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UK ECONOMY CONTRACTION
Dollar steadies, set for weekly loss on US-Iran deal talksThe dollar steadied but eyed a weekly loss as Middle East peace talks and SpaceX's massive IPO dominated market attention. The euro edged h...- European shares rally as Middle East peace hopes drag oil prices lowerEuropean shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-Europe...
- UK economy shrinks in April as Middle East war hitsBritain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister K...
- Global Market | European stocks rally as oil falls on hopes for US-Iran dealThe benchmark snapped a four-day losing streak on Thursday, as investors digested the European Central Bank's rate hike and largely looked...
- Global Market: Iran war sparks bond market turmoil as yields swing wildly in MayGlobal bond markets saw significant turbulence in May. Geopolitical tensions and inflation worries caused government borrowing costs to sur...
- Gold slips on stronger dollar, oil; Trump's decision on Iran ceasefire in focusGold prices dipped slightly as a stronger dollar and rising oil prices weighed on the market. Investors are closely watching President Trum...
- WeWork CEO John Santora's warning to senior leaders on Gen Z: 'AI is not going to provide empathy, leadership, and mentoring.'Young professionals face a tough job market, with AI's rise causing anxiety. However, experts suggest this is a cyclical shift, not an AI-d...
- Charting the Global Economy: Factory activity sags on inflationGlobal economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crun...
- War weighs on global growth with price worries intensifyingGlobal economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors...
- US 30-year yield hits highest since 2007 on inflation angstUS Treasury's 30-year bond yields surged to nearly two-decade highs as accelerating inflation concerns and rising energy prices fueled a gl...
- Charting the global economy: Inflation mounts as war drags onThe Iran war is causing global economic disruption. Inflation is rising, impacting consumers and markets worldwide. The US sees its worst i...
- Global Market Today: Asian stocks rise after AI rally spurs US gaugesAsian stocks climbed, mirroring Wall Street's record highs driven by the AI trade and robust US consumer resilience. Japan, South Korea, an...
- UK to spend $1.35 billion on new howitzers for the British ArmyBritain will spend one billion pounds on seventy-two remote-controlled howitzers. This purchase modernizes the army and fills a war-fightin...
- AI can't steal your job! A China twist can avert AI jobs apocalypseA Hangzhou court has set a precedent, ruling that companies cannot use AI automation as a blanket justification for firing workers. The dec...
- Italian Defence Minister Crosetto’s bilateral visit strengthens the Indo-MediterraneanRising conflicts in the Indo-Mediterranean, especially after the October 7 attack on Israel and disruptions like the Strait of Hormuz closu...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%It is not every day that you see crude oil prices moving higher and the Asian markets, including India, also inching higher. Now, as an inv...
- Charting the global economy: Euro area business activity sagsEuro area business activity contracted as the services sector weakened due to the Middle East war, while US retail sales surged, indicating...
- UK economy contracts unexpectedly in January by 0.1%Britain's economy unexpectedly contracted by 0.1% in January compared to December, according to data released by the Office for National St...
- UK economy contracts by 0.1% in May: ONSEconomic output fell 0.1% in May from April, the ONS said. A Reuters poll of economists had pointed to a contraction of 0.3% from April.
- Risk of recession increases as UK economy unexpectedly contractsExperts predict the UK will go into recession as its economy shrank unexpectedly in August. Official figures suggest the drop of 0.3 per ce...
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