China ‘plans to ban’ US IPOs for data-heavy tech firms – business live

[ad_1] Rolling coverage of the latest economic and financial news WSJ: China may ban companies with large amounts of sensitive consumer data from US floats New rules could thwart China tech firms from listing in the U.S. Markets await Jackson Hole symposium Furlough ‘cliff edge’ at Liberty Steel could put jobs at risk 9.07am BST … Read more

UK labour shortage hits consumer firms, as car production tumbles – business live | Business

[ad_1] Photograph: Andy Rain/EPA Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The UK supply chain shortage continues to grip the economy, with consumer-facing companies grow more worried about the economic outlook as they struggle to find workers… and car production slumps. Firms such … Read more

US central bank chief expected to take wait-and-see approach to economy | US economy

[ad_1] The resort of Jackson Hole in the Grand Tetons will be the focus of intense financial market interest on Friday as the head of the US central bank, Jerome Powell, gives his update on the health of the world’s biggest economy. Expectations that Powell will provide a timetable for the scaling back of the … Read more

Iceland boss: Christmas at risk from HGV driver shortages and supply chain crisis – business live | Business

[ad_1] Iceland managing director, Richard Walker Photograph: Iceland/PA Christmas is at risk from the supply chain crisis unless the government adds HGV drivers to its skilled worker list quickly, the managing director of supermarket chain Iceland has warned this morning. Speaking on Radio 4’s Today programme, Richard Walker explains that the UK faces “big shortages” … Read more

US community colleges see ‘chilling’ decline in enrollment during pandemic | US universities

[ad_1] David Ramirez, a student at Pasadena City College in Pasadena, California, struggled with balancing work and classes during the pandemic. Ramirez, who works at Starbucks, worked at least 30 hours a week in addition to his classes. He wasn’t alone. The number of students enrolled in community colleges – local educational establishments that offer … Read more

UK house sales slide after stamp duty holiday cut; FTSE 250 at new high – business live

[ad_1] Rolling coverage of the latest economic and financial news FTSE 250 index ends at new high Nasdaq hits fresh record on economic optimism UK retail stock levels at record low amid supply problems UK house sales fell over 60% in July after busiest ever June Housebuyers rush to complete deals before stamp duty tax … Read more