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About Author

Pankaj Singh

Pankaj Singh

Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- [email protected] | https://twitter.com/PankajSingh2605

Contribution by Pankaj Singh

UK retail sales decline as higher costs lead to less spending on food

Published Date: 2022-10-22         Author: Pankaj Singh

Retail sales in the United Kingdom have reportedly declined more sharply than predicted in September, as rising costs caused customers to cut back on spending, and with many stores remaining closed on the day of Queen Elizabeth's funeral. According to the Office for National Statistics, retai... Read More

American Airlines posts $478M Q3 profit and expects strong Q4 growth

Published Date: 2022-10-21         Author: Pankaj Singh

American Airlines, the publicly traded carrier, reportedly anticipates earning a profit in the December quarter that is higher than Wall Street projections, thanks to a solid recovery in travel demand that shows no signs of abating despite rising airfare. Due to the reopening of borders and the s... Read More

French trade union holds strike over higher wages amid high inflation

Published Date: 2022-10-19         Author: Pankaj Singh

Trade unions in France have reportedly begun a countrywide strike to seek higher wages amid the worst inflation in decades, posing one of President Emmanuel Macron's most serious challenges since he was re-elected in May. The protest on Tuesday is a prolongation of the weeks-long union activi... Read More

UK chancellor Jeremy Hunt to hasten tax and spending measures

Published Date: 2022-10-18         Author: Pankaj Singh

UK Chancellor Hunt is reportedly set to announce tax and spending reforms totaling billions of pounds from his deficit plan earlier than expected. Details of the measures will be revealed on Monday by the Treasury. The decision is the most recent in a string of U-turns made after the mini-budget ... Read More

BOK hikes benchmark interest rate to 3 percent, warns for more

Published Date: 2022-10-13         Author: Pankaj Singh

South Korea's central bank reportedly hiked interest rates by half a percentage point and hinted at additional raises in the future as the value of the dollar rose, but there were signals that officials are considering delaying the pace of the increase. Following a projected quarter-point inc... Read More

UK: Energy bills reduction campaign canceled due to mounting cost

Published Date: 2022-10-10         Author: Pankaj Singh

A public information campaign to assist households cut their energy bills this winter has been reportedly canceled due to additional expense, according to a cabinet minister. As per Nadhim Zahawi, the effort to promote domestic energy saving could have cost up to £15 million ($16.6 million)... Read More

Sydney hits record rainfall since 1858, Australia braces for floods

Published Date: 2022-10-07         Author: Pankaj Singh

After hours of rain on Thursday, the biggest city in Australia, Sydney has reportedly recorded its wettest year since records started 164 years ago. By Thursday afternoon, total rainfall in the city surpassed 2,213mm (87 inches), breaking the previously set record of 2,194mm (86 inches) in 1950, ... Read More

Air travelers arriving & leaving Malaysia must fill out customs forms

Published Date: 2022-10-06         Author: Pankaj Singh

The Civil Aviation Authority of Malaysia has reportedly announced that travelers entering or departing Malaysia must complete customs declaration forms from now. Chester Voo, CEO of CAAM, stated that the RMCD (Royal Malaysian Customs Department) had indicated in a letter dated September 5 that Se... Read More

French startup Pigment raises $65M to build business planning platform

Published Date: 2022-09-30         Author: Pankaj Singh

Pigment, the French business planning and forecasting platform, has reportedly bagged another $65 million, a year after securing $73 million in a Series B round. According to sources, IVP and Meritech Capital led the funding round. Pigment can be used in place of Microsoft Excel for building smal... Read More

Next cuts sales & profit expectations as economic crisis rises in the U.K.

Published Date: 2022-09-29         Author: Pankaj Singh

Next, a well-known clothing company has reportedly slashed its sales forecast for the latter half of this financial year along with the annual profit guidance. Amidst the rising economic crisis, the shares of the firms depending on consumer spending have tumbled in the U.K. During the release of ... Read More

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