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January Sees 467,000 New Jobs, Stable Unemployment Rate

CFO News Room

Growth in employment continued in leisure and hospitality, professional and business services, retail trade, and transportation and warehousing. The forecast unemployment rate was 3.9%, essentially equal to the actual. The number of unemployed persons, at 6.5 Number of Potential Job Seekers Unchanged. in December 2021.

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5G Network Rollout Delayed In China, Flights Canceled Due To Coronavirus

PYMNTS

The coronavirus has far-reaching impacts that extend beyond health, with a wide range of economic effects in sectors ranging from transportation to telecom and retail. AT&T Cybersecurity also won’t participate, which brings the total number of firms that have withdrawn to 14. The number includes seven from the U.S.,

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Stocks making the biggest moves midday: Tupperware, Paramount and more

CFO News Room

billion compared to the previous quarter, as pay-TV subscriber numbers declined. million compared to a forecast for $911.4 Robinson — The stock fell 6% after the transportation and logistics company reported disappointing revenue in its latest results. Paramount said revenue for its TV media segment was down 5% to about $4.9

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Duncan Burgess, Global Finance Director

CFO News Room

Duncan Burgess’ “number one passion” in his role is people. He joined oil and gas company BG Group in their budgeting and forecasting team to broaden his management accounting and reporting experience. After a few other job roles, he became UK finance director at taxi transport and technology company Gett in 2018.

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Contactless Card Usage In Europe Exploding

PYMNTS

In a report dubbed “Global Payment Cards Data and Forecast,” the firm found that one in five card payments will be contactless by 2021. Last year, the number of contactless-enabled terminals in Europe increased 63 percent to reach 4.9 That’s an increase from one in 20 as of 2015.

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Union Budget 2022-23: Govt maintains focus on sector

CFO News Room

Within infrastructure, one of the key focus areas is leveraging multimodal transport infrastructure to reduce logistics costs, thereby improving India’s overall competitiveness. However, a number of policy reforms are essential for creating a sustainable private investment eco-system, many of which are outside the purview of the budget.

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Washington Attempts to Bully India into Cutting Ties with Russia

CFO News Room

Russia has said it will not sell to any countries that participate in the price cap scheme, and Jaishankar has repeatedly stated that India cannot afford to buy oil at high prices – at least not without undermining its economic growth, which is forecast to be 6.1 percent in 2023, the fastest-growing major economy in the world.