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Iran's Hormuz leverage wanes as U.S. economic squeeze bites
Six months after a conflict that rattled markets and pushed the Gulf to the brink of a wider war, the tide may be turning against Iran as Washington unleashes an unprecedented economic offensive to achieve what military force could not. After years…
China to pump $54bn into state banks and insurers to boost economy
CFOTO/Future Publishing via Getty Images Peter Hoskins Business reporter China is pumping tens of billions of dollars into eight state-owned banks and insurance companies to help shore up the country's financial system and boost its slowing…
Donald Trump approval rating falls to record low on economy-Poll
A new poll has revealed growing pessimism about the health of the U.S. economy under Donald Trump, who is falling deeper underwater with voters on key issues amid fears over affordability and the knock-on effects of the Iran war. In their latest…
China to pump $54bn into state banks and insurers to boost economy
China is pumping tens of billions of dollars into eight state-owned banks and insurance companies to help shore up the country's financial system and boost its slowing economy. The cash injection, which is being led by China's finance ministry…
Healey vows to control public spending and help UK economy deliver on potential
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. Chancellor John Healey insisted the UK economy was…
John Healey to say economy is 'turning the corner' in first speech as chancellor
John Healey's first major speech as chancellor will be delivered in Coventry in the next half hour. Just down the road, Jaguar Land Rover is expected to announce thousands of job cuts to save costs following competition from China for cheap cars…
John Healey to say economy is 'turning the corner' in first speech as chancellor
Andy Burnham will be facing increasing pressure ahead of next month's Budget after long-term government borrowing costs reached a 28-year high last week. The yield on a 30-year gilt - a loan to the British government - rose to 5.89%, the highest…
The country that lays the foundation for the AI economy will define next century
While we have a national interest in facilitating AI innovation, it should be the tech companies that are building data centers and creating demand for electricity — not American families footing the bill for increased costs stemming from…
Can 'PuFins' Cope With The UK's Economic Headwinds?
This article is for subscribers only. John Healey would have hoped for a better backdrop to his speech on regional growth today than one of Britain's iconic, nigh talismanic, manufacturers Jaguar Land Rover, announcing that it is cutting 4,000…
Hong Kong, Central Asia push for deeper economic ties beyond finance
About three months after Hong Kong Chief Executive John Lee Ka-chiu visited Central Asia, momentum is building for closer economic ties between the city and the region, with potential cooperation extending beyond finance to tourism, professional…
Arundhati Bhattacharyya On India's AI-Driven Economic Transformation
Salesforce President and CEO for South Asia, Arundhati Bhattacharyya, asserts that cloud and artificial intelligence offer India an unparalleled opportunity to leapfrog in the technology revolution, significantly boosting its economy and creating…
Arundhati Bhattacharya On India's AI-Driven Economic Transformation
Salesforce CEO Arundhati Bhattacharya highlights how cloud and AI are democratising capabilities, positioning India for an unprecedented economic leapfrog and significant job creation. Cloud and AI are democratising advanced capabilities, allowing…
Iran to tackle economic issues, says further attacks will be 'more painful
Iran said it will step up efforts to tackle problems created by U.S. sanctions that are crippling its economy, while a senior Iranian official warned of a 'painful response' if it comes under further attack. SCROLL TO CONTINUE WITH CONTENT Six…
Chancellor to argue UK economy can 'turn corner' despite bond market turmoil
John Healey will argue the government's plans to boost growth across the whole country will enable the British economy to “turn a corner” despite anxiety over volatile bond markets derailing Labour's crucial first budget. The…
London's record summer of music provides huge boost to capital's economy
Sadiq Khan has hailed London 's “incredible” summer of music, with millions flocking to the capital in a huge boost to the economy. The Mayor of London celebrated London's position as the music capital of the world, with the London's…
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