Thursday, 5 November 2026
Independent coverage of global markets, trade and finance
Channel 4 is poised to cut about 300 jobs – about a quarter of its workforce – in the biggest round of layoffs in its 43-year history, as the broadcaster seeks to dramatically cut costs.
The boss of one of the UK’s biggest chip companies has claimed AI will be able to find a cure for cancer “in our lifetime”.
Ozon Bank (a subsidiary of the Ozon marketplace) has launched a pilot program to offer auto loans. The project is currently available to a select group of customers, the bank told Interfax.
David Roberts is not in an optimistic mood. The chair of Coventry-based Evtec may preside over a business with 900 highly skilled employees, multiple sites and precision machinery, but the outlook for the manufacturer a…
France Football magazine has named the nominees for the Johan Cruyff Trophy—an award presented annually to the best soccer coach. The winner will be announced on October 26 at the Ballon d’Or awards ceremony, which will…
The rollout of renewable energy in Catalonia continues to move forward at a slow pace, despite the urgent need to electrify the region’s economy and industry. However, although renewable energy’s share of the electricit…
The European Commission is paving the way to allow local governments to impose restrictions on second homes and short-term rentals in areas most threatened by the housing crisis sweeping the continent. The regulation do…
SINGAPORE – A surge in the Japanese yen and mixed economic data sent Asian stocks lower on Sept 8, while fresh Iranian threats in the Gulf drove commodity prices and Treasury bond yields higher.
The Catalan Government will raise the spending cap for the 2027 budget to 43,191 million euros, representing a 4.9% increase over the previous year—about 2,000 million more. The figure is expected to be approved this Tu…
The hedge fund billionaire Chris Rokos is poised to leave the UK, the latest in a string of high-profile exits among Britain’s super-rich.
Counter-measures covering several sectors come after Trump announced 50% tariffs on Canadian goods
While the UK and Italy are making progress, France and Germany’s joint venture came to nothing, and the prospect of more countries pulling together seems way off
French vineyards hit by severe drought and heatwaves are expected to report a 30-year low in wine production after the country’s hottest ever recorded summer, according to the agriculture ministry.
The UK retailer Next has overturned a 2024 court ruling forcing it to pay its shop staff the same higher basic pay rates as its warehouse workers under equal pay rules.
Jaguar Land Rover has announced thousands of job cuts in a “body blow for workers” as it grapples with tough trading conditions, Donald Trump’s tariff wars and the fallout from a cyber-attack.
UK house prices have fallen for the first time in almost three years, as prospective buyers were squeezed by higher mortgage rates, geopolitical uncertainty and stretched affordability.
Since the U.S. and Israel launched strikes on Iran on February 28, jet fuel prices in the U.S. have more than doubled. According to data from the Energy Information Administration (EIA), the year-to-date percent change …
The chair of the UK government’s “moonshot” science and technology research unit has been forced to stand down after taking a job with the San Francisco AI firm Anthropic, after warnings from senior MPs that the move cr…
The chancellor may have thought about shifting the venue of his first major speech this morning.
Iran’s joint military command said the Strait of Hormuz remained closed and warned that regional oil, gas, electricity and economic infrastructure would be targeted if the United States carried out President Donald Trum…
John Healey has said boosting economic growth will be his defining mission as chancellor as he warned Labour had to “be honest” about the need to control public spending at next month’s budget.
Grindr will pay £26m to settle a lawsuit brought by thousands of users in the UK who allege that the US dating app shared highly sensitive personal information, including in some cases their HIV status, with advertising…
Britain’s biggest private hospital operator has agreed to a £1bn takeover by a hedge fund manager known as “the Rottweiler” for his aggressive business tactics.
Hundreds of small UK TV companies have so little cash in reserve that a filming overrun or a delay to a series could send them bust, an industry body has warned, as programme budget cuts by broadcasters threaten their f…