The redefinition of “levelling up” by Chancellor Jeremy Hunt in his recent budget has sparked both praise and criticism, with the geographical scope of the term expanding to include areas beyond the traditional focus on northern towns and cities. Hunt’s ...
Nationwide Building Society’s proposed acquisition of Virgin Money UK for £2.9 billion marks a significant move in the banking sector, creating a formidable lending powerhouse and accelerating consolidation trends among smaller banks in the UK. Under the terms of the ...
Funding Circle, a prominent fintech firm specialising in small business lending, announced today a strategic shift in its operations aimed at curbing losses and revitalising its share value. Alongside its release of full-year results, the London-listed company unveiled plans for ...
XIAN, China — Freelance copywriter Chai Wanrou thinks marriage is an unfair institution. Like many young women in China, she is part of a growing movement that envisions a future with no husband and no children, presenting the government with ...
LONDON — British finance minister Jeremy Hunt said he plans an extra tax on vaping products from October 2026 to make the habit more expensive and deter non-smokers from taking it up. Mr. Hunt said the government would introduce a ...
TAIPEI — China has stepped up gray-zone warfare against Taiwan, aiming to make the areas around the democratic island “saturated” with balloons, drones and civilian boats, a Taiwan defense ministry report said on Thursday. Taiwan, whose government rejects Beijing’s sovereignty ...
SYDNEY – Tesla said on Thursday it is quitting Australia’s major auto lobby and resigning from its board, accusing the group of misleading consumers over the government’s proposed fuel efficiency standards and the potential impact on car prices. In a letter addressed to ...
LONDON – Ocean temperatures hit a record high in February, with the average global sea surface temperature at 21.06 degrees Celsius (69.91 degrees Fahrenheit), the EU’s Copernicus Climate Change Service (C3S) said on Thursday. February’s average sea surface temperature surpassed the previous ...
BEIJING – The US is clinging to wrong perceptions of China and has yet to fulfill its “promises” despite some progress since presidents Joe Biden and Xi Jinping met last November, China’s Foreign Minister Wang Yi said on Thursday. Speaking at a news ...
BEIJING – China’s export and import growth in the January-February period beat forecasts, suggesting global trade is turning a corner in an encouraging signal for policymakers as they try to shore up a stuttering economic recovery. China’s improved export data joins those ...