Singapore-based budget airline Jetstar Asia will close down at the end of July, with affected passengers to be offered full refunds.
Category: Business
US inflation ticks higher but tariff impact remains muted
Prices of toys, car parts and major appliances jumped in the US last month, but the overall impact of Donald Trump’s new tariffs on consumers remained relatively muted.
World Bank predicts worst decade for global growth since 60s
The global economy will see the slowest decade for global growth since the 1960s as the effect of Donald Trump’s tariffs are felt, the World Bank has predicted.
US tariff turmoil makes Spain’s flagship foods seek other markets
It’s lunchtime in a bar in the southern Spanish city of Seville. The kitchen is humming with activity, and behind the bar a member of staff pours cold beer from a tap into a glass.
Average Australian home passes A$1m amid housing crisis
The average price of an Australian home has surpassed A$1m ($652,000; £483,000) for the first time, as the nation grapples with a housing affordability crisis. […]
Uber brings forward trialling driverless taxis in UK
Uber will trial robotaxis – autonomous cars with no human safety driver at the wheel – in London next spring.
UK firms hold off on hiring as job vacancies fall
UK companies are holding back on hiring or are not replacing workers who leave, sending job vacancies tumbling, official figures suggest.
Eurostar plans direct trains to Frankfurt and Geneva
Eurostar has said it plans to launch direct train services from London to Germany and Switzerland.
Canada pledges to meet Nato’s 2% defence spending target within a year
Canada will significantly boost its defence spending to hit a Nato target of 2% of GDP years earlier than planned, Prime Minister Mark Carney has […]
US and China meet for trade talks in London
A new round of talks aimed at resolving the trade war between the US and China has started in central London.