Argentina Needs Reform, But Milei's Anarcho-Capitalism Would Spell Disaster
Massa may have won the first round by a healthy 6% to the surprise of pollsters, but much of the remaining conservative base.
WeWork Bankruptcy a Warning to Others – What Can Be Learned
The loose culture that characterised WeWork should have served as an ominous warning sign but the board clearly missed or ignored it.
HSBC Expresses Concerns About UK's Economic Outlook Despite a 240% Rise in Profits
HSBC, headquartered in London but primarily focused on the Asian market, announced pre-tax profits of $7.7 billion (£6.4 billion) for the third quarter spanning from July to September.
Ofwat Raises Alarm Over Financial Health of Key Water Companies in South East England
The water regulator responsible for overseeing the water supply in England and Wales has issued a warning regarding the financial stability of companies that serve more than 20 million customers in the southeast of England.
Strategize Against Your FOMO
If you were a calf and saw your entire herd stampeding off into the distance, you'd likely feel you should join in too.
Biden Urges US To Lead World Against Hamas, Putin Threats
President Joe Biden made an impassioned call for the United States to show global leadership by backing Israel and Ukraine, saying in a speech from the Oval Office Thursday that defeating Hamas and Russia was a vital US interest.
Bulgaria Must Double Down on Rule-of-Law Reforms Before Eurozone Entry
Influenced by Russian propaganda, Bulgaria's pro-Kremlin parties are amplifying anti-euro disinformation. However, the country's ongoing rule of law problems render it unfit for immediate euro adoption.
Investors Wary After FTX Debacle as People Lose Trust in Companies Managing Their Money
To prevent financial scandals and bolster investor confidence, regulators must continuously update and refine regulations to match evolving financial markets.
Best Crypto Copy Trading Platforms in 2024
Discover the top FCA-regulated copy trading software for replicating successful trading strategies
Adobe Expects Online Holiday Sales To Hit $221 Billion This Holiday Season
Despite a challenging economic environment, Adobe expects record discounts and flexible payments to drive an approximate five per cent growth in eCommerce.
Metro Bank Reassures Investors After Its Share Price Plummets Amidst Shoring Up Their Finances
On Thursday, Metro Bank issued a statement to reassure investors after the short suspension of their shares due to volatility amidst suffering a hefty 25 per cent fall.
Warnings Of China's Collapse Are Premature As The Nation Still Has One Of The Largest Economies
A total collapse of China in the near term, even with many Western firms reducing their exposure to China's economy, would collapse the global economy, some experts believe.
Bill Ackman Says He'd Invest In X Through His SPARC Structure
Bill Ackman claims Elon Musk could go toward lowering X's crushing debt load if Pershing Square were to invest in the company.
UK Water Firms Ordered to Cut £114 Million From Bills After Missing Targets
Industry regulator, Ofwat, said in its assessment that not one company reached their highest measure of performance.
Biden Aims To Wrest Influence From China In Pacific Islands
President Joe Biden is set to host leaders of Pacific island nations with an aim of countering China's ever-growing influence, proffering goodies ranging from an American football experience to shiny new embassies.
US Government At Rising Risk Of Shutdown With Congress In Deadlock
The United States is less than two weeks away from a potential government shutdown, with the stakes increasing as lawmakers struggle to agree on a short-term spending bill.
Ex-Bank Of England Governor Mark Carney Says Former PM Liz Truss Turned Britain Into 'Argentina On The Channel'
Liz Truss has vehemently defended the policies she tried to enact during her short time as prime minister. Mark Carney also criticised "far-right populists" and Brexiteers for having a "basic misunderstanding of what drives economies".
Why Does Elon Musk Want To Put X Behind A Paywall?
Elon Musk has suggested that all users of X, previously called Twitter, may have to pay to access the platform due to the high amount of bots and fake accounts.
West London residents left without water for second day; Thames Water apologies
Thames Water said the problems were caused by a power supply issue at its West London treatment works, and were "sorry for the disruption".
Man United new shirt sponsor deal is 'biggest in football'
Worth a reported £65 million per year, the Red Devils' new deal is richer than the current biggest shirt sponsorship package, which is held by Real Madrid and Fly Emirates.
Divided G20 head to India with eyes on Ukraine and climate
Divided G20 leaders will descend on New Delhi from Friday, with host Prime Minister Narendra Modi seizing a chance to occupy the geopolitical centre stage and hammer home India's growing diplomatic clout.
US interest rates in 'good place,' for now: Fed officials
High US interest rates are doing their job in the fight against inflation, but more hikes may yet be needed, senior US Federal Reserve officials said Thursday.
China's demographic shift and economic challenges pose threat to West
China has strong ambitions to become the world's greatest economy and superpower in the coming decades. While recent numbers show this goal being pushed off, it is not an impossibility.
Global tensions risk clean energy progress: IEA chief
The head of the International Energy Agency urged the United States and China to set aside their differences and align on climate change, warning in an interview Monday that "geopolitical fractures" risked holding back the clean energy transition.
Study finds that the cost of attending university will rise by £5,000 this year
A poll found that 85 per cent of the 500 undergraduates admitted to being concerned about being able to afford their upcoming term at university.
Africa climate summit to urge investment in continent
African policymakers will kick off a landmark climate summit in Kenya on Monday aimed at reframing the continent as a budding renewable energy powerhouse and calling for international financial help to unlock its potential.
UK financial institutions may unknowingly fuel gambling with risky £174 million loan
Proposed regulations dictate that losses amounting to £1,000 per day or £2,000 over nine months would prompt heightened interactions between gambling companies and customers.
China halves stock trade tax to boost market
China halved the stamp duty on securities transactions, state media reported Sunday, in an effort to restore confidence in the world's second-largest stock market as the country battles an economic slowdown.
Over half a million UK SMEs struggle to meet tax obligations amid rising costs
A new study reveals that more than half a million SMEs in the UK are struggling with tax payment challenges, primarily focused on Corporation Tax and VAT.
Africa could be the answer to global supply chain disruptions, says new report
The United Nations Conference on Trade Development has shed light on how investing in African countries could help in tackling global supply chain disruptions.