The Latest Breaking News from Economy

How buying weapons can harm a country’s economy

Some wars are predictable. There are conflicts past and present which have been more or less expected because of economic and social conditions, a country’s history or that of its neighbours.

The Conversation · Oct 20

London lawyer built legal AI startup; Thomson Reuters bought it pre-revenue

Most startup founders chase revenue charts, headline funding rounds and polished stage presentations. Alexander Kardos-Nyheim took a different route. While training as a solicitor at Allen & Overy, he built Safe Sign Technologies, a legal-specific large language model (LLM) startup designed to make artificial intelligence more reliable for legal work.…

The Times of India · Oct 20

Badenoch takes aim at Healey over public finances ahead of Budget

Conservative leader Kemi Badenoch said Labour was seeking to kick tough decisions on spending into the long grass.

Evening Standard · Oct 20

Tech chief insists AI could help boost struggling German economy

IN FULL

The Independent UK · Oct 20

The fake commute: How China's unemployed save face

Unemployed individuals in China are pretending to be employed to avoid family concerns about their jobless situation. Many are sharing tips online about how to navigate daily life while hiding their unemployment status. This behavior reflects the challenges posed by a struggling economy and increased job competition. As some individuals…

The Economic Times · Oct 20

Why pharma giant Roche is putting German investments on hold

Germany’s bid to revive its struggling economy faces a fresh setback as a major pharmaceutical player raises concerns over the country’s business climate.

Euronews · Oct 20

Trump Approval At Record Low: Reuters/Ipsos poll puts him at 31%; Democrats widen 12‑point lead

US President Donald Trump’s approval rating has fallen to a record low of 31%, with rising gasoline prices and concerns over the economy weighing on public sentiment ahead of the November 3 midterm elections, according to a Reuters/Ipsos poll that concluded on Monday.

The Times of India · Oct 20

As midterms loom, Trump seizes on France unrest for political gain

Protests in France erupt over high inflation, leading to political discussions in the US midterm elections. President Donald Trump cites these events to advocate for stricter immigration policies and bolster support for his party. Analysts suggest that while this strategy may resonate with his base, it overlooks pressing domestic issues…

The Economic Times · Oct 20

NAB to cut 2,500 jobs in massive restructure

Bank says bulk of redundancies will occur before end of year, citing challenging economy, competition and ‘rapid technological change’

The Guardian - AU · Oct 20

Traditional degrees failing to prepare young people for work and UK needs more technical universities, new report finds

The report - backed by former Labour education secretary Lord David Blunkett and entrepreneur and inventor Sir James Dyson - said that traditional three-year degrees have ‘not delivered the skills that the modern economy needs’

The Independent UK · Oct 19