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The US economy is booming — but Japan and the UK just slipped into recession. Here's why.
The economies in both Japan and the UK contracted in the last three months of 2023, signaling a rec…
George Glover
Taylor Swift fans say you can't put a price on the memories as The Eras Tour hits the UK, injecting a potential $1.2 billion into the economy
With The Eras Tour set to light up Liverpool, Cardiff, and London, Taylor Swift's presence is expec…
Eve Crosbie
SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities
According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…
ANI
The Jewish settlers 'living the American dream' in the West Bank
US-born settlers are "overrepresented" in the occupied West Bank, which has seen a surge of violenc…
Rebecca Rommen
Silicon Valley Bank's UK unit has been sold to HSBC for $1.21
The UK government and the Bank of England facilitated the private sale, UK Chancellor Jeremy Hunt s…
Huileng Tan
Russia may have to raise taxes to meet the spiraling cost of invading Ukraine: UK intel
The Kremlin will likely have to hike taxes and reduce spending to compensate for the high spending …
Thibault Spirlet
Ashok Vaswani is new CEO of Kotak Mahindra Bank
In what is a generational shift, Kotak Mahindra Bank on Saturday said that Ashok Vaswani would st…
Bank of England warns of longest recession in 100 yrs
A 0.75 per cent increase, the latest in a series of eight interest rate rises since last year, w…
FDI inflows likely to rise in 2024 as India remains 'preferred investment destination
Foreign direct investments into India is likely to gather momentum in 2024 as healthy macroecono…
PTI
Russia appears helpless to stop drone attacks by Ukraine forces on the Dnipro River, UK intel says
Russia's inability to counter Ukraine's drone attacks is likely due to a lack of electronic warfare…
Alia Shoaib
The Bank of England is ramping up its daily bond purchases and boosting liquidity to banks after the UK's bond-market meltdown
The UK's central bank plans to buy more long-dated government bonds this week, and make liquidity m…
Theron Mohamed
Bank of England hikes interest rates to 13-year high, with inflation set to hit 11%
Like other central banks around the world, the Bank of England is grappling with red-hot inflation …
Harry Robertson
The Bank of England hikes interest rates to 1%, the highest level since 2009
The UK's central bank, grappling with rapidly rising inflation, on Thursday raised its main interes…
Harry Robertson
Free trade talks in final phase with Diwali deadline in sight, says London Lord Mayor
The free trade agreement (FTA) talks between India and the UK are now in their final phase and desp…
PTI
The CEO who believes that there’s a lot more to digitise at banks
the new CEO of Kotak Mahindra Bank Ashok Vaswani thinks that a lot more technology can be deployed …
UK household wealth has tanked and it's a sign of what could happen in the US
UK's household wealth fell as much as 26% in some areas due to rising interest rates, with regions …
Cork Gaines
India, UK explore possibility of bonds, shares listing at GIFT City, LSE
Finance Minister Nirmala Sitharaman on Monday said India and the UK are exploring the possibility o…
PTI
Global stocks rise as Netflix earnings boost confidence and energy fears cool
A more upbeat mood took hold of investors on Tuesday and Wednesday after Netflix posted better-than…
Harry Robertson
World Bank praises India's digital infrastructure for its transformative potential
"The India stack exemplifies this approach, combining digital ID, interoperable payments, a dig…
PTI
Dow jumps 548 points as the Bank of England's intervention calms market panic over the UK's budget plans
US and UK bond yields dropped after the Bank of England said it will buy £65 billion pounds ($71 bi…