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Avatar of Federica Calabrò

Federica Calabrò

Federica Calabrò is a journalist at Parliament News, She is covering Business and General World News. She is a native of Naples, commenced her career as a teller at Poste Italiane before following her passion for dance. Graduating in classical dance, she showcased her talents with two entertainment companies, enchanting audiences throughout Italy. Presently, Federica serves as the general secretary at the Allianz Bank Financial Advisors financial promotion center in Naples. In this capacity, she manages office forms, provides document assistance for Financial Advisors, oversees paperwork for the back office, and ensures smooth customer reception and assistance at the front office. Outside her professional obligations, Federica indulges in her passion for writing in her leisure time.

Marks & Spencer Anticipates Strong Annual Profit Growth
Business

Marks & Spencer Anticipates Strong Annual Profit Growth

London (Parliament News) – Marks & Spencer is expected to announce a 35% rise in annual profits, reaching £653 million, driven by strong sales in food, clothing, and home sectors. The retailer’s turnaround includes cost-cutting, store closures, and resumed dividends. High street

Avatar of Federica Calabrò by Federica Calabrò
May 18, 2024
British Museum Recovers 626 Lost or Stolen Items (1)
Business

UK Engineering Firm Arup Scammed Out of £20m by Deepfake

London (Parliament News) – UK engineering firm Arup lost HK$200m (£20m) to criminals via deepfake video call. The employee was deceived into transferring funds. Arup confirmed financial stability remains intact. Hong Kong police investigation ongoing. The UK engineering company Arup has affirmed

Avatar of Federica Calabrò by Federica Calabrò
May 17, 2024
Owner of Royal Mail Supports £3.5 Billion Takeover Bid by Czech Billionaire
Business

Owner of Royal Mail Supports £3.5 Billion Takeover Bid by Czech Billionaire

London (Parliament News) – The New Křetínský bid initiates a headache for the UK government amid increasing scrutiny on foreign appropriations of critical infrastructure. The owner of Royal Mail has taken a £3.5bn bid for the postal company from a Czech billionaire

Avatar of Federica Calabrò by Federica Calabrò
May 15, 2024
Britain Exits Recession as Economy Grows by 0.6%
Business

Britain Exits Recession as Economy Grows by 0.6%

London (Parliament News) – Britain emerges from recession as economy grows by 0.6% in Q1, marking a return to transition. Stronger growth than expected was driven by the services sector, but challenges remain amid predictions of slow recovery. Britain is officially out

Avatar of Federica Calabrò by Federica Calabrò
May 10, 2024
Bank of England Signals Potential Interest Rate Cuts Amid Positive Inflation Trends
Business

Bank of England Signals Potential Interest Rate Cuts Amid Positive Inflation Trends

London (Parliament News) – The Bank of England holds rates at 5.25%, hints at potential cuts in June due to positive inflation trends and economic outlook. Members divided, two voting for an immediate cut. Governor suggests June cut possible. The Bank of

Avatar of Federica Calabrò by Federica Calabrò
May 9, 2024
Alstom, Facing Financial Challenges, Plans €1bn Rights Issue to Reduce Debt
Business

Alstom, Facing Financial Challenges, Plans €1bn Rights Issue to Reduce Debt

London (Parliament News) – Alstom plans to raise €1bn to reduce debt, addressing struggles amid delayed orders and concerns about its Derby factory’s future. The move includes a €750m bond issue as part of a €2bn finance plan. How Does Alstom Plan

Avatar of Federica Calabrò by Federica Calabrò
May 8, 2024
Concerned Automakers Urge Immediate UK Assistance to Revitalize Electric Vehicle Demand
Business

Concerned Automakers Urge Immediate UK Assistance to Revitalize Electric Vehicle Demand

London (Parliament News) – Car manufacturers call for urgent action to boost electric vehicle sales, as private consumer demand declines despite fleet sales growth. Suggestions include tax cuts, incentives, and expanding charging infrastructure. Car manufacturers have urged for pressing action to reignite

Avatar of Federica Calabrò by Federica Calabrò
May 7, 2024
Heineken's £39m Plan to Transform Suburban Hangouts
Business

Heineken’s £39m Plan to Transform Suburban Hangouts

London (Parliament News) – Heineken plans to invest £39m in reopening and renovating nearly 60 UK pubs, targeting suburban locations to attract remote workers and capitalize on changing consumer habits post-Covid. Heineken is to expend £39m on reopening nearly 60 UK pubs

Avatar of Federica Calabrò by Federica Calabrò
May 6, 2024
_OECD Forecasts UK to Be G7's Lowest Performer Next Year
Business

OECD Forecasts: UK to Be G7’s Lowest Performer Next Year

London (Parliament News) – OECD predicts the UK to be G7’s weakest performer in 2025 due to inflationary pressures and skilled labour shortages. The global economic outlook remains modest but improving, with varied growth rates across major economies. Britain will be the

Avatar of Federica Calabrò by Federica Calabrò
May 2, 2024
_HSBC CEO Noel Quinn Resigns Following 'Intense' Five-Year Tenure
Business

HSBC CEO Noel Quinn Resigns Following ‘Intense’ Five-Year Tenure

London (Parliament News) – HSBC CEO Noel Quinn resigns after an ‘intense’ five-year term, overseeing better-than-expected profits. A successor hunt begins as the bank looks to sustain growth. Quinn reflects on his tenure and plans. The chief executive of HSBC, Noel Quinn,

Avatar of Federica Calabrò by Federica Calabrò
April 30, 2024
Netanyahu Renews Promise for Ground Invasion of Rafah Amid Truce Talks
Middle East

Netanyahu Renews Promise for Ground Invasion of Rafah Amid Truce Talks

Israeli Prime Minister Benjamin Netanyahu has reaffirmed his commitment to launching a ground assault on Rafah in southern Gaza, despite ongoing truce negotiations aimed at reaching a ceasefire. On Tuesday, Netanyahu stated that Israel would destroy Hamas’ battalions in Rafah “with or

Avatar of Federica Calabrò by Federica Calabrò
April 28, 2024
Royal Mail Takeover Labour's Stance Amidst Chuka Umunna's Lobbying
Business

Royal Mail Takeover: Labour’s Stance Amidst Chuka Umunna’s Lobbying

London (Parliament News) – Chuka Umunna, a former shadow business secretary and current JP Morgan banker, lobbies Labour on behalf of Czech billionaire Daniel Kretinsky for the acquisition of Royal Mail, sparking controversy and union backlash. Who is Behind the Push for

Avatar of Federica Calabrò by Federica Calabrò
April 27, 2024
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