Section
Business
$40 trillion US debt: Gray rhino and black swan
The yield on the 10-year U.S. Treasury note exceeded 5 percent in late 2026, signaling rising borrowing costs amid the nation’s $40 trillion debt burden.…
Royal Mail must get serious and scrap next-day delivery
Royal Mail will limit second-class letter deliveries to alternate days and stop Saturday deliveries as part of cost-cutting measures that include cutting around 2,500 jobs.…
PAs told to report bosses working at home
Rahman Ravelli, a London law firm specializing in white-collar crime, has instructed secretarial staff to closely monitor lawyers’ actual office attendance to enforce in-person work…
‘Most hated’ courier? Evri boss insists service is improving
Evri, a major UK parcel delivery firm processing over one billion shipments annually, continues to face substantial customer dissatisfaction despite its rapid growth and CEO…
The family jeweller that has not lost its sparkle
Boodles, the British family-owned jeweller, reported an 18 percent sales increase to £147 million and £23 million in pre-tax profits for the year ending February…
Fortnum & Mason spreads its wings with Heathrow expansion
Fortnum & Mason is opening a new store in Terminal 2 and a bar in Terminal 3 at London Heathrow Airport next month, expanding beyond…
Weight-loss jabs 'will end alcohol deals'
The increasing popularity of weight-loss drugs like Moujnaro and Wegovy is driving a notable decline in alcohol consumption, causing supermarkets to reduce shelf space and…
Next stop, Paris: Firm plots rail route from Manchester
Grand Central plans to apply for a new rail service linking Manchester with Paris via London St Pancras, aiming to offer a direct connection to…
Car loan scandal drives Renault unit off course
Renault’s RCI Financial Services reported a pre-tax loss of £110.4 million for 2024, its first annual loss in 26 years, primarily due to increased compensation…
Streeting urged to turbocharge plans for ‘hybrid navy’ ships
Defence Secretary Wes Streeting is being urged to bypass competitive bidding and directly award contracts for the Royal Navy’s command vessels by adapting the Type…
Direct Line tycoon: I've left Britain for Florida
Sir Peter Wood, founder of Esure and Direct Line, has moved his tax residence from the UK to Florida, citing personal and business ties to…
Laser tech specialist plans Aim float
TEK4, a laser technology manufacturer specializing in precision machinery for turbine blade production, is set to list on the London Stock Exchange’s AIM market on…
When things go wrong, put blame on best intentions
Joe & Seph’s Gourmet Popcorn has faced significant operational delays and increased workload due to prolonged local roadworks, Brexit-related regulations, and supply chain disruptions. These…
New research highlights beauty and personal care sector's economic impact
The UK’s beauty and personal care industry contributed £28.3 billion to the economy in 2025, supporting nearly 600,000 jobs and surpassing other leisure sectors in…
Carney warns PM over Thames Water
Canada has warned the UK government against nationalising Thames Water without adequate compensation, citing potential losses to Canadian investors and risks to the investment climate.…
Nissan warned Burnham about net zero risks
Nissan warned the incoming UK government that delays or changes to the net zero emissions targets could jeopardize its £2 billion investment in electric vehicle…
Road map set for ramping up development
China’s Communist Party and State Council unveiled a detailed plan to accelerate innovation and industrial upgrading to drive high-quality economic growth, with a focus on…
China-EU talks push to keep trade ties stable
China and the European Union agreed on a 16-point framework during high-level talks in Beijing to address trade and investment issues through dialogue and cooperation.…
Ties: European firms seek more business
European companies are optimistic about expanding their business in China due to potential tariff reductions and recent agreements that set clear deadlines for trade commitments.…
10.5m urban jobs created in 9 months
China generated around 10.5 million urban jobs in the first nine months of 2026, achieving nearly 88% of its annual employment goal while maintaining an…
Value of Institutionalized Dialogue Proved in China-EU Trade Relations
China and the European Union reaffirmed the importance of their trade and investment consultation mechanism during recent high-level meetings, emphasizing ongoing dialogue to manage disputes…
Investment demand fuels China’s gold buying
In 2026, Chinese consumers significantly shifted their gold purchases from decorative jewelry to plain bars and coins, driving a 28 percent rise in investment demand…
Power shock signals reset for Sydney AI factory boom
Sydney’s data centre projects, valued at over A$50 billion, face major delays due to a critical shortage of electricity capacity in western Sydney, with grid…
Who Pays the Bill for Surging Power Demand?
Electricity bills for Pepco customers in Washington, D.C. rose by about $21 per month in 2025 due to increased capacity costs driven largely by the…
Warning over latest China mine raids
China’s Inner Mongolia Xingye Group has sought to gain control of two Australian exploration companies, Far East Gold and Tartana Minerals, involved in critical minerals…
Reckitt: social commerce rising star
Reckitt has achieved sustained double-digit sales growth in China by shifting its focus to social commerce, leveraging live broadcasts and short-form video content to engage…
GenesisCare taps adviser as deal pipeline builds
GenesisCare is reportedly working with Jefferies Australia to explore a sale or initial public offering, reflecting its rising valuation and strategic repositioning after recent financial…
Kalshi to probe bets on Trump secretary
Kalshi is investigating suspicious bets placed before the announcement of Katie Zacharia as Donald Trump’s new White House press secretary, which closely anticipated her unlikely…
Argentines gain a taste for Chinese car brands
Buenos Aires held its first Chinese auto show, featuring over 20 brands and attracting more than 30,000 visitors, highlighting the rapid growth of Chinese automakers…
Producers fear gas plan is a route to market paralysis
Gas producers have raised concerns that the Albanese government's proposed gas reservation scheme, which mandates exporters to supply gas volumes exceeding domestic demand by up…