Accenture warns Musk’s Doge-led spending crackdown is hitting revenues
Consulting group says US government purchases have slowed and global economic uncertainty has risen
Read more at Financial Times
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Accenture is DOGE's first corporate casualty as shares dive on warning that contracts will be cut
Shares of Accenture slid more than 7% on Thursday after the consulting firm said tighter federal spending efforts have begun to weigh on its revenues.CNBC - 6h -
Trump’s Trade War Will Slow Global Economic Growth, OECD Says
Growth outlooks in the United States and several other countries are projected to slow this year and next, as uncertainty on trade and economic policy takes a toll.The New York Times - 2d -
Airline CEOs warn domestic travel demand is slowing
Airline CEOs say economic uncertainty and a drop in government travel is driving down domestic travel demand.CNBC - Mar. 11 -
Government debt interest costs hit highest level since 2007
Payments surpass defence spending and have risen to 3.3% of GDP for richest countries, says OECDFinancial Times - 17h -
Delta warns on profit as economic ‘uncertainty’ dents US demand
Shares tumble more than 12% after-hours as carrier cuts quarterly revenue and earnings outlook by halfFinancial Times - Mar. 10 -
Top shipping broker Clarksons says war and Trump tariff fears have hit revenues
Shares in FTSE 250 company fall by nearly a fifth as geopolitical turmoil pushes down freight rates. Business live – latest updates The world’s biggest ship broker has warned that geopolitical ...The Guardian - Mar. 10 -
Major US airlines warn demand is slowing
In addition to two major crashes, airlines point to the uncertain economic future, plummeting government travel and reductions to corporate travel.ABC News - Mar. 11 -
Trump trade wars are slowing global growth and fuelling inflation, says OECD
Economic organisation downgrades forecasts for growth in UK as well as US, Canada and Mexico due to tariffs. Business live – latest updates Donald Trump’s trade wars are splintering the global ...The Guardian - 3d -
Bank of England holds interest rates, warns global trade uncertainty has intensified
The Bank of England on Thursday announced its latest interest rate decision, warning of increased global uncertainty.CNBC - 14h
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Heathrow airport closed after fire breaks out
Blaze at nearby electrical substation causes power outage at UK’s main transit hubFinancial Times - 30m -
Starmer shifts from boots on the ground in Ukraine to air and sea defence
UK prime minister hosts meeting of senior armed forces figures from 31 nationsFinancial Times - 8h -
America needs what Canada sells
The US president has to understand that economic warfare will hit his own people in their pocketbooksFinancial Times - 9h -
The promise of the fifth estate is being squeezed
After social media rattled the old gatekeepers of information, new digital ones have emergedFinancial Times - 12h -
European military powers work on 5-10 year plan to replace US in Nato
UK, France, Germany and Nordics among countries engaged in informal discussions over a managed transferFinancial Times - 6h
More in Business
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China’s bond yields are rising — but economists say deflation worries could soon pull them lower
Chinese commercial banks across the country have rushed to dole out cheaper consumption loans, heeding Beijing's call to bolster spending.CNBC - 19m -
Heathrow airport closed after fire breaks out
Blaze at nearby electrical substation causes power outage at UK’s main transit hubFinancial Times - 30m -
Elon Musk received court summons in SEC suit over failure to properly disclose Twitter stake
Elon Musk received a summons in connection with the SEC's lawsuit over his alleged failure to properly disclose his Twitter stake before buying the company.CNBC - 2h -
Japan core inflation rose 3% in February, bolstering expectations of interest rate hikes
Japan's core inflation beat expectations and came in at 3% in February, government data showed on Friday, bolstering the case for further interest rate hikes.CNBC - 3h -
Tesla owners are trading in their EVs at record levels, Edmunds says
Data from Edmunds shows that Tesla owners have been trading in their vehicles at record levels since CEO Elon Musk joined Trump's White House.CNBC - 3h