Politics
In 2024, the buy-now-pay-later company Klarna announced that it would cut hundreds of customer service roles and begin using an artificial intelligence chatbot instead. The move was expected to save the company millions…
Politics
The City watchdog has closed an investigation into the power generator Drax after an almost 10-month review into the sourcing of wood pellets for its biomass station.
Politics
Tesco’s UK sales growth has more than halved as it said the conflict in the Middle East had created “ongoing uncertainty for many households”.
Politics
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.
Politics
Property sales in Dubai have fallen “off a cliff”, a leading market watcher has said, after war in the Middle East forced a dramatic slowdown in one of the world’s most expensive real estate markets.
Politics
The Federal Open Market Committee approved the following statement for release by a 12 â 0 vote:
Politics
The Federal Reserve held US interest rates between 3.5% and 3.75% after Kevin Warsh's first meeting in charge of the central bank.
Politics
The June FOMC Minutes reinforced the Fed’s cautious approach as policymakers unanimously agreed to maintain interest rates unchanged while keeping a close eye on inflation risks.
Politics
The US Federal Reserve left interest rates unchanged for the fourth time this year after its first meeting under new chair, Kevin Warsh, a Donald Trump appointee who has taken over the central bank during a tumultuous t…
Politics
Membership of the European single market was at stake when the UK voted on Brexit, but it was not the decisive question in the campaign. The leave campaign dishonestly promised a cost-free severance of ties with Britain…
Politics
When 200,000 protesters gathered to meet the G8 summit in Genoa , 25 years ago, their point (our point, in fact; I went on a coach, it took two and a half days) was that eight rich nations shouldn’t dictate the rules to…
Politics
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Politics
Hyundai will be targeted by protesters at a rally before the Group A game between Mexico and South Korea in Guadalajara on Thursday, due to the World Cup sponsor’s business dealings with the South American mining compan…
Politics
Ivan Rogers, Britain’s EU ambassador from 2013 to 2017, says party’s ideas did not ‘remotely measure up’ to challenge
Politics
Inflation in the UK was 2.8% in the year to May, according to new figures from the Office for National Statistics.
Politics
Brands are expected to cut more than £1bn of digital advertising spending due to the UK’s ban on social media for under-16s, with streaming services tipped to benefit as advertisers try to reach large audiences of teena…
Politics
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Politics
The rules have changed and more taxpayers are being pulled into the net, not only the wealthy
Politics
He is known as the “wolf in cashmere” – the owner of the world’s biggest luxury group whose brands including Louis Vuitton, Dior and Tiffany have made him one of the world’s richest people.
Politics
Upgrade to Buchanan Galleries part of £50m spend this year and £800m by 2029 to revive appeal of department stores
Politics
As bosses ridicule the chancellor’s scheme, one venue is offering a £25 ‘kids’ menu of snails and anchovy butter toast
Politics
The European parliament has given its final approval to implement last July’s tariff agreement with Donald Trump.
Politics
At last, Emma Reynolds, the environment secretary, has opined on the future of Thames Water. So what’s it to be? A takeover by the company’s creditors? Special administration, which would allow anyone to pitch up with a…
Politics
The struggling Pizza Hut restaurant chain will be sold for $2.7bn by parent company Yum Brands.