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Germany’s relief plan could trigger a UK-style bond meltdown in euro nations
German Chancellor Olaf Scholz last week announced a package worth 200 billion euros ($198 billion) designed to help with soaring…
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Millions of Brits to pay more in ‘stealthy’ taxes despite PM Truss’s cuts, study finds
British Prime Minster Liz Truss’ government has committed to freezing the threshold on the tax-free personal allowance until 2025-26, essentially…
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Virgin Atlantic ceases operations in Hong Kong, cites Russian airspace closure ‘complexities’
Virgin Atlantic has not operated any passenger flights to Hong Kong since December 2021, after the city-state suspended all flights…
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Air cargo rates slump but some companies see long-term strength
The cost of shipping air freight around the world is slumping, but some companies say the world’s shift to flying…
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Britain’s market-rocking tax cuts have been compared to ‘Reaganomics.’ But there are differences
British Prime Minister Liz Truss, who took office in September, has announced a sweeping program of economic reforms. David Dee…
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British pound jumps as UK government U-turns on cut to top tax rate
U.K. Chancellor Kwasi Kwarteng outside 10 Downing Street. Britain will cap the cost of electricity and gas for businesses. Rob…
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Pro-Russian groups are raising funds in crypto to prop up military operations and evade U.S. sanctions
Russian paramilitary groups are raising funds in cryptocurrency using messaging app Telegram, according to research published by TRM Labs. Matt…
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Putin declares ‘four new regions of Russia’ as Moscow annexes parts of Ukraine
Russian President Vladimir Putin speaks during a meeting on the military-industrial complex at the Kremlin, September 20, 2022, in Moscow,…
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There are no American F1 drivers. McLaren CEO Zak Brown has a theory about that
Formula One is revving up for the Singapore Grand Prix this weekend with a stunning cast of racers, but none…
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These are the 10 best large airports in North America—New York’s infamous LaGuardia didn’t make the list
J.D. Power’s 2022 North American airport satisfaction study ranked large airports based on overall customer satisfaction on a 1,000-point scale.…
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