Stock markets have retreated again over worries of further US interest rate rises after the Federal Reserve defied Donald Trump to increase rates for the fourth time this year.

The EU has confirmed it is “actively investigating” a potential breach of its diplomatic communications network, following reports that secret cables had been stolen by hackers.

The Bank of England has welcomed a “crucial and positive” move by the EU to help keep a key part of the financial system functioning in the event of a “no-deal” Brexit.

A handful of banks will be forced to write multimillion pound cheques to buy shares in the construction giant Kier Group after some of its biggest investors snubbed the chance to take part in a £250m fundraising.

GlaxoSmithKline (GSK) is to merge its consumer healthcare unit with that of rival Pfizer, to create a new market leader with almost £10bn in annual sales.

 

Santander has been fined more than £30m for “serious failings” in processing the accounts of dead customers, the Financial Conduct Authority (FCA) says.

Awards

About Awards

The Global Business Outlook awards aim to recognise and reward excellence in business to companies all over the globe, both in the public and private sector. Our goal is to make sure that innovation, creativity and the drive to create value gets its due recognition.

The awards are open to companies of all sizes, based anywhere in the world, and in both broad and niche sectors. Our goal is to offer recognition to both smaller market participants as well as larger firms adapting international models to unique geographies from all over. Whatever the size of your company , if you feel that it has performed in exceptional terms, created great value, business edge and market recognition – we would love to hear from you.

The Global Business Outlook awards are not just for companies that conduct business globally. Companies that operate nationally or regionally only, are every bit as applicable for them. These companies will compete against organisations or individuals based out of their own country. When submitting your application for these awards, kindly be specific about the region of your operations.

The jury will consider all entries during the first two weeks of the month and winners will be notified personally within six weeks. We pride ourselves on an efficient, fair and prompt judiciary process and intend to announce the outcome of these results as soon as possible. All award winners are entitled to their winnings for a period of 12 months.

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