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Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...World - The Guardian - October 15 -
Budget to benefit less affluent shoppers despite hit to business, says Primark owner
ABF warns changes to national insurance and wages will cost it tens of millions but remains optimisticBusiness - Financial Times - 8 hours ago -
Inheritance tax reforms to hit business owners and farmers
Tax relief to be capped on assets worth more than £1mnWorld - Financial Times - 6 days ago -
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Israel races to supply anti-missile shield
Intense war demands have left the IDF relying on the US to fill gaps in air defencesBusiness - Financial Times - October 15 -
Business Owners in Disaster-Hit Areas Should Watch Out for Possible Scams
Widespread relief efforts will help storm-ravaged regions recover, but fraudsters are also in the mix, warn federal agencies.Business - Inc. - October 23 -
Apple Sales Hit Quarterly Record as iPhone Business Rebounds
Apple reported revenue reached an all-time high for the September quarter, propelled by a modest rebound in iPhone sales that came ahead of its release of new artificial-intelligence tools.Business - The Wall Street Journal - 4 days ago -
Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live
Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...World - The Guardian - October 21 -
Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live
Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets. Azerbaijan, the host of the Cop29 global climate summit , will see a large expansion of fossil ...World - The Guardian - October 23 -
UK tax rises acceptable if part of pro-business Budget, CBI says
Rupert Soames believes companies will judge October 30 measures ‘in the round’Business - Financial Times - October 15 -
Indra Seeks Acquisitions to Bolster Defense Business, Executive Chairman Says
The Madrid-listed technology and defense group is involved in active negotiations to absorb more than 10 companies.Business - The Wall Street Journal - October 16 -
Intel seeks billions for minority stake in Altera business, sources say
This move that would represent a sharp about-face from its earlier public messaging about the larger company's prospects.Business - CNBC - October 18 -
Rebecca Minkoff Doubles Down, Says ‘Real Housewives’ Is Good for Business
Minkoff recently announced she was joining the show solely to promote her brand. She thinks it was a sound decision—and now she has the numbers to prove it.Business - Inc. - October 21 -
IBM says AI business is rapidly growing, but that’s not enough to help the stock
IBM’s stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure revenue declined.Business - MarketWatch - October 24 -
Harvard Business School professor says this is the No. 1 'misconception about failing'
Failure is often a catalyst to success, but only if you're failing the right way, says the author of "Right Kind of Wrong: The Science of Failing Well."Business - CNBC - 5 days ago -
Halloween haunted houses are a scary business proposition, operators say
Scaring people for a living is a tough racket. "A bunch of teenagers that say 'Boo!' — that won't fly anymore," one haunted house veteran says.Top stories - CBS News - 5 days ago -
PlayStation Executive Defends Layoffs, Says They Were Necessary To Run A Business
It's been tough times of late at Sony Interactive Entertainment, as the PlayStation company began the year by cutting 900+ jobs and cancelling games. In July, Sony axed a number of positions ...Tech - GameSpot - 5 days ago -
Inheritance tax changes sound ‘death knell’ for family businesses, say owners
Chancellor Rachel Reeves’ first Budget has caused alarmWorld - Financial Times - 5 days ago -
First minister's support for Harris is 'insult' says Trump business
John Swinney called on US voters to back Kamala Harris over Donald Trump in the US election.Top stories - BBC News - 4 days ago -
Trump’s Pro-Business Stance Might Be Outweighed by Chaos, Dealmakers Say
Corporate tax cuts and reduced regulation might not be enough to rise above the uncertainty, likely inflation, and trade wars investors fear would come with a second term for the former president.Business - Inc. - Yesterday -
Is swing state business in better shape than it was four years ago? Here’s what the data says
Was the Biden or Trump administration better for the business climate in swing states? Here's what the data from CNBC's annual Top States study says.Business - CNBC - October 16 -
What America’s small businesses have to say about 2024 (and what they expect in 2025)
Small businesses employ about half of the workers in this country and generate nearly half of the nation’s gross domestic product. So with the election only a couple of weeks away, what’s their ...Politics - The Hill - October 23 -
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UK regulator sets out plans for earlier banker bonuses
Prudential Regulation Authority chief says 8-year deferral period, introduced after financial crisis, could be cut to 5 yearsBusiness - Financial Times - October 18 -
Nvidia’s stock can hit $190 as ‘generational opportunity’ unfolds, says BofA
Nvidia’s free cash flow in the coming years could rival Apple’s, one analyst said.Business - MarketWatch - October 19 -
Israel Steps Up Attacks Near Beirut, Despite U.S. Warnings
Israel carried out a series of strikes near the Lebanese capital on Saturday, killing two people fleeing a vehicle on a busy highway. Defense Secretary Lloyd J. Austin warned Israel to scale back ...World - The New York Times - October 20 -
Global public debt will hit $100 trillion by year-end, says IMF
The IMF warned of the risks posed by unsustainable public debt levels.Business - CNBC - October 23 -
Growth hit by freeze on tax thresholds, says BoE official
‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extensionBusiness - Financial Times - October 24 -
Reeves’ Budget measures risk hitting ‘working people’, analysts say
Some businesses will struggle with tax rises alongside a higher minimum wage and new labour lawsWorld - Financial Times - October 29 -
Rental homes supply will be hit by Budget stamp duty changes, say landlords
Levy on second homes and buy-to-lets raised from 3 per cent to 5 per centWorld - Financial Times - 6 days ago -
Women raped in war-hit Sudan die by suicide, activists say
Several women raped by paramilitary fighters in Gezira state have taken their own lives, activists say.Top stories - BBC News - 5 days ago -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - 5 days ago -
Treasury should have told us about overspend by law, says OBR
Richard Hughes, chair of the Office for Budget Responsibility, says officials have questions to answer as to why details of an overspend were not shared.Top stories - BBC News - 26 minutes ago