New British High Commissioner aims to strengthen UK-Malaysia ties and boost trade relations
British High Commissioner-designate Ailsa Terry begins her role in Kuala Lumpur, focusing on enhancing UK-Malaysia ties, trade partnerships and climate cooperation through CPTPP.
Businesses must help fight climate change as it can disrupt supply chains
In the realm of business, governance and personal stewardship, carbon accounting functions as an indispensable tool for comprehending and mitigating one's impact on the ever-pressing issue of climate change.
Global stocks rise as US inflation inches up
Stock markets rose Thursday as highly anticipated official data showed that US consumer inflation inched up in July but held at a moderate level.
Nigeria receives £10 million to fund sustainable climate infrastructure
A £10 million investment has been announced by a UK-backed funding program to create a Risk Sharing Backdrop Facility for Nigerian sustainable climate infrastructure.
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.
Stocks waver on uncertain rate outlook
Concerns about further interest rate hikes weighed on stock markets Monday even as data pointed to economic fragility in the United States and Europe -- but Wall Street eked out gains to start the week.
Britain to curb corporate greenwashing by adopting globally approved sustainability standards
Britain will set up UK Sustainability Disclosure Standards in accordance with globally approved sustainability standards by July 2024.
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.
UK invests £33 million in green respiratory inhalers manufacturing to boost economy and create jobs
The UK invests £33 million in Kindeva Drug Delivery for green inhalers, creating jobs and boosting life sciences manufacturing.
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."
Around 97% of women entrepreneurs affected by gender bias in funding
A recent survey of women entrepreneurs in the UK provided critical insights on gender bias in funding, revealing the biggest barrier faced by women in the business world is the lack of female decision-makers in these venture capital firms.
Stock markets mostly drop, dollar firms
US and European stock markets mostly fell on Tuesday as investors reacted to macroeconomic data and corporate earnings, while the dollar firmed.
Equities edge higher as inflation moderates
Global stocks mostly edged up on Monday as investors remained optimistic that interest rates will not go higher and China made moves to boost lackluster growth.
European stocks rally, Wall Street slumps on interest rate concerns
Stock markets had a mixed showing Thursday as European indices rallied while Wall Street slipped on concerns over interest rates.
Meta earnings beat market expectations as ads revive
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by a reviving digital ad business.
Microsoft, Google beat earnings expectations amid AI frenzy
Tech titans Google and Microsoft announced better-than-expected earnings on Tuesday as the frenzy over artificial intelligence stokes investor excitement and breathes a new life into the sector.
Stocks advance cautiously ahead of central bank rate moves
European and US stocks mostly made cautious advances on Tuesday as investors awaited central bank rate decisions, while stimulus pledges by Chinese leaders dominated Asian trading.
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.
Investors' projections indicate affordable housing market set to double by 2023
JLL's Affordable Housing 2023 report projects a 120 per cent growth in the UK's affordable housing market, with an increasing interest of investors.
UK Space Agency unveils Space Exploration Technology Roadmap to propel the nation's space sector
UK Space Agency unveils a 10-year Space Exploration Technology Roadmap to strengthen collaboration with international partners, boost commercialization, and advance space capabilities.
Elon Musk says xAI will use Twitter, Tesla data to train AI systems
Elon Musk claims his recently launched AI company xAI will be more trustworthy than its biggest rivals OpenAI and Google.
'No way out': Ukraine farmers lament collapse of grain deal
Vitaliy Bylenko looked ruefully at the mountains of grain in his barn, contemplating the growing obstacles to shifting the stockpiles after Russia this week exited a deal allowing Black Sea exports.
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.
UK mid-market sees India as key growth opportunity amid ongoing FTA negotiations
Grant Thornton UK LLP's Business Outlook Tracker reveals that India is a growth opportunity for the UK mid-market as discussions for a UK-India FTA continue.
Markets mostly rise on rate hopes but China fears weigh
Markets mostly rose Thursday on signs that more than a year of interest rate hikes around the world was subduing inflation, giving central banks room to take a softer approach to monetary policy.
Build-to-Rent sector in the UK shows resilience despite economic uncertainty
The British Property Federation reports that despite market challenges, the number of completed Build-to-Rent homes in the UK has increased, highlighting the sector's resilience.
UK officially joins CPTPP trade group, opening doors to new opportunities
UK formally joins CPTPP trade group, opening doors to new opportunities for British businesses with reduced tariffs and increased investment.
Global stocks mixed after weak China data
Lackluster Chinese economic data weighed on equity markets in Europe and Asia Monday, while Wall Street stocks extended an upward swing ahead of major earnings.
Retail warehousing vacancy rates in the UK continue to decline
The UK retail warehousing sector is witnessing a decline in vacancy rates as retailers capitalise on the availability of second-hand items resulting from administrations and CVAs.
US arrests former head of bankrupt crypto platform Celsius
US prosecutors arrested the former head of Celsius Network on fraud charges on Thursday, a year after the cryptocurrency platform filed for bankruptcy protection while owing investors $4.7 billion.