Germany pledges to phase out fossil fuels for first time with target of 2045
Europe’s biggest economy, Germany, has committed to phasing out fossil fuels by 2045, despite fierce debate about its green policies.
Economy
‘We hope he’ll accept’: US invites Putin to G20 summit at Trump golf club
The United States has invited Vladimir Putin to take part in the meeting of the G20 scheduled in Miami in December in what would be the first major summit with the Russian leader present since he launched his invasion o…
SEC Charges South Florida Resident and His Company for Alleged Investment Scheme Defrauding Law Enforcement
F. Joseph Warin is partner and chair of the litigation department at the Washington D.C. office of Gibson, Dunn & Crutcher LLP. The following post is based on a Gibson Dunn publication.
McDonald’s to take on KFC and rivals as Gen Z flock to fried chicken
McDonald’s is betting on fried chicken as health concerns and the rising price of beef shift dining habits.
White House calls report of 90-day diesel exports ban "fake news"
Energy Secretary Chris Wright said Wednesday the Trump administration plans to steer clear of an outright ban on diesel exports as prices soar during wars abroad — rejecting a Politico report saying the White House is p…
Building the next generation of market infrastructure
Speaker: Nikhil Rathi, chief executive Event: TheCityUK dinner, sponsored by Nasdaq Delivered: 22 September 2026 Note: This is a drafted speech and may differ from the delivered version
Manchester United report seventh straight annual loss despite record revenue
Manchester United reported their seventh straight annual loss on Wednesday as costs related to player acquisitions and the sacking of Ruben Amorim this year pushed them deeper into the red.
Philip R. Lane: The Outlook for the Euro Area Economy
It is an honour to be invited to contribute to the Asian Monetary Policy Forum. My topic today is to examine the role of Europe in the world economy.[1] International trade, international finance, international technolo…
Legal & General to cut 1,000 jobs by mid-2027
Programme will initially involve voluntary redundancies in the UK but the insurance and pensions firm will consider mandatory job cuts depending on the take-up
Firms crack down on money mules but need to do more
Financial firms are shutting down hundreds of thousands of suspected money mule accounts, but organised criminal groups are still shifting dirty money through multiple bank accounts before cashing out.
Bakery owner calls for Budget help for firms
The owner of a bakery in Manchester has urged Prime Minister Andy Burnham to give the hospitality industry a 'fighting chance' as it struggles to keep up with increasing prices.
Almost ten million people took part in ECB survey on new euro banknotes
A total of 9.96 million people across Europe and beyond shared their views on the future design of euro banknotes by completing the ECB’s public survey.
New UK agency to fight ‘information warfare’ from likes of Russia, Burnham tells UN
PM aims to ‘stem poisonous tide’ of disinformation and deepfakes with National Centre for Information Defence
Qantas announces 18-hour direct flights from Sydney to New York with onboard ‘wellbeing zones’
Due to take off in 2028, it is set to be the national carrier’s second ultra long-haul route after Sydney to London
London buses in decline? Why public transport in global cities is slowing to a crawl – visualised
As experts fear for future of UK capital’s bus network, some commuters are giving up entirely. London is not alone – with worrying implications for the poorest in society
AI looms large over Trump-Xi meeting amid deep distrust between US and China
Fears persist about Trump ‘sucking up’ to Xi on Taiwan, but few concrete outcomes anticipated from US meeting
Thinktank linked to Reform UK calls for abolition of state pension
‘Radical’ report likely to influence party’s platform also proposes abolishing inheritance and capital gains taxes
IMF tells advanced economies to 'bring debt down' as borrowing costs rise
The world's advanced economies including the UK and US need to cut borrowing and reduce debt levels following weeks of spiralling government interest costs, the head of the International Monetary Fund (IMF) has warned.
EU removes two oligarchs from Russia sanctions list as deadline looms
Alisher Usmanov and Mikhail Fridman delisted in what Ireland’s EU presidency calls ‘a difficult compromise’ for the bloc
Fed’s Perli says Treasury bill purchases will adapt to evolving market conditions
The Federal Reserve’s monetary policy control toolkit continues to be very effective, Roberto Perli, a New York Fed official responsible for implementing short-term interest rate policy for the central bank, said on…
SEC Censures OTC Link LLC for Repeated Compliance Failures Related to Regulation SCI
Washington, D.C.--(Newsfile Corp. - September 22, 2026) - The Securities and Exchange Commission today censured New York-based broker dealer OTC Link LLC and ordered it to pay a $575,000 civil penalty for longstanding v…
Bessent emerges as frontrunner for Trump’s "AI czar" role - report
Treasury Secretary Scott Bessent has emerged as the leading candidate to serve as the Trump administration's "AI czar," a newly created position to coordinate artificial intelligence policy across the federal government…
Federal Reserve Board announces approval of application by BancFirst Corporation
The Federal Reserve Board on Tuesday announced its approval of the application by BancFirst Corporation, of Oklahoma City, Oklahoma, to acquire and merge with Spirit BankCorp, Inc., of Bristow, Oklahoma, and thereby ind…
European drugmakers say they are ‘losing ground’ to US and Chinese rivals
Some of continent’s biggest pharma firms write to national leaders calling for action to safeguard their futures