The UK insisted unpopular tax rises were a one-off. Economists say hikes are now inevitable
U.K. Chancellor Rachel Reeves pledged last year that the government would not conduct another tax raid. She might not have any other option.
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26 days ago
The hottest ticket in Britain’s corporate calendar might surprise you
Seeds are sown, but not necessarily of the horticultural kind.
36 days ago
Millennial entrepreneur raised $2 million for a money-saving app for immigrants
Nina Mohanty, a 32-year-old fintech entrepreneur, says Bloom Money is a "fight for a more diverse formal financial system."
Spain’s unprecedented power outage sparks a blackout blame game over green energy
An abrupt and widespread blackout, one of Europe's worst in living memory, affected the entire Iberian Peninsula on April 28.
46 days ago
Oil major Shell launches $3.5 billion share buyback after first-quarter profit beat
Shell's earnings come as Big Oil's profits continue to fall from record highs in 2022.
Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts
Economists polled by Reuters had been expecting the reading to come in at 2.1% in April.
Russia's war in Ukraine 'not going to end any time soon,' JD Vance says
His comments come shortly after the U.S. and Ukraine signed a minerals deal, an agreement that Vance said showed the White House is making progress.
Ireland fines TikTok 530 million euros for sending EU user data to China
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Ireland's privacy regulator said Friday that TikTok infringed the bloc's GDPR data protection law over transfers of European user data to China.
47 days ago
U.S. and Ukraine sign landmark minerals deal after months of fraught negotiations
The minerals deal, long coveted by U.S. President Donald Trump, comes more than three years since the start of Russia's full-scale invasion of Ukraine.
Auto giants ditch financial guidance as industry reels from Trump tariff chaos
The corporate updates come shortly after Trump imposed a 25% tariff on automotive imports into the U.S. earlier in the month.