Warning signs mount as markets near peaks, Brummer warns of looming crash
Business & Markets • 5 months ago
A veteran City columnist flags bezzle-like speculation, record debt and outsized bets in tech as indicators of a potential downturn.
Business And Markets News
Billionaire's $2.3 billion Banamex stake signals confidence in Mexico's economy
Business & Markets • 5 months ago
Fernando Chico Pardo’s investment follows Citigroup’s plan to divest a 25% stake in Banamex and is contingent on regulatory approval, with a multi-year path ahead.
Qantas unveils A321XLR with limited economy toilets amid fleet renewal push
Business & Markets • 5 months ago
New Airbus A321XLR touts efficiency and comfort features, but economy lavatories are scarce, prompting questions about cabin design and future retrofits.
Mexican billionaire buys 25% Banamex stake in $2.3 billion deal, signaling confidence in Mexico's economy
Business & Markets • 5 months ago
Citigroup plans to complete the sale next year after regulator sign-off; investment highlighted as a vote of confidence in Mexico's government and growth potential
Warning signs mount as markets edge toward potential crash, veteran City journalist warns
Business & Markets • 5 months ago
A longtime financial columnist points to speculative bets, record highs and rising debt as indicators of a possible downturn, urging vigilance among policymakers and investors
Hunt argues Reeves can avoid tax rises and outlines plan to curb spending and debt
Business & Markets • 5 months ago
Former chancellor says tax rises are a political choice and urges productivity gains, welfare reform, and debt discipline ahead of the Budget.
Suppliers warn of collapse as JLR resumes after hack
Business & Markets • 5 months ago
Liam Byrne seeks emergency funding as Jaguar Land Rover restarts production following a cyberattack; suppliers warn cashflow is critically tight and call for government help, with Tata ownership under scrutiny.
Amazon to pay $2.5 billion to settle FTC Prime enrollment allegations
Business & Markets • 5 months ago
FTC says the deal includes $1 billion in civil penalties and $1.5 billion in restitution to consumers who were enrolled or deterred from canceling Prime memberships
Mortgage rates edge higher after four-week decline
Business & Markets • 5 months ago
The 30-year fixed-rate mortgage rises to 6.3% as markets weigh Fed policy and inflation; the 15-year rate climbs to 5.49%.