Half of the Premier League’s 20 clubs have sponsorship or advertising deals with unlicensed gambling companies that could be illegal next year under plans being developed by the government.
United Utilities has been fined nearly £1m after illegally discharging raw sewage along the Lancashire coastline and polluting seaside holiday locations including Blackpool.
The US dollar spiked to the upside on Friday after the US NFP report showed job growth in August almost tripling the consensus estimate of 56K. The dollar gains didn’t last long, though, as most of the NFP-driven moves …
TD Securities economists Oscar Munoz, Eli Nir, Gennadiy Goldberg and Molly Brooks expect August Core CPI to rise 0.19% m/m, with services driving gains and core goods offsetting. They project Core CPI at 2.3% y/y and He…
Ikea has won the right to take legal action against a Belgian far-right political party that parodied the Swedish flatpack furniture firm’s branding in its anti-immigration campaign.
The Dow Jones Industrial Average trades near 52,900, roughly 190 points lower, in the first session since Friday. Crude Oil has risen for six days running and the two-year Treasury yield sits at its highest since Januar…
TD Securities notes that the Colombian Peso (COP) has been a top high-yield performer but sees its supportive mix of tight monetary and loose fiscal policy fading. With Banco de la República’s (BanRep) hiking cycle near…
Nearly all the major mortgage lenders in the UK have announced increases in the cost of home loans in recent days.
The Pound Sterling (GBP) registers modest gains of over 0.08% on Tuesday as Bank of England (BoE) policymakers testify before the UK Treasury Select Committee, while a light economic docket in the US keeps the Greenback…
Japanese brewer Sapporo says it will move some beer production from Canada to the US after new tariffs on Canadian beer took effect on Tuesday.
EUR/USD holds above 1.1600 on Tuesday after a session that has covered 28 pips and left the pair half a pip from where it opened. European gas hit a three-year high on the same clock, and the European Central Bank (ECB)…
European banks are doing much better than they used to. Their profitability has caught up with that of US banks since the pandemic, and cost-to-income ratios in the EU are now better than in the United States. Asset qua…
Channel 4 is poised to cut about 300 jobs – about a quarter of its workforce – in the biggest round of layoffs in its 43-year history, as the broadcaster seeks to dramatically cut costs.
USD/JPY holds just below 154.50, unchanged on the day after a 153-pip round trip. The pair traded well over a Yen lower on the strongest Japanese pay data since 1997 and has bought back all of it. Nothing about the wage…
Will some banks’ AI ambitions be thwarted by their brittle and fragmented data infrastructure?
Dec 23 (Reuters) - London's FTSE 100 ended higher on Tuesday, supported by gains in shares of banks and miners amid thin trading volume ahead of the Christmas break.
Flights from airports in the UK and Ireland are being heavily disrupted by a technical problem affecting the air traffic control provider Nats.
The boss of one of the UK’s biggest chip companies has claimed AI will be able to find a cure for cancer “in our lifetime”.
Michael Pfister at Commerzbank highlights that the Mexican Peso has strengthened, with USD/MXN back below 17, helped by a weaker Dollar and Mexico’s strong performance among major currencies. He cites better-than-expect…
A newer Economic Brief has been released that updates this analysis with the April 2 tariff announcement of a global tariff plan.
Crude oil is creeping back toward the psychological $100-a-barrel mark, and the reason is hard to miss: Iran. The latest oil price surge tied to Iran’s threats against Gulf energy infrastructure accelerated this week af…
The S&P 500 is riding a historic 329-session streak of upward momentum, but major Wall Street institutions are warning that this prolonged resilience could be threatened by rising leverage and looming stagflation.
A hedge-fund billionaire and one of the UK's richest taxpayers has decided to leave the UK for Greece, the BBC understands.
The immediate catalyst for the latest sharp decline remains difficult to identify with precision, but the broader story behind the yen has changed noticeably since the middle of last week, and several forces are now pul…