Asian markets steady as investors await Fed chair's testimony
Asian financial markets were little changed on Tuesday as investors awaited congressional testimony from Federal Reserve Chair Jerome Powell due to start later in the day for clues on the central bank's next move on interest rates.
Dollar subdued as traders eye Powell testimony, jobs report
The U.S. dollar made a tentative start to the week on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell and looked towards for a February jobs report that will likely influence how hawkish the U.S.
China to double down on push to be self-reliant in tech, premier says
China's science and technology policies should aim to build its strength and self-reliance, Premier Li Keqiang said on Sunday.
China increases military spending in face of 'escalating' threats
China increases military spending in face of 'escalating' threats
BBC raids show India's shrinking media freedom under Modi, some journalists say
The government said the BBC had failed to respond to repeated requests to clarify its tax affairs related to the profits and remittances from its Indian operations.
Stocks, euro sputter after stubborn euro zone inflation data
World stocks sputtered on Thursday, pressured by a pullback in Chinese stocks and higher U.S.
Europe's top prosecutor sets sights on Russia sanctions-busters
Europe's chief prosecutor Laura Codruta Kovesi is already investigating frauds that allegedly cost EU taxpayers 14 billion euros -- now she wants to go after the smugglers undermining sanctions against Russia.
Interest rate rose but so did the demand for steel as the British pound fell against the dollar
S&P 500 sheds 2%, FTSE 100 is expected to open lower, while the UK has seen the British pound fall against the dollar as the government negotiates with the striking public sector.
Russia in firing line of top UN rights meet
Moscow will send Deputy Foreign Minister Sergey Ryabkov to address the council in person on Thursday.
Analysis: Incoming World Bank chief faces tests before he gets to climate
Ajay Banga, U.S. President Joe Biden's pick to run the World Bank, will face a tough slate of issues around the institution's finances and capital structure.
British police face struggle to clean up sexist culture after scandals
Britain's police force is under unprecedented pressure to reform after the conviction of officers for murder and rape, alongside evidence of widespread sexism and misogyny in its ranks.
Global shares edge higher ahead of U.S. inflation data, yen firms
Global shares edged higher on Tuesday, tracking a rebound on Wall Street ahead of a key U.S.
Set For Life: Four bettors win £10,000 per month for a year each in February 13 draw
Top prize is an accumulated fund of £3,600,000 per winner.
Marketmind: inflation contemplation
A look at the day ahead in Asian markets from Jamie McGeever.
Set For Life: Who is the February 9 jackpot winner?
One incredibly lucky player won the £10,000 per month for a year runner-up prize.
US stocks fall again as British pound advances
UK inflation slowed to 10.5 percent in December -- still around 40-year highs and more than five times the BoE's official target level of two percent.
Volvo braces for challenges in 2023 after quarterly profit falls
Volvo Cars said on Thursday 2023 was likely to be another challenging year, despite healthy demand for its vehicles, as the Swedish carmaker reported a fall in quarterly profit.
Bank of England officials split over future path for rates
Bank of England policymakers disagreed on Thursday about where interest rates need to go to tame inflation, with Governor Andrew Bailey stressing the uncertainty of the outlook, a week after the BoE suggested its run of rate hikes might be peaking.
Wall St rises on robust earnings, Disney hits five-month high
U.S. main stock indexes rose on Thursday with Disney and Salesforce boosting the blue-chip Dow index, while data showing a rise in weekly jobless claims helped ease concerns about the Federal Reserve's rate-hike path.
Why energy companies are making so much profit despite UK windfall taxes
Although Shell and BP have headquarters in London, they are multinational companies operating in many countries with different fiscal regimes.
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.
Stocks steady, dollar higher on US rate-hike expectations
Stock markets largely steadied and the dollar rose Tuesday, with traders forecasting US interest rates to keep climbing following last week's blockbuster American jobs report.
Set For Life: Jackpot winner bags £3,600,000
There were also 191,119 players who won smaller prizes ranging from £5-250.
Apple set to post rare revenue drop as focus shifts to demand rebound
Apple Inc is expected to report its first decline in quarterly revenue in nearly four years after strict COVID-19 curbs in China rapped the economy and related protests upended iPhone production at its biggest supplier Foxconn.
Meta reports sales fall, but beats expectations
Zuckerberg said Meta is working on eliminating layers of middle management as well as deploying AI tools to help engineers be more productive.
Levelling up: how UK freeports risk harbouring international crime
This risk of criminals taking advantage of the relaxed regulation in freeports has been highlighted by several studies.
McDonald's tops profit estimates, warns short-term inflation to persist
McDonald's Corp on Tuesday beat Wall Street estimates for quarterly profit on higher menu prices, even as it warned short-term inflationary pressures would persist in 2023.
Set For Life: Are you the January 30 £3,600,000 jackpot winner?
Two lucky UK players won £10,000 per month for a year each.
Set For Life: Are you the January 26 £3,600,000 jackpot winner?
Two lucky UK players won £10,000 per month for a year each.
Wizz Air sees strong summer, but more wary than rivals
Wizz Air is upbeat on summer demand for travel but more cautious than its competitors, forecasting a return to profit in its 2023-2024 financial year, helped by strong bookings, new capacity and the benefits of hedging fuel costs.