Finance

NIB finances new school and sport facilities in Knivsta, Sweden

The FINANCIAL -- NIB and the municipality of Knivsta have signed a ten-year loan facility of SEK 350 million (EUR 37 million) to finance the construction of school buildings and sport ...

NIB finances municipal infrastructure projects in Uppsala, Sweden

The FINANCIAL -- NIB and the City of Uppsala have signed a 25-year loan programme totalling SEK 600 million (EUR 63 million) to finance investments in municipal infrastructure for water, wastewater ...

No Recovery Yet for Spain's Poor

The FINANCIAL -- Recent economic news from Spain has been mostly good, with employment gains accompanying respectable GDP growth of close to 3% in the past few ...

Kraft Heinz beats profit estimates as cost cuts pay off

The FINANCIAL -- The Kraft Heinz Company on August 3 reported second quarter 2017 financial results that reflected significant gains from cost savings initiatives and benefits from the redemption of ...

Global Consumer Confidence is at Seven-Year High

The FINANCIAL -- With a score of 48.9, the global consumer confidence Primary Index is at its highest since Ipsos started tracking it in ...

Wendy's posts better-than-expected quarterly sales

The FINANCIAL -- The Wendy's Company on August 9 reported unaudited results for the second quarter ended July 2, ...

5 facts about government debt around the world

The FINANCIAL -- Public debt has increased sharply in many countries in recent years, particularly during and after the Great Recession. Globally, the total amount of government debt now exceeds ...

H&M Group Q3 Sales Up 5%

The FINANCIAL -- In the third quarter of 2017, i.e. during the period 1 June to 31 August, the H&M group’s sales including VAT increased by 5 percent in SEK compared to the corresponding ...

One in two parents still supporting children over 18

The FINANCIAL -- Parents across the globe are not cutting the financial umbilical cord, with 50% of people with children over the age of 18 still giving them regular financial support, according to ...

FTSE350 Pension deficits increase by over £10bn over August

The FINANCIAL -- Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies increased from £71bn at ...

Prosperity in UK cities gains momentum as wider regional growth lags behind

The FINANCIAL -- The UK saw uneven rates of prosperity growth over the last year, according to the third edition of the annual UK Prosperity Map from Barclays Wealth & ...

KPMG retail sales monitor August 2017

The FINANCIAL -- In August, UK retail sales increased by 1.3% on a like-for-like basis from August 2016, when they had decreased 0.9% from the preceding ...