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02 Sep

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Country Garden: Debt-laden China property giant in record loss

September 2, 2023
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Country Garden, one of China's biggest property developers, has become the latest real estate giant to warn that it could default on it...

29 Aug

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Chevron: Workers at major Australia gas facilities to strike

August 29, 2023
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Workers at two large liquefied natural gas (LNG) plants in Australia are set to go on strike from 7 September, in a move that could dri...

28 Aug

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Gas prices fall as fears over Australian strike recede

August 28, 2023
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Wholesale gas prices in Europe have fallen after a planned strike at Australia's largest liquefied natural gas plant looked to have bee...

28 Aug

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US faces more interest rate rises to cool inflation

August 28, 2023
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The US Federal Reserve chairman has said the central bank will continue to raise interest rates "if appropriate" as inflation remains "...

18 Aug

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Inflation slows to 6.8% but flights and hotels keep prices high

August 18, 2023
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Inflation slowed last month due to lower energy costs but pressure remains on households with food, restaurant and hotel costs staying ...

17 Aug

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Cash, cars and homes seized in $735m Singapore anti-money laundering raids

August 17, 2023
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Singapore police have seized about S$1bn ($735m; £578m) - including luxury homes, cars and watches - in one of its biggest anti-money l...

15 Aug

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Biden urges UAW and Big Three automakers to reach deal to avoid strike

August 15, 2023
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President Joe Biden sought to ramp up pressure on the United Auto Workers union and the nation’s three unionized automakers – Ford, Gen...

15 Aug

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UK wages grow at record rate

August 15, 2023
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Wages grew at a record annual pace between April and June, according to new figures from the Office for National Statistics. Regular p...

10 Aug

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Italian banks hit with surprise windfall tax

August 10, 2023
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Italy has passed a one-off 40% tax on the profits banks earn from higher interest rates, in a shock move that has seen shares plummet. ...

09 Aug

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Deflation: Why falling prices in China raise concerns

August 9, 2023
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China's economy has slipped into deflation as consumer prices declined in July for the first time in more than two years. The official...