Category: Business News

LONDON (Reuters) – British house prices rose in November at the fastest annual pace since November 2022, mortgage lender Nationwide said on Monday, adding to signs of resilience in the property sector despite higher borrowing costs. Annual prices rose by 3.7% in November, and by 1.2% on a monthly basis, Nationwide announced. Both the annual…

By Tom Balmforth KIEV (Reuters) – Ukraine will need tens of thousands of unmanned robotic ground vehicles next year to carry ammunition and supplies to infantry in trenches and evacuate wounded soldiers, a senior government minister told Reuters. The cart-like vehicles, an example of how technology is transforming trench warfare in Ukraine, would spare troops…

NEW DELHI (Reuters) – Both houses of India’s parliament were suspended on Monday after opposition groups demanded a debate on bribery allegations against Adani Group and communal tensions in the northern city. Parliament was similarly adjourned for the whole of last week as opposition parties, led by the main opposition Congress, demanded a hearing on…

Australian lawmakers have voted prohibit people under 16 from using social media—even if their parents agree. On Friday morning, the Australian House of Representatives granted bill with bipartisan support, ending the legislative process that began just a week ago. The social media giants were quick to criticize the new bill and expressed concern over the…

China’s manufacturing activity rose for the second straight month, according to a private survey, a further sign of stabilization after Beijing launched a stimulus package to boost the economy. Caixin’s manufacturing purchasing managers’ index rose to 51.5 last month, the highest since June, according to a statement released by Caixin and S&P Global on Monday….

New Zealand has suspended all poultry exports after the first case of bird flu was confirmed at an egg farm in the South Otago region. Exports of poultry products worth about NZ$190 million ($112 million) a year will stop until New Zealand can reconfirm it is free of bird flu, Food Safety Minister Andrew Hoggard…

Less than six months ago, Joe Biden was adamant that he had no intention of using his presidential powers to pardon his son Hunter Biden. But on Sunday night, just weeks before leaving the White House for Donald Trump, the president reverse flowgranting a sweeping pardon to his son in a stunning twist that quickly…

Joe Biden will begin a two-day visit to Angola on Monday in his first and last trip to Africa as US president, as Luanda moves closer to Washington after decades of ties to Moscow and Beijing. The meeting with his Angolan counterpart João Lourenço, originally planned for October as part of a pledge to visit…

Stay informed with free updates Simply log in to EU economy myFT summary — delivered straight to your inbox. The EU’s new industry chief has called for a “Europe First” strategy for key business sectors, in a bid to prevent the bloc from becoming collateral damage in a potential global trade war launched by Donald…

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Young people are hungry to learn more about money, but financial education is still largely neglected in schools around the world — harming the potential of individuals and economies. Today we launch the Financial Times Seasonal…