Lufthansa Group shares (ETR: LHAG) saw a modest rise on Thursday following comments from CEO Carsten Spohr, who indicated in an interview with Italian daily Corriere della Sera that the airline might increase its stake in Italy's ITA Airways to 90% starting early next year. This announcement came on the...

A new study from financial consultancy the lang cat has revealed that only 9% of people in the UK currently pay for financial advice, down from 11% in 2023. This decline has led the lang cat to question the effectiveness of the Financial Conduct Authority's (FCA) Consumer Duty regulation, which...

Canada's latest high world ranking brings concerning news, as a report from Desjardins Financial Services reveals that the nation has the third-highest household debt levels globally, trailing only Switzerland and Australia. This follows a May 2023 report from the Canada Mortgage and Housing Corporation (CMHC), which highlighted that Canada had...

Recent findings from the National Council of Applied Economic Research (NCAER) indicate a significant reduction in poverty levels in India over the past decade. According to a research paper titled "Rethinking Social Safety Nets in a Changing Society," authored by Sonalde Desai, poverty has decreased from 21.2% in 2011-12 to...

Across the globe, 91 countries and territories have implemented full or partial bans on plastic bags. Africa has been particularly proactive in this area, while Europe predominantly opts for charging fees or taxes to curb plastic bag usage. However, the trend in Europe is shifting towards bans, especially for smaller...

Euroleague Basketball has confirmed the extension of Dejan Bodiroga as president and Paulius Motiejunas as CEO, each for an additional four years, following a unanimous decision by the Board of Directors and subsequent approval by the Euroleague Commercial Assets (ECA) Shareholders on Thursday. Bodiroga, who took on the role of...

New research has revealed that Canada is the country that most people around the world want to relocate to. Experts at 1st Move International analyzed Google search data to see where people were looking to immigrate — and the North American nation appeared more than any other. More than 1.5 million...

According to PwC's 27th Annual CEO Survey, Environmental, Social, and Governance (ESG) issues remain a top priority for organizations, driven by increased regulations and pressures from consumers and reputations. Companies are investing in ESG strategies and policies to encourage desired behaviors, boost engagement, and attract and retain talent. However, despite...

The Indian job market is set for a significant growth spurt, with an expected increase of over 6 % in the first half of the current fiscal year, buoyed by positive economic conditions across 23 industries, according to TeamLease Services. Their Employment Outlook Report for H1 FY25 (April 2024 to...