Credit is at its most expensive in more than a decade, finance chiefs have said as they forecast that revenues will fall over the next year. The cost of borrowing money has reached its highest level since 2010, according to ...
Retail investors have seen their gains since the onset of the pandemic all but wiped out in the midst of a torrid year on global markets. The average private investor’s holding was up just 0.38 per cent since January 2020 ...
Cambridge Satchel Company’s founder Julie Deane has left the business after its recent sale to a French group, a deal designed to ensure that its factory in Leicester is protected. Deane, who established the brand of traditional English school bags ...
The mattress company Eve Sleep has called in administrators after succumbing to what its chief executive described as an “economic tsunami”. The company, whose share price has slumped more than 90% this year, said it had received a number of ...
Waitrose is to restore the free coffee offer it controversially removed from its loyalty card members, in an attempt to halt the supermarket’s waning fortunes as customers tighten their belts. The chain halted the offer during the early months of ...
STOCKHOLM – About 1,000 years ago, a Viking woman named Ingrid built a wharf to load ships at a bay on the Swedish coast and commemorated the site with a looping runic inscription on a grey boulder. Today Ingrid’s harbor, surrounded by birch and ...
CAIRO – OPEC+ member states lined up on Sunday to endorse the steep production cut agreed this month after the White House, stepping up a war of words with Saudi Arabia, accused Riyadh of coercing some other nations into supporting the move. The United States noted on Thursday that the cut would boost Russia’s ...
HONG KONG – In his first two terms as commander of the world’s largest military, Chinese President Xi Jinping has unleashed sweeping changes to its structure, posture and potency. Over those 10 years, China has rapidly expanded and advanced its naval and rocket forces, ...
SEOUL – South Korea‘s troops kicked off their annual Hoguk defense drills on Monday, designed to boost their ability to respond to North Korea‘s nuclear and missile threats amid simmering tension over both sides’ military activities. The drills, due to end on Saturday, are the latest in a series of military exercises by South Korea in recent weeks, including joint activities with ...
Most patients with COVID-19 who have lingering symptoms at 12 months are likely to still have symptoms at 18 months, new data suggest. The findings are drawn from a large study of 33,281 people in Scotland who tested positive for the coronavirus. Most of the results are in line ...