Business

The Bank of England has held interest rates unchanged at 3.75% while projecting the unemployment rate will climb to 5.3% this year, higher than the 5% previously forecast. This deteriorating …

Monday witnessed precious metals markets recovering from dramatic declines that had sent shockwaves through global financial centers. Gold prices advanced from an 8% collapse to $4,465 per ounce, recovering to …

Chinese automotive giant Chery is establishing its European research and development headquarters in Liverpool, positioning Merseyside as the hub for its European commercial vehicle operations. The state-owned manufacturer will consolidate …

EasyJet has suggested that European Union baggage regulations could distort competition by forcing all airlines to adopt similar pricing structures regardless of business model differences. The legislative proposal under consideration …

Donald Trump has taken aim at South Korea with a warning of 25% tariffs on major exports, blaming parliament delays in implementing a trade agreement from 2024. The president’s announcement …

Questions are being raised in Germany about the long-term security of gold stored abroad. Economists warn that political shifts could affect access. Germany’s gold reserves are valued at nearly €450 …

Brussels has formally suspended the ratification of its trade agreement with the United States following President Trump’s linkage of tariff threats with his Greenland ambitions. European lawmakers have characterized this …

Precious metal markets delivered remarkable performances on Monday, achieving unprecedented price milestones as investors processed President Trump’s emphatic language regarding Greenland acquisition. Gold touched a record high of $4,689 per …

BP has been hit by a “double whammy” of negative factors, warning investors of weak oil trading results alongside a $5 billion writedown on green energy assets. The update sent …