Jaguar Land Rover confirms planned job cuts
The firm says it needs to save about £1.7bn over the next two years.
World
Market Losses Reveal Why Timing, Valuations Matter More During Major Crashes
A big number started spreading – $350 billion wiped out from Elon Musk’s name, thanks to a SpaceX rocket failure. Truth bends differently here. That sum never sat in any wallet ready to vanish. Instead, paper worth shif…
Iran’s oil blockade leverage weakens as U.S. keeps Gulf crude flowing
On 8 April 2026, following the declaration of a ceasefire by Pakistani Prime Minister Shahbaz Sharif, who was acting as a mediator in both the ceasefire negotiations and the US-Iran talks, (1) Israeli attacks on Lebanon…
Hong Kong targets bigger offshore yuan role, mainland links, in first 5-year plan
The restructuring of global official reserve assets, the eastward shift in the focus of gold supply and demand, the loosening of the traditional gold landscape in Europe and America, and a new round of competition for A…
Flight price rises due to 'foolish leaders' starting wars, Virgin's Branson says
Virgin Group founder Sir Richard Branson has blamed flight price rises on "foolish leaders" starting wars, in a thinly veiled reference to the US-Israel conflict with Iran.
Britain cuts infrastructure appraisal rate to boost investment
As anticipated in our last global economic outlook, elections around the world have driven notable policy changes that altered the trajectories of inflation, borrowing costs, currency values, and trade and capital flows…
The Payroll Shock Was Real, but the Feast Was Narrow
The 162,000 payroll gain was a genuine shock, beating the highest forecast and accompanied by 55,000 in positive revisions.
FTSE 100 today: Shares end flat as bond jitters keep investors cautious
European markets saw jittery trading on July 9, driven by escalating tensions in the Middle East following a series of strikes and counterstrikes between the United States and Iran. While equity markets broadly rebounde…
Is CoreWeave at the Mercy of the Bond Market?
CoreWeave, which rents GPU computing capacity to AI labs and hyperscalers, sits at the heart of a circular financing story that worries some investors. CoreWeave’s total debt sits at $35 billion as of June 30, up sharpl…
U.S. 10-year Treasury yield spikes following blockbuster NFP report
The US dollar has been supported since the last FOMC decision but as the hawkish repricing reached a near-term peak, the momentum waned as traders shifted their focus to the key US data.
US diesel prices hit an all-time-high
Drivers in the US are paying more than ever for diesel at the pump as the US-Israel war with Iran continues to hit Americans' wallets.
U.S. job growth smashes expectations in August, unemployment rate remains flat
Stocks wrapped up the session pretty much where they started on Wednesday, as investors digested a stronger-than-expected jobs report that muddied the outlook for Federal Reserve rate cuts.
Stock up on food to prepare for extreme weather, minister says
Households should stock up on food to prepare for extreme weather as the strongest El Niño event in a generation develops over the Pacific Ocean, a government minister has warned.
European stocks: What if the Fed hikes in September?
Markets are pricing several rate hikes from the major central banks despite scant evidence that the energy crisis is seeping into broader inflation. Yet James Smith argues investors are right to worry about higher oil a…
From 'dog fruit' to darling: India's avocado boom
Fifteen years ago there was almost no market for avocados in India, remembers Sunil Bopaiah.
Argentine leader threatens to sanction oil firms and reiterates Falklands claim
Argentina's president has heightened tensions with the UK over the Falkland Islands, warning he will impose economic sanctions on firms which exploit oil close to the British overseas territory.
Volkswagen board approves plan to cut another 50,000 jobs
The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of a sweeping turnaround programme. It brings the total number of roles the company plans to shed by 2030 to 100,000.
From cake to pizza: How to get the best birthday freebies (and why there's a catch)
"It's your birthday!" Cue the influx of emails offering you all sorts of freebies.
Is India's internet boom running into an undersea problem?
One of India's biggest digital vulnerabilities sits on a six-kilometre stretch of Mumbai's Arabian Sea coast.
'I lost my savings after a job interview scam'
Jobseekers are being warned to be vigilant as scammers are targeting people on job listings websites to trick them into downloading bogus interview tools.
U.S. bond market extends global rally, Fed’s Waller provides some relief
Gold price (XAU/USD) gains momentum to around $4,470 during the early Asian session on Friday. The precious metal extended its recovery as Federal Reserve (Fed) rate hike bets ease. All eyes will be on the US August Non…
Warsh Shift Points to an ‘Insurance’ Fed Hike
Fed chairman Kevin Warsh used his speech in Wyoming to lay out a firmer, more hawkish case on inflation than markets had heard from him before. The shift now puts more distance between where US rates might be headed and…
Emergent BioSolutions repurchases $75 million in senior notes
Emergent reduced its 2028 unsecured debt by $75 million at a discount while preserving liquidity and signaling active balance sheet management.
Why is the Japanese yen rallying today?
The Japanese Yen (JPY) loses some strength early Friday after rallying in the American session on Thursday, possibly fuelled by a foreign exchange market intervention by Japanese authorities. Later in the session, preli…