Latest in HSBC to exit parts of investment banking business in UK, US and Europe
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Ukraine war briefing: Zelenskyy hails ‘significant blow’ of US-UK sanctions on Russian oil and gas revenues
Ukrainian president says the less Moscow earns from oil, ‘the sooner peace will be restored’; Kyiv claims attack on Russian military facility. What we know on day 1,053. See all our Ukraine ...The Guardian - Jan. 11 -
US and UK toughens sanctions on Russian oil industry
The actions are aimed at cutting off revenue Moscow is using to fund its war in Ukraine.BBC News - Jan. 11 -
UK businesses back scheme to prevent repeat offending
Prisons minister James Timpson’s initiative will see people on probation and serving sentences outside jail helped into workFinancial Times - Jan. 10 -
Amazon aims to expand advertising business by letting retailers use its ad tools on their stores
Amazon Retail Ad Service will allow sites to show "contextually relevant ads in the right place and at the right time" in search results, the company said.CNBC - Jan. 9 -
How business is bracing for a US-China trade war
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...The Hill - Jan. 9 -
Fund managers to warn FCA over US activist’s plans to shake up UK trusts
Saba Capital has taken stakes in seven trusts and called on investors to vote for changes to their boardsFinancial Times - Jan. 9 -
How Service-Based Businesses Can Use Tech Strategies to Unlock Growth Capital
Should you spin off a tech venture, or use tech to enhance your existing business?Inc. - Jan. 8 -
Mexico’s president calls for parts of US to be renamed ‘Mexican America’
Donald Trump’s vow to rename Gulf of Mexico the ‘Gulf of America’ is latest dig to neighbouring countriesFinancial Times - Jan. 8 -
Justice department to release part of Trump election interference report, leaving out documents case – US politics live
Department of Justice to release details on Jack Smith’s investigation into attempts to overturn 2020 result but withhold Mar-a-Lago documents portion . Outgoing secretary of state Antony Blinken ...The Guardian - Jan. 8 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
Piers Morgan targets US after YouTube venture buyout from Rupert Murdoch’s News UK
British presenter’s production company to acquire his ‘Uncensored’ showFinancial Times - Jan. 8 -
Six big US banks quit net zero alliance before Trump inauguration
Exodus from target-setting group is attempt to head off ‘anti-woke’ attacks from rightwing politicians, say analysts. • Business live – latest updates . The six biggest banks in the US have all ...The Guardian - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
Pentagon blacklisting of China’s EV battery maker puts US banks in bind
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groupsFinancial Times - Jan. 8 -
Europe can still win in AI despite US dominance, says Skype co-founder
Niklas Zennström believes continent can thrive by developing applications on top of artificial intelligence modelsFinancial Times - Jan. 8 -
Surgeon general offers 'parting prescription' for US
Outgoing U.S. Surgeon General Vivek Murthy offered a “parting prescription” to the U.S. in a document released Tuesday. “As I finish my tenure as Surgeon General, this is my parting prescription, ...The Hill - Jan. 7 -
Emirati billionaire investing $20B in US to build data centers
President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United States “over a very short period of time” to build data centers across the ...The Hill - Jan. 7 -
Bangladesh requests UK minister’s bank account details in corruption probe
UK City minister Tulip Siddiq under scrutiny for links to ousted regime of her aunt Sheikh HasinaFinancial Times - Jan. 7 -
Deutsche Bank says it’s now overweight Europe stocks vs. the U.S. Valuation is just one reason.
There’s never been a bigger valuation gap between European and U.S. stocks, and that’s not the only reason why Deutsche Bank now says it prefers equities on the Continent on a tactical basis.MarketWatch - Jan. 7 -
Rain and snow lead to flooding and disrupt travel in parts of the UK
People have been rescued from flooded homes and stranded cars as a soggy and cold spell continued to disrupt life across parts of the U.K. as more wintry weather was expectedABC News - Jan. 6 -
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.CNBC - Jan. 6 -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6 -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - Jan. 5 -
Europe is not a business backwater
Comparisons with the US stock market undersell the continent’s companies and their potentialFinancial Times - Jan. 5 -
Watch: Snowy Sunday in parts of the UK
Many people in the north of England and Wales woke up to wintery scenes.BBC News - Jan. 5 -
The UK does have a special relationship – but it’s with Europe | William Keegan
The government is only deceiving itself by trying to ‘make Brexit work’ and forlornly pursuing a trade deal with Trump. Walter Scott knew a thing or two: “Oh what a tangled web we weave/When first ...The Guardian - Jan. 5 -
Parts of UK disrupted as snow and freezing rain arrive – live
Police report road collisions and warn motorists only to travel if necessary while power cuts affect parts of England and Wales. National Highways warned a “spell of disruptive snow” would spread ...The Guardian - Jan. 4 -
Is Europe dream a reality for Bournemouth?
Bournemouth are on a club-record unbeaten run in the Premier League and are just three points off the top four, so could the dream of European football become a reality?BBC News - Jan. 4 -
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Blinken heads to Asia, Europe on last expected trip as top US diplomat
Secretary of State Antony Blinken will embark on what is expected to be his final overseas trip in office this weekend, traveling to South Korea, Japan and FranceABC News - Jan. 3 -
Labor groups cheer Biden dismissal of US Steel sale as businesses bristle
Labor groups applauded as businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over ...The Hill - Jan. 3 -
This will be the year of investing dangerously
Investors have no clue what the returning President Trump will actually doFinancial Times - Jan. 3 -
UK businesses issued with record fines for filing accounts late
Companies continue to struggle with rising costs and higher interest rates in the aftermath of the pandemicFinancial Times - Jan. 3 -
UK rapper Stormzy banned from driving for using phone behind wheel of Rolls-Royce
British rapper Stormzy has been banned from driving for nine months after admitting that he drove his Rolls-Royce through London while using his phoneABC News - Jan. 2 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Job losses at Europe’s car parts suppliers soar as vehicle market slows
Falling sales growth and excess capacity have led to sector pain that the EV transition is not easingFinancial Times - Jan. 2 -
Parts of UK flooded by heavy rain as wild weather continues to disrupt New Year events
Parts of the U.K. have been swamped by heavy rains and powerful winds that disrupted New Year’s celebrationsABC News - Jan. 1