Business News
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Shares of Facebook’s parent company fall 20% as investors lose confidence.
Following a disappointing set of financial reports from the digital behemoth, shares of Meta, which owns Facebook and Instagram, have ...
Shell’s Q3 2022 profits were $9.5bn, down from the first half’s record.
In the first half of the year, the London-listed oil and gas corporation posted record earnings due to rising oil ...
Mercedes-Benz leaves Russia.
Mercedes is the most recent Western corporation to withdraw from Russia, following Ukraine’s incursion in February. Early in March, the ...
The pound maintains its advances with the postponement of an economic plan.
The pound has maintained its recent gains with the postponement of the economic plan until November 17. Currently, the British ...
Heathrow passenger cap could reappear for the holiday season.
Heathrow Airport could limit the number of passengers during the holiday season, according to airport administrators. At the end of ...
Ford to halt Fiesta production as it expands electric vehicle range.
Ford has declared the end of the best-selling car in the United Kingdom, the Fiesta. By the end of June ...
China stocks decline in the US as Xi begins his historic third term.
Concerns that President Xi Jinping would maintain his ideology-driven approach at the expense of economic progress have caused a decline ...
The top economist of the Bank of England criticizes government cooperation with ‘other institutions’
The government would gain from following the ONS and Bank of England’s model of involvement, said Huw Pill. The Bank ...
Adidas severes relations with musician Kanye West
Adidas has severed ties with rapper Ye, also known as Kanye West, stating that it “will not accept antisemitism or ...
Without a Brexit rethink, the UK is doomed, warns a Tory supporter.
According to a longtime Tory supporter, the United Kingdom is “doomed” and on the route to becoming “the sick man ...
Rishi Sunak leads PM race, lowering borrowing costs.
The British government’s borrowing costs decreased on Monday as former chancellor Rishi Sunak emerged as the frontrunner to replace Liz ...
Markets rally after Boris Johnson leaves Tory leadership race, lowering interest rate rise.
The pound currently buys more euros and dollars than it did for the majority of the last 10 days. As ...