economic

459 Articles
World

Thousands of company directors leave UK after Labour’s tax ces

The United Kingdom is witnessing a significant exodus of company directors following the Labour government's recent tax reforms. Between October 2024 and July...

Metro

UK Construction Activity Declines Sharply, Raising Concerns Over Housing Targets

The UK construction sector is facing a significant downturn, with activity levels declining sharply in recent months. In July 2025, the S&P Global...

Metro

Apple Inc. to Invest $100 Billion in U.S. Manufacturing Expansion

Apple Inc. has announced a significant expansion of its U.S. manufacturing operations, pledging an additional $100 billion over the next four years. This...

Economy

UAE’s non-oil sector growth slows to 52.9 in July amid geopolitical tensions

In July 2025, the United Arab Emirates (UAE) experienced a notable slowdown in its non-oil business sector, with the S&P Global Purchasing Managers'...

Economy

UK’s Low Pay Commission forecasts 4.1% rise in minimum wage to £12.71 by 2026

The UK's Low Pay Commission (LPC) has projected a 4.1% increase in the National Living Wage (NLW) to £12.71 per hour by April...

Metro

Uganda’s Nyagak III Hydroelectric Power Station Begins Operations, Boosting National Energy Supply

Uganda's Nyagak III Hydroelectric Power Station, a 6.6-megawatt facility located in Zombo District, has officially commenced operations, marking a significant milestone in the...

Metro

Trump’s sons launch $300 million investment vehicle targeting U.S. manufacturers

Eric Trump and Donald Trump Jr. have announced the formation of New America Acquisition I Corp., a special purpose acquisition company (SPAC) aiming...

Metro

Al-Qaeda Affiliate Jama’a Nusrat Ul-Islam Wa Al-Muslimin (JNIM) Has ed at Least 54 Civilians and Eight Solrs in Northern Togo This Year

In 2025, northern Togo has experienced a significant escalation in violence attributed to Jama'a Nusrat ul-Islam wa al-Muslimin (JNIM), an al-Qaeda affiliate operating...

Economy

Thailand’s Finance Minister Announces New 19% Tariff Rate with U.S., Aiming to Boost Global Competitiveness and Attract Investor Confidence

Thailand's Finance Minister, Pichai Chunhavajira, announced a new 19% tariff rate on imports from the United States, effective August 7, 2025. This rate...

Metro

Tanzania’s Kwala Dry Port inaugurated, aiming to boost regional trade and create over 300,000 jobs

Tanzania has inaugurated the Kwala Dry Port, a significant infrastructure project aimed at enhancing regional trade and alleviating congestion at the Dar es...