THESSALONIKI – Prime Minister Kyriakos Mitsotakis acknowledged on Sunday that widespread fraud linked to EU agricultural subsidies represents a “chronic…
Author: Edith Austen
Sterling Holds Steady as Gilt Sell-Off Shows Signs of Easing
LONDON – The pound steadied on Friday after a turbulent week that underscored investor anxiety over the UK’s fiscal outlook,…
Lotus to cut UK jobs as US tariffs bite
LONDON: Chinese-owned luxury carmaker Lotus is set to slash up to 550 jobs in the UK—more than 40% of its…
Apple warns UK mobile market shake-up could harm users and developers
LONDON: Apple has cautioned that Britain’s push to boost competition in the mobile operating system market may backfire, potentially harming…
Indian Billionaire Gautam Adani Faces Fresh Scrutiny Over Alleged Iran Sanctions Violations
NEW YORK —U.S. prosecutors are investigating whether companies linked to Indian billionaire Gautam Adani imported liquefied petroleum gas (LPG) from…
UK’s Serious Fraud Office Launches Multi-Million Pound Bribery Probe into Microsoft Data Centre Project
LONDON — The UK Serious Fraud Office (SFO) has launched a major international bribery investigation targeting construction contracts linked to…
UK Insurance Broker Charged Over Failure to Prevent Bribery in Ecuador
London, 17 April 2025 — The UK’s Serious Fraud Office (SFO) has charged United Insurance Brokers Limited (UIBL) with failing…
UK Faces Soaring Borrowing Costs as Global Bond Selloff Intensifies
The United Kingdom’s borrowing costs have surged to their highest level since 1998, driven by a global rout in government…
Trump’s Tariffs Threaten Vietnam’s Economic Growth Plans
SOUTHEAST ASIA — US President Donald Trump’s sweeping tariffs on global trade have officially come into effect — and beyond…
China’s Yuan Sinks to 19-Month Low Amid Escalating US Trade War
HONG KONG: China’s yuan fell to a new 19-month low against the US dollar today, after its offshore counterpart hit…