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The Latest Breaking News from Economy

Scottish economy 'a little ahead' of UK, expert tells MPs

THE Scottish economy is recovering “a little bit ahead” of the rest of the UK, but some sectors lag significantly behind, an economic expert has…

The National (Scotland)

Canada national team at risk of BANKRUPTCY as financial crisis has players travelling economy class after USA defeat

The men and women's national teams of Canada may be forced NOT to play during international breaks.

Daily Record

Banks face their worst losses since the 2008 crisis if inflation cannot be tamed

The Bank for International Settlements, the central bank to the world, warned unsustainable debt levels mean the global economy is not out of the woods.

Fortune

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Argentina election shifts right as Latin America leans left

Argentina’s presidential election is increasingly poised to usher in a pro-market government after the ruling bloc coalesced around centrist Economy Minister Sergio Massa.

Tribune News Service

‘So many reports of violence and abuse’: how the gig economy fails women around the world

Unsafe conditions, sexual harassment and gender-based discrimination are rife among female workers, research finds

The Guardian - UK

Horns of a dilemma

With the Move Forward Party (MFP) still on track to establish a new government, fresh concerns over the next chapter in Thai-Chinese economic relations have surfaced.

Bangkok Post

Alibaba entrepreneur masterclass seeking applicants

The first global edition of Alibaba Netpreneur Masterclass is accepting applications from entrepreneurs worldwide, including Thailand, who are interested in gaining insights into the digital economy, until July 14.

Bangkok Post

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Immigration isn't driving inflation, new report concludes

Business and investing: Hawkish central banks keep investors on edge; ERoad takeover offer sends share price rocketing; Bitcoin arises from its slumber. Andrew Patterson reports.

Newsroom.co.nz

Labour must do no more backsliding on commitments to create a green economy

Sir Keir Starmer doesn’t want to look like a man who makes grandiose-sounding pledges to change the world only to retreat when he encounters resistance

The Guardian - UK

Sierra Leone's president seeks another term as opponents complain about the economy and unemployment

Voters in Sierra Leone are deciding whether to give President Julius Maada Bio a second term in office

The Independent UK

National party conference plays it safe on day one

Following a predictable and on-message speech from deputy leader Nicola Willis on the state of the economy it was the following interactive session on law and order that got party faithfuls talking.

Newsroom.co.nz

Headwinds in the third quarter

In the third quarter, we believe the global economy will face three risk factors: economic slowdown, with inflation and interest rates remaining high; risks from tighter financial liquidity; and slower economic growth in China and emerging markets.

Bangkok Post

Household debt, bad loans to hit finance firms

Rising household debt and non-performing loans (NPLs) are going to hurt listed companies in leasing, hire-purchase and finance because they are drag on the economy and lower consumer purchasing power, says an analyst.

Bangkok Post

Analysts coin the 'TSwift Lift' for the revenue bump businesses get when Taylor Swift's Eras Tour comes to town

Higher hotel revenue is part of an estimated $4.6 billion the tour generates for the U.S. economy.

Fortune

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The Canberra Times

Boost to tourism in ACT budget

Barr wants the ACT's visitor economy to be $4 billion annually.

Zenger

How Buffett’s Late-Night Call To Paulson Saved The Economy

Buffett's idea to inject capital into banks instead of buying assets proved to be a success in the 2008 financial crisis.

Barchart

Markets Today: Stocks Fall on Economic Gloom

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.55%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.70%. U.S. stocks are being undercut by today’s weak Eurozone PMI reports, which indicated that the Eurozone economy is struggling even as the ECB plans more...

Belfast Live

Seagate: Union considers 'industrial response' if firm moves to compulsory redundancies

Hard disk manufacturer employs over 1,000 people in Derry

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The Independent UK

German lawmakers approve a plan to attract skilled workers to plug the country's labor gap

Germany’s parliament has approved plans to attract more skilled workers to Europe’s biggest economy and help address labor shortages in a growing number of professions

Laptop

Apple Vision Pro Travel Mode could make economy feel like first class — but is it worth it?

Text discovered within the VisionOS beta for developers details a Travel Mode which could be really fun or annoying feature.

The Guardian - UK

Britain is the Dorian Gray economy, hiding its ugly truths from the world. Now they are exposed

Our rulers painted false pictures of success while real wealth and wages withered away, says the Guardian columnist Aditya Chakrabortty

The Independent UK

Mini-budget chaos exposed ‘lax approach’ to pensions regulation, MPs say

Sir Stephen Timms said pension scheme investments must ‘never again threaten the stability of the UK economy’.

The Conversation

As the Bank of Canada prepares for a digital Canadian dollar, democratic concerns loom large

The Bank of Canada is preparing for the possibility of the Canadian government requiring it to issue a digital version of the Canadian dollar. Although the central bank is leading the project for the new currency, any future decision to issue it rests with the Canadian Parliament and government.

Roll Call

Modi's speech draws mixed lawmaker response amid rights concerns - Roll Call

Prime Minister Modi drew strong applause from lawmakers when he spoke of close U.S.-Indian ties, but otherwise had a mixed reception.

Fortune

MrBeast's manager says TikTok risk is increasing before 2024 elections

In a "state of the creator economy" letter, the CEO of creator talent agency Night says that YouTube should be the centerpiece platform for building a brand.

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