Unexpected Surge in UK Inflation Poses Challenges for Bank of England's Monetary Policy
The United Kingdom experienced an unexpected rise in inflation to 4.0 per cent in December, marking the first increase in the past 10 months.
Labour Promises To Save The UK's Business Reputation From 'A New Age Of Insecurity'
As the next general election approaches, MP Rachel Reeves will introduce JP Morgan investors to Labour's plan to regrow the British economy.
Elon Musk Accused Of Tesla 'Power Grab' In AI Push
After selling a major portion of his stake to buy Twitter, Elon Musk owns 13 per cent of Tesla, but now he wants the board to raise his stake to 25 per cent.
Economic Headwinds Blow Stocks Lower Around The World
Global stocks moved lower on Wednesday as stronger than expected US retail sales data dimmed investors' hopes for an early start to interest rate cuts.
UK Launches New Tech Partnership With Ukraine To Prevent Economic Collapse
To protect Kyiv from bankruptcy, the UK and Ukraine have launched a tech programme that will allow for international networking and business collaborations.
Real Estate Mogul Eric Spofford Launches Free Cash Flow Is King Training Program
With the ultimate goal of helping both new and experienced investors achieve financial freedom
2024: The Year Africa Embraces its Economic Renaissance
Ahonsi Unuigbe, Chief Executive Officer of Petralon Energy and Chair of the Nigerian Exchange Group
Microsoft's Beijing AI Lab Faces Mounting Pressure Amid US-China Tech War
Executive Order issued by Biden's administration places guardrails on AI and restricts US-based chipmakers from shipping GPUs to China over security concerns.
Sir Jim Ratcliffe Reveals His Minority Takeover At Manchester United Should Be Approved Next Month
The control of sporting operations at Manchester United will be handed to the club's newest investors, Sir Jim Ratcliffe and INEOS.
UK Fintech Sector Secured More Funding Than 28 European Nations Put Together in 2023
Riding on the success of the UK firm Rapyd which raised £235 million, the UK fintech sector continues to be a leader in fintech funding despite a decrease in the number of deals secured in 2023 by over 100.
Bank of England Faces Pressure to Adjust Interest Rates as Inflation Forecasts Take a Surprise Turn
Three prominent forecasters – Oxford Economics, Investec, and Deutsche Bank – have issued updates indicating a potential halving of the inflation rate to two per cent by April, forcing the Bank of England (BoE) to reconsider its timeline for the first interest rate cut.
US Stocks Shrug Off Inflation Data, Nikkei Ends At Peak Since 1990
Wall Street stocks largely shrugged off a disappointing US inflation report Thursday, while Japan's Nikkei finished above 35,000 for the first time since 1990.
UK Energy Security Assured for 70 years With A Nuclear Roadmap for the Biggest Nuclear Power Expansion
The UK government has announced a civil nuclear roadmap that seeks to revive the UK nuclear sector with a plan to build new nuclear reactors, fuels, and technology, adding UK jobs across the country.
UK Minister Highlights Shared Vision at Vibrant Gujarat Summit Strengthening Bilateral Ties
Highlighting the economic aspect of the relationship, Lord Ahmed predicted the continued growth of business links between the two nations, leading to job creation and prosperity.
Bank of England Contemplates Earlier Interest Rate Cut Amidst Forecasts of Decreasing Inflation
Three prominent forecasters, including Oxford Economics consultancy, Investec, and Deutsche Bank, have revised their outlook for inflation in 2024.
Stock Markets Hesitant Ahead Of Inflation Data, Earnings
Global stock markets drifted on Wednesday, the eve of the release of key US inflation data and the start of the latest earnings season.
US Regulators Authorize First Bitcoin Funds On Public Markets
US securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency.
US Stocks Mostly Fall As Tokyo Hits 33-year High
US and European stocks markets mostly retreated Tuesday as a rebound at the start of the week lost steam amid investor worries about the growth outlook.
Oil Prices Slump But Stock Markets Mostly Higher
Oil prices on Monday slumped following a sharp price cut by Saudi Aramco while Wall Street stocks rocketed higher, rebounding after a sluggish start to 2024.
Manchester United Boss Erik ten Hag Engaged In Positive Talks With The Club's New Investors
Erik ten Hag welcomed INEOS' Sir Jim Ratcliffe and Sir Dave Brailsford to Manchester United's training ground this week to share ideas regarding the club.
Three Exciting Innovations in the Gaming World
Few industries can boast the growth and startling innovation that the gaming world has been able to maintain over the last decade and a half.
Asian Markets Extend New Year Retreat After Fed Minutes
Asian markets continued their disappointing start to the year Thursday, tracking another loss on Wall Street after minutes from the Federal Reserve's December meeting dampened hopes for an early interest rate cut.
Oil Prices Jump, Stocks Slump After Iran Blasts
Global markets were rattled Wednesday as blasts in Iran that killed at least 103 fanned fears of the war between Israel and Hamas spreading further.
Rishi Sunak Under Fire for Failing to Appoint New Climate Committee Chief
The watchdog, responsible for advising the UK government on climate policy, has been without a leader for 18 months since the departure of former chief Lord Deben.
UK Mergers and Acquisitions Witness 33% Decline, Lowest Levels Since 2009
The notable 33 per cent decrease in the overall value of mergers and acquisitions deals involving UK firms amounts to £207 billion throughout 2023.
New Year Gets Off To A Weak Start As Traders Eye Rate Cuts
Asian markets slipped Tuesday as most traders returned from the New Year break looking forward to a 2024 that is expected to see a series of Federal Reserve interest rate cuts, but to also be full of economic and political uncertainty.
Asian Stocks Open Year's Last Trading Day Cautiously
Asian stocks opened cautiously on Friday, largely continuing an end-of-year rally that has been boosted by investors' expectations of a US Federal Reserve rate cut as early as March.
Elon Musk-Led xAI Adopts A For-Profit Benefit Corporate Structure With Aim To Do Some Societal Good
Every AI startup appears to adopt a benefit corporate structure that allegedly benefits society, but they are still generating enormous amounts of cash.
Global Stocks Rise After Holiday Break As Oil Prices Retreat
Global stocks mostly rose Wednesday as several more major markets returned from the Christmas holiday break as investors remained broadly optimistic in light of easing pressure from central banks.
UK Consumer Inflation Rate Unexpectedly Decreases In November
Jeremy Hunt says that wages will go up as prices go down next year after it was announced that the rate of inflation has decreased to 3.9 per cent.