The UK’s high-speed rail project HS2 will not meet its scheduled 2033 completion date or stay within budget, Transport Secretary Heidi Alexander told Parliament on Tuesday, citing systemic failures, mismanagement, and rising costs. The announcement marks the latest setback for a troubled infrastructure programme once billed as a transformational project…
US markets closed largely unchanged on Wednesday after the US Federal Reserve kept interest rates unchanged. The central bank…
Nippon Steel’s CEO stated on Thursday that the US government’s golden share in US Steel will not impede the…
Hong Kong stocks tumbled sharply on Thursday as rising geopolitical tensions in the Middle East and the US Federal…
The Switzerland National Bank (SNB) cut interest rates by 25 basis points to 0% on Thursday, deepening its dovish…
The Crown Estate announced on Thursday that Equinor and Gwynt Glas have secured seabed leases. These leases will allow…
Donald Trump came into office swearing off foreign wars. He called himself a peacemaker, a dealmaker who could end…
The global raw sugar market experienced a notable downturn on Monday, with prices plummeting to a four-year low. The commodity…
The World Bank has reported that foreign direct investment (FDI) flows into developing economies plummeted to $435 billion in…