Saudi Arabia commits $20 billion to investment fund for US infrastructure projects
Saudi Arabia has committed $20 billion to a new investment fund run by Blackstone for US infrastructure projects.
The Saudi investment accounts for about half...
Punctual airlines – best and worst UK
The most punctual airlines landing at twenty-five UK airports in 2016, according to Which?, are (in order) KLM, Qatar Airways and Iberia. 87.84% of...
China pledges to invest $124bn in projects under Belt and Road scheme
China has pledged to invest billions of dollars in projects under its "One Belt, One Road" strategy, an ambitious plan to rebuild public infrastructure...
JC Penney reports disappointing first quarter sales
JC Penney is the latest department store chain in the US to report disappointing first quarter sales.
The retailer reported losses of $180 million, or...
SME manufacturers see orders hit 3-year high – CBI survey
SME manufacturers in the United Kingdom are seeing strong growth in both home and export orders, according to new figures for the three months...
UK house prices dropped 0.2% in the three months to April, according to Halifax
Property prices in the UK dropped by 0.2% in the three months to April, according to data gathered by Halifax.
It is the first...
UK consumer spending rose by just 0.5% in April
UK consumer spending rose by just 0.5 percent year-on-year in April, the lowest rate since January and well below a historic average of 1.4...
Growth in travel and tourism continues to outperform global economy
The latest edition of a report that benchmarks travel and tourism competitiveness in 136 economies shows that for the sixth consecutive year, the growth...
Chinese manufacturing growth slowed down in April
Chinese manufacturing growth slowed down in April from an almost five-year high recorded in March.
The manufacturing purchasing managers index (PMI) dropped from 51.8 in...
UK PM met with EU’s chief Brexit negotiator and EU Commission’s Jean-Clause Juncker
UK Prime Minister Theresa May met with the EU’s chief Brexit negotiator, Michel Barnier, and European Commission President Jean-Claude Juncker in Downing Street on...