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UK & World
Borrowers expecting mortgage rates to drop have hopes dashed
Nearly all the major mortgage lenders in the UK have announced increases in the cost of home loans in recent days.
Carney says US trade war 'will come at a cost' as Canada strikes back on tariffs
Prime Minister Mark Carney has said that Canada's pivot away from the US as its largest trading partner "will come at a cost", as a wave of Canadian retaliatory tariffs on American goods come into force.
FTSE 100 today: Stocks edge lower as miners rise, copper hits record
Dec 23 (Reuters) - London's FTSE 100 ended higher on Tuesday, supported by gains in shares of banks and miners amid thin trading volume ahead of the Christmas break.
Heathrow and Gatwick among airports hit by air traffic control problems
Flights from airports in the UK and Ireland are being heavily disrupted by a technical problem affecting the air traffic control provider Nats.
U.S.-Canada tariff escalation: 4 sectors most exposed to the trade shock
A newer Economic Brief has been released that updates this analysis with the April 2 tariff announcement of a global tariff plan.
Brent advances toward $100/bbl after Iran threat to Gulf energy infrastructure
Crude oil is creeping back toward the psychological $100-a-barrel mark, and the reason is hard to miss: Iran. The latest oil price surge tied to Iran’s threats against Gulf energy infrastructure accelerated this week af…
HSBC explains why risk assets continue to ignore every negative catalyst
The S&P 500 is riding a historic 329-session streak of upward momentum, but major Wall Street institutions are warning that this prolonged resilience could be threatened by rising leverage and looming stagflation.
AI will cure cancer in our lifetime, claims boss of UK chip giant
The boss of the biggest UK-headquartered tech firm has said that artificial intelligence will find a cure for cancer that humans cannot in our lifetimes.
The Economy Appears to Be Heating Up - So Are the Headwinds
Will some banks’ AI ambitions be thwarted by their brittle and fragmented data infrastructure?
Argentina to file criminal case against oil company operating in Falklands
The Argentine government has said that it will file criminal charges against oil company Navitas Petroleum for operating in seas off the Falkland Islands.
UK's third-biggest taxpayer to leave for Greece
A hedge-fund billionaire and one of the UK's richest taxpayers has decided to leave the UK for Greece, the BBC understands.
'Tirana teeth': Albania hopes to be the new Turkey for dental work
Anthony Hook is sitting in a dentist's chair, grinning toothily into a handheld mirror. He has been asked to pose for photos showing off his new smile â and he is only too happy to oblige.
'JLR job cuts a cause for uncertainty and worry'
News that Jaguar Land Rover (JLR) was to cut 4,000 jobs was a cause for uncertainty and stress for company workers and those in the wider supply chain, experts have said.
The firms turning recruitment into X Factor-style competitions
Yumi Liberman was up on stage in front of a panel of judges and an audience of 300 people, and she had to perform.
Scammers demand ransoms from Instagram users over fake copyright claims
Instagram creators say they have lost thousands of pounds after their accounts were suspended or taken down due to fake copyright claims.
Canada braces for prolonged trade war as counter-tariffs on US take effect
Canada's retaliatory tariffs on a range of US goods came into effect on Tuesday, with no sign of a trade deal on the horizon.
A Record US-China Yield Gap?
China is turning seeds into a strategic frontier — balancing domestic food security needs with global ambitions in agricultural supply chains, biotech dominance and the geopolitics of food production. Researcher Genevie…
China exports surge 25% in August, trade surplus widens
China's overseas shipments picked up momentum in August, continuing to serve as a crucial pillar for an economy contending with weak home demand and global trade uncertainties. Customs figures issued on Tuesday showed e…
Trump threatens to stop sale of Canadian Bombardier jets in US
President Donald Trump has warned Canadian aircraft company Bombardier that it can no longer sell in the US unless it moves its manufacturing there.
Japan Q2 GDP growth revised higher, supporting case for BOJ rate hike
TL;DR: Strong Japanese GDP and wage data have pushed a September BoJ hike to near-certainty, and while AUD/JPY and NZD/JPY are both falling on Yen strength, the underlying stories differ — Australia’s hawkish RBA narrat…
'I performed on stage to get my first job' - the firms turning recruitment into competitions
Yumi Liberman was up on stage in front of a panel of judges and an audience of 300 people, and she had to perform.
AI cancer cures slowed by chip shortage, says UK's biggest tech boss
The boss of the biggest UK-headquartered tech firm has said that artifical intelligence will find a cure for cancer that humans cannot in our lifetimes.
Next wins key appeal to overturn £30m equal pay ruling
Next has won an appeal allowing it to keep paying warehouse workers a higher hourly rate than shop floor staff in a long running battle over equal pay.