RWE’s chief says the UK must take note of the lackluster bids in the…
The UK's failure to attract offshore wind developers in its latest renewable energy auction must be a "wake-up…
Chinese shadow banks exposed to distressed property developers
According to legal and company filings, the Chinese shadow bank that is at the center of concern over missed…
Ukraine intensifies efforts to break Russia’s Black Sea Blockade
Two commercial ships docked in a Ukrainian port, as Kyiv intensifies its efforts to break the unilateral blockade…
US and Chinese officials meet in Malta before possible Biden-Xi Summit
Jake Sullivan, White House National Security Advisor, met with Chinese Foreign Minister Wang Yi as part of the…
The Fed is expected to surprise investors by raising interest rates again
According to the majority of academic economists, the US Federal Reserve will surprise investors and raise interest…
As interest rates rise, companies are less inclined to buy back shares.
As interest rates rise, companies are less inclined to buy their own stock. This is the lowest level of share…
Keir starmer promises to seek major revisions of Brexit deal
Sir Keir starmer said he would seek to rewrite Britain's Brexit agreement in 2025, if Labour wins the next general…
TikTok receives largest-ever penalty for violating child privacy regulations
Ireland has imposed a penalty of €345 million on TikTok due to its inadequate measures regarding the privacy of…
Google provises a defense against antitrust allegations
In court this week, Google defended itself against accusations of creating a monopoly in the search engine industry…
Octopus Energy claims that the era of ugly heat pumps has ended.
The company claims that the new 'Cosy" range of radiators and pipes does not require any new ones.…
Volkswagen reduces jobs as demand for EVs plummets
Volkswagen is cutting nearly 300 jobs at a German factory as the demand for electric vehicles declines.…
Why BP is a target for a takeover after the end of its Looney era
Murray Auchincloss, BP's finance chief, tried to maintain calm as he spoke with BP colleagues via a video call…
The waiting lists for routine hospital treatment in England have reached a record…
The waiting lists for routine hospital treatment in England reached a new record. This is the latest blow for UK…
UK regulator cracks down on misleading lifetime mortgage promotions
After a review revealed widespread problems with the way these products were sold, the UK's top financial…
Lazard’s new chief executive tells employees that share prices and revenues…
Peter Orszag, the former adviser to the Obama Administration on economic matters, has set the goal of doubling…
European powers should maintain sanctions to deter Iran’s nuclear ambitions
In response to growing concerns about Tehran's nuclear program, Britain, Germany, and France announced that they…
MGM hacking was a failed attempt to rig slots, the ‘Scattered Spider…
In a trick reminiscent of a heist movie, the hackers who allegedly breached the security at MGM's casinos this…
China criticises EU’s alleged ‘naked protectionism’ against…
Beijing has attacked the EU's anti-subsidies investigation into China's electric car industry as a "naked…