British consumer price inflation jumped to 10.1% in July, its highest since February 1982, up from an annual rate of 9.4% in June, intensifying the squeeze on households, official figures showed on Wednesday.
Western companies with iconic brands like Coca-Cola that exit Russia face years of battling knockoffs and unauthorized imports clamoring to fill the void they leave behind, a risky bid as courts show little sympathy for firms that depart.
German utility Uniper reported a net loss of 12.3 billion euros ($12.5 billion) for the first half and warned it would take until 2024 before it could return to profit.
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With the recently launched Developing Countries Trading Scheme (DCTS), the UK will extend tariff cuts to hundreds of more products from 65 developing countries.
Britain recorded its biggest rise in foreign workers since the start of the COVID-19 pandemic in the year to June, driven overwhelmingly by workers from outside the European Union, official figures showed on Tuesday.
The two candidates battling to be Britain's next prime minister vied to present themselves as defenders of Scotland's place in the United Kingdom on Tuesday, promising more scrutiny of Scotland's government to undermine a new push for independence.
BHP Group Ltd reported bumper profits on Tuesday on the back of gains in prices of coal and other commodities, and declined to rule out a second approach in its spurned $6 billion bid for OZ Minerals.
U.S. inflation at a four-decade high has hit lower-income Americans the hardest. On Tuesday, Walmart's results showed that those with bigger wallets are getting squeezed, too.
American Airlines Group Inc on Tuesday agreed to buy up to 20 jets from aircraft maker Boom Supersonic, becoming the second major U.S. airline to bet on ultra-fast passenger travel in the last two years.
Amazon.com Inc confirmed that the Federal Trade Commission (FTC) has been investigating sign-up and cancellation processes for its Prime program since March 2021
Stock markets struggled for direction on Tuesday as they grappled with worries over global growth, following weak Chinese and U.S.
Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds stolen from decentralized finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysis released on Tuesday.
China's central bank cut its interest rates on Monday for the second time this year, but analysts suspect it will do little to spur lending in an economy awash with cash but lacking in consumer demand and business confidence.
China slashed holdings of U.S. Treasuries for a seventh consecutive month in June, Treasury department data released on Monday showed, with investors closely tracking this measure in the wake of tensions between the world's two largest economies involving Taiwan.
The European Union is planning a five-fold increase in financial support to an African military mission in Mozambique, an internal EU document shows.
The European Union is working to boost its presence in the Pacific through economic ties and new security commitments as geostrategic competition in the region intensifies.
New Zealand is sending 120 military personnel to Britain to help train Ukrainians in front-line combat, the government said on Monday.
A global surge in wholesale power and gas prices means households across Europe face much higher energy bills this year and beyond, with the region's most vulnerable exposed to fuel poverty, consumer groups say.
