Newsletter Jul 29, 2022
UK rivals for PM hold first clash in front of Tory members

Former finance minister Sunak has denounced Truss's "fairy tale economics", vowing to tame surging inflation first, but has admitted that he is the "underdog" against the foreign secretary.


 
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Birmingham sparkles as Commonwealth Games open to strains of Duran Duran

Prince Charles arrived with his wife Camilla in his personal Aston Martin during a segment highlighting Birmingham's rich history of motor manufacturing.


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Made in Britain: Broken supply lines drive manufacturing back home

In central England, birthplace of the industrial revolution, factories are buzzing anew, hammering out parts for cars, planes and medical machines that used to be made in Asia.

Barclays latest global bank ensnared in U.S. 'Whatsapp' probes

Regulators require finance companies to keep a record of vast swathes of staff communications to deter and uncover infringements such as insider trading.

UK sea levels rising quicker than century ago: study

The annual study also found that Britain has warmed at a broadly consistent but "slightly higher" rate than global mean temperature rises.

Barclays profit dented after $2 billion cost of blunder

Barclays' first-half profit fell more than expected due to a 1.9 billion pound ($2.3 billion) hit by regulatory missteps.

Facebook's Meta posts first-ever revenue drop

Facebook-parent Meta reported on Wednesday its first quarterly revenue drop.

Samsung Electronics says operating profits up 12.18 percent in Q2

South Korean chip powerhouse Samsung Electronics said Thursday that second-quarter operating profits were up 12.18 percent.

Shell smashes record again with $11.5 billion profit

Shell on Thursday reported a second-quarter profit of $11.5 billion.

Taiwan's China Airlines eyes A330 replacement, future freighter options

Taiwan's China Airlines Ltd is "actively" looking at options to replace its ageing fleet of 22 Airbus SE A330 widebodies.

Alarm as earth hits 'Overshoot Day' Thursday: NGOs

Mankind marks a dubious milestone Thursday, the day by which humanity has consumed all earth can sustainably produce for this year.

 
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