Economic confidence plummets in US amid Iran war, poll shows | Business and Economy News
As petrol prices rise, new survey suggests economic confidence in the US is at -45, the worst since…
UK police prepared to probe sexual misconduct claim against former Prince Andrew
Published on 22/05/2026 – 14:07 GMT+2 Police in the United Kingdom investigating former prince Andrew said on Friday…
Private credit defaults hit record high as interest rates soar
Defaults in private credit have been reaching record highs, and fund redemptions have exceeded inflows in some of…
Starlink, U.S. dominance in satellites is ‘dangerous’: Telecoms CEO
The CEO of one of France’s biggest engineering groups told CNBC that Europe mustn’t rely on U.S. infrastructure,…
Europe must make big changes to compete with US, space chief warns – POLITICO
The war between Russia and Ukraine has illustrated the dependencies. SpaceX — whose dominance in low-Earth orbit through…
Nvidia posts record profit of $58.3bn amid AI chip boom | Technology
Nvidia has announced record quarterly profit and revenue amid explosive demand for its advanced AI chips. The US tech behemoth said on Wednesday that profit soared to $58.3bn for the February-April period,…
Even insiders don’t know what Burnham has planned for Britain – POLITICO
A fourth person who has worked with Burnham said that might be a plus when it comes to…
James Murdoch to acquire New York Magazine and Vox Media Podcast Network | Media News
The deal, valued at more than $300m, gives Murdoch control of a storied magazine and a podcast division…
Trump’s drug pricing deal with Britain faces a legal threat – POLITICO
Campaigners believe such a fundamental change to how NICE functions should have required primary legislation, rather than secondary…
Rising mortgage rates cause surge in demand for riskier loans
Prospective buyers arrive during an open house in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle…
‘Summer should be fine’ as Europe’s jet fuel fears ease – POLITICO
“Our fuel suppliers as recently as this week have confirmed they expect no supply disruption right out to…
Central banks offload U.S. Treasurys; China holdings at 18-year low
The U.S. Treasury Department building in Washington. Saul Loeb | Afp | Getty Images Foreign governments cut U.S.…