Bank of England expands measures on UK ‘financial stability’ concerns
The Bank of England is responding to high UK bond yields since the government unveiled debt-driven tax cuts
London (AFP) - The Bank of England...
Winter power shortage won’t worry the Swiss Valley off the grid
Seaview (Switzerland) (AFP) - As people across Europe are urged to save energy next winter to avoid a power shortage, Switzerland's Bavuna Valley is...
Stocks and oil prices fall on recession fears
Fear is growing that further large interest rate increases will push economies into a deep recession. The mood also prevailed, with the worsening war...
The European Union cuts energy use and taxation of energy companies
The European Union plans to cut energy use by "at least five percent" during peak hours, according to a commission document seen by AFP.
Brussels...
The losses caused by Hurricane Ian, in the billions, will slow down growth in...
Residents of mobile homes clean up debris in the aftermath of Hurricane Ian in Fort Myers, Florida, on September 29, 2022
New York (AFP) -...
Mixed day for stocks as European inflation rises
A woman holds a torch during a demonstration against rising energy prices and the increasing cost of living during a national demonstration in Brussels...
A strong US dollar is an unstoppable force that puts other currencies at risk
The US dollar made amazing gains against other currencies amid rising interest rates, bringing back memories of the Asian financial crisis
New York (AFP) -...
No Terminator: Musk provokes ‘helpful’ robots
Elon Musk says Tesla's human-developed Optimus robot could cost less than $20,000 and end up doing most of the work while people reap the...
The UK housing market has been affected by the budget fallout
Analysts expect UK house prices to lead into prolonged stagnation
London (AFP) - Britain's housing market has been battered by the British government's extravagant budget,...
France’s Total Energy pumps $1.5 billion into Qatari gas
France's Total Energy plans to pump $1.5 billion into boosting gas production from Qatar's huge North Field, on top of more than $2 billion...