English

Indrabati Lahiri

Economy

French inflation falls to two and a half year low as food prices slow

Falling services and energy inflation also contributed to March’s reduced inflation print.

Economy

Ireland reveals fuel and broadband price increases from April

Ireland launched a phased plan last year to bring excise rates back to the levels they were at before the Russia-Ukraine war.

Business

Thames Water in danger of sinking as investors refuse to pay up

Thames Water could potentially be nationalised, as the company sinks deeper into debt and investors describe it as "uninvestable".

Economy

UK’s technical recession raises doubts about Sunak’s economic claims

The UK slid into a technical recession at the end of 2023 because of increased inflation and soaring interest rates.

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Markets

Cocoa prices rise to fresh records: Will we run out of chocolate?

Cocoa prices have been steadily rising due to poor harvests, as a result of extreme weather in important cocoa-producing countries in West Africa.

Business

Diageo price hike fails to bring cheer to pub landlords

The price hikes will mainly hit the Rockshore, Guinness, Hop House 13 and Carlsberg brands.

Economy

How could Baltimore's bridge collapse impact global supply chains?

Baltimore’s bridge accident could lead to automobile supply chain delays for several companies including Nissan, Ford and Jaguar Land Rover, among others.

Business

Novo Nordisk looks to expand into heart disease treatment

The Novo Nordisk deal is due to be wrapped up in the second quarter of this year. It will help to establish the maker of Wegovy and Ozempic in the cardiovascular treatment market.

Economy

EU banks under attack over funds to ecosystem wreckers

Banks including Santander, BNP Paribas and Deutsche Bank are among the financial institutions accused of funding companies destroying ecosystems.

Business

Nationwide apologises to customers as tech glitch delays payments

Nationwide is one of the latest to see IT glitches, following the likes of Sainsbury’s, McDonald’s, Greggs and Tesco, amongst others.

Economy

Where in Europe do you pay the lowest capital gains tax?

Capital gains tax goes from 0% to 42% depending on which country houses the investment in Europe.

Business

Hermès lands in hot water over Birkin bag sales antitrust class action

Hermès has been slammed for allegedly coercing clients to buy other products, to hopefully get a chance to buy the famed Birkin bag.

Markets

Bitcoin tops $67,000 as US Federal Reserve keeps rates steady

Bitcoin has seen increased interest over the past few months, following the approval of bitcoin exchange-traded funds earlier this year.

Business

Samsung shares rise on hopes of Nvidia using its new-gen memory chips

Samsung could be joining the likes of SK Hynix, the world’s second biggest memory chip producer, as one of Nvidia’s suppliers.

Economy

Germany's commercial real estate plunge could be a threat for banks

Germany's commercial real estate crisis could mean trouble for the country's banks due to their high exposure to the sector.

Business

Baby food makers set to fend off swathes of lawsuits

Reckitt has said that baby formula manufacturers have faced several complaints in general, and it is not possible to tell which one of these relate solely to its own baby food arm.

Economy

The art of the deal: How side hustles help keep Gen Zers afloat

As the cost of living keeps rising, Gen Zers are increasingly turning to side hustles to pay essential bills.

Business

Adobe shares plunge on downbeat forecast and competition worries

Despite a robust fiscal year 2024 first quarter, the company anticipates a downturn in the second quarter as competition from other artificial intelligence companies grows.

Economy

China's semiconductor production challenges could be a boon for Europe

Ageing technology and COVID-19 belt tightening are some of the challenges faced by China in its race to achieve semiconductor independency.

Economy

Ukraine slashes interest rates to 14.5%, Finnish inflation slides

Sweden and Spain also saw slowing inflation, helped by food and non-alcoholic beverage prices falling, as well as clothing and footwear prices.

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