EU meets to forge plan for rushing ammo to Ukraine
EU defence ministers on Wednesday discussed plans to raid their stockpiles to rush one billion euros' worth of ammunition to Ukraine and place joint orders for more to ensure supplies keep flowing.
Inside BP's plan to reset renewables as oil and gas boom
BP hasn't fallen out of love with renewables. It just wants to have more power.
Valentine's Day spending boosts British retail sales in February - BRC
Valentine's Day helped to boost British retail sales in February but volumes remained down on last year as households cut back on non-essential items, a survey published on Tuesday showed.
The dire situation at Everton FC under Farhad Moshiri's ownership regime
Everton have spent over £700 million under Farhad, and are now facing financial and managerial missteps that have contributed to their decline.
Japan's ruling party faces severe criticism over clearing student debt for having babies
It had suggested a reduction in student loan payments or a full exemption for those who want to have a child.
Fears of European industry exodus to U.S. may be overdone
European policymakers and executives have become less worried that billions of dollars of U.S.
Strategies to Find Better Sales Leads
Sales leads are the lifeblood of any business. Without a steady stream of quality sales leads, your business will suffer and eventually fail.
Ukraine's economy stabilizes after shock of war
When Russia invaded Ukraine a year ago, the shelves of the Novus supermarket chain in Kyiv quickly emptied as its supply chains - domestic and overseas - collapsed.
Analysis-To raise prices or not? Consumer goods makers weigh bets on buyer strength
Prices of everyday basics like Bounty paper towels and Cadbury chocolate may rise again this year while those of others like Clorox Co wipes and Diet Pepsi are likely to stay steady.
Inflation will add £18 billion to UK non-food retail sales in 2023
Research from Metapack, ShipStation and Retail Economics reveals consumers tend to pay more for less, with inflation adding £18.2 billion to UK non-food sales, regardless of the decline in volumes by 4.9%.
Disney lays off 7,000 as streaming subscribers decline
Disney is also going to look at the volume of content it makes and the pricing of its streaming services.
Logistics execs see 2023 recession as 'Likely' or 'Certain'
The Agility Emerging Markets Logistics survey 2023 paints a sober picture, with more than 2/3 of respondents seeing a 2023 recession as 'Likely' or 'Certain'.
Britain needs new 'stockpile' strategy to support Ukraine, says Labour
Britain must set out a new strategy to boost military production and overhaul wasteful procurement to better support Ukraine and signal to Russia that things can only get worse, opposition Labour's defence policy chief said on Tuesday.
Europe in crossfire of US-China economic rivalry
Europe's fears have deepened in the wake of economic and supply crises sparked by the Covid pandemic and war in Ukraine.
Google, Apple disappoint as tech earnings hit by gloom
Apple is the only tech giant that has yet to announce major layoffs in recent weeks.
EU lays out response to US green tech subsidies
The EU will reveal Wednesday plans to counter the threat to European industry from US green energy subsidies and unfair competition from China, with leaked proposals pointing to a controversial expansion of state aid rules.
Top Republican to meet Biden on avoiding US debt default
The talks will be McCarthy's first with the president since he became speaker of the House of Representatives this month after Republicans won control of the chamber.
Japan's Suzuki to invest $35 bln through 2030 in EVs
Suzuki Motor Corp will invest 4.5 trillion yen ($34.8 billion) through fiscal 2030 in research, development and capital spending to make battery electric vehicles (EVs), it said on Thursday.
UK shoppers cut back on spending as inflation takes its toll
Inflation-pinched British consumers cut their shopping by the most in the key month of December in at least 25 years, official data showed on Friday, dashing hopes for a Christmas boost for the country's flagging retail sector.
Biden to welcome Japan's Kishida and historic military reforms at White House
U.S. President Joe Biden will welcome Japanese Prime Minister Fumio Kishida at the White House on Friday and is expected to hail what Washington sees as historic plans by Tokyo for a major military buildup in the face of shared concerns about China.
UK strikes: what ongoing industrial action means for the future of Britain's railways
As with previous rail reforms, progress could be made quickly in shadow mode (before legislation is passed) if the government is clear about the direction of travel.
UK minister reassures Washington on restored stability, fiscal plans
Britain's financial services minister sought to reassure U.S. counterparts on Wednesday that the UK's bout of debt market instability last fall was a one-time event
UK curbs energy bill support for businesses
The Energy Bill Relief Scheme offers help for businesses, the public sector and charity organisations.
How the inflation crisis is impacting retail industries in the UK
Businesses in the UK are reinventing the way they run their organizations as industry dynamics change due to unprecedented inflation in the UK.
Oil price cap may widen Russia's 2023 budget deficit, says FinMin
Russia's budget deficit could be wider than a planned 2% of GDP in 2023 as an oil price cap squeezes export income, Finance Minister Anton Siluanov said, an extra fiscal hurdle for Moscow as it spends heavily on its military activities in Ukraine.
German companies plan to invest more in Africa in 2023
German companies want to boost their activities in Africa next year, especially in areas such as green hydrogen and liquefied natural gas, with 43% planning to increase investment in the continent, a survey seen by Reuters on Tuesday showed.
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Soaring energy costs push UK public borrowing to November record
British public borrowing unexpectedly jumped last month to hit its highest for any November on record, reflecting the mounting cost of energy subsidies, debt interest and the reversal of an increase in payroll taxes, official figures showed on Wednesday.
Bexley pub opens soup kitchen for homeless people amidst inflation
The management of South London Pub opened a soup kitchen to help the homeless amidst inflation and hiring challenges on firms.
EU reviews Hungary's eligibility for sorely needed aid
The European Union's executive is due to come up with a new assessment on Friday of the state of democracy in Hungary to help the bloc's 26 other member states decide on whether to grant Budapest billions of euros worth of funds.