Money

The UK economy grew at a faster rate than initially thought in the first three months of 2018, raising hopes for a pick-up in growth after the sluggish start to the year. The Office for National Statistics unexpectedly...

The world economy faces a looming “care crisis” risking further division between men and women across the planet, according to a UN report calling for governments and companies worldwide to spend at least an extra $7tn...

Greene King sold half a million extra pints during England’s World Cup thrashing of Panama, and the team’s progress to the knockout stages is likely to provide an unexpected boost to the bottom line of Britain’s biggest...

Homebase is cutting 300 jobs at its Milton Keynes head office amid speculation that up to 80 stores will close after its takeover by the restructuring specialist Hilco. The loss-making DIY chain was bought by the owner of HMV...

Germany vs. South Korea kicks off at 4 p.m. German time. And only around 30 percent of German workers are expected to keep their noses to the grindstone until the end of their shift. But skiving...

There is good news from Berlin. The new airport is finally open, however only for Volkswagen since they want to park thousands of unsold cars there. At the same time, some employees won’t have to work...

The US is preparing regulations that would severely limit China’s ability to invest in US firms making “industrially significant technology.” The move marks yet another escalation in the bilateral trade conflict. The US Treasury is drafting...

Business confidence among German managers dipped again in June, a forward-looking monthly barometer by the ifo think tank has shown. Current trade conflicts are not the only headache for executives. German business confidence deteriorated in June,...

  Saudi Arabia has started to issue driver’s licenses to women again. On Sunday, the first female drivers were able to get behind the wheel. But how much will the Saudi economy benefit from their new...

China’s central bank has said it will further reduce the reserve requirement ratio for the majority of lenders in the country. The move is intended to ensure enough funding for firms amid growing trade tensions. China’s...