UK service sector shrinks amid Iran war disruption and heatwave; FTSE 100 hits four-month closing high – business live | Business
FTSE 100 hits four-month high Britain’s blue-chip stock index has hit its highest level since the first week…
Vietnam, the Philippines elevated to the World Bank’s upper-middle-income status
Vietnam and the Philippines are now “upper-middle-income” countries, at least according to the World Bank, putting them on…
Store closures alert: British Heart Foundation confirms first round of shops shutting down
One of the most iconic charities in Britain is preparing to shut down dozens of its high street…
How economic pressures are damaging Britain’s ‘zombie firms’
The UK’s borrowing costs are higher than the government would like them to be. Economic growth remains weak,…
After the 1997 Asian Financial Crisis nearly bankrupted South Korea, the government decided to rebuild the country through culture instead of manufacturing — and by 2022 a nation of 51 million was earning $12 billion a year in music, film, television, and cosmetics
The 1997 Asian Financial Crisis, which nearly destroyed the Korean economy, is the specific reason that essentially every…
Tariffs and soaring costs are hitting Fourth of July fireworks displays for America’s 250th birthday
Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The…
Türkiye says disinflation back on track as June price growth eases
Türkiye’s annual inflation cooled in June after two months of faster price growth linked to the fallout from…
US heatwave raises alarms over AI data centre energy demands | Energy News
A massive heatwave sweeping across the United States is straining the country’s power grid and water supplies, testing…
Germany June final services PMI 48.6 vs 46.8 prelim
Prior 48.1Final Composite PMI 49.5 vs 48.0 prelimPrior 48.8 Key findings: Business activity falls for third month running,…
€700m exchequer surplus recorded for first half of year
Strong income and corporation tax receipts contributed to an Exchequer surplus of €700 million for the first half…
Why coal-rich Indonesia can’t keep the lights on
A wave of rolling blackouts across Indonesia in mid-2026 has exposed one of the country’s biggest economic paradoxes:…
Eurozone services contraction eases in June as cost pressures cool
Services PMI 49.4 vs 48.9 prelimPrior 47.7Composite PMI 50.0 vs 49.5 prelimPrior 48.5 Both the services and composite…