Tag: billions

Water industry investors have withdrawn billions, claims research

Christina Lobo
Water industry investors have withdrawn billions, claims research

Dearbail Jordan,Business reporter, BBC News

Getty Images Woman takes water sample from a river Getty Images

Shareholders in some of the UK’s largest water companies have taken out tens of billions of pounds but failed to invest, new research claims, with firms planning to raise household bills to fund future spending.

Investors have withdrawn £85.2bn from 10 water and sewage firms in England and Wales since the industry was privatised more than 30 years ago, analysis by the University of Greenwich suggests.

Companies are under pressure following sewage spills and water leaks, which critics have blamed on under-investment in the country’s infrastructure.

Ofwat, the

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How Creators, Founders And Writers Are Attracting Billions Of Followers And Millions In Revenue

Christina Lobo
How Creators, Founders And Writers Are Attracting Billions Of Followers And Millions In Revenue

Social media stars Madeline Argy and Maya Jama make this year’s Media & Marketing list along with authors, marketers and agency founders.

By Alex York, Pamela Jew and Leonard Schoenberger

Madeline Argy was a student at the University of Kent studying linguistics when she posted her first TikTok video. She did it out of boredom—and because she had a crush on another creator on the platform and was hoping to receive a comment from her on the video.

“I started posting and then it spiraled out of control,” says Argy, who’s now 23. By “out of control”

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China Is Lending Billions to Nations in Financial Problems

Christina Lobo
China Is Lending Billions to Nations in Financial Problems

Right after lending $1.3 trillion to establishing international locations, mainly for big-ticket infrastructure jobs, China has shifted its target to bailing out quite a few of people exact same countries from piles of credit card debt.

The first financial loans have been typically component of the Belt and Street Initiative, which Xi Jinping, China’s best leader, started off in 2013 to make much better transportation, communications and political inbound links in more than 150 nations.

But now the two most important Chinese condition banks that presented most of the infrastructure financial loans have decreased their new lending. Rescue loans climbed

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Concentrate on, Bud Gentle investors shed billions on promoting misses

Christina Lobo
Concentrate on, Bud Gentle investors shed billions on promoting misses

Former Anheuser-Busch executive Anson Frericks outlines why he thinks the Bud Light boycott will continue and discusses politics in enterprise on ‘Varney & Co.’

The latest substantial-profile and controversial advertising and marketing choices by Focus on and Bud Mild are backfiring and burning shareholders in the approach to the tune of a put together $28 billion.

“These are both scenarios exactly where models have gotten in the middle of some actually controversial issues,” mentioned Timothy Calkins, affiliate chair of the advertising section at Northwestern Kellogg, in an interview with FOX Company. “I think we’ll see more brands be very cautious

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Europeans drain billions from financial institutions, fed up with shrinking price savings

Christina Lobo
Europeans drain billions from financial institutions, fed up with shrinking price savings

LONDON/DUBLIN, May perhaps 4 (Reuters) – European savers are pulling extra of their revenue from financial institutions, looking for a superior deal as loan companies resist paying out up to maintain on to deposits some come to feel they can at this time are living without the need of.

The development emerged as some of the region’s biggest creditors outlined a lucrative start to the year in final results that also supplied a glimpse of a phenomenon dubbed a “bank walk” – a slow but notable outflow of consumer hard cash.

Creditors squandered little time in charging much more for

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Ethiopia launches fund to entice billions of pounds in foreign financial investment

Christina Lobo
Ethiopia launches fund to entice billions of pounds in foreign financial investment

Ethiopia is looking for billions of bucks of international expenditure as it presses on with reforms to open up up its state-managed overall economy and improve flagging development.

Addis Ababa this thirty day period released a fund, aimed at attracting investment for at minimum $150bn really worth of state-owned companies and property. Ethiopia is eager to get back financial momentum after it slowed all through the Covid-19 pandemic and a civil war in the northern location of Tigray.

By allowing a degree of non-public expenditure, officers in Africa’s second-most populous state said the launch of Ethiopian Financial investment Holdings marked

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