Kalyeena Makortoff
Banking Correspondent at The Guardian
Banking correspondent at the @Guardian. Tips to [email protected] Previously @PA, @CNBC. Canadian transplant. Views my own.
Articles
-
5 days ago |
theguardian.com | Kalyeena Makortoff
UK banks are expected to win approval for massive pay increases in the coming weeks after convincing influential shareholder advisers that hiking maximum payouts for chief executives by more than 40% would give them a competitive edge.
-
1 week ago |
theguardian.com | Kalyeena Makortoff
The UK parcel delivery company Yodel has been snapped up by the Polish parcel locker firm InPost in a £106m deal that will create the third largest independent delivery business serving online retailers in Britain. The takeover will expand InPost’s footprint in the UK, taking its market share from 2% to 8%. It comes only months after the Polish operator completed a separate takeover of another UK logistics company – Menzies Distribution – in October last year.
-
1 week ago |
sg.finance.yahoo.com | Kalyeena Makortoff
Two of China’s largest fast fashion retailers, Temu and Shein, have warned US customers that they will face price increases from next week, as Donald Trump’s hefty tariffs on Chinese imports come into force. Both companies will be hit by new import levies, which will mean taxes of up to 145% being applied to Chinese goods. They will also suffer from Trump’s cancellation of the “de minimis” exemption, under which shipments worth less than $800 (£600) could be imported duty-free.
-
1 week ago |
theguardian.com | Kalyeena Makortoff
Temu and Shein are cutting back their spending on US social media advertising as they lose an exemption on tariffs for many of their shipments from China and Hong Kong. The online e-tailers, both of which ship low-priced China-made goods direct to US shoppers, had been on an ad spree until recently. But under an executive order from Donald Trump, as of 2 May their sales valued at under $800 will no longer be exempt from US tariffs.
-
1 week ago |
theguardian.com | Kalyeena Makortoff
The chief executive of Goldman Sachs, David Solomon, has warned that the chances of a US recession have “increased” in the wake of Donald Trump’s tariffs and that an escalating trade war posed “material risks” for US and global growth. The Wall Street boss said the growing uncertainty over the fallout of US tariffs could spell trouble for companies and consumers and wreak havoc on the economy.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →X (formerly Twitter)
- Followers
- 3K
- Tweets
- 4K
- DMs Open
- Yes
I will be joining my colleagues at the Guardian and Observer who are on strike for 48 hours over the sale of the Observer. I will be back at work on Friday. For more information please follow @GoNUJ93 and @NUJofficial or visit https://t.co/TtBhC4cmap
Exclusive: Women who gave private evidence to parliament's Sexism in the City inquiry share their stories of discrimination and bullying with the Guardian 'No matter how hard I work, they will never ever recognise me’ https://t.co/kh9UiSbC3l
One of the hardest and most personal things I’ve ever had to write: Canada’s apology came too late for my Doukhobor grandfather, who was stolen, abused and thrown into a residential school at 8 years old https://t.co/rWcVP3TKQX
