UK Firms Expect Slower Price and Wage Increases, Boosting Bank of England Inflation Outlook
LONDON: British businesses expect to raise prices and wages at a slower pace over the coming year, according to the…
Business
Brazil Rejects U.S. Forced Labor Tariffs as ‘Arbitrary’ and Plans WTO Challenge
BRASILIA: Brazil has strongly criticized new U.S. tariffs imposed on its exports over alleged failures to combat forced labor, describing…
Trump Imposes 50% Tariffs on Canadian Goods, Escalating U.S.-Canada Trade Dispute
WASHINGTON: U.S. President Donald Trump has announced sweeping 50% tariffs on most Canadian imports, accusing Canada of unfair trade practices…
UK Wage Growth Holds Steady as Bank of England Monitors Inflation Risks
LONDON: Wage growth in the United Kingdom remained unchanged in the three months to May, according to official data released…
The Politics Behind ‘Freedom Fuel’—How Cheap Gas Became a Campaign Message
The emergence of the Freedom Fuel Network, a chain of gas stations offering gasoline at $3.47 per gallon and publicly…
Brent Crude Surges Above $90 as Escalating US-Iran Conflict Raises Global Supply Concerns
SINGAPORE: Global oil prices climbed sharply on Monday, with Brent crude futures rising above $90 per barrel for the first…
China’s Jingye Group Seeks Compensation After UK Nationalizes British Steel
BEIJING: China’s Jingye Group has demanded compensation from the British government following the nationalization of British Steel, arguing that the…
UK Government Nationalises British Steel to Safeguard Domestic Steel Production
LONDON: The British government has formally taken British Steel into public ownership, completing the nationalisation of the country’s second-largest steelmaker…
OECD Urges UK Labour to Abandon Triple Lock Pension Policy to Ease Fiscal Pressures
LONDON: The Organisation for Economic Co-operation and Development (OECD) has urged the UK Labour government to abandon its commitment to…
Pakistan Stocks Plunge as Iran-US Tensions Trigger Sharp Sell-Off
KARACHI: Pakistan’s stock market witnessed another day of heavy selling on Tuesday as escalating tensions between Iran and the United…