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Related Special Reports
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...“We‘ve taken it very seriously,” said an executive of a global consultancy. “It’s life or death for us.”...
...Personally, all this will probably have to be celebrated from home as the Moules clan has recently expanded to include a Labrador puppy — thank goodness for movie streaming and online food delivery services...
...According to the OECD, global trade in goods and services is expected to rise 2.3 per cent this year and 3.3 per cent in 2025. This compares with growth of just 1 per cent last year....
...Reza Baqir Former Governor, State Bank of Pakistan (2019-2022); Global Practice Leader of Sovereign Advisory Services, Alvarez & Marsal, Dubai, United Arab Emirates...
...The BoE has previously pointed to this rise in economic inactivity as a key driver of labour shortages that were fuelling wages and services inflation....
...In India — a global hub for back-office services — more than 5mn people work in IT and business process outsourcing, according to industry group Nasscom....
...Given Andrew Bailey stressed the importance of data on labour market tightness and services inflation, it is unlikely that this on its own will take a June cut off the table....
...The battle for Paramount Global is entertainment worthy of Hollywood....
...Consultants argue that government spending on their services helps Saudi Arabia rationalise its massive expenditure on projects from the futuristic city of Neom to a vast entertainment complex in the desert...
...Janet Truncale, EY’s incoming global boss, will be tasked with developing a new strategy for the firm, which made $49bn in revenues last year....
...When annual CPI is broken down into its key components, its clear that it is mostly driven by services right now....
...Petrol prices and services inflation — which was 4.3 per cent in the March quarter — have driven the short-term price outlook higher....
...A string of Chinese tech groups have started moving into Saudi Arabia as part of aggressive global expansion plans....
...We think the MPC’s next decision will be heavily informed by developments in services inflation and wage data in the next two months....
...Growth in the services sector offset weakness in manufacturing to lift S&P Global’s monthly gauge of eurozone corporate activity for April above the forecasts of most economists....
...And services inflation is too high still. Everywhere....
...Some economists have warned that services inflation has been further propped up by unexpectedly high consumer demand for services and therefore may take longer to respond to disinflationary pressures....
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
...Geopolitical tensions could add to these pressures, including through a reorganisation of global value chains....
...WBD executives see the move as a chance to expand into new markets for consumers who either do not yet have a streaming service or who are willing to pay more for a rival service....
...The quarter-on-quarter growth figure was the fastest since 2021 and boosted by car manufacturing and broad-based growth in services....
...Instead, inflation came in strong in services categories that have looked persistently hot for a while: shelter, medical care and auto services....
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