World PulseNow
Newsletter

US company hiring plans weakest since 2009; Thames Water creditors propose new rescue plan – business live

The Guardian•Thursday, October 2, 2025 at 12:26:34 PM
NegativeFinancial Markets
US company hiring plans weakest since 2009; Thames Water creditors propose new rescue plan – business live
Recent reports indicate that hiring plans in the US have reached their lowest point since 2009, reflecting a concerning trend in the job market. Similarly, UK companies are also experiencing a decline in hiring intentions, as revealed by a Bank of England survey. This downturn is significant as it suggests a broader economic slowdown, impacting consumer confidence and spending. Additionally, Thames Water creditors are proposing a new rescue plan to prevent the company's collapse, highlighting the challenges faced by businesses in the current economic climate.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
Bank of England survey shows weakest hiring plans since 2020
Investing.com3 hours ago
Bank of England survey shows weakest hiring plans since 2020
NegativeFinancial Markets
The latest survey from the Bank of England reveals that hiring plans among businesses are at their weakest since 2020, indicating potential economic challenges ahead. This decline in hiring sentiment is significant as it may reflect broader concerns about economic stability and growth, impacting job seekers and the overall job market.
Read full article
via Investing.com
Thames Water lenders submit rescue plan to stave off collapse
BBC News7 hours ago
Thames Water lenders submit rescue plan to stave off collapse
PositiveFinancial Markets
Thames Water is facing a critical moment as lenders, led by the London & Valley Water consortium, have proposed a rescue plan aimed at preventing the company's collapse. This plan includes writing off a portion of Thames Water's substantial debts, which could provide the financial relief needed to stabilize operations. This development is significant not only for the company but also for the millions of customers who rely on its services, as it highlights the ongoing challenges in the water sector and the importance of sustainable financial practices.
Read full article
via BBC News
Thames Creditors Offer More Cash in Last-Ditch Rescue Plan
Bloomberg8 hours ago
Thames Creditors Offer More Cash in Last-Ditch Rescue Plan
PositiveFinancial Markets
Thames Water's senior creditors are stepping up to save the struggling utility by offering £5.4 billion in new funds and agreeing to a significant write-down on existing debt. This move is crucial as it not only provides immediate financial relief but also signals confidence in the company's future, which is vital for its operations and the services it provides to millions.
Read full article
via Bloomberg
First Brands Gets $1 Billion in Fresh Cash to Avert Collapse
Bloomberga day ago
First Brands Gets $1 Billion in Fresh Cash to Avert Collapse
PositiveFinancial Markets
First Brands Group LLC has secured a significant $4.4 billion in rescue funding from a coalition of lenders, which is crucial for preventing the company's collapse. This financial lifeline comes as restructuring advisers look into the company's off-balance sheet financing practices that have caused concern among its creditors. The support from lenders not only stabilizes the company but also highlights the importance of collaboration in the financial sector during challenging times.
Read full article
via Bloomberg
Widely-used stablecoins need to be regulated like money, BoE's Bailey says
Investing.coma day ago
Widely-used stablecoins need to be regulated like money, BoE's Bailey says
PositiveFinancial Markets
Andrew Bailey, the Governor of the Bank of England, has emphasized the need for stablecoins to be regulated similarly to traditional money. This statement highlights the growing recognition of stablecoins in the financial system and the importance of ensuring their stability and security. As digital currencies gain traction, proper regulation could protect consumers and maintain financial stability, making this a significant step in the evolution of digital finance.
Read full article
via Investing.com
Stablecoins could help shift financial system from commercial lending, BoE governor says
Financial Timesa day ago
Stablecoins could help shift financial system from commercial lending, BoE governor says
PositiveFinancial Markets
Andrew Bailey, the Governor of the Bank of England, has indicated a more favorable view towards stablecoins, suggesting they could play a significant role in transforming the financial system away from traditional commercial lending. This shift is important as it highlights the potential for digital currencies to enhance financial stability and innovation, making banking more accessible and efficient for everyone.
Read full article
via Financial Times
European shares rise as healthcare shines bright; focus on US shutdown
Investing.coma day ago
European shares rise as healthcare shines bright; focus on US shutdown
PositiveFinancial Markets
European shares have seen a notable rise, largely driven by strong performances in the healthcare sector. This uptick is significant as investors are closely monitoring the potential impact of a US government shutdown, which could have broader economic implications. The resilience of healthcare stocks amidst uncertainty highlights their importance in the market, making this a key moment for investors.
Read full article
via Investing.com
Bank of England’s Mann says UK monetary policy remains loose
Investing.coma day ago
Bank of England’s Mann says UK monetary policy remains loose
NeutralFinancial Markets
The Bank of England's Mann has stated that the UK's monetary policy continues to be loose, indicating that interest rates may not be raised significantly in the near future. This matters because it affects borrowing costs for consumers and businesses, influencing economic growth and inflation rates.
Read full article
via Investing.com
SW (Finance) I PLC scheme of arrangement approved by creditors
Investing.com2 days ago
SW (Finance) I PLC scheme of arrangement approved by creditors
PositiveFinancial Markets
SW PLC has successfully received approval for its scheme of arrangement from creditors, marking a significant step forward in its financial restructuring. This approval is crucial as it allows the company to stabilize its operations and work towards a more sustainable future, which is beneficial not only for the company but also for its stakeholders.
Read full article
via Investing.com
Keeping interest rates high for too long is risky, BoE’s Breeden says
Investing.com2 days ago
Keeping interest rates high for too long is risky, BoE’s Breeden says
NegativeFinancial Markets
Bank of England's Breeden warns that maintaining high interest rates for an extended period could pose significant risks to the economy. This statement highlights concerns about potential negative impacts on growth and inflation, emphasizing the delicate balance central banks must strike in managing monetary policy.
Read full article
via Investing.com
Bank of England’s Breeden warns against keeping rates high for too long
Investing.com2 days ago
Bank of England’s Breeden warns against keeping rates high for too long
NeutralFinancial Markets
The Bank of England's Breeden has issued a cautionary note regarding the potential risks of maintaining high interest rates for an extended period. This warning is significant as it highlights the delicate balance central banks must strike between controlling inflation and supporting economic growth. Keeping rates elevated for too long could stifle investment and consumer spending, leading to a slowdown in the economy.
Read full article
via Investing.com
Bank of England’s Mann says high UK inflation has become persistent
Investing.com2 days ago
Bank of England’s Mann says high UK inflation has become persistent
NegativeFinancial Markets
The Bank of England's Chief Economist, Huw Mann, has expressed concerns that high inflation in the UK is becoming a persistent issue. This is significant as it suggests that the economic challenges facing the country may not be temporary, potentially impacting consumer spending and overall economic growth. Understanding the implications of sustained inflation is crucial for both policymakers and the public.
Read full article
via Investing.com
Latest from Financial Markets
Dragonfly Energy stock soars after securing Nevada Tech Hub funding
Investing.coman hour ago
Dragonfly Energy stock soars after securing Nevada Tech Hub funding
PositiveFinancial Markets
Dragonfly Energy's stock has seen a significant increase following the announcement that the company has secured funding from the Nevada Tech Hub. This funding is crucial as it will enable Dragonfly to expand its operations and innovate in the energy sector, particularly in battery technology. The boost in stock price reflects investor confidence in the company's future prospects and the growing importance of sustainable energy solutions.
Read full article
via Investing.com
Big 5 Sporting Goods completes merger with Worldwide Sports Group and announces Nasdaq delisting
Investing.coman hour ago
Big 5 Sporting Goods completes merger with Worldwide Sports Group and announces Nasdaq delisting
NeutralFinancial Markets
Big 5 Sporting Goods has successfully completed its merger with Worldwide Sports Group, marking a significant step in its business strategy. This merger is expected to enhance their market presence and operational efficiency. However, the company also announced its delisting from Nasdaq, which may raise questions about its future in the public market. This development is important as it reflects the ongoing changes in the retail landscape and the strategies companies are adopting to stay competitive.
Read full article
via Investing.com
Piper Sandler lowers Kimberly Clark stock price target to $145 on near-term pressure
Investing.coman hour ago
Piper Sandler lowers Kimberly Clark stock price target to $145 on near-term pressure
NegativeFinancial Markets
Piper Sandler has reduced its price target for Kimberly Clark's stock to $145, citing concerns over near-term pressures affecting the company's performance. This adjustment reflects a cautious outlook on Kimberly Clark's ability to navigate current market challenges, which could impact investor confidence and stock performance in the coming months.
Read full article
via Investing.com
Autodesk stock investor day preview: Piper Sandler maintains Overweight
Investing.coman hour ago
Autodesk stock investor day preview: Piper Sandler maintains Overweight
PositiveFinancial Markets
Autodesk's upcoming investor day is generating excitement, especially with Piper Sandler maintaining an 'Overweight' rating on the stock. This endorsement suggests confidence in Autodesk's growth potential and strategic direction, which could attract more investors and positively impact the stock price. As the company prepares to share its vision and updates, stakeholders are keen to see how these insights will shape future performance.
Read full article
via Investing.com
Adidas stock rating reiterated at Overweight by Piper Sandler
Investing.coman hour ago
Adidas stock rating reiterated at Overweight by Piper Sandler
PositiveFinancial Markets
Adidas has received a positive boost as Piper Sandler has reiterated its stock rating at Overweight. This endorsement reflects confidence in Adidas' market position and potential for growth, which is significant for investors looking for stable opportunities in the retail sector. With the ongoing recovery in consumer spending, this rating could attract more investors and enhance Adidas' stock performance.
Read full article
via Investing.com
Argentina is a ’beacon’ in Western Hemisphere, US’s Bessent says
Investing.coman hour ago
Argentina is a ’beacon’ in Western Hemisphere, US’s Bessent says
PositiveFinancial Markets
In a recent statement, US official Bessent praised Argentina as a 'beacon' in the Western Hemisphere, highlighting its role as a leader in regional cooperation and democracy. This recognition is significant as it underscores Argentina's influence and potential in shaping positive change in Latin America, especially in times of political and economic challenges.
Read full article
via Investing.com