UK economy in growth ‘doom loop’ as business investment slumps versus G7 peers, think tank says
Decades of underinvestment by government and business have left Britain’s economy in a growth “doom loop,” according to center-left think tank IPPR.
Coast Guard says extensive search has yielded no sign of missing sub
Rescuers in a remote area of the Atlantic Ocean raced against time early Tuesday to find a missing submersible carrying five people.
Blinken says he failed to revive military-to-military talks with China
U.S. Secretary of State Antony Blinken said Monday he failed to revive military-to-military communication with China, despite hopes of reopening it.
‘When we meet again, may we all be carefree’: Read the outgoing Alibaba CEO’s memo to staff
Outgoing Alibaba CEO Daniel Zhang said the cloud business is “now full speed ahead on its spin-off plans,” and that is a reason why he is stepping down as group boss.
Dyson doubles down on Singapore and ramps up hiring globally
Dyson’s £2.75 billion global investment includes a slate of new generation of products and a giant battery plant in Singapore.
Alibaba says Eddie Wu to succeed Daniel Zhang as CEO in surprise move
Eddie Wu will succeed Daniel Zhang as chief executive of Alibaba Group, the company announced Tuesday, laying out its succession plan.
Companies are starting to care more about skills than degrees — here’s how to still make your resume stand out
Skills-based hiring is becoming increasingly popular. Recruitment specialists explain why, and what that means for job applications and resumes.
Bank of England’s conundrum deepens as inflation and labor market stay hot
The Bank of England is “caught between a rock and a hard place” as it prepares for a key monetary policy decision.
Thai parliament to convene soon, after election commission endorses result
The election commission said it had endorsed the winners of all 500 seats of the lower house, which must convene within 15 days to elect a speaker.
China cuts two more key lending rates as economy sputters
The People’s Bank of China cut two lending rates on Tuesday for the first time in 10 months, as the world’s second largest economy shows signs of stalling.
