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20238 articles published since 08 Mar 2022

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UK hoping budget eases pressure of high energy bills
UK hoping budget eases pressure of high energy bills
Economy

Pub landlord James Fitzgerald will wait a while longer to switch on the outside Christmas lights at the Thatched House in London, as high energy bills cause financial pain across Britain. Further tax rises in Wednesday's budget, as Prime Minister Keir Starmer's government seeks to cut debt, could see the Thatched House shut its doors at lunchtimes, said Fitzgerald, who has cut staff this year.

Mexican farmer protest blocks US border bridge
Mexican farmer protest blocks US border bridge
Economy

Hundreds of farmworkers and truck drivers blocked the Mexican side of a major border bridge with the United States on Monday as part of an ongoing national farmers' strike. The protest blocked the Zaragoza-Ysleta International Bridge, which connects the US city of El Paso, Texas with Mexico's Ciudad Juarez.

BBC launches hunt for new boss as Trump row rumbles on
BBC launches hunt for new boss as Trump row rumbles on
Economy

The BBC on Monday formally launched its search for a new chief following the resignation of Tim Davie over a misleading edit of Donald Trump that sparked a row with the US president. BBC chair Samir Shah on Monday told a parliamentary committee looking into what went wrong over the Trump edit that news chief Deborah Turness was right to resign over the "error in her division".

Italian fashion titan Zegna to hand over power
Italian fashion titan Zegna to hand over power
Economy

Gildo Zegna, grandson of the eponymous fashion brand's founder Ermenegildo Zegna, will hand over the reins of the group to its finance director and the fourth generation of family leaders in January, the group announced Monday.

AI delay may affect Europe's future, says ECB chief
AI delay may affect Europe's future, says ECB chief
Economy

European Central Bank chief Christine Lagarde warned Monday that a delay in embracing artificial intelligence could "jeopardise" the continent's future, urging barriers to its adoption to be swiftly lifted. "Otherwise we risk letting the wave of AI adoption pass us by and jeopardise Europe's future."

Germany business morale falls as hopes for revival dim
Germany business morale falls as hopes for revival dim
Economy

German business sentiment fell more than expected in November, a survey showed Monday, the latest sign that industry is losing faith in the government's plans to revive the economy. In the latest Ifo survey, companies' expectations for the future fell particularly heavily, which LBBW bank economist Jens Oliver-Niklasch described as alarming.

EU says will push US to lower steel tariffs
EU says will push US to lower steel tariffs
Economy

The EU will Monday urge the United States to implement more of the transatlantic trade deal struck in July, including cutting tariffs on steel, during talks in Brussels with US Commerce Secretary Howard Lutnick.

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