People walk outside the Bank of England in the City of London financial district on January 26, 2023 in London, UK. henry nichols Reuters LONDON–The Bank of England is expected to raise rates at its 12th consecutive meeting on Thursday as inflation continues to rise, but a summit could be nearing. The UK economy has…
Pakistan’s former prime minister, Imran Khan, is set to appear in an anti-corruption court on Wednesday as police step up security across the country, a day after violent protests over the arrest of an opposition leader. Khan, who was detained Tuesday night, will attend a hearing inside police headquarters in Islamabad, police said in a…
The first freight train of the Lancang-Mekong Express will depart Kunming, China on January 10, 2022, for the 26-hour journey to Vientiane, the capital of Laos. China News Service | China News Service | Getty Images BEIJING – Over the past two years, China has announced the opening of new freight trains, and cross-border railways…
Cathay CEO says manpower shortage will limit airline capacity to 70% of pre-coronavirus levels Chan Ho-Him in Hong Kong Hong Kong-based Cathay Pacific Airways said staffing constraints are preventing it from raising its goal of returning to 70% of its pre-pandemic capacity by the end of this year. “We are facing a number of constraints,…
Wrexham, Wales – May 2, 2023: Wrexham AFC co-owners Ryan Reynolds and Rob McElhenney join the club’s men’s team in a bus parade following their respective title-winning seasons in the Vanarama National League and Genero Adlan North and celebrate with the women’s team. . Jan Kruger/Getty Images LONDON — When Ryan Reynolds and Rob McElhennie…
Glencore plans to build Europe’s largest battery recycling plant as it seeks to grow its natural resources business against the backdrop of the switch to electric vehicles. The Swiss-based company, one of the world’s largest diversified natural resources groups with commodity trading and mining divisions, is collaborating with Canada’s Li-Cycle to build a facility in…
When I first moved to Spain last summer, I felt a strange disorientation. I could hardly blame the culture shock. Because I had been visiting the country for years before moving to Madrid. i speak spanish I have a Spanish family. But I never lived here and something was out of place. Then a casual…
At a press conference in Tokyo on July 28, 2016, billionaire and SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son said of a screen displaying the ARM Holdings logo. talking in front Tomohiro Ohsumi | Bloomberg | Bloomberg | Getty Images The UK may be the perfect place to build a tech company….
Nearly two months after Silicon Valley Bank’s collapse, the fortunes of its pioneering Chinese joint venture, SPD Silicon Valley Bank, are still in balance. A rare type of U.S.-China joint venture in China’s financial sector, SPD Silicon Valley Bank has played a key role in establishing a lending environment for entrepreneurs since its establishment 10…
Liberal Democrat leader Sir Ed Davey announced on Sunday that he would support a post-election coalition with Labor after last week’s local council results suggested the UK could be headed for a hung parliament. I left the door open. Davie also said it was “very important for the Liberal Democrats” to change the UK voting…
When Tesla started cutting prices this year, it sent ripples through auto showrooms around the world. Rival manufacturers from Detroit to Japan began to see their stock prices begin to fall as second-hand prices for their battery models began to fall and a price war for electric vehicles was expected. Tesla has promised to go…
Warren Buffett’s Berkshire Hathaway has sold billions of dollars worth of stock in the first three months of the year and invested little in the U.S. stock market, a sign that high-profile investors are facing a volatile market. It shows that I felt little attraction in Berkshire said on Saturday it sold $13.3 billion worth…