Latest Stories All Stories

Business
Euro News
Fed holds US interest rate steady in June warning of just one possible cut this year
Business
Sky News
US interest rate forecast to be cut just once in 2024
US interest rates are to be cut just once this year, according to updated forecasts from its central bank.The cost of US borrowing was kept at a more than 20-year high despite news on Wednesday that inflation, the rate of price rises, fell to the lowest level in more than three years at 3.4%. The …
Business
Sky News
Man arrested in investigation into PPE Medpro
A 46-year-old man has been arrested as part of a National Crime Agency investigation into PPE Medpro.The NCA is looking into suspected criminal offences in the procurement of PPE contracts by the consortium. The suspect, from Barnet, north London, was held at his home on Wednesday morning, the agency said.He was arrested on suspicion of …
Business
Sky News
Investigation into predecessor to Post Office’s Horizon software to report in autumn
An investigation into the accounting software the Post Office used before its controversial Horizon system has begun contacting sub-postmasters and is due to report its findings in the autumn, it has been announced.Risk advisory and financial solutions company Kroll has been appointed to conduct an independent, forensic investigation into the system called Capture which was …
Business
Euro News
European stocks, single currency rally as US inflation cools more than expected
Business
Sky News
Korean ramen products at risk of causing ‘acute poisoning’ recalled
Denmark’s food agency has recalled three South Korean spicy instant ramen noodle products – warning consumers they are so hot they might cause “acute poisoning”.The Samyang Foods products being withdrawn are Samyang Buldak 3x Spicy & Hot Chicken, 2x Spicy & Hot Chicken and Hot Chicken Stew. The agency issued the warning on Tuesday and …
Business
Business Live
HSS shares slide as Amey ends nine-year rental contract
HSS Hire Group saw its share price plummet by 10% on Wednesday after it disclosed that a key client had chosen to switch to a different supplier for its equipment rental services. The contract with Amey represented approximately 7% of HSS’s revenues and a tenth of its adjusted earnings in 2023, according to the company. …
Business
Sky News
EU threatens additional tariffs on Chinese electric cars
The European Union has said it will slap tariffs on Chinese made electric vehicles from next month, the latest strike in an escalating trade war between Europe, the US and China.The bloc has announced tariffs of up to 38.1%. This will come on top of the existing tariff of 10%. The move comes after an …
Business
Evening Standard
Tools hire group HSS shares slide after losing major contract
Tools and equipment hire group HSS has seen its share price tumble by a tenth on Wednesday after revealing that a major client was walking away from a contract.HSS Hire Group told shareholders that infrastructure business Amey had decided to switch to a different supplier for its equipment rental services.The deal with Amey had accounted …
Business
Evening Standard
Whisky maker in talks with union in bid to avert strike action at distilleries
Further talks between whisky maker Whyte & Mackay and members of the GMB union are taking place as the drinks manufacturer attempts to “mitigate” planned industrial action at three of its distilleries.GMB Scotland members at the company’s Dalmore and Invergordon distilleries in Ross and Cromarty and Tamnavulin in Moray recently voted to walk out after …
Business
Evening Standard
Stalled UK growth ‘is a blip’ not a new downturn, City experts say
City economists today said the stalling of economic growth in April will prove to be a “blip” that should not prevent continued recovery from last year’s brief recession. Latest data from the Office for National Statistics showed that GDP did not advance in the month — in line with City forecasts — following a 0.4% surge …
Business
Euro News
French IT company Atos accepts Onepoint’s restructuring plan

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources