Diners Cut Back - QuikReader

Brewers Struggle as Drinkers Cut Back on Beer Worldwide

Consumers around the world are drinking less beer, putting brewers in a bind.

Business - Inc. - October 31

Back-to-back rate cuts no indication of future ECB policy, governor says

Slovenian central bank chief Boštjan Vasle argues central bank needs flexibility to respond to signs of persistent inflation

World - Financial Times - October 20

US consumers cut back on spirits as cost of living pressures bite

Drinkers who splashed out during pandemic pull back from vodka, rum and Scotch whisky

Business - Financial Times - October 22

Chef attracts diners from around the world with seasonal Scottish cuisine

Chef Roberta Hall McCarron was nominated GQ's Best Chef of The Year in 2023 and has competed twice on the BBC's Great British Menu. McCarron specializes in Scottish cuisine, and our Dana Jacobson ...

Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress

The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.

Business - CNBC - October 23

Fed rate cuts were supposed to buoy small-cap stocks. What’s holding them back?

Small-cap stocks were widely expected to benefit most from the Federal Reserve’s interest-rate cuts — but that has yet to materialize.

Business - MarketWatch - October 26

Consumer credit posts small increase as Americans cut back on credit-card purchases

The amount of credit U.S. consumers used in September rose a scant 1.4%, but the increase was tied mostly to student loan as Americans scale back on borrowing.

Business - MarketWatch - 20 hours ago

Fewer diners, ice cream shops: Trump and Harris shift campaign strategies amid security threats

Trump and Harris have pulled back on stops at small businesses that are meant to feel more spontaneous, amid security concerns and reluctance from local owners.

ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live

Rolling coverage of the latest economic and financial news. Newsflash: Inflation across the eurozone fell by more than initially thought last month, which may cement the chances of interest rate ...

World - The Guardian - October 17

Titans cutting Jamal Adams

Jamal Adams' brief tenure in Tennessee is coming to an end.

Sports - Yahoo Sports - October 17

Bank of Canada resorts to jumbo rate cut as growth falters

Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further

World - Financial Times - October 23

OPEC extends oil output cuts

The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...

Politics - The Hill - 4 days ago

Is the Trump Trade Back?

Market observers see signs that investors increasingly believe Donald Trump will win the election, but there may be alternate explanations for a shift in sentiment.

Business - The New York Times - October 17

New York menswear is back!

The city’s retail offering for men has been lacklustre, but a wave of product lovers are seeking to change that

World - Financial Times - October 18

Can Boeing come back?

The aircraft maker was a great American company — then things started falling apart.

Business - Financial Times - October 29

Interest rate cut hopes raised as wage growth slows

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

BBC to cut 155 roles from news operation

Broadcaster hopes move will save £24mn from budget, according to internal memo sent to staff

Business - Financial Times - October 15

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

McKinsey Cuts Hundreds From China Workforce

The consulting firm is cutting back on state-linked clients and is working to separate its China operations

Business - The Wall Street Journal - October 17

Ministers complain to Starmer over spending cuts

Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.

Titans cut safety Adams, honoring his request

The Titans released Jamal Adams, honoring the three-time Pro Bowl safety's request.

Sports - ESPN - October 17

Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.

Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.

Business - The New York Times - October 17

Tourism hotspot cuts council tax on second homes

Councillors vote to cut council tax premium, six months after a higher rate of 200% was brought in.

Parents fight to stop cuts to school transport

North Yorkshire Council will only fund bus travel to a child's nearest school from 2025.

Sports - Yahoo Sports - October 18

Fear that winter fuel payment cut will cost lives

Wales' older people's commissioner says people will die because of the decision.

Passengers stuck on planes and homes without power

Northern Ireland Electricity restored power to more than 10,000 customers over the course of Sunday.

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

Volvo Car Cuts Guidance on Worsening Auto Market

The Swedish car maker cut its full-year guidance and said it now anticipates negative cash flow due to lower sales expectations and a weak market.

Business - The Wall Street Journal - October 23

Beyond Inc. to Cut Workforce by About 20%

Beyond Inc. is cutting about 20% of its workforce as part of broader review of its cost structure, which comes after the company invested about $65 million in two retailers to help restore Bed Bath ...

Business - The Wall Street Journal - October 22

Intesa Sanpaolo unveils plans to cut 9,000 jobs

Italy’s largest bank wants to reduce costs by accelerating its digital transformation

Business - Financial Times - October 23

Dassault Systemes Cuts Guidance After Earnings Disappoint

The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.

Business - The Wall Street Journal - October 24

Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

Business - The New York Times - October 24

Trudeau announces sharp cuts to Canada's immigration targets

The government says it "didn't get the balance quite right" when it bolstered immigration to address labour shortages.

Queen's University to cut jobs as it faces £11m deficit

The university told BBC News NI it is planning to cut the jobs through a voluntary redundancy scheme.

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