English

Indrabati Lahiri

Business

Tesla recalls millions of cars over warning light glitch

Tesla has been forced to recall some 2.2 million cars in the US, because of its warning lights' font sizes not being correct.

Economy

Why is Spain struggling with increasing unemployment?

Spain’s unemployment inched up by 2.2% (60,404 people) in January as the country continues to deal with lower productivity.

Economy

Inflation has slowed in the Eurozone in January

Energy prices dropped in January, helping keep inflation down in the bloc.

Business

HSBC hit with £57 million fine for not protecting deposits

HSBC neglected to adequately protect customer deposits from around 2015 to 2022, leading to the PRA issuing its second largest fine ever.

ADVERTISEMENT

Markets

Flutter starts trading on NYSE: Will it stick with London too?

As Flutter moves over to the US, there's questions over whether the company will now end its London listing.

Economy

Middle East tensions fuel chances of oil price surge

Following a drone attack on a US airbase in Jordan, the Middle Eastern conflict could get worse. US President Joe Biden says his country "will hold all those responsible to account at a time and in a manner of our choosing".

Markets

Markets’ week ahead: European stocks slip ahead of Fed rate reveal

The US Federal Reserve is expected to announce its interest rate decision on Wednesday, with speculations of a rate cut increasingly losing steam.

Economy

Weekly markets wrap: S&P 500 hits new records, luxury stocks soar

European markets benefited from spillover sentiment from US equities this week, as well as upbeat economic data.

Markets

Will entertainment stocks be a hit in 2024?

Entertainment stocks, such as Paramount Global, had a weak performance in 2023 - although this year could prove different as streaming and gaming sectors continue to evolve.

Economy

Turkey’s central bank hikes key interest rate to 45% to curb inflation

This hike is the latest move to control soaring inflation, which has left several households unable to afford basic necessities.

Economy

Cash set to make a comeback for Irish businesses

The policy is part of new legislation from Irish politicians to ensure the public has access to cash so that no shopper is "left behind".

Business

How some investors are gaining by betting on Trump’s success

Two stocks associated with Donald Trump surged as the former US president strengthens market sentiment on his 2024 comeback.

Economy

Here's why businesses in Turkey are more optimistic about inflation

Following months of sky-high inflation, Turkey’s January Business Confidence report points towards a slowly improving situation.

Economy

European industry activity slows ahead of ECB decision

Several European countries reported upbeat services and manufacturing data, the last indicators ahead of the ECB's monetary policy meeting on Thursday.

Business

Primark sales shape up trading figures for Associated British Foods

Primark's market share touched a record high of 7.1% in December, despite early challenges due to an unusually warm winter.

Markets

Markets’ Week Ahead: European stocks up ahead of ECB rate decision

European shares climbed up as investors expect the ECB to keep rates steady at its monetary policy meeting this week.

Economy

Chinese manufacturing up on strong industrial production, retail lags

China's economic report for December was cautiously optimistic due to robust industrial production performance, but retail sales lagged.

Economy

UK inflation unexpectedly pulled up by clothes, alcohol and tobacco

Clothing and footwear prices, as well as furniture and household goods prices drove UK inflation up in December 2023.

Markets

Apple overtakes Samsung to gain world’s largest smartphone-maker crown

Apple has long led the smartphone market by revenue and profits; it has now overtaken Samsung to become the world leader by volume.

Economy

Most economists fear more global fragmentation likely in 2024

About 56% of global chief economists feel that the world is likely to see increased economic weakness in the coming year, whereas seven out of 10 believe there will be more rifts.

ADVERTISEMENT