Business

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…

The ‘great grid upgrade’ is off track – ministers should spell out the risks for bills | Nils Pratley

National Audit Office calls for greater transparency on £70bn programme that is running over budget and behind schedule Speed up electricity grid upgrade or else face higher bills, warns UK watchdog It’s an open secret in the energy…

Speed up electricity grid upgrade or else face higher bills, warns UK watchdog

National Audit Office says failure to implement £70bn modernisation would also hold back economic growth The ‘great grid upgrade’ is off track – ministers should spell out the risks for bills Consumers will pay higher energy bills unless…

China's global hunt for tax revenue may be just getting started

Beijing's recent push to tax offshore wealth may be only the opening phase of a broader campaign that could eventually reach overseas properties, inheritances.

Western Visayas inflation climbs to 8.4%

ILOILO CITY — Inflation in Western Visayas accelerated further to 8.4 percent in August, driven largely by higher housing and utility costs, transportation, and food prices, according to the Philippine Statistics Authority (PSA). The…

Modi and Xi are set to meet at BRICS with trade and border issues in spotlight

A meeting with Prime Minister Narendra Modi would be the clearest test yet of the tentative post-2020 reset between Asia’s two largest economies.