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JPMorgan CEO Jamie Dimon Warns UK Government Against Higher Bank Taxes
LONDON: JPMorgan Chase Chief Executive Jamie Dimon has warned British Prime Minister Andy Burnham and Chancellor John Healey against increasing…
UK Government Plans Major Cut in Paperwork for Small Businesses
LONDON: The UK government is preparing to reduce the amount of paperwork required from small businesses as part of plans…
Uber and Wayve Launch London’s First Robotaxi Service
LONDON: Uber has launched its first autonomous ride-hailing service in London using artificial intelligence technology developed by British self-driving startup…
Global Bond Sell-Off Deepens as Japan’s 10-Year Yield Hits 3% for First Time Since 1996
TOKYO — A sell-off in global bond markets intensified on Tuesday, with Japan’s benchmark 10-year government bond yield reaching 3%…
Sterling Weakens as Markets Scale Back Bank of England Rate Hike Bets
LONDON: The British pound slipped to a one-week low against the U.S. dollar and the euro on Thursday as investors…
Markets Push Bank of England Rate Hike Expectations into 2027
LONDON: Financial markets have pushed expectations for the next Bank of England (BoE) interest rate increase into 2027, reflecting growing…
US-Canada Trade War Escalates, but Analysts See Possible Path to Compromise
WASHINGTON: The United States and Canada have moved deeper into a trade conflict after imposing steep tariffs on each other’s…
China’s Property Crisis Deepens Despite Evergrande Founder’s Life Sentence
BEIJING — China’s prolonged property crisis continues to weigh heavily on the world’s second-largest economy, despite the recent life imprisonment…
US Pacific Territories Oppose Trump Administration’s Deep-Sea Mining Plans
WASHINGTON — A US government proposal to lease millions of hectares of seabed in the Pacific for deep-sea mineral exploration…
Canada to Impose Retaliatory Tariffs on US Goods from September 8: Carney
OTTAWA: Canadian Prime Minister Mark Carney has announced that Canada will impose retaliatory tariffs on a range of U.S. goods…