Economy

Whey protein shortage looms as use of weight-loss drugs fuels global demand

liberal

Whey protein shortage looms as use of weight-loss drugs fuels global demand

Price of dairy product has risen fivefold after users of GLP-1 medications advised to increase protein consumption

2 months ago

economy

Vinted boss sees 'fundamental' shift in consumer patterns, as secondhand firm notches $9 billion valuation

liberal

Vinted boss sees 'fundamental' shift in consumer patterns, as secondhand firm notches $9 billion valuation

Vinted is seeing a structural shift in consumer behaviour as habits form around the resale economy, its marketplace CEO told CNBC.

2 months ago

economy

What Will Happen to Home Prices If Mortgage Rates Stay High This Year? Experts Weigh In

liberal

What Will Happen to Home Prices If Mortgage Rates Stay High This Year? Experts Weigh In

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2 months ago

economy

Stocks are recovering from a sell-off

liberal

Stocks are recovering from a sell-off

Stocks edged higher on Tuesday, marking a tentative recovery from a bout of volatility led by an aggressive sell-off of global technology shares.

2 months ago

economy

Gold could slump another 20% by September, says Citi

liberal

Gold could slump another 20% by September, says Citi

Since the outbreak of the U.S.-Iran war on Feb. 28, gold's reputation as a "safe haven" asset in times of turmoil has come under pressure.

2 months ago

economy

The British food scene was booming. Why has it suddenly gone bust?

liberal

The British food scene was booming. Why has it suddenly gone bust?

Once mocked internationally, the UK became a gastronomic hotspot in recent decades – London was hailed as the foodie capital of the world. Now many Michelin-starred restaurants have closed and the rot is spreading

2 months ago

economy

India's growth story faces its toughest test yet in Modi’s third term

liberal

India's growth story faces its toughest test yet in Modi’s third term

Prime Minister Narendra Modi faces his biggest test as India's appeal as the world's fastest-growing economy dims for global investors.

2 months ago

economy

World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds

liberal

World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds

JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say

2 months ago

economy

Iraq and UAE race to establish alternative oil pipelines as exports through Hormuz dry up

liberal

Iraq and UAE race to establish alternative oil pipelines as exports through Hormuz dry up

Last week, the Iraqi cabinet approved plans to accelerate crude exports through the Kurdistan-Turkey pipeline network.

2 months ago

economy

US airlines spent $6.5 billion on fuel in April as Iran war strangled energy market

conservative

US airlines spent $6.5 billion on fuel in April as Iran war strangled energy market

U.S. airlines spent $6.5 billion on airplane fuel in April, another sign of the economic damage wrought by the U.S.-Israeli war with Iran.

2 months ago

economy

China's May shipments to U.S. clock 5-year high growth at 35% as overall exports jump on tech boost

liberal

China's May shipments to U.S. clock 5-year high growth at 35% as overall exports jump on tech boost

Exports to the U.S. surged the most since March 2021, extending a rebound following a long streak of double-digit declines for the most of last year.

2 months ago

economy

Izakaya economics: Japan’s traditional night out fights tooth and ale for survival

liberal

Izakaya economics: Japan’s traditional night out fights tooth and ale for survival

Hard times – and British-style pubs – are squeezing restaurant-bars that once thrived in cities everywhere. Can they innovate to keep pace with change?

2 months ago

economy