Pound jumps as Fed poised to halt interest rate rises – latest updates

[ad_1] The UK economy grew by 0.2pc in April, according to data from the Office for National Statistics. It follows a contraction of 0.3pc in March, with gross domestic product…

Chip giant backed by France circles Newport Wafer Fab as bidding war looms

[ad_1] Nexperia is seeking to overturn the order to sell the plant, with a judicial review scheduled for the autumn. Government officials are understood to have previously discussed providing taxpayer…

Why Macron’s France is headed for the Brussels bail-out club

[ad_1] The anger has since dissipated, even turning into acceptance in some quarters.  Perhaps reflecting a French attitude to work and protest, Michel Moulbach, a building worker in the northeastern…

Lockdown benefits ‘a drop in the bucket compared to the costs’, landmark study finds

[ad_1] The new study on the impact of lockdowns is published in a report by the Institute of Economic Affairs out on Monday. Across Europe, countries which embarked on lockdowns…

Saudi Arabia slashes oil production and threatens to do ‘whatever is necessary’ to boost prices

[ad_1] Saudi Arabia has announced plans to cut its oil production by 1 million barrels per day (bpd) as the Kingdom pledged to do “whatever is necessary” to prop up sagging…

THG braced for shareholder revolt over ‘unjustified’ salary for new finance chief

[ad_1] The company’s valuation has sunk from around £6.5bn in September 2020 to £813m currently. The slide has coincided with a wider downturn for tech stocks in 2022 and came…

How Putin’s war turned an economic conference into an alliance against the West

[ad_1] “We have the G7 and then the BRICS is a sort of G7 for the emerging world, and as time is passing there is some kind of standoff, which…

Sunak to stay at ‘world’s most exclusive hotel’ as Biden rolls out the red carpet

[ad_1] Rishi Sunak will stay at the palatial US residence known as The President’s Guest House on his visit to Washington next week, as the White House seeks to roll…

FTSE 100 leads global market surge amid renewed hopes for US economy – latest updates

[ad_1] Rapid advances in artificial intelligence will “create more losers than winners” despite a recent rally on stock markets, according to one of the largest backers of chip giant Nvidia.…

Poland will be wealthier than Britain by 2030 – it’s time we took notice

[ad_1] Such echoes of a past military strongman naturally alarm the liberal opposition, led by Donald Tusk, the former European Council President. Tusk and his Civic Platform party regard Law…