Global stocks down on weak Chinese data
Global stocks fell Tuesday after disappointing data from China deepened concerns over its economy, while strong US retail numbers and worries surrounding the American banking sector cast a pall on Wall Street.
New British High Commissioner aims to strengthen UK-Malaysia ties and boost trade relations
British High Commissioner-designate Ailsa Terry begins her role in Kuala Lumpur, focusing on enhancing UK-Malaysia ties, trade partnerships and climate cooperation through CPTPP.
The cost of global business trips and events will continue rising
The 2024 Global Business Travel Forecast has found that whilst costs of global business trips and events will still rise, price increase levels should ease.
Global stocks rise as US inflation inches up
Stock markets rose Thursday as highly anticipated official data showed that US consumer inflation inched up in July but held at a moderate level.
British government announces £13 million in funding for healthcare before AI Safety Summit
Ahead of Britain hosting the first AI Safety Summit this year, healthcare is set to be modernised with £13 million in funding handed to research projects.
UK export finance secures £50 million loan for Trifast's global expansion
UK Export Finance secures a £50 million loan for Trifast's global expansion, driving innovation in industrial fastenings and uplifting partnerships, export growth, manufacturing support, innovation and economic development.
Navigating the Smoke: The Evolution of the Tobacco Industry and Emerging Innovation
The traditional cigarette market has been experiencing a steady decline as the popularity of vaping emerges among the mass public.
Oil prices rise to multi-month highs; mixed day for global stocks
Oil prices rose to a multi-month peak Wednesday in the wake of OPEC supply cuts while global stocks were mixed following disappointing China data.
Study finds link between air pollution and antibiotic resistance in humans
The latest analysis of data obtained from more than 100 countries has revealed that air pollution is causing a rise in antibiotic resistance (AMR).
Is the Smart Data reforms what UK businesses need to thrive?
A business alliance led by MP John Penrose is urging the government to expedite Smart Data reforms, to enhance the competitiveness of British exporters, among others.Business leaders rally behind urgent smart data reforms for British competitiveness and consumer benefits
Stocks markets extend losses on US credit downgrade
Major stock markets mostly slid further Thursday as traders moved out of riskier assets after Fitch stripped the United States of its top credit rating this week.
UK invests £33 million in green respiratory inhalers manufacturing to boost economy and create jobs
The UK invests £33 million in Kindeva Drug Delivery for green inhalers, creating jobs and boosting life sciences manufacturing.
Bank of England raises UK interest rates to a record 5.25%
The last time rates were this high was in April 2008, in the midst of the global financial crash, with the UK's central bank expecting inflation to fall below five per cent in the autumn or winter.
Are most working women 'unpaid' worldwide?
Oxfam found that international labour data does not represent 65 per cent of women's working hours in the UK.
Global stock markets slump after US ratings downgrade
Global stock markets slumped Wednesday after Fitch stripped the United States of its top credit rating, citing a growing federal debt burden and an "erosion of governance."
Hydrogen transport projects in North East England awarded £8 million in government funding
Airport vehicles and supermarket delivery trucks are set to benefit from upcoming hydrogen transport projects taking place in Tees Valley.
The UK Space Agency secures £15 million to advance Earth Observation technology
The £15 million funding will be allocated to various project categories, including £75,000 to Pathfinder projects, £250,000 to Fast Track projects, and £3 million to Flagship projects.
Oil majors still profitabe even if super-profits gone
From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in 2022 when prices surged in the wake of Russia's invasion of Ukraine, but they nevertheless remain comfortably profitable this year.
DBT extends CE marking indefinitely to ease business burdens and spur economic growth
Department for Business and Trade indefinitely extends CE marking, easing business burdens and promoting growth, while ensuring flexibility for UK businesses.
Equities edge higher as inflation moderates
Global stocks mostly edged up on Monday as investors remained optimistic that interest rates will not go higher and China made moves to boost lackluster growth.
UK government launches £40 Million 5G innovation fund
UK government allocates a £40 million fund to spark local digital revolutions, unlock 5G benefits and boost innovation across sectors nationwide.
Record high of nearly 6,000 hospitality industry closures in the last 12 Months
There have been approximately one in 18 hospitality industry closures all over Britain in the past year, as the record-breaking number sends shock waves through the sector and raises concerns about the long-term viability of businesses.
Revolution of consumer behaviour: Exploring the transition of consumers to mobile shopping
With the rise of mobile shopping and the profound impact of the pandemic on consumer behaviour, retailers are investing heavily in their online presence.
Oil, gas majors post sliding profits on weaker prices
Shell joined other energy majors Thursday in posting sliding profits after oil and gas prices weakened from peaks reached in the wake of Russia's invasion of Ukraine.
Liverpool Investment Zone to deliver 4,000 jobs and boost medical innovation in North West England
Liverpool Investment Zone aims to boost medical innovation, creating 4,000 jobs with £320 million private investment, solidifying its position in life sciences.
International leaders condemn Russia's withdrawal from the Black Sea Grain Initiative
Responding to Russia's unilateral withdrawal from the Black Sea Grain Initiative, international leaders have condemned Russia for the effects of decreased exports on global food security.
The UK Is Promising New Trade Routes – Will It Deliver?
The UK has struggled to recover from Brexit but promises new trade routes on the horizon. Will it deliver? Discover here.
British Ambassador advocates for reformed multilateral system to tackle global challenges
British Ambassador advocates for a stronger, reformed multilateral system to address global challenges, emphasising inclusivity and collaboration.
Stocks advance cautiously ahead of central bank rate moves
European and US stocks mostly made cautious advances on Tuesday as investors awaited central bank rate decisions, while stimulus pledges by Chinese leaders dominated Asian trading.
IMF raises 2023 economic outlook but warns of slowing global growth
The International Monetary Fund has slightly upgraded its outlook for world growth this year on the back of resilient service sector activity in the first quarter and a strong labor market, the lender said Tuesday.