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The Latest Breaking News from Economy

Burnham to pledge ‘circuit-breaker’ for Britain in devolution and economy speech

The Makerfield MP will confirm a flagship proposal to create a ‘No 10’ in the North and ambitions for ‘good growth in every postcode’.

Evening Standard

Of service to the State: Bengal should prioritise high-skill services, sidestep constraints that make manufacturing difficult

West Bengal's new budget prioritizes job creation, but the path through manufacturing faces significant hurdles like fragmented land and infrastructure challenges. Experts suggest a services-led growth strategy, leveraging the state's skilled workforce and diaspora. This approach, focusing on connectivity and supportive regulation, can build a non-farm economy, eventually making industrialization…

The Economic Times

Voices: Boko Haram’s war on education shows why cutting aid is a false economy

THE INDEPENDENT VIEW: Editorial: Abducted children, burned schools and millions shut out of classrooms are not distant problems. Abandoning Nigeria’s victims will only deepen the crisis

The Independent UK

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Ed Miliband as chancellor would benefit every part of the UK – and the bond markets

If Andy Burnham promotes the energy secretary, Labour could fully use the benefits of net zero to promote growth and jobs, says Josh Ryan-Collins, professor of economics and finance at UCL

The Guardian - UK

Tribute to his leadership in Blue Economy, ocean governance: Seychelles Prez on conferring 'Guardian of the Blue Horizon' title on PM Modi

The President of Seychelles, Patrick Herminie, on Sunday conferred the honorary title of "Guardian of the Blue Horizon" on Prime Minister Narendra Modi, describing it as a tribute to his leadership in sustainability, the Blue Economy and ocean governance.

The Economic Times

India's debt market not equipped to finance next phase of growth, needs structural reforms: Deloitte

India's debt market is currently ill-equipped to fund the nation's ambitious economic growth targets, a Deloitte report highlights. To achieve a USD 7.3 trillion economy by 2030, structural reforms are urgently needed to boost liquidity, improve price discovery, and encourage broader investor participation. The report emphasizes the necessity of market-driven…

The Economic Times

Kingdom targets slice of $4tn commercial boom

Thailand is eyeing growth in the "global pink economy" as speakers at a forum highlight rising market value, changing consumer behaviour and new investment opportunities.

Bangkok Post

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This rural Maine factory made 100 million COVID swabs a month. Its CEO says manufacturing's best days are ahead

The CEO of Puritan Medical Products argues that on America's 250th birthday, manufacturing isn't declining — it's an underappreciated growth story.

Fortune

Andy Burnham distanced himself from UK Prime Minister Starmer, but may be stuck with his policies

A significant leadership change is imminent in Britain as Andy Burnham prepares to succeed Prime Minister Keir Starmer. Burnham, recognized for his friendly nature, must adeptly handle the ramifications of Starmer's policies while striving to rejuvenate the economy and tackle the growing cost of living challenges. His approach, termed 'Manchesterism,'…

The Economic Times

China industrial profits stay resilient as economy leans on factories, exports

China's industrial profits saw a double-digit rise in May, though at a slower pace, underscoring the economy's reliance on factories and exports amidst weak domestic demand. While tech sectors like AI equipment are booming, automakers face a profit slump. Analysts anticipate government intervention to support struggling businesses as consolidation intensifies.

The Economic Times

Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first half

Upcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for tech shares. While major indexes are set for a solid first half, recent volatility in semiconductor stocks highlights investor concerns about AI-driven profits and overheated markets. Inflation remains a…

The Economic Times

Illegal World Cup streamers blocked

The Digital Economy and Society (DES) Ministry has stepped up efforts to combat illegal streaming and online gambling platforms during the World Cup, forging closer cooperation with rights holder Monomax to accelerate the removal of infringing content and illicit websites.

Bangkok Post

Census data shows baby boomers still dominate the U.S. economy as Gen X and young Americans lose ground

New Census data shows the 65+ population grew 16.2% since 2020 — nearly triple the rate of millennials — as younger generations scatter to exurban fringes.

Fortune

The Right Way To Fight a Trade War

Economist Soumaya Keynes discusses Trump’s tariff policies, how China changed the global economy, and why trade wars require restraint.

Reason

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The Economic Times

India well-poised for rapid growth despite risks from West Asia war and El Nino: ITC

Despite facing geopolitical instability and weather-related challenges, India's economy is expected to grow robustly at 6.9% in FY27. This growth is bolstered by favorable agricultural conditions, significant government infrastructure investments, and a resurgence in both rural and urban demand. While global tensions present risks, India's demographic advantages and ongoing digital…

France 24

VivaTech 2026: Space race hits new heights with reusable technology

Space loomed large over the 2026 VivaTech festival. Startups and technology giants alike have entered the new space economy – a sector previously dominated by government agencies. FRANCE 24’s Business Editor Kate Moody sat down with Marta Oliveira, Co-founder and Chief Operations Officer at Atmos Space Cargo, to talk about…

The Conversation

A goat’s tooth may have solved a 100-year debate about ancient Greek farming

The agricultural economy was the backbone of wealth in ancient Greece. Food brought people together, whether in smaller groups at a wine-drinking symposium, or the entire community in a sacrificial feast of epic proportions. In The Odyssey, the ancient Greek epic poem, Odysseus’s son joins one of these early feasts…

Euronews

The jobs most exposed to extreme heat — and why it matters for Europe's economy

Construction and agriculture are Europe's most heat-exposed industries, with transport, manufacturing and energy also facing growing disruption as climate change pushes temperatures higher.

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The Economic Times

World MSME Day: Global uncertainty offers Indian MSMEs an opportunity to move up the textile value chain, say experts

As the second-largest employment generator in the country, the textile sector’s contribution to the economy is crucial, with MSMEs forming its backbone.

MarketBeat

3 Stocks Building the Future of Agentic AI Payments

Coinbase, Circle, and PayPal are building the payment infrastructure that could enable AI agents to transact autonomously

The Guardian - UK

‘Make people dream’: how to build an economy for the common good

Economist Prof Mariana Mazzucato says governments must ‘get back their mojo’ and believe they can change the world

Fortune

CFOs are bullish on their own companies—even as they turn bearish on the economy

Even as macro concerns deepen, CFOs are leaning into risk, reshaping talent, and betting on AI to drive company-specific gains.

The Economic Times

What is behind South Africa's anti-immigrant protests?

South Africa faces escalating anti-immigrant sentiment, with protesters demanding undocumented foreigners leave. Despite claims of being overrun and contributing to crime and job losses, data suggests otherwise. Migrants constitute a small percentage of the population, and evidence indicates they are law-abiding and contribute to the economy. Underlying issues of poor…

Fortune

The richest 20% are the only ones powering the U.S. economy, says top economist, but their prospects are entirely reliant on teetering stock prices

"Given how important the well-to-do are to spending and the economy, and the importance of surging stock prices to the well-to-do, it is critical to consider the durability of the runup in stock prices."

France 24

Spain bucks European trend with mass amnesty of migrants

A mass amnesty of undocumented immigrants is currently underway in Spain. Bucking the trend of its European neighbours, Prime Minister Pedro Sanchez’s Socialist government is embracing immigration to underpin its growing economy. However, the plan does not enjoy universal support. It faces strong criticism, in particular from the far right.…

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