8 d. ago Major UK high street retailer in trouble as it's treated like 'unloved child' after failed sale

Sainsbury's briefly explored selling Argos in September before cutting 2,200 jobs following significant losses. Analyst says retailer is treated like an 'unloved child'

Events

9 d. ago Despite US trade war, EOCD expects global economy will grow 3.2% this year

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S. economic growth this year

Events

2 w. ago Collapsed fashion chain to shut 4 shops today & this weekend after launching 40% off closing down sales

A POPULAR fashion chain is shutting four more of its stores over today and the weekend. The news comes after the company collapsed into administration in September, putting more than 2,150 jobs at risk. The latest victims of Claire's financial struggles are their shops in Halifax, Salisbury, Sheffield, and Winchester which are all set to...

Economics

3 w. ago US economy added a surprising 119,000 jobs in September, two

The Bureau of Labor Statistics releases the report after the longest government shutdown in history

Politics

3 w. ago US economy added more jobs than forecast in September, after shock losses in August – business live

US non-farm payrolls rose by 119,000 in September, but new data also shows economy shed jobs in AugustThe Chinese ministry of commerce has said the dispute over the supply of chips from Nexperia, the Dutch-based Chinese-owed company, is still not fully resolved.“There is still a gap to completely solve the problem,” the Chinese ministry of commerce (MOFCOM) said on Thursday.“Minister Karremans justified his actions by accusing Nexperia’s CEO of various acts of alleged mismanagement. Wingtech strongly rejects these accusations and points out that, to date, no proof has been provided,”The minimum is no additional cost for business. Every time costs go up, you’re making the case against investing in the UK.In the UK cost of energy is too high versus almost anywhere in the world. Continue reading...

Economics

3 w. ago US adds 119,000 jobs in September but unemployment hits four

Figures complicate Fed decision on rates next month

Events

3 w. ago Government will release September jobs report next week, ending data drought from federal shutdown

The Labor Department will release its numbers on September hiring and unemployment next Thursday, a month and a half late, marking the beginning of the end of a data drought caused by the 43-day federal government shutdown

Politics

4 w. ago Despite America’s absence, Trump’s influence looms large over Cop30

In this week’s newsletter: Fear of retribution from the unpredictable president has left climate summit negotiators feeling nervous and vulnerable• Don’t get Down to Earth delivered to your inbox? Sign up hereUnder Donald Trump, America has not only jettisoned any effort to deal with the climate crisis, but has also attempted to stymie moves by other nations to shift to cleaner forms of energy, such as solar and wind.The climate crisis is “the greatest con job perpetrated by the world”, Trump told the UN in September, urging other governments to stick to oil and gas (preferably drilled in the US, of course) and ditch the “scam” of renewable energy.World still on track for catastrophic 2.6C temperature rise, report findsFossil fuel projects around the world threaten the health of 2bn peopleChina’s CO2 emissions have been flat or falling for past 18 months, analysis findsCalifornia governor calls Trump ‘an invasive species’ at Cop30 climate talksTussles break out between protesters an...

Politics

4 w. ago FTSE 100 Live 13 November: Index lower as Aviva, Rolls and Burberry report, GDP disappoints

Rachel Reeves was handed an unwelcome pre-Budget surprise today when official figures showed the economy ground almost to a halt over the three months to September.

Politics