Russia opposes plan to phase-out fossil fuels
Russia warned that it would oppose any global agreement to reduce fossil fuel use, amid tensions between Russia and…
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Ofcom demands UK antitrust investigation into Microsoft’s and Amazon’s cloud…
Ofcom, the UK's communications regulator, has referred the $500bn industry of cloud computing to the Competition…
Oil set to record its biggest weekly drop since March amid fears of interest rates
Barclays analysts have warned that the surge in bond rates, which is driving up government borrowing costs, will…
Metro Bank seeking emergency cash from Bank of England, Treasury talks to them
Treasury officials met with Bank of England representatives on Thursday evening after Metro Bank shares…
Abcam, a life sciences company, rejects the accusations of its founder over a…
Abcam defended its handling of the proposed $5.7bn Danaher takeover, insisting the UK Life Sciences company…
UK construction activity plummets, according to industry survey
According to a widely watched survey, the UK's construction industry posted its largest monthly decline since May…
BoE criticises UK banks for failing to learn from Archegos collapse
The Bank of England criticised UK banks who failed to take action to fix the risk management system flaws exposed…
Alstom shares fall on cash flow warning
Alstom's shares fell by more than a quarter on Thursday, after the French manufacturer of high-speed rails lowered…
Thames Water: To attract investors, pollution fines must be limited
Thames Water said that it would need to make regulatory changes, including a limit on pollution fines as well as an…
Alibaba accused of possible espionage at European hub
The Belgian intelligence service is monitoring Alibaba's major logistics hub in Europe to detect espionage. This…
IMF chief: Despite headwinds the world economy is on track for a’soft…
IMF chief Christine Lagarde said that the "remarkable" resilience of the global economic system this year had…
Metro Bank’s chair meets UK financial regulators after shares plunge
Metro Bank's chairman met with the UK's leading financial watchdogs Thursday. The bank is looking to raise up…
Google Pixel 8 Pro: Specs and Price Comparison, iPhone 15 Release Date and Release…
Google wants to take on Apple Inc. with its new Pixel phones, which are more iPhone like than ever.
The Pixel 8…
What the global bond market turmoil means for consumers
Slow motion train wreck will cause a prolonged economic crisis
The global bond market is in turmoil…
Bond markets: The giant asset price crash nobody talks about
We tend to think about house prices, stock market values, fine art, antique furniture, wine, and equities when…
Why high-speed rail costs 10 times more in Britain compared to France
The ballooning cost of HS2 is a reflection of our infrastructure planning problems.
Gordon Brown, in…
SoftBank and Revolut strike a share deal to remove the UK license barrier
Revolut and its largest investor SoftBank have agreed to simplify their ownership structure. This removes one of…
Blackstone finances legal action against Bain Capital over a failed deal
Blackstone has hired a high-stakes law firm to determine if it can recover losses exceeding €200mn from a loan made…