China says exports soar more than forecast in June

    China says exports soar more than forecast in June

    BEIJING China‘s exports surged more than expected last month, with official data on July 14 showing that the global AI boom helped fuel demand for chips and computing equipment from the world’s second-largest economy. The figures came despite global trade disruptions caused by the U.S.-Israeli war on Iran, providing a much-needed boost to China, which is…

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    Thames Water rescue in limbo after KRR pulls out

    UK bond yields rise after Starmer reshuffle

    The prime minister’s reshuffle, which sees Darren Jones, chief secretary to the Treasury, moved to No 10 to oversee day-to-day delivery of the PM’s priorities, and Minouche Shafik, former deputy governor of the Bank of England, become economic adviser to the prime minister, has not gone down well with the market. Bond yield spreads between…

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    Defence stocks rise after UK spending pledge

    Defence stocks rise after UK spending pledge

    The Co-op will stop sourcing carrots from Israel and a number of other products from other “countries of concern” such as Russia. The supermarket chain said it would stop sourcing produce, where possible, from countries where there are “internationally recognised community-wide human rights abuses and violations of international law”. The 17 countries on its list…

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