UK economy slows, hitting growth plans
LONDON: Britain’s economy grew less than expected in the third quarter, official data showed Friday, dealing a blow to the Labour government that has set its sights on growth expansion.
LONDON: Britain’s economy grew less than expected in the third quarter, official data showed Friday, dealing a blow to the Labour government that has set its sights on growth expansion.
WASHINGTON: The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants on US soil, officials said Friday, finalizing the deal before Donald Trump’s administration enters the White House.
WASHINGTON: Two senior Federal Reserve officials praised the US central bank’s independence on Thursday, amid concerns that President-elect Donald Trump may seek to influence Fed policy.
LISBON: Tech entrepreneurs have spent years selling the dream that we can save the planet without changing our ways, but the current focus of innovation is dividing experts and investors.
KUWAIT: Leading magazine Global Finance, recognized for its focus on financial markets and investment banking, has presented NBK Wealth Group with the prestigious Best Private Banking Services Award in Kuwait.
LISBON: Technology firms are ceaselessly promoting new AI products, but climate activist Sage Lenier says AI is useless, unsustainable and has given the industry an existential problem.
BEIJING: Chinese tech giant Tencent on Wednesday posted an eight percent year-on-year expansion in third-quarter revenue, driven by what it called “robust” growth in its gaming business.
JOHANNESBURG/BAKU: While tens of thousands attend the UN COP29 climate summit in Baku, Azerbaijan, a group of more than 120 grassroots African female activists have snubbed the talks and already attended a “counter-COP” in Senegal.
BEIJING: China on Wednesday announced a raft of tax policies aimed at boosting the country’s ailing real estate market, state media said, including cuts to property deed taxes and VAT.
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