International
Nvidia hires major US law firm to investigate spying claims; UK chancellor ‘dismayed’ by budget leak – as it happened
Rolling coverage of the latest economic and financial news
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Business
The latest published reporting in this category.
Crypto
OKXICE Sets Tokenized Stocks Launch Following Mass Company Objections
OKX and Intercontinental Exchange’s tokenized securities platform will debut later this month with more than 70 assets, including stocks from crypto-native firms Coinbase, Circle, and Strategy, alongside dozens of exchange-traded funds. The OKXICE TSV Gears Up for Launch OKXICE, the joint venture between cryptocurrency exchange OKX and New York Stock Exchange (NYSE) owner Intercontinental Exchange […]
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Military
Labour MPs warn against weakening electric vehicle targets ahead of crunch talks
Exclusive: Cutting 2030 goal would be a ‘step backwards’, say MPs, as ministers clash over proposed reductions Labour MPs are urging the government not to weaken its electric vehicle targets as divided cabinet ministers prepare for a crunch meeting on Thursday to thrash out a compromise. Members of the climate and nature crisis caucus (CNCC) say ministers must not water down a legal requirement for carmakers to ensure that 80% of the vehicles they sell in 2030 are electric, saying doing so would be a backward step and “shortsighted”. Continue reading...
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International
Can Tehran survive a ‘zero oil’ budget, if US blockade on Iran persists?
The government is defiant and planning for the worst, but a US siege is expected to make most Iranians poorer.
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International
Aberdeen business tycoon Sir Jim Milne dies aged 85
The self-described "farmer's loon" left school at 14 but became a leading business and charity figure.
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Finance
Adjustment of Shanghai Hejing's fixed-increase growth plan: axing supplementary projects, adding 700 million to 12-inch silicon wafers, and relying on debt for 70% of the expansion funds
Equity financing is a drop in the bucket, and syndicated loans are needed for the bulk.
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International
Eswatini gives illegal foreign businesses 12 months to leave
The law follows the growth of foreign-owned businesses in rural areas.
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International
Asian shops targeted as Eswatini cracks down on illegal foreign businesses
The law follows the growth of foreign-owned businesses in rural areas.
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International
Andy Burnham says government will unveil 10-year plan by mid-December
Prime minister tells Kemi Badenoch at PMQs that flagship strategy will be revealed before Commons Christmas recess
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International
Australian supermarket honey taste test: ‘The cheapest honey is still delicious’
Nicholas Jordan and a hive mind of judges tasted 27 brands of honey and found that while the best were ‘perfumed as hell’, others were as basic as reality TV
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International
An end to RBA rate hikes will be good news finally for homebuyers – but maybe less so for workers
Capital gains tax changes seem to be working as intended on investors, though a fall in owner-occupier loans has more to do with interest rates
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Finance
Air traffic control boss says he was ‘most disliked person in the UK’ after flight chaos
Nats chief says he ‘quite enjoyed’ ignoring calls from Ryanair CEO to quit over system outages in September The boss of Nats has said he was “the most disliked person in the UK” after air traffic control systems failed twice in September, disrupting flights for hundreds of thousands of passengers. He told an aviation industry conference: “My name is Martin Rolfe, I’m the CEO of Nats – or as I like to think of myself, the most disliked person in the UK in September.” Continue reading...
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