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UK economy contracts in July on strikes, wet weather

BRITAIN’S economy shrank more than expected in July, hit by strike action and wet weather, official data showed Wednesday (13). Output contracted 0.5 per cent...
Business

UK government and British Airways face Kuwait hostage claim

PASSENGERS and crew members of a British Airways flight who were taken hostage in Kuwait in 1990 are intending to take legal action against...
Business

Germany snapping up Indian fuels amid Russia sanctions

GERMAN imports of refined oil products from India soared in the first seven months of the year, official data showed Tuesday (12), much of...
Business

India proposes tax hike for diesel vehicles

INDIA’s road transport minister on Tuesday (12) said he will propose an additional 10 per cent tax on diesel vehicles and warned automakers of...
Business

UK unemployment rises as wage growth hits record high

THE UK unemployment rate edged higher to 4.3 per cent in the three months to the end of July, as wage growth remained at...
Business

UK, India agree pensions and insurance partnership

BRITAIN and India have agreed to launch a partnership to boost cross-market investment by the insurance and pension sectors, the Treasury said on Monday...
Business

Labour wants to address hidden fees on remittances

LABOUR has pledged to clamp down on costly hidden fees associated with international remittances from the UK to countries, such as India, as it...
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