Sterling has tumbled to its weakest level since April following stark warnings from an influential survey that Britain may be on the brink of an industrial recession. The pound dropped by 1pc against the dollar on Thursday, slipping below $1.24, amid growing concerns that the UK economy is faltering. In stark contrast, optimism is rising […]
Breadcrumb Trail Links PMN Business Two weeks after the US election, hundreds of allies gathered at the White House to soothe Joe Biden in defeat. Tracking the closed-door bash for clues was a group rarely interested in the routine preening of Washington: arbitrage traders. Author of the article: Bloomberg News Joe Deaux and Josh Wingrove […]
Breadcrumb Trail Links PMN Business US employers probably tempered their hiring last month to wrap up a year of moderating yet still-healthy job growth that economists expect to carry on in 2025. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jan 04, 2025 • 5 minute read 213dmoidagqh9ahdbmenffy)_media_dl_1.png National statistics agency, […]
Article content (Bloomberg) — US President-elect Donald Trump hit out at the UK’s windfall tax on oil and gas producers in a social media post Friday, adding to criticisms from his incoming administration of Prime Minister Keir Starmer’s agenda. Article content “The UK is making a very big mistake. Open Up the North Sea. Get […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Published Jan 04, 2025 • Last updated 5 hours ago • 3 minute read A wanted sign of Venezuelan opposition leader Edmundo Gonzalez is displayed on the list of departure flights at the Simon Bolivar International Airport in Maiquetia, near Caracas, Venezuela, Friday, […]