Economy Industry News
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Why the UK economy is surprisingly resilient
The UK economy grew at its fastest rate for more than two years in the three months to September. 'Top gear' and 'strikingly strong' were among the descriptions of the 0.7% growth offered by the economists who track every minor murmur of Britain's…
Nvidia's Huang ousted by board in move that roils AI economy
Nvidia CEO Jensen Huang, the preeminent face of the artificial intelligence infrastructure boom, has been ousted from his post after reports of three affairs, including one with a woman suspected of spying for China. Longtime CFO Colette Kress is…
The war didn't sink Republicans. The economy did
That difference has gotten lost in the argument over whether the war with Iran cost Republicans the midterm elections. Vice President JD Vance and other conservatives have pointed to the war as the reason Republicans suffered such a devastating…
Why southern Italy's economic 'miracle' risks disappearing
Even the German press, traditionally far from generous towards Italy, had been forced to acknowledge it. In September, the newspaper Die Welt described the “surprising rise of a former problem case”: southern Italy, long regarded as…
AI helped UK defy expectations - but will economy's resilience fizzle out?
The forecasters were clear when John Healey became chancellor in July: Britain's resilience to the war in the Middle East would not last. The global economic headwinds were too strong, inflation was beginning to rise and growth would slow to a…
Trump tariffs backfire as Canada warns of damage to US economy
President Donald Trump 's tariffs are making America a more expensive place to do business and threatening investment in the U.S. economy, Canada 's ambassador to Washington has warned. Mark Wiseman said uncertainty surrounding the president's…
How advertising machines broke the attention economy
In 2016, TV advertising was in trouble. People were canceling their cable subscriptions by the millions, ratings were slipping, and advertisers were pouring billions of dollars into digital platforms that promised bigger audiences than TV at a much…
UK economy grows at fastest quarterly rate in more than two years
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The UK economy has grown at its fastest quarterly rate…
UK economy grows at fastest pace for more than two years
The UK economy grew by 0.7% in the third quarter, its fastest expansion in two and a half years, confirming that consumers and businesses remained resilient despite high oil and gas prices. The Office for National Statistics reported that the…
Indonesia President: Hormuz Changed the Economics of Climate Action | Opinion
The COP climate summits have never been short on ambition. But follow-through has fallen short. As fiscal pressures mount in developed countries, many are retreating from their climate-funding commitments to the developing world, however articulate…
Champagne says energy investments set the stage for Canada's future economic growth
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How the effects of Jensen Huang's ouster is spiraling out through the economy
NVIDIA and Jensen Huang aren't the only ones in the crosshairs. Jensen Huang has had a bad week. It all began when news surfaced that he'd been having an affair with an alleged spy for the Chinese government. In response, NVIDIA's corporate board…
UK economy 'defies doomsayers' after summer growth driven by AI roll-out boom
The UK economy has defied doomsayers again by growing by 0.7% over the summer, official data has confirmed. Chancellor John Healey said the results showed the country was showing 'standout resilience' and growing at the fastest rate in almost a…
UK economy grows at fastest rate for more than two years
The UK economy grew at its fastest rate for more than two years in the three months to September. Between July and September, the economy expanded by 0.7%, accelerating from the three months previously, official figures show. The robust…
Gen Z's trailblazers cut an economic swath
In early January, when Democrats take control of Congress, they might look back on 2026 and recall two remarkable trends that could shape their party's economic agenda. First, Americans under age 30 made the largest voting shift among major…
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