Business

Germany would face costs almost six times as high as Brexit if it and the European Union were to shut China out of their economies, the Ifo institute said on …

Trade war with China could cost Germany six times as much as Brexit, study says Read More

A measure of Australian business confidence rebounded in July as sales and profits held up surprisingly well in the face of rising interest rates and high inflation, though firms also …

Australia business activity booms in July, costs surge Read More

Snap Inc (SNAP.N) is in early stages of planning layoffs, the Verge reported on Monday, citing people familiar with the plans. The scope of the job cuts is currently unclear …

Snap plans to lay off employees Read More

Langfang city has recently dropped all curbs on home purchases to boost buyer interest, the Beijing Daily reported on Tuesday, the first Chinese city to publicly make such an announcement …

Chinese city drops all home purchase restrictions to boost demand Read More

Rising interest rates are helping Legal & General’s (LGEN.L) business, its chief executive said on Tuesday as the British life insurer recorded an above-forecast 8% rise in first-half operating profit …

Rising interest rates boost Legal & General, CEO says Read More

The Bank of England would press on with plans to gradually sell its vast stock of British government bonds even if an economic slowdown eventually forces it to cut interest …

Bank of England would sell gilts even if it cuts rates in future, Ramsden says Read More

Germany’s economy will lose more than 260 billion euros ($265 billion) in added value by 2030 due to the Ukraine war and high energy prices, spelling negative effects for the …

German economy to lose $265 billion in added value due to war, high energy prices, study says Read More