Stories tagged “Economy.”
30 stories
Guardian analysis listing six additional UK consumer-protection reforms — covering ticket fees, energy direct debits, shrinkflation, contact details, parking fines and insurance renewals — beyond Andy Burnham's announced crackdown.
Gunvor Group delegation met Federal Minister Ahad Cheema and endorsed Pakistan's plan to deregulate oil prices and modernize refineries, with PGL announcing expansion.
Bitcoin reached a new August high as markets anticipate key US inflation data, with expectations shifting towards a Federal Reserve interest-rate pause rather than a hike.
Great Britain's electricity system operator can now implement rolling blackouts with eight hours' notice to prevent grid collapse. This new measure allows for short-term disconnections without requiring government emergency powers.
Punishing heat and wildfires across Europe have cost more than $3 billion, killed over 10,000 people, and forced the shutdown of Hungary's Paks nuclear plant due to drought.
Iran says US is no longer seeking nuclear deal, wants to focus on reopening Strait of Hormuz. Iran's Supreme National Security Council has set conditions for reopening the Strait of Hormuz, including the end of the war with Iran and its allies in the region, the lifting o…
Luxury department store Harvey Nichols has warned it faces collapse within a year without new investment, as Mike Ashley's Frasers Group emerges as the frontrunner in a potential rescue deal.
Stock market professionals are increasingly optimistic about the Eurozone economy, with the Sentix sentiment barometer rising for the fourth consecutive month to its highest level since February.
The tourism sector in the UAE is expected to experience significant growth, with revenue projected to reach $85 billion by 2036. This growth is driven by increasing visitor numbers, tourism expenditure, and investments, as well as the sector's contribution to the country'…
Nairobi has formally submitted its bid to host the 2029 World Athletics Championships, seeking to become the first African city to stage the sport's flagship event. The Kenyan capital faces competition from London, Rome and Munich for hosting rights.
Thames Water paid its finance chief, Steve Buck, a £1m signing-on fee in July, despite the utility company grappling with approximately £20bn in debt and facing potential temporary nationalisation.
Indonesia's president has nominated acting central bank governor Destry Damayanti as the sole candidate to lead Bank Indonesia after Perry Warjiyo's abrupt July resignation. Parliament, currently in recess, will have the final say.
Thames Water has paid its chief financial officer, Steve Buck, a £1m signing fee despite intense financial scrutiny and a ban on performance-related bonuses due to environmental failings. This payment has sparked outrage and renewed calls for nationalisation of the strugg…
Japan logs current account surplus of ¥17.43 tril in 1st half of 2026
Japan's current account surplus surged 22.5% year-on-year to ¥17.43 trillion ($110 billion) in the first half of 2026, marking the highest level since 1985, driven by a positive goods trade balance and increased overseas investment income.
Prime Minister Andy Burnham has announced plans to bring forward legislation making subscriptions easier to cancel and outlawing misleading 'pretend prices' in shops, aiming to alleviate cost of living pressures.
The Executive Chairman of the Nigeria Revenue Service, Zacch Adedeji, defended President Bola Tinubu against claims of lavish living, stating Tinubu walks to his office, eats once daily, and has not traveled abroad recently, amidst public debate on government spending and…
A KPMG and REC monthly survey shows UK temporary vacancies rose for the first time in two years and permanent job placements stabilised, ending a 45-month decline.
Apple is reportedly preparing for the launch of its highly anticipated iPhone 18 series, with speculation surrounding the upcoming flagship lineup continuing to build ahead of its expected debut.
Sterling today: Pound firms as soft U.S. jobs data weighs on dollar
Sterling and the euro gained against the dollar after weak U.S. payrolls data reinforced expectations that the Federal Reserve will maintain current interest rates through year-end.
Stock Markets Take a Step Back with Oil Prices on the Rise
The stock markets in Asia followed Wall Street's lead in rising on Monday after a weak US jobs report reduced the risk of a short-term increase in borrowing costs. However, the lack of progress in the Gulf peace talks led to a slow increase in oil prices. The Brent crude …
A Bitcoin security researcher has been forced to use open-source Chinese AI models after being restricted from analyzing further codebases by OpenAI. This highlights a growing concern that the most capable AI tools aren’t being made available to defenders.
The company owning Raleigh, a historic Nottingham bicycle manufacturer, has begun insolvency proceedings, potentially marking the end of a brand that once employed 8,000 people.
Nearly a third of British manufacturers experienced a cyber-attack in the past year, leading to lost production time and increased costs, according to a MakeUK survey. Only half of these companies have a plan to respond to such incidents, despite the growing threat.
Despite geopolitical turmoil, the German stock market is on the rise. Investors are looking at quarterly earnings reports from various companies, including Gea, Patrizia, and Barrick Mining. The Dax index is expected to maintain its gains, with the Nikkei and Kospi indice…
Economy at the Heart of Zambia's Election Campaign as Voting Approaches
Zambia's presidential election is approaching, with 14 candidates vying for the top spot. The economy is a major concern for voters, with the ruling party touting its economic achievements and the opposition criticizing the government's handling of inflation and resource …
Italy’s record-low Po River forces farmers to weigh crop switch
Italy's Po River is experiencing a record-low water level due to drought, forcing farmers to rethink their crops and adapt to the changing climate.
Hubei's Monitoring of the Yangtze River has made significant progress in protecting 143.9 kilometers of shoreline, clearing the water, and promoting green industries. The city has implemented a comprehensive plan to address the issue of illegal docks and sandstone piles, …
Western Europe experienced its warmest June and July on record, with an average temperature of 21.62 degrees Celsius. The region saw four heatwaves since May, which is unusual for the area.
Why Poland’s right-wing split may not save Tusk
A bad-tempered split in Poland’s right-wing Law and Justice (PiS) party is being greeted with joy by the centrist, pro-EU government of Prime Minister Donald Tusk, but it’s unclear whether it will improve his odds of retaining power in next year’s election.
Japan recorded a current account deficit of 92.3 billion yen in June, the first shortfall in 17 months, missing economist forecasts for a 1.51 trillion yen surplus. Larger dividend payouts to foreign investors and rising oil import costs drove the reversal.