LONDON, July 22 — The UK’s Serious Fraud Office (SFO) has frozen over £11,000 in cryptocurrency assets as part of…
UK Green‑lights £38 Billion Sizewell C Nuclear Plant to Secure Future Energy
LONDON, July 22 — The UK government has granted final investment approval for the £38 billion Sizewell C nuclear power station,…
UK and OpenAI Forge Strategic AI Partnership
The UK government and OpenAI—the creator of ChatGPT—have entered into a strategic partnership to bolster AI security research and explore…
BP Exits US Onshore Wind Sector in Strategic Shift Toward Core Energy Business
LONDON, July 18 — British energy giant BP has announced the sale of its entire U.S. onshore wind business to…
Singapore Slaps Major Banks with £15.9 Million in Fines over Record Money Laundering Scandal
SINGAPORE – Singapore’s central bank has fined nine prominent financial institutions, including global giants Citibank and UBS, over lapses linked…
Tesla Reports 13.5% Drop in Q2 Sales Amid EV Competition and Political Controversy
NEW YORK – Tesla has reported a 13.5% year-on-year drop in global vehicle deliveries for the second quarter of 2025,…
Crunch Time Looms for UK’s Rachel Reeves as Markets Remain Cautious and Stability Proves Elusive
LONDON – Newly appointed Chancellor of the Exchequer Rachel Reeves is approaching a critical juncture in her efforts to stabilise…
Indonesia Launches £4.6 Billion EV Battery Megaproject Despite Environmental Concerns
JAKARTA – Indonesia has officially broken ground on a £4.6 billion (US$5.9 billion) electric vehicle (EV) battery production megaproject backed…
EU to Raise EIB Lending Cap to €100 Billion Amid Defence and Innovation Push
LONDON – The European Union is set to significantly expand the lending capacity of its financial arm, the European Investment…
UK Retail Sales Suffer Steepest Monthly Decline Since 2023 Amid Post-Splurge Slowdown
LONDON, – Britain’s retail sector experienced its sharpest monthly contraction since December 2023, as official data revealed a 2.7% decline…