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Britain’s Liz Truss to hold emergency talks with budget watchdog

Britain’s Prime Minister Liz Truss and Britain’s Chancellor of the Exchequer Kwasi Kwarteng. Dylan Martinez | Afp | Getty Images The IMF has since given a damning verdict of the measures laid out in the mini-budget, saying they will “likely increase inequality” and that the U.K. government should “consider ways …

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Is the UK now a buy? Analysts weigh in after market meltdown

A security guard stands outside the London Stock Exchange building on December 29, 2020. Tolga Akmen | AFP via Getty Images U.K. bond markets and the pound went into freefall this week as investors balked at the new government’s fiscal policy announcements, and some analysts believe opportunities are arising. The …

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Here are the top 15 start-ups to work for in Singapore

The days of easy money for start-ups are gone as interest rates soar and economic uncertainties loom. But according to a new study from LinkedIn, these 15 start-ups have risen above these challenges in Singapore.  In particular, fintech, education and telehealth start-ups dominated the list on the “LinkedIn Top Start-ups …

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Jobless claims hit five-month low despite Fed’s efforts to slow labor market

A person arranges groceries in El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., August 19, 2022. Sarah Silbiger | Reuters Initial filings for unemployment claims fell last week to their lowest level in five months, a sign that the labor market is strengthening even as the Federal …

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Australia’s house prices fall, interest rates rise but analysts say no crash yet

Newly built houses in the Denham Court suburb of Sydney, Australia. Mortgage rates have fallen to below 2% in recent years, but interest rates are rising rapidly in Australia. Bloomberg | Bloomberg | Getty Images SYDNEY — In a country where real estate ownership dominates barbecue conversations and dinner parties, …

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Nike (NKE) earnings Q1 2023

A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso, Texas on November 26, 2021. Paul Ratje | AFP | Getty Images Nike on Thursday said it had a strong first fiscal quarter despite supply chain issues, as well as …

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Singapore Grand Prix is tough but he’s excited

After a two-year hiatus thanks to the pandemic, the Singapore Grand Prix — Formula One’s first ever night race — is roaring back this Sunday on a circuit that Oracle Red Bull’s Max Verstappen says he’s thrilled about. “We’re always very excited to come here because the track is amazing …

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Apple sparks tech sell-off; Alphabet, Microsoft hit 52-week lows

Apple CEO Tim Cook speaks at an Apple special event at Apple Park in Cupertino, California on September 7, 2022. – Apple is expected to unveil the new iPhone 14. (Photo by Brittany Hosea-Small / AFP) (Photo by BRITTANY HOSEA-SMALL/AFP via Getty Images) Brittany Hosea-small | Afp | Getty Images …

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Apple VP leaves company after making jokes in viral TikTok video

An aerial view of Apple Park is seen in Cupertino, California, United States on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Apple’s vice president of procurement, Tony Blevins, has left the company after a TikTok video showed him making jokes about women at a car show. …

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Erdogan says Turkey will keep cutting interest rates, mocks British pound

Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey May 18, 2022. Murat Cetinmuhurdar/Presidential Press Office/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES. MANDATORY CREDIT Murat Cetinmuhurdar | Reuters Turkey …

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