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The US economy is a puzzle but the pieces aren't fitting together
The financial impact of ongoing trade tensions remains uncertain as key economic indicators show mixed signals, making it challenging to predict how tariffs will influence overall...
Read Full Article →Kingsmill owner to buy Hovis to make UK bread giant
The acquisition of Hovis by the company behind Kingsmill could reshape the UK bread market, potentially altering competitive dynamics pending regulatory approval, with Warburtons c...
Read Full Article →UK bioethanol industry faces collapse after government rejects rescue
Several bioethanol facilities in the UK risk shutting down due to increased competition from tariff-free US imports, highlighting potential economic impacts on local production and...
Read Full Article →Shein's UK sales soar by a third to hit £2bn
The company's increased revenue in the UK reflects a significant rise in consumer demand for affordable apparel and accessories, contributing to a notable boost in overall profitab...
Read Full Article →Intel shares jump after report of possible US stake in chipmaker
The potential investment by the United States in the chip manufacturer might enhance domestic influence and competitiveness within the global semiconductor industry, impacting mark...
Read Full Article →Cost of weight-loss drug Mounjaro could rise significantly
The price increase for the weight-loss medication Mounjaro in the UK may lead to higher overall expenses, though the direct financial burden on patients might remain relatively mod...
Read Full Article →US wholesale prices jump in July as tariffs hit
In July, the rapid increase in costs faced by manufacturers indicates potential inflationary pressures that may lead to increased expenses for end consumers and impact overall econ...
Read Full Article →UK Economic Growth Slows But Beats Forecasts
The United Kingdom’s economy grew by 0.3% in the recent quarter, indicating a deceleration from earlier in the year but still surpassing analysts’ expectations.
Read Full Article →British Gas-owner buys huge LNG terminal for £1.7bn
The acquisition enhances Centrica’s position in the energy market by securing a major liquefied natural gas facility, potentially impacting supply stability and future revenue stre...
Read Full Article →Are latest UK growth figures good or bad news for the economy?
The recent economic data presents a mixed picture, as short-term improvements contrast with longer-term challenges, influencing investor confidence and policy decisions in varying...
Read Full Article →Why is UK inflation still rising?
Despite a decrease from previous peaks, the persistent increase in UK inflation continues to impact purchasing power and influences monetary policy decisions.
Read Full Article →Economic woes dominate as Bolivia prepares to go to the polls
Bolivia faces considerable economic challenges marked by soaring price levels, which may influence voter sentiment and impact the outcome of the upcoming nationwide electoral proce...
Read Full Article →'One video about a dress made me £6,000'
Roxanne Freeman, a single mother, was able to clear her debts by generating substantial income through creating popular videos on TikTok, highlighting the platform’s potential for...
Read Full Article →Average mortgage rates below 5% for first time since Truss budget
The decline in two-year mortgage rates to 4.99% marks a notable reduction in borrowing costs, potentially influencing homebuyers' affordability and stimulating activity within the...
Read Full Article →'Cryptocrash king' Do Kwon pleads guilty to fraud
Do Kwon, former co-founder of a Singapore cryptocurrency company, admitted to fraudulent activities that led to significant financial losses for investors and impacted the broader...
Read Full Article →The UK car industry is at a tipping point - can it be saved?
The UK automotive sector faces ongoing challenges from trade barriers, economic uncertainty, and supply chain disruptions, which have collectively strained profits and investment,...
Read Full Article →US inflation holds but underlying prices creep up
The steady inflation rate of 2.7% underscores persistent price increases, influencing investor expectations regarding potential adjustments to interest rate policies by the US Fede...
Read Full Article →Administrators lined up in case of Thames Water collapse
FTI Consulting is developing backup strategies to manage potential disruptions caused by financial instability at Thames Water, highlighting concerns about the company’s current ec...
Read Full Article →US and China extend trade truce to avoid tariffs hike
The postponement of increased import duties between the US and China maintains current tariff levels, potentially stabilizing trade costs and reducing uncertainty for businesses en...
Read Full Article →UK jobs market cools as vacancies fall
Recent data indicates a slowdown in hiring activity in the UK, with fewer available positions reflecting cautious employer behavior amid evolving economic conditions.
Read Full Article →Nvidia and AMD to pay 15% of China chip sales to US
Nvidia and AMD will allocate a portion of their income generated from Chinese chip sales to the US government as a condition for obtaining export licenses to the China market.
Read Full Article →Entertainer founder hands over toy shop chain to staff
The transfer of ownership to employees allows nearly 2,000 workers to participate in profit-sharing and decision-making, potentially improving motivation and aligning interests wit...
Read Full Article →The US is taking a cut from chip sales to China - what does it mean?
Two major companies have agreed to allocate 15% of their earnings from specific advanced semiconductor sales in China to the US government, reflecting a notable impact on cross-bor...
Read Full Article →The Interview
Shoprite's robust financial performance highlights its strategic market position and operational efficiency, underscoring the company's influence within the South African retail se...
Read Full Article →How South Korea's K-beauty industry is being hit by Trump tariffs
The implementation of a 15% tariff on South Korean cosmetics has prompted increased purchasing activity from both consumers and retailers, impacting trade dynamics within the beaut...
Read Full Article →Trump's global tariffs 'victory' may well come at a high price
While the administration views the new international trade measures as a success, the resulting economic shifts could lead to substantial costs and unintended consequences for the...
Read Full Article →The Gulf bets big on AI as it seeks the 'new oil'
The UAE and Saudi Arabia are investing heavily in artificial intelligence technologies through collaboration with the US to drive economic growth and establish themselves as leadin...
Read Full Article →Trump to hit India with 25% tariffs - plus 'penalty' for trade with Russia
The United States plans to impose additional duties and surcharges on imports from India starting August 1, potentially impacting bilateral trade and influencing ongoing negotiatio...
Read Full Article →Trump takes aim at US Fed as import drop lifts economy
The president cited recent trade figures to challenge the central bank's policy approach, emphasizing how changes in imports may influence economic performance and upcoming interes...
Read Full Article →Taylor Wimpey's profits wiped out by fixing cladding
Taylor Wimpey faced a substantial financial impact due to unexpectedly high expenses associated with cladding removal, totaling £222 million, which eliminated their recent profit g...
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