AI and machine learning have been used across the financial sector for at least a decade, such as to help detect fraud and money laundering.

Global stocks were mixed Tuesday as investors digested data suggesting a slowing US labor market, while US crude prices sank to a five-month low amid lingering concerns about demand.

Oil prices rose again Wednesday following a report of possible additional output cuts by exporters as the OECD pared back its global growth forecast and warned of an economic hit from the Israel-Hamas conflict.

The House of Lords Economic Affairs Committee released a report that critiques the Bank of England's scope of operation amidst the current cost of living crisis.

The fashion and clothing sector, traditionally a cornerstone of the UK retail landscape, continues to face headwinds, according to recent reports.

The report highlights the risk of a vicious cycle, where low interest rates fail to stimulate meaningful economic growth and cause a recession.

British Finance Minister Jeremy Hunt said the UK will invest £4.5 billion in key manufacturing sectors, including automobiles and green industries.

Prime Minister Rishi Sunak on Monday announced GBP29.5 billion ($37.2 billion) of private funding for new UK projects as more than 200 CEOs descended on London for the 2023 Global Investment Summit.

Nissan has announced a groundbreaking £2 billion investment to expand electric vehicle (EV) production in Sunderland.

The financial impacts of Brexit have left UK business investment levels "chilled", according to the Deputy Governor of the Bank of England.

Riots in Dublin this week have highlighted growing social tensions in Ireland, with political leaders and others blaming far-right agitators for stoking unrest over increased immigration in recent years.

A gas-guzzling fossil fuel exporter trying to spearhead more ambitious climate action, the United Arab Emirates remains heavily dependent on hydrocarbons for its prosperity.

The gender pay gap in earnings reflects economic inequality about older women entering retirement with lower accrued earnings.

Sunak is scrapping free NHS prescriptions that have been a vital lifeline for individuals with chronic conditions, low-income families, and the elderly.

Hunt defended the move, asserting that it aligns with the government's commitment to supporting businesses and individuals during challenging times.

Britain's Conservative government launched plans Wednesday to stimulate growth and woo voters for the next general election, delivering a massive tax-cut sweetener for workers but also forecasting sharply lower growth and stubbornly high inflation.

The UK government has sought to change the £2.5 billion worth of British arbitration services through an Arbitration Bill, which seeks to modernise the procedure better to resolve legal disputes for businesses.

The UK government has signed a series of sci-tech deals with South Korea to foster cooperation in AI, semiconductors, engineering biology, space tech and other areas during the South Korean PM's state visit to the UK.

The problem of having clean drinking water has always been a challenge for many governments around the world

A new study by AWS and research firm Access Partnership found hiring AI-skilled talent is a priority for 73 per cent of employers.

In a bid to help the economy recover from the financial effects of COVID-19, European authorities have welcomed remote workers through the digital nomad visa.

The United States stumbled again in trade negotiations with Asia-Pacific partners this week, a setback that analysts say could weigh on America's standing as a partner in the face of China's growing influence.

David Cameron has stepped into his new role as Foreign Secretary with a visit to Ukraine to reinforce the UK's consistent support against Russia's aggression.

The report comes ahead of this year's United Nations Climate Change Conference (COP28).

The European Commission on Wednesday lowered its eurozone growth forecast for 2023 and 2024, saying the high cost of living and interest rates were weighing on consumers and businesses.

UK inflation hit the lowest level in two years last month after consumer prices fell sharper than expected on easing energy bills, official data showed Wednesday, relieving a cost-of-living crisis and pressure on embattled Prime Minister Rishi Sunak.

US President Joe Biden and his Chinese counterpart Xi Jinping arrived in San Francisco on Tuesday on the eve of an eagerly awaited meeting between the leaders of the world's two largest economies.

A new report highlights how female entrepreneurs are repeatedly met with social biases that impact their future career trajectory and earning potential.

The cyberattack that paralysed several major Australian ports was a sharp reminder of what governments and experts say is a growing threat to shipping, the lifeblood of the global economy.

Economic development and environmental action need to march hand in hand if the world is to successfully combat global warming, US Treasury Secretary Janet Yellen said Monday at the start of major global meeting.