Economy Industry News
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Opinion | As Hong Kong recalibrates, the blue economy offers an anchor
Last month, Hong Kong completed its first green methanol bunkering operation, a significant step in its efforts to support the decarbonisation of global shipping. As the maritime industry accelerates its transition towards cleaner fuels, this…
How to play the K-shaped economy in the restaurant sector (EATZ:NYSEARCA)
JPMorgan believes the K-shaped economy remains firmly in place, especially in the restaurant sector. Analyst John Ivankoe noted that the top 40% of consumers, who generate approximately 65% of all restaurant sales, are seeing increased spending…
5 charts show what the economy looked like under Powell's Federal Reserve
It's Jerome Powell 's curtain call. The Federal Reserve chair's term is set to end on May 15 after eight years leading the central bank, making this week's Fed meeting his last in the post. Trump nominee Kevin Warsh is likely to be greenlit by the…
Developing | China's Politburo steps up policy response as Iran war shakes global economy
China has vowed to take a holistic approach in responding to external shocks and safeguarding the country's energy security, as fallout from the US-Israel war on Iran continues to spread across the global economy. The country's top leadership also…
Morocco's new model economy
CASABLANCA — In 2023, Morocco crossed a critical threshold when the value of its automobile exports surpassed its revenues from phosphates, the mineral resource that had anchored the country's economy for at least a century. Defying…
Alderney data centre could 'transform island's economy
A data centre could be 'economically transformational' for Alderney, a study has found. The States of Alderney asked an independent company to carry out the research to see whether a centre could, in principle, be built and operate on the island.
Tuesday's Economic Calendar
The Federal Open Market Committee meets eight times a year to determine the near-term direction of monetary policy. The S&P CoreLogic Case-Shiller home price index tracks monthly changes in the value…
Moody's flags resilience in China economy, moves outlook to 'stable
Credit ratings agency Moody's on Monday revised China's outlook to 'stable' from 'negative', citing resilient economic and fiscal strength despite ongoing domestic pressures and challenges in trade and geopolitics. SCROLL TO CONTINUE WITH CONTENT…
Starmer to chair ministerial meeting focused on economic impact of Iran war
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. Sir Keir Starmer will lead a meeting of the Iran crisis…
Tata UK Boss: Intelligent networks underpin the AI economy
Keir Starmer's government is pinning its hopes on AI to deliver an ambitious growth agenda. Yet, for many in the private sector, the 'AI revolution' is hitting a digital wall. A recent study reveals that 29 per cent of UK businesses find AI…
Maharashtra Police: Tackling Cybercrime And Economic Offences
Maharashtra Chief Minister Devendra Fadnavis is urging the state police to bolster their capabilities in combating cybercrime and economic offences to maintain law and order. Maharashtra CM Devendra Fadnavis urges police to enhance preparedness…
Iran's economy has been battered. Its leaders still think Trump will blink first
In the heartland of Iran's famed carpet-making industry, manufacturing has ground to a near halt. Dairies struggle to find packages for milk and butter. Giant steel mills that once drove Iran's economy have gone silent. Hundreds of thousands have…
Lufthansa launches 'economy basic' with a smaller cabin bag than Ryanair and easyJet
Fresh from cancelling tens of thousands of flights because of the soaring cost of jet fuel, Lufthansa is set to reduce consumption further by introducing “economy basic” to its short- and medium-haul flights. Bookings have opened for…
Joint board to focus on economic priorities
PORT ANGELES — The boards of the Clallam County commissioners, the Public Utility District and the Port of Port Angeles met for the first of three joint commission meetings this year to share updates on projects, funding and priorities, and…
Iran's economy has been battered. Its leaders still think Trump will blink first
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