The Pound Sterling loses some ground against the US Dollar, down by 0.48%, as risk appetite in the foreign exchange markets deteriorates, with the Greenback reclaiming key technical levels in the US Dollar Index (DXY) a…
Lindt has partially U-turned on its decision to hike prices after Easter chocolate sales dropped.
On the frequent occasions that John Healey would travel abroad as defence secretary, he was so determined to keep working he would get the crew to tether a desk to the inside of his military aircraft so he could read hi…
BNY’s Geoff Yu explains that new 50% U.S. tariffs on selected Canadian goods are a direct trade shock, with Washington citing unfair treatment of US exports and ruling out United States-Mexico-Canada Agreement (USMCA) e…
The maker of Wegovy and Ozempic, Novo Nordisk, has launched legal action accusing its arch rival Eli Lilly of false advertising in suggesting its weight-loss drugs perform better.
Andy Burnham has made lowering the cost of living his first major policy announcement in government, with an immediate tax cut to remove VAT on energy bills.
USD/CAD trades just above the 1.4100 handle into the North American afternoon, up around a fifth of one percent and on track for a second consecutive daily advance. The recovery follows the July slide from the year's hi…
Commerzbank’s Moses Lim and Dr. Henry Hao note that Singapore’s June non-oil domestic exports (NODX) growth moderated to 20.7% year-on-year but remained strong, with electronics exports surging on AI-related semiconduct…
France’s parliament has approved a bill banning social media access for children under 15, making it the first EU country to bar children from apps such as TikTok.
Warning to shipping companies, on top of Iran’s chokehold on strait of Hormuz, may severely affect Saudi oil exports
The Executive Board of the European Central Bank (ECB) has appointed Boris Kisselevsky, currently Head of the ECB Representative Office in the House of the Euro in Brussels, as Director General Secretariat. Mr Kisselevs…
West Texas Intermediate (WTI) trades around $84.40 at the time of writing on Tuesday, up 2.6% on the day, as concerns over global Oil supplies continue to support prices despite hopes for a diplomatic de-escalation in t…
Silver price (XAG/USD) surges over 4.50% on Tuesday, reaching five-day highs, clearing $59.00 as buyers push the white metal to test a downslope resistance trendline near the $59.65/$50.75 range, about to surpass the $6…
Such technology solves problem of longer, thinner, energy-saving wings not fitting in airports around the world
Giant heat pumps, electric vehicles, and new fuel efficient planes are being ordered by an airport introducing major changes to cut its carbon emissions.
Societe Generale strategists note that softer June inflation in Canada has stalled the Canadian Dollar’s (CAD) rebound from 1.4250 toward 1.40 against the US Dollar (USD). Failure to reclaim the 50-day moving average ar…
Standard Chartered Bank economist Saurav Anand highlights rising inflation risks for India as deficient monsoon rains and persistent El Niño threaten food output. The report notes sowing is down and reservoir levels are…
More than 100 jobs could be at risk after British Sugar announced plans to shut one of its four factories.
Gold price surges on Tuesday during the North American session, up by more than 1.50% amid continued missile strikes between the US and Iran despite mediators' efforts to end the war. The XAU/USD trades at $4,071
An incident on a Ryanair flight which saw a passenger partially sucked out of a plane window may have been caused by "foreign object damage" to an engine, said the airline's boss.
ING’s Francesco Pesole notes that Gilts and the Pound saw turbulence as new UK Prime Minister Andy Burnham signalled flexibility on fiscal rules and appointed John Healey as Chancellor. Sterling’s initial reaction was l…
Microsoft first started opening up access to Claude Code in December, inviting thousands of its own developers to use Anthropic’s AI coding tool daily. It was part of an effort to get project managers, designers, and ot…
The government borrowed slightly less than expected in June, according to figures published as new Prime Minister Andy Burnham began setting out measures to cut living costs for households.
Ozempic maker Novo Nordisk said on Tuesday it is suing arch US rival Eli Lilly over “false and materially misleading” adverts for its competing weight-loss and anti-diabetes treatments.