Posts filtered by tags: Bloomberg Global[x]


 

Low pay isn't causing people to quit their jobs — toxic workplace culture is

Steve Pfost/Newsday RM via Getty Images Compensation isn't the biggest factor in an employee deciding to quit, a new analysis found. Toxic workplace culture is 10.4 times more likely to contribute to an employee leaving. Retail workers are the most likely to quit, but firms like SpaceX have also had a high quit-rate. Workers are quitting their jobs in record numbers. But what's nudging them out the door isn't low pay — it's toxic workplace culture. That's according to a ne...
Tags: Spacex, Careers, Trends, Bloomberg, Netflix, Mckinsey, Employee Retention, McKinsey Company, MIT Sloan Management Review, Ella Cerón, Donald Sull, Avery Hartmans, Bloomberg Global, Sull, Aine Cain, Toxic Workplace


China’s EdTech Assault Hits Investors From Tiger to Temasek

(Bloomberg) -- Global investors from Tiger Global Management to Temasek Holdings Pte are reeling after China imposed the harshest curbs...
Tags: China, Temasek, Bloomberg Global, Temasek Holdings Pte


Global Oil Markets Are Now Balanced, Russia’s Novak Says - Bloomberg

Global Oil Markets Are Now Balanced, Russia’s Novak Says - Bloomberg Global oil markets have rebalanced following last year’s historic collapse in demand, according to Russia’s deputy prime minister.“The last few months we have seen low volatility, which means the market is balanced, and the prices we see today certainly correspond to the situation in the market,” Alexander Novak said on state television channel Rossiya 1 on Sunday. Crude will probably average $45 to $60 a barrel this year, acco...
Tags: Travel, Vladimir Putin, China, Russia, Novak, Organization of Petroleum Exporting Countries, Rossiya, Alexander Novak, Rupert Neil Bumfrey, Bloomberg Global, Novak Says Bloomberg


Stocks Drop Before Earnings Season; WTI Oil Rises: Markets Wrap

(Bloomberg) -- Global stocks began the week on the back foot as investors prepared for an earnings season marked by extraordinary uncertainty over corporate profits and outlooks caused by the pandemic. West Texas oil futures pared earlier gains after a historic deal to cut output.Futures on the three main U.S. equity indexes all dropped, while stocks fell in Asia’s main financial centers. Markets across Europe were closed for the Easter holiday. Treasury 10-year futures were steady after after O...
Tags: Asia, Europe, London, News, Opec, Bloomberg, Korea, Treasury, World Health Organization, Anthony Fauci, Bank of Canada, West Texas, National Institute of Allergy, Neel Kashkari, Federal Reserve Bank of Minneapolis, Bloomberg Global


Stocks Start Week With Declines; Crude Oil Rises: Markets Wrap

(Bloomberg) -- Global stocks began the week on the back foot as investors readied for the start of an earnings season marked by unprecedented uncertainty over the corporate impact of the coronavirus pandemic. Oil prices climbed after a historic deal to cut output.U.S. equity futures dropped, while stocks saw losses in Japan, South Korea and China. Many markets remained closed for the Easter holiday. The dollar dipped after OPEC+ agreed to cut 9.7 million barrels a day from global crude output --...
Tags: South Korea, News, China, Opec, Spain, Bloomberg, Korea, Treasury, Shanghai Composite Index, Bank of Canada, Japan South Korea, Treasuries, Neel Kashkari, Federal Reserve Bank of Minneapolis, Bloomberg Global, LONDON Japan


Stocks Begin Week With Declines; Crude Oil Rises: Markets Wrap

(Bloomberg) -- Global stocks started the week on the back foot as investors readied for the start of earnings season amid unprecedented uncertainty over the corporate impact of the coronavirus pandemic. Oil prices climbed in volatile trading after a historic deal to cut output.U.S. equity futures declined in early Asia trading, while shares retreated in Japan and South Korea. Many markets remained closed for the Easter holiday. The dollar dipped after OPEC+ agreed to cut 9.7 million barrels a da...
Tags: Asia, South Korea, Japan, News, Opec, Spain, Bloomberg, Korea, Bank of Canada, Tokyo Japan, Treasuries, France Germany Italy, Neel Kashkari, Federal Reserve Bank of Minneapolis, Bloomberg Global, Wells Fargo Bank Indonesia


Global Cases Top 1.5 Million; WHO Urges Solidarity: Virus Update

(Bloomberg) -- Global cases of the coronavirus topped 1.5 million, less than a week after surpassing the 1-million mark. New York, the U.K. and Belgium reported their deadliest days so far. Singapore reported its largest daily increase.The crisis will escalate if countries don’t start showing more solidarity, the head of the World Health Organization said, urging the U.S. and China to show “honest leadership” and stop bickering.U.S. Democrats are seeking at least $500 billion in the next stimulu...
Tags: South Korea, Hong Kong, Europe, New York, London, News, Sweden, California, Senate, China, Germany, Angela Merkel, Singapore, India, Eu, Spain


Global Cases Top 1.5 Million; Singapore Numbers Up: Virus Update

(Bloomberg) -- Global cases of the coronavirus topped 1.5 million, less than a week after surpassing the 1-million mark. New York, the U.K. and Belgium reported their deadliest days so far. Singapore announced its largest daily increase.The crisis will escalate if countries don’t start showing more solidarity, the head of the World Health Organization said, urging the U.S. and China to show “honest leadership” and stop bickering.U.S. Democrats are seeking at least $500 billion in the next stimul...
Tags: South Korea, Hong Kong, Europe, New York, London, News, Sweden, California, Senate, China, Germany, Angela Merkel, Singapore, India, Eu, Spain


Nations Seek to Ease Economic Hit; Deaths at 3,800: Virus Update

(Bloomberg) -- Global fatalities from the coronavirus reached 3,800 as infections spread to about half of the world’s countries.The Trump administration is drafting measures to blunt the economic fallout and help slow the disease’s spread in the U.S., according to people familiar with the matter. Countries from Germany to New Zealand also announced financial plans to counter the impact of the virus.Italy introduced far-reaching measures to contain the disease’s spread, while officials in South K...
Tags: South Korea, Europe, Texas, Cook, News, Maryland, California, Washington, France, Saudi Arabia, China, Germany, Angela Merkel, Berlin, Singapore, New York City


The 10 African Markets to Watch in 2020

(Bloomberg) -- Global bond traders who ventured into Africa this year have reaped rich rewards.The continent’s sovereign dollar debt has generated total returns of 20% since the start of 2019, more than any other region in emerging markets.Local bonds have also performed strongly. Egyptian pound and Nigerian naira bonds each returned more than 30% in dollar terms.If the world’s major central banks remain dovish in 2020, that should sustain a dash for higher yields in emerging markets and mean th...
Tags: London, News, Washington, China, Nigeria, Africa, Bank Of America, Egypt, South Africa, Dubai, Argentina, International Monetary Fund, Zambia, Ghana, Imf, Goldman Sachs Group Inc


World ‘Awash’ in Oil As U.S. Sees Its Shale Boom Barreling Ahead

(Bloomberg) -- Global markets are “awash” in crude thanks to the surge in U.S. oil output, and the boom looks set to continue, U.S. Energy Secretary Rick Perry said in a Bloomberg TV interview.U.S. shale production has turned the world “on its head,” and Goldman Sachs Group Inc. is “off a bit” in a report last week saying that the bonanza is fading, Perry said on Sunday in Dubai.Oil and natural gas from American shale fields have made the U.S. one of the world’s largest producers and enabled it ...
Tags: London, News, Congress, Washington, Saudi Arabia, Ukraine, Rick Perry, Middle East, United Arab Emirates, Dubai, Donald Trump, Istanbul, Trump, Goldman Sachs Group Inc, Perry, Bloomberg TV


Like your vices? Best not shop in New Zealand

New Zealand is the second most expensive country in the world to buy a basket of vice goods, according to the annual Bloomberg Global Vice Index.The index compares the costs of a weekly basket of six so-called vice goods including... [Author: [email protected]]
Tags: Business, New Zealand, Bloomberg Global


Weekend reading: Stuff to read while we’re elsewhere

What caught my eye this week. A pologies to the many thousands dozens of readers who checked in during the week and found no new Monevator posts – for the second time in a month! Pretty shocking, considering it’s probably only the third or fourth time this has happened in the past five years. Away from the site I’ve got quite a lot going on at the moment – and their different ways all the other core Monevator contributors have had busy summers, too. Hopefully we’ll get back into the swing of t...
Tags: Google, UK, China, Marketing, Boe, Warren Buffett, Dan Ariely, Equifax, Ben Graham, Ray Dalio, Other sites, Weekend Reading, Bason, Charter Bank, MEL Magazine, Telegraph Bitcoin