IMF official: World economy is on the brink of “cold war 2”
A senior International Monetary Fund representative has warned that the world economy is at the brink a second Cold…
Yearly Archives
2023
Analysts say that Anglo American, a miner, could be a target for takeover.
Analysts believe that the mining company Anglo American may become a target for a takeover after it warned of lower…
First time in more than a decade, the use of physical money is on the rise
For the first time since at least a decade the use of physical cash is increasing, as households are returning to…
Investors warn that the Bank of England is lagging behind its peers in combating…
Investors have warned that the Bank of England is facing a stubborn inflation problem which may prevent it from…
Activist investor Cevian gains 20% thanks to CRH relisting
Cevian Capital, one of Europe's biggest activist investors, has seen gains of nearly 20 percent this year. This is…
Nvidia is the leading AI investor
Nvidia is the most valuable chipmaker in the world. It has invested heavily in AI start-ups to capitalize on its…
Scientists use brain tissue for biocomputing research
Scientists have developed a system that combines brain-like tissue with electronic hardware for speech recognition…
The UK Government offers £2.5bn for the stabilisation of Northern Ireland’s…
The UK government offered Northern Irish political groups a package of financial stabilization measures totaling…
Bank of England and Fed to hold interest rates
Western world's biggest central banks will likely keep interest rates at the same level this week, amid concerns…
Unilever faces break-up battle after ‘virtue signalling’ retreat
Hein Schumacher's charm offensive and change in tone masks corporate uncertainty
Hein Schumacher, the new…
Ocado adds more products to its online store in an effort to reduce tensions…
Ocado has added almost 600 M&S items to its website as it tries to reduce tensions with the retail giant.…
Think-tank says that inflation has reduced the NHS England budget’s £3.5bn.
According to a new study, the NHS budget in England will be worth £3.5bn lower this year due to inflation than it…
Jay Powell is under pressure to present a plan for US rate cuts
Federal Reserve Chair Jay Powell is facing a difficult balancing act to maintain flexibility within the US central…
India’s NSE is set to overtake Hong Kong as the world’s biggest market
Analysts say that the value of India's National Stock Exchange is set to surpass Hong Kong as the largest trading…
Javier Milei, the new president of Argentina, has pledged to cut deep spending.
Javier Milei is a libertarian economist who has been sworn in to be the president of Argentina. He promised to make…
Cigna cancels blockbuster insurance deal with Humana
According to sources familiar with the situation, US health insurer Cigna abandoned plans to merge Humana. This…
UK small businesses ask regulator to step in over ‘harsh banking…
The UK small business group has asked the country's main financial regulator to help stop "unfair" banking…
BBC to face further cuts following Ministers’ curtailment of licence fee…
UK ministers are to cut about £90mn from the BBC’s annual budget after announcing a smaller than expected increase…