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Economy

UK economy growth halts in July

David Thompson

The UK economy recorded no growth in July, highlighting continued pressures on businesses and households alike. This stagnation reflects broader trends affecting consumer spending, investment, and overall economic confidence.The most…

US inflation rises ahead of key interest rate decision

Economy

US inflation surges ahead of key interest rate decision

David Thompson

The latest economic data from the United States reveals that inflation is once again on the rise, creating uncertainty just before policymakers announce their next move on interest rates.The issue…

Economy

This is the most expensive stocks have ever been

David Thompson

Global equity markets are trading at valuations that are historically high, a situation that has investors, analysts, and policymakers closely examining whether these price levels are sustainable. Across sectors, stock…

BYD shares slide as China's EV price war hits profits

Economy

BYD stock drops amid China’s EV price battle impacting profits

David Thompson

The market for electric vehicles in China has evolved into one of the fiercest areas within the global automobile sector. Initially viewed as a consistent growth path, this segment is…

Fed losing independence would pose a serious danger, says Lagarde

Economy

Lagarde: Serious consequences if Fed loses independence

David Thompson

La autonomía de los bancos centrales ha sido durante mucho tiempo un pilar fundamental para la estabilidad económica, actuando como un resguardo contra la interferencia política en la política monetaria.…

Economy

Lagarde: Serious consequences if Fed loses independence

David Thompson

Half of UK job losses in hospitality, say bosses

Economy

Bosses claim half of UK job cuts hit hospitality sector

David Thompson

The United Kingdom’s hospitality sector is facing an unprecedented employment crisis, with industry leaders reporting that nearly half of recent job losses across the country have occurred within restaurants, hotels,…

Trump backs down from 250% EU pharma tariff in deal

Economy

Trump pulls back 250% EU pharma tariff in new deal

David Thompson

The escalating trade tensions between Washington and Brussels took a significant turn as former U.S. President Donald Trump agreed to withdraw plans for imposing an extraordinarily high tariff—reportedly 250 percent—on…

Beijing opposes 'bully' US for 50% tariffs on India

Economy

Beijing hits back at ‘bully’ US for 50% tariffs on India

David Thompson

The global trade landscape has entered another turbulent phase as Beijing strongly criticized Washington’s recent decision to impose steep tariffs on goods originating from India. The move, which applies a…

WH Smith shares tumble 42% after accounting blunder

Economy

WH Smith stock drops 42% following accounting blunder

David Thompson

Shares in WH Smith experienced a dramatic decline following the disclosure of a significant accounting miscalculation that has rattled investors and raised questions about the company’s internal controls. The retail…