Getty Images UK house prices in September rose by 3.2% compared with a year ago – the fastest rate for nearly two years, according to Nationwide. The building society said that annual growth was highest since November 2022, with terraced homes driving the increase. It said rising incomes and mortgage rate cuts were improving affordability … Read more
UK economic growth between April and June was less than previously estimated, according to official figures. Gross domestic product (GDP) – which measures all the economic activity of companies, governments and people in a country – rose by 0.5%, down from an initial reading of 0.6%. The manufacturing and construction sectors fell by more than … Read more
BBC Nine victims of modern slavery were forced to work at a McDonald’s branch in Cambridgeshire Signs that modern slavery victims were being forced to work at a McDonald’s branch and a factory supplying bread products to major supermarkets were missed for years, the BBC has found. A gang forced 16 victims to work at … Read more
BBC Tata Steel is closing its blast furnaces in Port Talbot as it restructures its operations in the UK The last remaining blast furnace in Port Talbot will stop producing steel on Monday, ending the traditional method of steelmaking in south Wales. Tata Steel is expected to remove the last usable liquid iron from blast … Read more
China’s economy weakened further in recent weeks, surveys released Monday showed, signaling the need for support as the government ratchets up stimulus. The Caixin purchasing managers survey showed new manufacturing orders fell at the fastest pace in two years in September. An official measure released by the National Bureau of Statistics showed a less drastic … Read more
BANGKOK — BANGKOK (AP) — A new investigation focused on three of the world’s largest producers of shrimp released Monday claims that as big Western supermarkets make windfall profits, their aggressive pursuit of ever-lower wholesale prices is causing misery for people at the bottom end of the supply chain. The regional analysis of the industry … Read more
BANGKOK — Indonesian shrimp farmer Yulius Cahyonugroho operated more than two dozen ponds only a few years ago, employing seven people and making more than enough to support his family. Since then, the 39-year-old says the prices he gets from purchasers have fallen by half and he’s had to scale back to four workers and … Read more
Japan’s benchmark Nikkei 225 index has tumbled nearly 5% after the country’s ruling Liberal Democrats chose Shigeru Ishiba, a former defense minister, as the next prime minister Japan’s benchmark Nikkei 225 index tumbled nearly 5% early Monday after the country’s ruling Liberal Democrats chose Shigeru Ishiba, a former defense minister, as the next prime minister. … Read more
CONYERS, Ga. — Some residents east of Atlanta were evacuated while others were told to shelter in place Sunday to avoid contaminants from a chemical plant fire that sent a massive plume of dark smoke high into the sky that could be seen from miles away. Interstate 20 was shut down in both directions in … Read more
Huawei Back in May, Irish Minister Dara Calleary helped Huawei celebrate 20 years of doing business in the country The Irish economy has been increasingly attracting Chinese investment, but does it come with a reputational cost? In 2020, 25 Chinese companies had operations in the Republic of Ireland. By this year the number had jumped … Read more