Financial Express - Business News, Stock Market News

J&K or Chidamabaram: If courts don’t intervene in time, it’s meaningless: Anand Sharma

. As per some conservative numbers, we have lost three-and-a-half to six million jobs in the last three months, not less than that. MANOJ C G: How bad is it for the Congress, in terms of optics and perception, to have one of your senior leaders, P Chidambaram, arrested in an alleged case of corruption? […]

Continue Reading
Financial Express - Business News, Stock Market News

NarendrModi in France: PM raises Jammu and Kashmir, says it took 70 years to remove the word ‘temporary’

On fighting terrorism, he said, “We have fought imperialism, fascism and extremism, not only in India but also on the soil of France. Our friendship is built on solid ideals. A DAY after French President Emmanuel Macron said India and Pakistan should resolve the Kashmir issue bilaterally, Prime Minister Narendra Modi said on Friday that […]

Continue Reading
China hits back at Trump with tariffs on $75bn of American goods

China hits back at Trump with tariffs on $75bn of American goods

China has raised tariffs on around $75bn of US imports in retaliation for Donald Trump’s latest tariff increases, further escalating trade tensions that risk tipping the world economy into recession. Tariffs of 10 per cent and 5 per cent on two tranches of goods will come into effect on 1 September and 15 December, China’s […]

Continue Reading
‘Betrayed’ investors in Kevin McCloud’s eco housing business told they could lose most of their money

‘Betrayed’ investors in Kevin McCloud’s eco housing business told they could lose most of their money

Small investors who have sunk millions of pounds into the eco-friendly building business of Kevin McCloud, one of Britain’s favourite property show presenters, have been told they could lose up to 97 per cent of their money.  Mr McCloud, who has presented Channel 4’s Grand Designs for two decades, has promised investors returns of up […]

Continue Reading
Hong Kong protests could trigger global recession, warns Harvard economist

Hong Kong protests could trigger global recession, warns Harvard economist

Hong Kong’s ongoing political unrest could trigger a global economic slowdown or even a recession, a Harvard University economist has said. Carmen Reinhart​ cited Hong Kong as among her main concerns among a series of shocks that have rattled global growth, including the intensifying US-China trade war. “One shock that is concerning me a great deal at […]

Continue Reading
US toy maker Hasbro buys Peppa Pig owner Entertainment One for £3.3bn

US toy maker Hasbro buys Peppa Pig owner Entertainment One for £3.3bn

US toy maker Hasbro has bought the UK-listed owner of Peppa Pig for about £3.3bn. The deal is the latest in a string of foreign purchases of UK-listed firms and comes days after pub chain Greene King was bought by Hong Kong real estate group CKA for £4.6bn. Hasbro, maker of Monopoly and My Little […]

Continue Reading
Morrisons sheds 400 jobs as it closes four stores

Morrisons sheds 400 jobs as it closes four stores

Hundreds of supermarket workers are facing redundancy after Morrisons has revealed it will close four stores.  After suffering a fall in sales in the past three months, the UK’s fourth-largest supermarket chain said the closures were part of a constant review of its portfolio of 494 stores. The Crawley and Swindon stores are due to shut, each […]

Continue Reading
UK signs £15bn trade deal with South Korea in bid to soften blow of losing £634bn in free trade with EU after Brexit

UK signs £15bn trade deal with South Korea in bid to soften blow of losing £634bn in free trade with EU after Brexit

Britain signed a trade agreement with South Korea on Thursday, clinching its third-largest deal that will allow continued free trade after Brexit.  The government said the deal will protect annual trade flows between the two countries, which were worth £14.6bn last year. That amounts to around 1 per cent of Britain’s total trade, and 2 per […]

Continue Reading
CNBC logo

Russia launches life-size humanoid robot into space

The Skybot F-850 Roscosmos Russia has launched a life-size humanoid robot into space for the first time to carry out tasks considered too dangerous for humans. The Skybot F-850 started its journey to the International Space Station (ISS) at 2:38 a.m. London time, when it lifted off from the Baikonur Cosmodrome in Kazakhstan aboard the […]

Continue Reading
CNBC logo

US, China and other allies expected not to sign joint communique

A view shows the Hotel du Palais summit venue ahead of the G7 Summit in the French coastal resort of Biarritz, France, August 21, 2019. REUTERS | Regis Duvignau The Group of Seven (G-7) summit is set to end without a joint communique for the first time in its 44-year history, after French President Emmanuel […]

Continue Reading