World economy

UK political turmoil deepens as UKIP’s Farage quits

05 Jul 2016

Nigel Farage, leader of the UK Independence Party and a key Brexit campaigner, said he was stepping down even as Labour ousted its leader Jeremy Corbyn and the leadership of the Conservatives remained wide open

Osborne to cut tax rates to keep business engaged as Brexit looms

04 Jul 2016

Britain will lower the 20 per cent tax rate for businesses to 19 per cent in 2017 and to 17 per cent in 2020 before bringing it down to 15 per cent

Brexit poses big risk to global economy, says IMF

02 Jul 2016

Bangladesh hostage crisis ends, at least 6 killed

02 Jul 2016

Bangladeshi forces stormed an upscale Dhaka restaurant where heavily-armed terrorists held dozens of people hostage, killing at least six attackers and rescuing 13 captives

London Mayor Sadiq Khan appoints Rajesh Agrawal as deputy

30 Jun 2016

Oil struggles to maintain $50 mark as fears of output dip fade

30 Jun 2016

Oil prices fell today, with Brent struggling to hold $50 per barrel as fears over outages due to a strike in Norway faded and as Nigeria's production improved, even as the economic outlook deteriorated

Vodafone considering shifting HQ outsider UK in Brexit fallout

29 Jun 2016

Crowds protest Brexit outside UK Parliament

29 Jun 2016

The protest comes as a petition calling for a second referendum in the event of a vote of less than 60 per cent out of a minimum turnout of 75 per cent, neared nearly 4 million votes

Normal ties with India not likely soon: Pakistan

29 Jun 2016

Brexit fallout: Moody’s cuts outlook on UK banks, insurers

29 Jun 2016

Despite Brexit, EU not to jettison English language just yet

29 Jun 2016

The British can rest easy; although there is considerable clamour for the European Union to drop English as its official working language in the wake of Brexit, this will not happen any time soon

After Moody’s and S&P, Fitch downgrades post-Brexit UK

28 Jun 2016

Brexit: Europe may shut the door on the English language

28 Jun 2016

Europeans, and especially the culturally proud French, who have never taken kindly to having English thrust upon them, have seized upon Brexit as a chance to rid themselves of Shakespeare's language at EU headquarters

UK businesses warn of investment cuts after Brexit

27 Jun 2016

HSBC might move 1,000 staff from London headquarters to Paris

27 Jun 2016

UK food prices set to rise due to Brexit vote

27 Jun 2016

UK food prices set to rise due to Brexit vote

27 Jun 2016

China executing prisoners, harvesting their organs: reports

27 Jun 2016

Make UK a Union Territory of India, quips expat Briton

27 Jun 2016

Brexit: the vote is just the beginning; what’s next?

27 Jun 2016

Brexit: turmoil in Asian markets; Britons petition for fresh vote

27 Jun 2016

As China, Japan and South Korea moved to prevent currency and stock markets from going haywire, over three million Britons and counting signed a petition demanding a fresh referendum on exit from the EU