Economy

LONDON: Britain approved a sharp increase in exports of submarine parts and technology last year to Taiwan as it upgrades its naval forces, a move that could impact British ties…

The revised defence, security and foreign policy review will describe the Chinese Communist Party as an “epoch-defining challenge”. But the top priority will be to tackle the “fundamental risk” to…

Kazakhstan’s efforts to promote the Trans-Caspian International Transport Route (TITR) enabled the country to halve the cargo transit time from 12 to 6 days. This was announced at a government…

NEW YORK (AP) — Depositors withdrew savings and investors broadly sold off bank shares Monday as the federal government raced to reassure Americans that the banking system was secure after…

HSBC has swooped to buy the UK arm of collapsed US Silicon Valley Bank (SVB), bringing relief to UK tech firms who warned they could go bust without help. Customers…

Russian tech giant VK has effectively banned employees from working abroad permanently, state news agencies reported Wednesday, citing a company letter to workers. VK, which employs more than 10,000 people,…

Brexit is costing Trump’s UK-based golf courses millions of dollars per year. Donald Trump was a major proponent of Brexit in 2016, prompting Britain to leave the European Union. Trump…

Labour leader Sir Keir Starmer says a strategic plan is needed to save the UK car industry, after the collapse of Britishvolt, the country’s biggest project to build electric car…

About 2.5 million households in Britain have seen their annual energy bill go up by an average of £116 despite the government fixing prices until April. Those on Economy 7…

Shop sales fell by 1% in December from the month before as people reined in their spending. Retailers said “consumers are cutting back on spending because of increased prices and…