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The Latest Breaking News from Economy

UK's Labour Pitches For Power With 'Wealth Creation' Pledge

Britain's Labour party launched a "manifesto for wealth creation" Thursday, pledging to get the economy firing again if it wins power in next month's election after 14 years in opposition.

International Business Times

Labour offering ‘austerity painted red’, says Plaid Cymru at manifesto launch

Party focuses on economy with founding goal of Welsh independence absent from leader’s opening remarks

The Guardian - UK

Global Economy Suffers Due To Low Employee Engagement

Discover the impact of employee engagement on global economy and individual well-being, as highlighted in a recent report.

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Weakness creeping into labour market as hiring slows

Australia's labour market is slowly softening but the Reserve Bank is unlikely to be bothered by the latest jobs numbers ahead of its next board meeting.

AAP

Rishi Sunak declares he has not given up after minister warns of Labour ‘supermajority’

Defence secretary Grant Shapps effectively concedes defeat forcing the prime minister to say he still believes the Tories can win election

The Independent UK

Time to Buy: iShares MSCI Brazil ETF Hits Another 52-Week Low

The iShares MSCI Brazil ETF hits its 16th 52-week low of the past 12 months in early Wednesday trading. One of only three ETFs hitting a 52-week low compared to 249 hitting a 52-week high. It’s time to buy EWZ.

Barchart

Obsessing over the inflation rate misses one key point: the economy is more than just how fast prices are rising

Those who salivate over other nations’ interest rates with barely any care for people losing their jobs really need to think about their priorities

The Guardian - AU

The workers are not alright: Most employees are quiet quitting and it's costing the global economy trillions

“Quiet quitting” is far from over.

Fortune

Senegal joins oil-producing nations with launch of first offshore field

Senegal has joined the ranks of oil-producing nations with Australian company Woodside Energy on Tuesday announcing the start of production in the West African country's first offshore project.

Radio France Internationale

More than an art form: In Cape Verde, music boosts economy and tourism

In Cape Verde, music is more than just an art form – it is central to the country's national identity and economy. Experts estimate that around a quarter of all jobs in the archipelago are in some way linked to the music industry. The most famous Cape Verdean singer of…

France 24

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Fortune

U.K.’s legion of missing workers and quiet quitters is costing the economy nearly $400 billion, adding to a productivity crisis it can’t seem to escape

No one wants an economy that punches below its weight when it comes to productivity as it undermines economic resilience to big shocks.

Caixin Global

German Electric-Aircraft Maker Sets Up APAC Headquarters in Shenzhen

Lilium, which makes vertical takeoff and landing vehicles, joins EHang and Shanghai AutoFlight in the southern metropolis as the city seeks to boost its low-altitude economy

Kiplinger

Where to Invest For The Rest of 2024

Kiplinger examines ideas of where to invest for the rest of the 2024 year.

The Independent UK

UK economy flatlined in April in a blow to the governing Conservatives ahead of the July 4 election

The British economy failed to grow in April in a blow to Prime Minister Rishi Sunak who has made the return of growth a central pillar of the Conservative Party’s election campaign

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The National (Scotland)

UK economy shows no growth in April in latest blow to Rishi Sunak

THE UK economy recorded no growth in April after wet weather dampened consumer spending, according to the Office for National Statistics, in a…

Evening Standard

Brexit betrayal: Leave voters turn against UK government over broken promises on borders and economy

Leave support...has basically gone back to being extremely doubtful about our politicians, says polling expert Sir John Curtice

The Independent UK

Myanmar's economy in crisis as civil strife disrupts trade and livelihoods

Myanmar, once a thriving emerging economy, is struggling to regain momentum as the country's civil war increasingly disrupts trade and livelihoods

The Guardian - UK

Another washout for Rishi Sunak as rain dampens UK growth

GDP figures are not strong enough to help in general election but not weak enough to prompt interest rate cut

The Independent UK

Stock market today: Asian shares are mixed ahead of a Fed decision on interest rates

Shares are mixed in Asia ahead of a decision by the Federal Reserve on interest rates

International Business Times

UK Economy Stagnates Heading Into General Election

Britain's economy stagnated in April after emerging from recession in the first quarter of the year, official data showed Wednesday ahead of the country's general election next month.

The Independent UK

UK economy flatlines in fresh blow to Rishi Sunak’s election hopes

The economy flatlined due to wet weather hitting retail sales over the Easter period, following growth of 0.4% in March

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