employees across all industries are looking to reinvent their sector and address historic challenges. For the financial and professional services sector, a key part of this journey has to be achieving a more diverse and inclusive workplace. Focusing on increasing diversity in the …

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https://www.hellenicshippingnews.com/the-city-has-a-duty-to-prevent-people-from-lower-socio-economic-backgrounds-falling-behind/

Financial regulators urgently need to get a grip on ‘Big Tech’ – BIS

Central banks and financial regulators urgently need to get to grips with the growing influence of ‘Big Tech’, according to top officials from central bank umbrella group the Bank for International Settlements (BIS). Global watchdogs are increasing wary that the huge amounts of data controlled by groups such as Facebook (NASDAQ:FB), Google (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN) …

The post Financial regulators urgently need to get a grip on ‘Big Tech’ – BIS first appeared on Hellenic Shipping News...

https://www.hellenicshippingnews.com/financial-regulators-urgently-need-to-get-a-grip-on-big-tech-bis/

China’s July factory activity growth slips to 15-month low – Caixin PMI

China’s factory activity growth slipped sharply in July as demand contracted for the first time in over a year in part on high product prices, a business survey showed on Monday, underscoring challenges facing the world’s manufacturing hub. The Caixin/Markit Manufacturing Purchasing Managers’ Index...

https://www.hellenicshippingnews.com/chinas-july-factory-activity-growth-slips-to-15-month-low-caixin-pmi/

Japan’s consumer confidence hits 17-month high despite new COVID-19 curbs

Japan’s consumer confidence hit a 17-month high in July, a government survey showed on Monday (Aug 2), returning to pre-coronavirus pandemic levels despite a resurgence in infections that forced Tokyo to impose fresh state of emergency curbs. Households were more upbeat in July about their...

https://www.hellenicshippingnews.com/japans-consumer-confidence-hits-17-month-high-despite-new-covid-19-curbs/

China will maintain prudent, flexible monetary policy in H2 – central bank

China will maintain a prudent, flexible and targeted monetary policy in the second half of the year, its central bank said on Saturday, as it seeks to support growth while keeping the digital economy in check. China’s economy has staged a strong rebound from the impact of the COVID-19 pandemic, but...

https://www.hellenicshippingnews.com/china-will-maintain-prudent-flexible-monetary-policy-in-h2-central-bank/

U.S. senators predict passage of infrastructure bill this week, but still waiting for final text

The U.S. Senate reconvened on Sunday to finalize legislative text and forge ahead with a sweeping $1 trillion spending plan for roads, rail lines, communications networks and other infrastructure, with some senators predicting final passage later this week. Senator Susan Collins, a Republican from Maine, told CNN that she believes at least 10 Republicans will …

The post U.S. senators predict passage of infrastructure bill this week, but still waiting for final text first appeared on Hellenic...

https://www.hellenicshippingnews.com/u-s-senators-predict-passage-of-infrastructure-bill-this-week-but-still-waiting-for-final-text/

Green trend in global economy is a long-term one – Russian presidential aide

The prospect of the development of green technologies and the introduction of regulation in this area is a long-term trend for Russia and the world as a whole, it must be taken into account in economic policy, aide to the Russian President Maxim Oreshkin said in an interview with the Rossiya 24 TV...

https://www.hellenicshippingnews.com/green-trend-in-global-economy-is-a-long-term-one-russian-presidential-aide/

China will maintain stable macro polices in H2 to ensure growth – Politburo

China will maintain the stability, continuity and sustainability of its macro policies in the second half and ensure economic growth stays within a reasonable range, a top decision-making body of the ruling Communist Party said. A prudent monetary policy means that liquidity would be kept reasonably ample to help small businesses and struggling industries recover, …

The post China will maintain stable macro polices in H2 to ensure growth – Politburo first appeared on Hellenic Shipping News...

https://www.hellenicshippingnews.com/china-will-maintain-stable-macro-polices-in-h2-to-ensure-growth-politburo/

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