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The Latest Breaking News from Economy

Rolls-Royce wins £9bn nuclear submarine contract

The Unity contract will see Rolls Royce help out with nuclear reactors to power submarines

The Independent UK

How AI is Revolutionizing the Automotive Industry

AI is no longer in the realm of science fictions; it is an industrial reality in today’s global economy. A promising area that is in the midst of a significant change is the automotive business.

inkl

Expanding Heathrow is incompatible with net zero – here’s the evidence

The UK government is set to back plans for a third runway at Heathrow, the country’s busiest airport, and to expand two other airports near London: Gatwick and Luton. The move is designed to support the government’s “mission” to grow the economy.

The Conversation

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Trump tariffs could be ‘opportunity’ for UK, Lloyds boss says

Charlie Nunn, who runs Lloyds Bank, the largest mortgage lender in the UK, said that he was optimistic about growth for the UK economy but it must come quickly.

The Independent UK

Trump’s inheriting a solid economy, making it harder to lower borrowing costs or inflation

President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep

The Independent UK

President Trump Repeats Exaggerated Claims About Trade Deficits

President Trump's claims on trade deficits with Canada, Mexico, and China, and the complexities of trade imbalances in the US economy.

Top News

What Could Derail the Economy This Year?

While the outlook for the U.S. economy is mostly favorable, there are plenty of risks that bear watching.

Kiplinger

Syria's Economy Reborn After Being Freed From Assad

When Bashar al-Assad ruled Syria, merchants like Youssef Rajab kept much of their imported stock hidden for fear of arrest for breaking the law.

International Business Times

Most Asian Markets Rise After Wall Street's AI-fuelled Rally

Shanghai was among the main winners, eating into year-to-date losses after China unveiled a fresh batch of measures aimed at boosting the country's stock markets as part of Beijing's moves to provide support to the stuttering economy.

Latin Times

Kemi Badenoch ‘wants Liz Truss to shut up for a while’

Tory leader told shadow cabinet last week she wanted predecessor to stop making unhelpful interventions

The Guardian - UK

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Fortune

Europe's largest economy heads toward the polls

Insolvencies and job cuts have clouded confidence in Germany's auto town, Luedenscheid.

International Business Times

Trump's Return Darkens Mood As Germany Heads To Elections

Donald Trump's return to the White House has darkened the mood in Germany a month before elections, as multiple crises shake the foundations on which Europe's biggest economy built its post-war prosperity.

International Business Times

Political Crisis Hits South Korea Growth: Central Bank

South Korea's economic growth slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached President Yoon Suk Yeol's brief declaration of martial law.

AAP

Kiwis go for growth to lift economy out of the doldrums

Foreign investors will be wooed by New Zealand to help lift the nation's economy out of the lurch as the government seeks to put the woes of 2024 behind it.

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The Independent UK

Consumer expectations for economy plunge to ‘new low’ amid job cuts

Hopes for the state of the economy over the next three months have dampened since December, according to a consumer confidence survey

Evening Standard

Consumer expectations for economy plunge to ‘new low’

A survey found expectations for the state of the economy over the next three months have worsened to minus 34, down from minus 27 in December.

International Business Times

What Would Trump Tariffs Mean For Key Trade Partner Mexico?

US President Donald Trump has threatened to slap a 25-percent tariff on Mexican goods on February 1, a move that analysts say would deal a heavy blow to Latin America's second-largest economy.

Al Jazeera

For Trudeau’s successor, safeguarding Canada’s economy a ‘daunting’ task

Domestic pressures and US tariff threat pose major challenges for Justin Trudeau’s successor.

The Conversation

How Canadian cities could be leaders in the fight against waste

Most of what we consume in Canada is neither recycled nor reused.

Fortune

Women are officially the economy's power players—outpacing men in both income and spending growth

Bank of America's Taylor Bowley reports that growth in women's consumption and income is outpacing male counterparts.

International Business Times

'They Don't Have The Money,' Elon Musk Says Of $500B OpenAI-SoftBank-Oracle AI Project Stargate

U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.

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