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UK consumer spending growth in 2019 to be slowest in six years

LONDON: Britain will see the slowest growth in consumer spending in 2019 in six years, piling even more pressure on retailers, EY ITEM Club forecast on Monday.

Business Premium

US millennials approach middle age in crisis

New data show they’re in worse financial shape than every preceding living generation and may never recover

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China invites US negotiators to continue trade talks, White House economics adviser says

Larry Kudlow says Chinese, US leaders likely to speak at G-20 meeting in Japan at end of June

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Amazon’s e-Commerce adventure in China proved too much of a jungle

The company has been in talks to merge its cross-border e-commerce business with a local competitor, NetEase’s Kaola


Debt market dampener

PETALING JAYA: Bond issuers in the non-financial space could come under further pressure this year due to weaker economic prospects and external headwinds.


Nordea Bank may land in money laundering scandal

UK-based investor files complaints with Nordic prosecutors

Retail Premium

McDonald’s removes artificial ingredients from burgers

Calcium propionate and sodium benzoate disappear from Big Macs and Quarter Pounders, as fast-food chain seeks to project more healthful image