Economic news and events


UPDATE: EU to slash growth forecast but signals no sign of recession

The European Commission on Monday said it will again cut its growth forecast for this year and hike its expectations for inflation, but it signalled...

Mon, 11/07/2022 - 15:24


TOP NEWS: EU to again slash growth forecast as high inflation persists

The European Commission on Monday said it will again cut its growth forecast for this year and hike its expectations for inflation, but it signalled...

Mon, 11/07/2022 - 14:55


TOP NEWS SUMMARY: Gazprom reduces supply amid Nord Stream maintenance

The following is a summary of top news stories Monday.

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COMPANIES

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Italy's Eni said Gazprom was further reducing the supply of gas, as...

Mon, 11/07/2022 - 11:10


LONDON BRIEFING: Wizz Air posts quarterly loss amid travel disruption

Wizz Air Holdings on Monday said it expects a ‘material’ profit in the second quarter but cautioned it will trim flight utilisation over the summer...

Mon, 11/07/2022 - 08:12


TOP NEWS: Truss makes UK leader bid with pledge to reverse tax hike

UK Foreign Secretary Liz Truss has pledged to reverse the controversial national insurance hike if made Tory leader, as she insisted she can be ‘trusted...

Mon, 11/07/2022 - 05:53


TOP NEWS: Former UK Chancellor Sunak makes bid to be next Tory leader

Rishi Sunak has thrown his hat into the ring to become Tory leader with a promise to rebuild trust following the tumultuous premiership of Boris...

Fri, 08/07/2022 - 16:51


TOP NEWS SUMMARY: Former Japan PM Shinzo Abe dies after shooting

The following is a summary of top news stories Friday.

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COMPANIES

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Athleisure retailer JD Sports Fashion named Andy Higginson as its new chair,...

Fri, 08/07/2022 - 11:00


Soaring UK fuel prices blamed on rise in oil refining margins

Growing oil refining margins are one of the main causes of soaring fuel prices, according to the UK competition regulator.

A review by the Competition...

Fri, 08/07/2022 - 10:40


LONDON BRIEFING: Amigo hails ‘turning point’ as annual revenue halves

Embattled lender Amigo Holdings on Friday said it has ‘learnt the lessons of the past’ as it saw revenue almost halve in its recently ended...

Fri, 08/07/2022 - 08:18


UPDATE: UK Tory leadership contenders prepare to do battle

Would-be contenders to claim the Tory crown are assessing whether they have the support to mount leadership bids following the dramatic resignation of UK Prime...

Fri, 08/07/2022 - 07:58


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