UK currency, pound stering

The jingle of coins and the rustle of banknotes: noises of the past?

By Hal Williams IT’S A CONFUSING time for cash in Britain — maybe even crunch time in the run-up to the Budget. The roll-out of limited...

Credit Suisse chief steps down over bank’s corporate espionage scandal

CREDIT Suisse CEO Tidjane Thiam has resigned after a boardroom battle over a corporate spying incident. Shares in Credit Suisse dropped four percent at news...
Navinder Sarao in court

Rogue trader’s abortive career ends with home detention order

A BRITISH stock market trader who caused a trillion-dollar crash on Wall Street in 2010 has been sentenced by an American court to a...
Pouring Molten Steel

Press ponders the wisdom and reason for British Steel buy-out

BRITISH Steel late last year announced a “rescue deal” with China's Jingye Group, a move that was expected to safeguard up to 4,000 UK...
Ecommerce illustration

Bezos’ billion-dollar bid to boost India’s SME business

AMAZON founder and CEO Jeff Bezos is launching a £770m bid to bring India’s SMEs online. Bezos said his firm will invest the sum —...
Toy Soldier in Middle East

Tepid growth forecast in World Bank’s 2020 report

THE WORLD Bank forecasts a slight increase in global economic growth for 2020. But the operative word is “slight”: the bank’s prediction is for expansion...
Car dealership

UK car market stalled for fears of ‘emissions laws and Brexit’

NEW UK car registrations in 2019 fell to their lowest level in six years. A total of 2.31m new cars were registered in 2019, down...
Graphic - woman celebrating new job

Employment on the rise in UK with more women finding work

THE UK's unemployment rate is at its lowest level in nearly 45 years, holding a steady 3.8 percent in the three months to October. Figures...
Trainers, sneakers in shop

Walking a mile in China’s shoes likely to cost US shoppers dear

US PRESIDENT Donald Trump may figuratively have shot himself in the foot. Another industry is about to become a casualty of America’s escalating trade war...
World Bank Logo

World Bank believes e-commerce brings tangible rewards in China

E-COMMERCE can flourish in developing countries and in rural areas to create employment opportunities, according to research released by the World Bank and the...