Economy & Money
European economy, markets, the euro, ECB, inflation and business.
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India's 'blue gold' starts a new drinks industry
Agave plants grow wild in India and new distillers are using them to create a spirits industry.
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My friends always want to split the bill equally, how do I say no?
It is never easy to speak up when a fellow diner says "let's just divide it!"
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Villagers take fight against Lidl store plans to Welsh government
Residents in the area do not want a store on land separating Llantwit Major and Llanmaes.
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Why does your World Cup pint cost so much this time round?
Pub landlords explain why they have no choice but to charge more.
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IMF warns against further relaxation of euro area fiscal rules
The IMF has urged euro area countries to tighten their fiscal policies rather than relaxing them further in response to the energy…
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Musk’s xAI fired engineer for raising concerns about Grok chatbot, lawsuit claims
Former xAI engineer Devin Kim alleges he was illegally fired for trying to implement safety mechanisms for the chatbot A former en…
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SpaceX heads for record $1.78tn float amid fears it is overvalued
Analysts say IPO that could make Elon Musk the world’s first trillionaire has a ‘major disconnect’ on price Elon Musk’s SpaceX is …
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SpaceX's stock market blast-off could be Musk's biggest gamble yet
SpaceX is preparing for a stock market debut that could transform the company, the wider market and Elon Musk's fortune.
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Hugo Boss shares jump as it ‘thoroughly examines’ Frasers’ takeover offer
Mike Ashley’s retail group has made near-€2bn bid for the German fashion house, in which it holds a 26% stake Business live – late…
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Dozens of crisis payments handed out by council
Many of the completed payments have gone to low income families with surging heating oil costs.
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Global growth is slowing to lowest level since pandemic, says World Bank
Forecast for this year downgraded to 2.5% and inflation expected to jump as a result of war in the Middle East Global economic gro…
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Paper plant closure fears spark community protest
Workers and families held a demonstration with 167 jobs at risk at the site in Launceston.
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BT boss takes home £5.6m as pay and bonus package more than doubles
Allison Kirkby pocketed the payment after BT’s share price surged nearly 80% The chief executive of BT saw her pay and bonus packa…
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Will UK interest rates go up?
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.
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Christine Lagarde, Boris Vujčić: Monetary policy statement (with Q&A)
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ITV says its biggest-yet World Cup is a ‘six-week Super Bowl’ for advertising
Broadcaster reveals revenues from expanded tournament are running about 30% higher than for Euro 2024 The World Cup will be the mo…
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ECB raises interest rates for the first time in three years as Iran war fuels inflation
The European Central Bank has lifted its deposit facility rate by 0.25% to 2.25%, marking a decisive pivot back to tightening as t…
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Monetary policy decisions
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Huge private equity software bets most at risk as investors face returns squeeze, Apollo says
Apollo's deputy global head of private equity warned that PE investors should prepare for a "bifurcation" in returns.
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Why U.S. AI giants like Anthropic, OpenAI are launching major expansions in London
The U.K. capital has become a key growth target for many of the world's most talked about AI companies.
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Anthropic pledges more than €170 million to study AI's impact on jobs
Anthropic unveiled a research fund and a policy roadmap for governments to follow if AI pushes unemployment sharply higher, with t…
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Trump says 'I love the inflation' as US prices rise at fastest rate in three years
The US president later said he had meant that he actually loved that inflation was not higher.
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China’s Jingye seeks compensation from UK over British Steel takeover
Sources say firm is asking for more than £1bn in row that could put pressure on two countries’ relationship Business live – latest…
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Hugo Boss pops 8% after top shareholder Frasers launches $2 billion takeover offer
British retail group Frasers owns a roughly 26% stake in Hugo Boss.