Economy
Starmer vows to cut red tape as he urges foreign investors to 'back' UK
Prime Minister Keir Starmer on Monday told global business leaders it was "time to back Britain", as he hosted a major summit aimed at securing much-needed funds to fuel economic growth after post-Brexit chaos. Make no mistake, this is a great moment to back Britain," Starmer said.
With inflation down, ECB eyes faster tempo of rate cuts
The European Central Bank is expected to lower interest rates again this week as anxiety about inflation in the eurozone fades and concerns over sluggish growth mount. "Victory against inflation is in sight," French central bank governor Francois Villeroy de Galhau, who sits on the ECB's rate-setting governing council, said last week.
Shanghai stocks swing after stimulus briefing as most of Asia rises
Shanghai stocks fluctuated Monday as traders digested a pledge by China's finance minister to provide more help for the country's struggling economy, while most other Asian markets tracked another record day on Wall Street.
Role of government, poverty research tipped for economics Nobel
Closing the season, the Norwegian Nobel Committee will announce the Nobel economics prize on Monday, with specialists on credit, the role of government, and wealth inequality seen as possible contenders. - Poverty or wealth inequality?
Top 10 Nigerian banks with largest contributions to Nigeria’s capital importation in 2024
About 10 Nigerian banks contributed highly to capital importation in the second quarter of 2024, reaching about 152.8% or $2.6 billion in the review period
IMF reduces borrowing costs for Nigeria other Africans by 36 per cent
The International Monetary Fund (IMF) has announced that it slashed borrowing costs for member countries by 36% due to prevailing global economic challenges.
SpaceX will try to 'catch' giant Starship rocket shortly before landing
SpaceX's next test flight of its Starship megarocket this Sunday could mark a world first: catching the returning first-stage booster using the launch tower's "chopstick" arms -- a crucial step in the company's quest for rapid reusability.
Tariffs, tax cuts, energy: What is in Trump's economic plan?
Republican presidential candidate Donald Trump wants to bring back US manufacturing and lower costs, relying on tariffs to boost US coffers and exert pressure on other countries -- but the reality is less straightforward.
Amazon wants to be everything to everyone
Amazon is bolstering its e-commerce empire while continuing a march deeper into people's lives, from robots to healthcare and entertainment. The healthcare market promises to be lucrative for Amazon, which is "trying to be the platform that has everything for everyone," said analyst Davidkhanian.
Economy
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