Messi never wanted PSG, says he is happier at Inter Miami
The Argentine has taken the United States by storm since joining David Beckham's team this summer.
How does apprenticeship in the UK hospitality industry offer a way out in the cost-of-living crisis?
A recent survey by Greene King provides valuable insights on the market value of apprenticeship in the UK hospitality industry in the current cost-of-living crisis.
X chief Yaccarino claims renamed Twitter 'close' to break-even
Linda Yaccarino, CEO of social media platform X, said Thursday that the company formerly known as Twitter is "close" to breaking even and is hiring to beef up a staff slashed by owner Elon Musk.
Coach owner to acquire Michael Kors, Versace parent in $8.5bn deal
Tapestry, the US owner of lifestyle brands including Coach and Kate Spade, said Thursday it will acquire Michael Kors parent company Capri for $8.5 billion, creating a new global fashion giant to compete with European powerhouses.
UK export finance secures £50 million loan for Trifast's global expansion
UK Export Finance secures a £50 million loan for Trifast's global expansion, driving innovation in industrial fastenings and uplifting partnerships, export growth, manufacturing support, innovation and economic development.
Oil prices rise to multi-month highs; mixed day for global stocks
Oil prices rose to a multi-month peak Wednesday in the wake of OPEC supply cuts while global stocks were mixed following disappointing China data.
The mental health of 14 million people is affected by rising mortgage rates
New research from Mind has revealed the detrimental impact that soaring mortgage costs are having on people's mental health, as well as their finances.
UK retail sales face July slump due to rainy weather, analysts optimistic for rebound
July's inclement weather caused a dip in UK retail sales, with indicators pointing to its substantial influence. However, analysts are optimistic about a potential resurgence in the second half of the year.
Small businesses face declining confidence in Q2 2023 during economic challenges
Small businesses faced a setback in the second quarter of 2023 as the FSB's SBI headline confidence indicator dropped sharply from -2.8 points in Q1 to -14.2 points.
Stocks markets extend losses on US credit downgrade
Major stock markets mostly slid further Thursday as traders moved out of riskier assets after Fitch stripped the United States of its top credit rating this week.
Bank of England raises UK interest rates to a record 5.25%
The last time rates were this high was in April 2008, in the midst of the global financial crash, with the UK's central bank expecting inflation to fall below five per cent in the autumn or winter.
Global stock markets slump after US ratings downgrade
Global stock markets slumped Wednesday after Fitch stripped the United States of its top credit rating, citing a growing federal debt burden and an "erosion of governance."
Oil majors still profitabe even if super-profits gone
From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in 2022 when prices surged in the wake of Russia's invasion of Ukraine, but they nevertheless remain comfortably profitable this year.
ECB set to hike again with inflation stubbornly high
Another interest rate hike appears a near certainty when ECB policymakers meet Thursday as inflation remains high, but the central bank faces increasing discontent among countries scared high interest rates will hurt growth.
Asian markets mostly gain ahead of key rate decisions
Equities mostly rose Monday in Asia with investors gearing up for policy decisions at major central banks this week, while concern over the Chinese economy continued to dampen sentiment.
Will innovative finance tackle the sustainable development goals and save the planet?
The world is halfway to the 2030 deadline of the UN Sustainable Development Goals. As challenges abound, a crucial issue needs attention: how to foot the bill.
Government announces plan to crackdown on 'rip-off' degrees
Concerned that some degrees offered by British universities are failing to deliver good graduate outcomes, the government have announced plans to limit student numbers on poorly performing courses.
Elon Musk says Twitter revenue has dropped 50%, cash flow is still negative
Several top advertisers stopped spending on Twitter after Elon Musk acquired the company due to concerns about changes he could make.
London's new 'super sewer' to end Thames pollution blight
The door of the steel box lift clanks shut and a crane slowly lowers construction workers building London's "super sewer" 40 metres (130 feet) to the bottom of an enormous vertical shaft.
Joe Biden announces $39 billion student loan debt forgiveness
Education Department aims to forgive student loans for 800,000 borrowers due to administrative errors, with changes made to income-driven repayment plans.
UK economy falters as outlook darkens
The UK economy shrank in May on an extra public holiday for the coronation of King Charles III, official data showed Thursday, and as high inflation prolongs a cost-of-living crisis.
Bank of England warns of rising mortgage payments and potential struggles for UK households
The Bank of England warns that nearly one million UK households will face higher mortgage payments due to rising interest rates, potentially impacting financial stability.
UK lenders can withstand major shock: Bank of England
Britain's top lenders have passed stress tests to show they can withstand major economic shock, even as rising interest rates pressure the financial system, the Bank of England said Wednesday.
Study reveals funding shortage forces UK SMEs to halt operations
A study by Manx Financial Group reveals that a significant number of UK SMEs have been forced to reduce or halt their operations due to a lack of funds.
UK water crisis pollutes privatisation legacy
Britain's biggest water supplier staving off renationalisation, trains derailed by strikes and consumers suffering huge energy bills -- the nation's vital sectors are mired in chaos decades after their controversial privatisation.
Sri Lankan govt asks protesters to return artefacts looted from presidential palace
Several artefacts were looted from the palace during the five-day siege, and now the government wants these items back.
Global goals on fighting poverty, inequality 'in peril': UN
The goals the world set to ease extreme poverty, improve access to drinking water and take steps toward sustainable development for all humanity are "in peril," the United Nations has said in a report published Monday.
UK SMEs battle challenges amidst late payment woes
Despite facing rising borrowing costs and the persistent issue of late payments, the SME community in the UK continues to display remarkable resilience.
Should we accept Digital Money or Digital Law?
As society touches the brink of collapse this time, will it revert to gold, or will it attempt a digital future using sound money on a blockchain?
FC Barcelona still owes Messi payments until 2025, admits Laporta
The club's financial troubles resulted in massive debts even to their players.