Business

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UK government offers millions of public sector workers pay raises in bid to end strikes during cost-of-living crisis

Jul 13, 2023

UK government offers millions of public sector workers pay raises in bid to end strikes during cost-of-living crisis

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Jul 13, 2023

Tens of thousands of doctors in England start 'longest' strike in health system's history

Britain’s state-funded health care service is facing what is being described as its longest-ever strike as tens of thousands of doctors in England launched a five-day walkout over pay

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Jul 13, 2023

China exports slumped 12.4% in June from a year earlier as global demand weakened

China has reported its exports tumbled 12.4% in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation

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Jul 12, 2023

Bank of England says UK banks are resilient enough to offer struggling households support

The Bank of England has warned that households across the U.K. are facing increasing problems from the sharp increase in interest rates but says the country’s biggest banks are resilient enough to offer more help than they were able to before the global financial crisis 15 years ago

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UK wage growth remains strong amid high inflation; unemployment unexpectedly increases

Jul 11, 2023

Official figures in the U.K. show that wages are still rising at record highs, as inflation remains stubbornly high

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Jul 11, 2023

Stock market today: Asian shares rise ahead of a US inflation update on hopes for easing rate hikes

Asian stock markets followed Wall Street higher Tuesday ahead of an update on U.S. consumer prices that traders hope will show inflation is easing, reducing the need for more interest rate hikes

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Jul 11, 2023

Hong Kong will ban more products from Japan if treated wastewater is discharged, its leader says

Hong Kong leader John Lee says the city will ban marine products from “a large number prefectures” if Japan discharges treated radioactive wastewater into the sea

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Jul 10, 2023

Japan defends neutrality of IAEA report on Fukushima water release plan as minister visits plant

Japan’s industry minister has visited the tsunami-wrecked Fukushima nuclear power plant to see equipment that is to be used to release treated radioactive water into the Pacific Ocean to ensure the safety of the contentious plan

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Jul 10, 2023

Chinese employers ordered to limit outdoor work as country struggles with heat, flooding and drought

Employers across much of China have been ordered to limit outdoor work due to scorching temperatures, while areas in the east and southwest were warned to prepare for torrential rain

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Jul 9, 2023

Yellen says Washington might 'respond to unintended consequences' for China due to tech export curbs

Treasury Secretary Janet Yellen says Washington will listen to Chinese complaints about security-related curbs on U.S. technology exports and might “respond to unintended consequences” as she ended a visit to Beijing aimed at reviving strained relations

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