Electric car tariffs avoided as UK and EU extend post Brexit trade rules December 21, 2023 Prime Minister Rishi Sunak said the UK and the EU have decided existing regulations on electric cars will continue until the end of 2026.
Oil prices remain under pressure despite Red Sea disruption December 21, 2023 Oil prices remain under pressure.
UEFA: ECJ ruling does not validate European Super League December 21, 2023 Europe’s footballing governing body Uefa today retaliated against a ECJ which deemed rules relating to breakaway leagues as unlawful. the prospects of a future European Super League seemed to be boosted this morning after judges said UEFA rules blocking the formation of such a competition were contrary to EU law. The European Court of Justice [...]
Wall Street slams the brakes for a rare slowdown following record-setting rally December 21, 2023 Wall Street hit the brakes on its big rally on Wednesday after disappointing profit reports from companies and warnings that the market had simply gone too far, too fast. The S&P 500 slumped 1.5 per cent for its worst loss since beginning a monster-sized rally shortly before Halloween. The Dow Jones Industrial Average dropped 475 [...]
X, formerly known as Twitter, experiences global outage December 21, 2023 Billionaire Elon Musk took over the platform in a 44 billion dollar (£33.6 billion) deal last autumn.
Cameron presses for aid to Gaza and ceasefire during Middle East visit December 20, 2023 The former prime minister is also set to visit Egypt this week, where he will make the argument for a sustainable ceasefire in the Israel-Hamas war.
FedEx shares nosedive after dismal results December 20, 2023 Shares of global delivery giant FedEx sank as markets opened on Wednesday after a dismal set of results and outlook.
It’s Quiz-mas! How will you score in Deloitte’s big economics quiz of the year? December 20, 2023 The answers and a brief explanation of the factors at work are at the end of this note. Obviously, our readers won't be cheating....
Sizewell C: Group opposed to nuclear plant loses legal appeal with government December 20, 2023 Sir Keith Lindblom, Lady Justice Andrews and Lord Justice Lewis had considered arguments at a Court of Appeal hearing in London in November.
AI cannot be named as inventor, Supreme Court rules in patent dispute December 20, 2023 Artificial intelligence (AI) cannot be legally named as an inventor to secure patent rights, the Supreme Court has ruled.