Showing 1 - 10 of 1,707
Britain signs treaty to join trans-Pacific trade pact
Published on 16/07/2023
» AUCKLAND, New Zealand: Britain on Sunday formally signed the treaty to join a major trans-Pacific trade pact, becoming the first new country to take part since its inception in 2018 and opening the way for members to consider other applications including from China and Taiwan.
UK water crisis pollutes privatisation legacy
AFP, Published on 11/07/2023
» LONDON: 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.
China leads race to become world's top cashless society, says British expert
Published on 06/07/2023
» LONDON: China is on track to becoming the world's top country for cash-free transactions, Kent Matthews, professor of banking and finance at Cardiff University told Xinhua recently in an exclusive interview.
Bank of England delivers big rate hike
Published on 22/06/2023
» LONDON: The Bank of England (BoE) rattled markets by raising interest rates by half a percentage point — twice the amount expected — on Thursday, after it said there had been “significant” news suggesting British inflation would take longer to fall.
OECD lifts world GDP growth forecast to 2.7%
AFP, Published on 07/06/2023
» PARIS: The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped Covid restrictions, but it warned the recovery faces a "long road".
Airlines bask in sky-high fares while airports stay stuck
Published on 04/06/2023
» Soaring ticket prices are lining the pockets of the world’s biggest airlines, providing balm to the economic wounds suffered during the travel lockdowns of Covid-19. But as the industry takes off, airports say they’ve been forgotten at the gate.
Lawsuits pile up over Credit Suisse bonds write-down
AFP, Published on 24/05/2023
» ZURICH: Switzerland's justice authorities said Tuesday that 230 complaints had been filed over a decision by financial regulators to cut the value of high-risk Credit Suisse bonds to zero, to facilitate the stricken bank's takeover by UBS.
'Worst is over', Citi official says as bank looks to increase staff in Hong Kong
South China Morning Post, Published on 02/05/2023
» Citigroup, the biggest foreign lender in Hong Kong, will increase staff at its commercial banking unit in the city by 100 to tap growing opportunities in the Greater Bay Area, according to a senior executive.
BP faces angry shareholders over climate plans
AFP, Published on 27/04/2023
» LONDON: Energy giant BP on Thursday faces a shareholder revolt over its decision to slow its energy transition, with activist investors promising to block the re-election of the head of the board of directors.
Musk admits ‘many mistakes’ at Twitter
Published on 12/04/2023
» SAN FRANCISCO: Twitter boss Elon Musk said running the social media network has been “quite a rollercoaster” and acknowledged “many mistakes” along the way, six months after he bought the company for $44 billion.