Economic News
Bridgewater's Dalio fears rising risk of US recession
Bridgewater Associates founder Ray Dalio said on Monday that the risks of a recession hitting in the next 18 to 24 months are rising.
Julian Assange's loses court appeal on UK arrest warrant
A judge in London ruled that the arrest warrant for Wikileaks founder Julian Assange remains valid after he presented an appeal to persuade British authorities to drop charges against him for breaching his bail conditions when he entered the Ecuadorian embassy.
Ryanair will pay over 100m euros more to pilots after union protests
Budget carrier RyanAir has announced that the 20% increase in salaries it's negotiating with its pilots will push its costs €100m higher next year.
Wednesday preview: US inflation data 'key' to stock market correction
Tuesday's US inflation reading is seen as crucial to many traders and analysts, with eurozone GDP unlikely to surprise and UK company results coming from the likes of Galliford Try and Shire.
Surge in electric car sales applies strains global battery supply chain, says Oxford Economics
Over the past few years the belief that electric vehicle sales would rise exponentially, and that the automotive industry as a whole was heading into a period of rapid technological change, took off on the back of heightened concerns about air quality and global warming.
Oxfam deputy chief resigns as sexual misconduct scandal widens
Oxfam deputy chief, Penny Lawrence has resigned on Monday following accusations that she didn’t correctly manage allegations about some of her NGO's staff hiring prostitutes in Haiti in the aftermath of the 2010 earthquake.
Sadiq Khan launches £45m fund to support young Londoners
Sadiq Khan announced on Tuesday that he would create a brand new £45m fund to provide desperately needed funding for local communities and charities aimed at helping the capital's youth fulfil their potential.
South Africa's ANC calls for President Zuma to resign
South African President Jacob Zuma has asked to be given more time after being recalled by his party, the ruling African National Congress.
Treasury approves appointment of new FSCS chair
The Bank of England's regulatory arms on Tuesday have tapped up a former RBC Capital Markets and State Street banker to take the role of chair of the Financial Services Compensation Scheme.
US small business optimism improves more than expected in January - NFIB
Small business optimism in the US improved more than expected in January, according to data released on Tuesday.
Stronger UK inflation increases pressure for BoE rate hike
UK inflation in January was higher that the market expected and keeps the prospect of a Bank of England interest rate hike in play over the coming months.