Prices in London are down nearly 20% over the past year as a result of price declines and currency impact, according to global consulting group Knight Frank. Story Published at: September 30, 2022 at 08:07PM
American homebuyers are finding UK bargains, discounted by a weaker pound
Facebook scrambles to escape stock’s death spiral as users flee, sales drop
Meta has lost about two-thirds of its value since peaking last year as the business continues to get pummeled on multiple fronts.Story Published at: September 30, 2022 at 02:35PM
The union push could face a big obstacle in 2023 if the economy falls into a recession
Working conditions during the pandemic pushed many workers to organize — but fears about a potential recession could curb the union boom.Story Published at: September 30, 2022 at 03:04PM
Putin declares ‘four new regions of Russia’ as Moscow annexes parts of Ukraine
The annexation follows a series of referendums that the West described as a sham. Story Published at: September 30, 2022 at 01:30PM
Russian pipeline leaks spark climate fears as huge volumes of methane spew into the atmosphere
Climate scientists described the gas leaks as a “reckless release” of greenhouse gas emissions that, if deliberate, “amounts to an environmental crime.” Story Published at: September 30, 2022 at 12:26PM
Bank of England intervention should be ‘sufficient’ to calm market chaos, says Dutch pension fund investor
On Wednesday, the BOE stepped up to buy long-term-bonds or gilts over the next two weeks, in a bid to shore up financial stability.Story Published at: September 30, 2022 at 11:25AM
New coin designs for Britain’s King Charles III released by the Royal Mint
The 50p coin, which will be in circulation before the end of the year, shows the new king without a crown and facing left. Story Published at: September 30, 2022 at 10:41AM
Euro zone inflation soars to record high of 10% for September
Euro zone inflation hit a new record high of 10% in September, Eurostat data showed on Friday, up from 9.1% in August and above consensus projections of 9.7%.Story Published at: September 30, 2022 at 10:23AM
There are no American F1 drivers. McLaren CEO Zak Brown has a theory about that
“The talents are there, the resources are there. It’s really about when and where they get started and to get into Formula One,” Brown told CNBC.Story Published at: September 30, 2022 at 10:12AM
Britain’s Liz Truss to hold talks with budget watchdog as the pound stabilizes
British Prime Minister Liz Truss and her Finance Minister Kwasi Kwarteng are set to meet the U.K.’s independent monetary watchdog for talks on Friday.Story Published at: September 30, 2022 at 08:11AM