Business

Rachel Reeves will echo one of the great cameos in cinema history on Monday, when she updates Parliament on the findings of a Treasury audit of the public finances. Channelling Claude Rains’ masterful turn as Captain Louis Renault in Casablanca, she will tell MPs she is shocked at the state of the public finances, and

Chuo Ward, Tokyo, Japan – February 23, 2018; Top luxury shopping streets with multi colored neon signs. Ginza avenues are lined with shops of expensive brands and restaurants in the heart of Tokyo. It is half past five p.m. on Friday. People flock to Ginza for shopping, dinner and drinking with their friends. Ginza became

The chief executive of AstraZeneca has criticised a public health body for refusing to make one of its breast cancer treatments available to NHS patients in England and Wales. The National Institute for Health and Care Excellence (NICE) decided in March this year that patients should be denied access to Enhertu because it said the

In a photo taken on November 4, 2019 a subway train crosses a rail bridge over the Han river, before the skyline of the Yeouido business district of Seoul. Ed Jones | Afp | Getty Images Japan’s Nikkei 225 extended its six-day losing streak to plunge 3%, leading losses among Asian indexes as the region

Burberry, the struggling luxury fashion brand, is seeking a new board member who could take over from Gerry Murphy, its chairman. Sky News has learnt that Burberry, which last week ousted its chief executive, is working with headhunters to identify two new non-executives who would be contenders to replace Mr Murphy. A definitive timetable for

Republican Presidential nominee and former President Donald J. Trump holds campaign rally at the Van Andel Arena in Grand Rapids, Michigan on July 20, 2024.  Bill Pugliano | Getty Images News | Getty Images Former President Donald Trump would likely take his trade war and economic decoupling policies to new levels if he were elected to

A specialist engineering and manufacturing group which resembles the prominent acquisition vehicle Melrose Industries is plotting a £50m London flotation. Sky News has learnt that Amcomri is working with bankers at Cavendish on an initial public offering that would take place this year. Details of the listing have yet to be finalised, but one insider

A general view of the Lotte tower amid the the Seoul city skyline and Han river during sunset. Ed Jones | Afp | Getty Images Asia-Pacific markets traded mixed on Tuesday after Wall Street looked past political uncertainty to log gains overnight. Australia’s S&P/ASX 200 inched up 0.61%. Japan’s Nikkei 225 was 0.09% lower and the

The chief executive of BAE Systems has told Sky News that, while the programme to build the UK’s planned sixth-generation fighter jet is expensive, it will be vital for the country’s future defence requirements and for creating tens of thousands of skilled jobs. Charles Woodburn was speaking on day one of the Farnborough Air Show

US President Joe Biden speaks during an economic summit at the College of Southern Nevada in Las Vegas, Nevada, on July 16, 2024.  Kent Nishimura | Afp | Getty Images U.S. President Joe Biden on Sunday dropped his reelection bid and and backed Vice President Kamala Harris as the nominee of the Democratic Party, eliciting

Utilita, one of Britain’s top ten energy suppliers, is plotting to raise tens of millions of pounds to fund projects aimed at meeting net zero targets. Sky News has learnt that Utilita, which last season sponsored the Premier League football club Luton Town, has hired Alexa Capital to advise on the equity injection. Sources close

The blue screen of death errors on computer screens are viewed due to the global communications outage caused by CrowdStrike, which provides cyber security services to US technology company Microsoft, on July 19, 2024 in Ankara, Turkey.  Harun Ozalp | Anadolu | Getty Images A global tech outage that was related to a software update by cybersecurity

Travellers around the world are facing a second day of chaos in the aftermath of Friday’s global IT outage.  Here, Sky News looks at what you can do if you’re affected by the disruption. Air passengers Friday was meant to be one of the busiest days of the summer as families jetted off on holidays

At a moment of existential turmoil for President Joe Biden, Rep. Alexandria Ocasio-Cortez, D-N.Y., has stepped up as a firm ally of the embattled incumbent, using her platform to speak out against the flurry of Democratic voices who are calling on him to withdraw from the 2024 presidential race. As former President Donald Trump was wrapping up his lengthy

CrowdStrike, the company at the heart of the IT outage being described as the worst the world has seen, has been a darling of Wall Street over the last year. So far in 2024, its share price has risen by 96%, making it one of the best-performing stocks on both the tech-heavy Nasdaq and the