Business

UK GDP report to show if economy kept growing in July –business live

Rolling coverage of the latest economic and financial news Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. We’re about to learn how the UK economy fared in July, during the summer…

FTSE 100 Live: UK Stocks Set to Snap Five Day Losing Streak

Bathla Crisis Prompts Australia Regulator to Ask Banks on Credit

Australia’s prudential regulator has asked banks and pensions about their exposure to private credit funding, the latest sign that authorities want more information to identify risks in the country’s debt market in the wake of collapsed…

Yields Hit Multiyear Highs on Oil Surge, Fed Hike Bets

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from…

MTRCB ready to regulate online platforms if Congress allows

MANILA, Philippines – Movie and Television Review and Classification (MTRCB) Chairperson Diorella Maria “Lala” Sotto-Antonio said the agency can regulate online services, streaming platforms, and subscription video on-demand services if…

Bonds Selloff Pushes 10-Year Treasury Yield Closer to 5% (Video)

India-China Set For Bilateral Talks At BRICS Summit

Chinese President Xi Jinping will visit India this weekend to attend the BRICS summit, marking his first trip to the country since 2019. But Observer Research Foundation's Antara Ghosal Singh says while progress has been made on the…

Can the ECB rate hike stop an inflation shock driven by energy costs?

The ECB is raising borrowing costs to stop expensive energy from fuelling lasting inflation. Economists disagree on how far rates must rise and how much growth could suffer.

Oil Trades Near $107 as Houthi-Saudi Fighting Escalates

Brent oil traded near $107 barrel as fighting between Yemen-based Houthi militants and Saudi-backed forces intensified. The global benchmark surged more than 6% in the previous session and is on track for its biggest weekly gain since…

UK Big Business Urges Chancellor to Cut Levies on Energy Bills

A raft of British businesses urged Chancellor John Healey to move levies off electricity bills as rising energy costs squeeze industries from chemicals to steel.

INQToday: Duterte arraignment, Romualdez arrest, oil price hike

MANILA, Philippines – INQToday keeps track of the latest developments on the day’s top stories, including Vice President Sara Duterte’s deferred arraignment, her remarks against the Department of the Interior and Local Government over the…

How LV Lost Millions by Winning a Trademark Dispute in China

A trademark fight with a local tea maker sparked a patriotic backlash that exacerbated a demand slump for LVMH’s most profitable label. While the broader downturn in the Asian powerhouse has slammed all luxury brands, LVMH Moët Hennessy…