Rishi Sunak’s decision to water down a key part of the UK’s green agenda represents a gamble that conceding some ground to the climate-skeptic political right will appeal to Britons buffeted by a cost-of-living crisis.
Next Plc raised its forecast for the third time in recent months as inflation-linked pay rises and better weather at the start of the summer prompted people to buy more clothes.
The Swiss National Bank defied expectations of another interest-rate hike, pausing its monetary tightening in a bid to avoid adding constriction onto a stalled economy.
US private equity firm Platinum Equity LLC hired Amit Sobti to head its Asia business as it pushes to expand dealmaking in the region.
Poland’s premier said the country has halted weapons supplies to Ukraine, escalating a dispute with its eastern neighbor that’s undermining a key alliance in Kyiv’s fight against Russia.
KG Mobility Co., formerly known as Ssangyong Motor Co., aims to diversify its portfolio of clean vehicles and triple annual sales to 320,000 units in the next three years.
The Bank of Japan is widely expected to keep its monetary stimulus unchanged Friday, with traders focusing on any remarks Governor Kazuo Ueda might make on negative interest rates or the correlation between currencies and policy as the yen trades near a 10-month low.
Chinese President Xi Jinping will meet his Syrian counterpart Bashar Al-Assad on the sidelines of the Asian Games this week, as the Arab leader makes his first trip to China in nearly 20 years.
Pakistan’s liquefied natural gas demand will nearly triple in five years as its production of domestic gas dwindles.
The Philippine central bank kept its benchmark interest rate steady for a fourth straight meeting, looking past last month’s inflation pickup after economic growth slowed and the peso weakened.
