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LONDON: Britain will look to break down digital trade barriers to help its businesses export their services, the country's newly appointed trade minister Anne-Marie Trevelyan (pic) will say on Monday.
LONDON: More British employers are planning pay rises than at any time since the global financial crisis as they struggle to recruit staff following the coronavirus pandemic and Brexit, data from the Confederation of British Industry showed on Monday.
LONDON: Central bankers worldwide are weighing the probability of higher inflation. Consumers around the world say they are already feeling the pinch.
LONDON: British supermarket group Sainsbury’s will offer lower prices to customers using its digital loyalty scheme and self-scanner service, deepening ties with shoppers and cutting costs in the latest wave of innovation to hit the industry.
BENGALURU: Cigarette maker Philip Morris (PMI) has clinched the roughly 1-billion-pound takeover of inhaler maker Vectura after winning the backing of about 75% of shareholders in the British company, part of its expansion beyond tobacco.
NEW YORK: Oil prices rose over US$2 a barrel on Wednesday after government data showed a larger-than-expected drawdown in U.S. crude inventories, and on expectations demand will rise as vaccination roll-outs widen.
LONDON: Britain’s inflation surged more than expected to the strongest pace in more than nine years, prompting investors to anticipate a sharper increase in interest rates next year.
LONDON: Aluminium prices touched US$3,000 a tonne for the first time since 2008 on Monday as restrictions on output in China, the biggest producer, fuelled fears that supply will run short.
LONDON: London will remain a leading global financial centre despite uncertainty over regulation due to Brexit, according to Lloyds Bank’s annual sentiment survey of financial firms.