UK Housing Market Cools Amidst Weak Demand and High Costs
Business & Markets • 2 months ago
Sales, prices, and buyer inquiries decline as mortgage rates and property values deter potential buyers.
Business & Markets News
Japanese Company Sells 'Human Fridges' Amidst Intense Summer Heat
Business & Markets • 2 months ago
The 'Do Hiemon' cooling units offer a novel solution for businesses and public spaces to combat record-breaking temperatures.
Toyota Recalls 655,000 Camrys Globally Over Display Defect
Business & Markets • 2 months ago
The defect can disable safety indicators like turn signals and hazard lights, increasing the risk of a crash.
CoreWeave Stock Jump Boosts AI-Focused Companies
Business & Markets • 2 months ago
The cloud computing firm's significant stock increase on Tuesday reverberated through the sector, lifting shares of other businesses involved in artificial intelligence development.
UK Economy Faces Severe Slowdown Amid Iran Conflict, Treasury Warns
Business & Markets • 2 months ago
Treasury officials project growth could plummet to 0.3% in 2027 if the Strait of Hormuz remains disrupted, while inflation is also expected to rise.
UK Economy Faces Significant Slowdown Amid Iran Conflict, Treasury Warns
Business & Markets • 2 months ago
Treasury officials project growth could fall to 0.3% in 2027 if the Strait of Hormuz remains disrupted, with inflation also expected to rise.
Frasers Group Eyes Harvey Nichols Acquisition Amid Retail Shake-Up
Business & Markets • 2 months ago
Mike Ashley's Frasers Group is reportedly close to acquiring luxury department store Harvey Nichols, seeking to re-establish its footing in the high-fashion market.
Australia's Largest Aluminium Smelter Secures $2.5 Billion Bailout
Business & Markets • 2 months ago
Government intervention aims to prevent closure of the Tomago facility, preserving thousands of jobs and securing the future of Australian manufacturing.
US Stocks Fluctuate Amid Inflation Data and AI Sector Surge
Business & Markets • 2 months ago
Market indices saw mixed performance as investors weighed inflation figures against strong earnings from AI companies and geopolitical tensions.