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BUSINESS

Donald Trump calls on US Federal Reserve to cut interest rates

Donald Trump has called on the Federal Reserve to cut interest rates by at least a full percentage point “over a fairly short period...

Ted Baker dumps Debenhams for Next in childrenswear collaboration

Ted Baker has dumped Debenhams for high street rival Next as its fashion partner for selling its children’s range of clothing and accessories. Bosses at...

Wall Street takes a beating as fears of recession increase

The threat of a recession sparked a painful day in US financial markets. The yield on the closely watched 10-year Treasury fell so low Wednesday...

Wall Street takes a beating as fears of recession increase

The threat of a recession sparked a painful day in US financial markets. The yield on the closely watched 10-year Treasury fell so low Wednesday...

Deliveroo withdraws from Germany to concentrate on other markets

Online food delivery service Deliveroo has said it is pulling out of Germany to concentrate on other markets, but is holding out the possibility...

UK economy declines for first time since 2012

The UK’s economy shrank for the first time since 2012 in the second quarter of this year, as the manufacturing and construction sectors both...

Debenhams appoints turnaround expert as new CEO

Debenhams has appointed a turnaround expert to lead the business, as it prepares to close stores and rebuild performance after being put into administration...

Britain’s economic growth set to stagnate in second quarter

Britain's economic growth is expected to have stagnated in the second quarter, as the manufacturing sector boost wears off while construction declines. Economists believe that...

US Treasury Department labels China a currency manipulator

The US Treasury Department has labelled China a currency manipulator after Beijing pushed down the value of its yuan in a dramatic escalation of...

China’s Tencent in talks to buy 10% of Universal Music Group

Chinese tech giant Tencent is in talks with French media company Vivendi to buy 10% of Universal Music Group, whose artists include Ariana Grande,...

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