Chinese Vice-Premier He Lifeng will represent Beijing in the latest round of trade consultations with the United States, scheduled to take place in France. The negotiations, running from Saturday to …
Spain’s wealthiest man, Amancio Ortega, is set to collect a record €3.23bn dividend from his fashion empire, much of which is expected to flow directly into global real estate. Ortega …
The UK’s economic recovery hit a wall in January, as official data showed a total lack of growth following a month of intense geopolitical and fiscal uncertainty. The 0% GDP …
HSBC has posted annual pre-tax profits of $29.9bn, outperforming market expectations despite significant write-downs in its Chinese operations. The bank’s performance has paved the way for a $3.9bn bonus pool, …
The US Treasury has opened a narrow 30-day window for the purchase of Russian oil currently on the water to prevent a global supply catastrophe. This emergency measure is a …
The Federal Reserve’s battle against inflation has been complicated by the sudden outbreak of war, which occurred just as February’s inflation data showed a steady 2.4% annual rate. While core …
The British utility landscape is set for a shake-up following Ofgem’s decision to grant Tesla a formal electricity supply licence. This approval empowers the company to sell electricity directly to …
Staff at the UK’s largest employee-owned retailer are set to receive their first bonus in four years, ending a long drought for the partnership’s workforce. The 2% payout follows a …
Shipping lanes in the Middle East have turned into a theater of war, pushing international oil benchmarks back into triple digits this Thursday. Iranian forces have reportedly struck multiple merchant …
Hopes for a reprieve from high borrowing costs have been dampened by the economic fallout from the escalating US-Israel-Iran conflict. The OBR has cautioned that the resulting energy price shock …