Money, power, AI: what Trump’s UK visit is all about
State visits to the UK do not happen often. And although this is Trump’s second UK visit this year alone, it appears that the stakes are high for the US…
Economy
1610 posts
China bans Nvidia AI chips in escalating tech rivalry: here’s what it means
China has banned its major tech firms from buying Nvidia’s AI chips, tightening its grip on sensitive technology imports amid rising tensions with the US.Nvidia’s advanced products, including the RTX…
UK unemployment steady at 4.7% in July as wage growth slows, BOE seen holding rates
The UK’s unemployment rate remained unchanged at 4.7% in the three months to July, while wage growth eased slightly, pointing to a cooling labour market that is unlikely to prompt…
Europe markets in red: Fed rate cut hopes tempered by economic uncertainty
The European stock markets opened in red on Tuesday, reflecting a delicate mix of hope and caution as investors prepare for a key Federal Reserve meeting.The STOXX Europe 600 plunged…
The big Fed decision: 3 key themes to look out for
The Federal Reserve is about to make one of its biggest calls of the year on Wednesday. This week’s interest rate decision is the event that markets are glued to.With…
From pitch to pod: how olive oil is revolutionising athletic performance
In an unusual turn from the typical football pitch, players are now lining up for a different kind of fiery kick: a searing shot of Cypriot olive oil. The peppery, throat-burning…
Australia’s looming climate crisis: report warns of intensifying extreme events
A stark warning has been issued regarding Australia’s future, as a government report released on Monday predicts a significant increase in the frequency and severity of climate events. These extreme weather…
Singapore’s new home sales hit 9-month high in August
Singapore’s private housing market saw its strongest sales in nine months in August, with buyers snapping up more than 2,100 units as new project launches fuelled demand. Data from the…
Sainsbury’s shares hit four-year high as Argos sale talks with JD.com collapse
Shares in Sainsbury jumped to a four-year high on Monday after the UK supermarket group abruptly ended talks to sell its Argos chain to Chinese e-commerce giant JD.com.The stock rose…
US and Europe’s continued trade with Russia raises sanction efficacy questions
On Saturday, US President Donald Trump announced that the United States was ready to impose new energy sanctions on Russia. However, this action was contingent upon all NATO member nations stopping…