Business and Economy

Business and Economy Latest News

New Picasso portrait unveiled at Paris auction house
New Picasso portrait unveiled at Paris auction house
by  AFP

A previously unknown portrait by Pablo Picasso of one of his lovers was revealed on Thursday after being put up for sale at auction in Paris with a reserve price of eight million euros ($9.5 million). Other paintings of Dora Maar have sold for many times more than the reserve price of $9.5 million for "Bust of a Woman With a Flowery Hat".

Trump, Starmer sign tech deal to seal 'unbreakable bond'
Trump, Starmer sign tech deal to seal 'unbreakable bond'
by  AFP

Donald Trump hailed America's "unbreakable bond" with Britain Thursday as he and Prime Minister Keir Starmer signed a huge tech deal on the second day of the US president's pomp-filled state visit. Trump said the deal was "very big", and added of US relations with key NATO ally Britain that "it's an unbreakable bond we have regardless of what we're doing today."

Bank of England holds rate as inflation stays high
Bank of England holds rate as inflation stays high
by  AFP

The Bank of England kept its key interest rate at four percent Thursday, as elevated UK inflation offsets the country's stagnant economic growth. Elsewhere Thursday, Norway's central bank reduced interest rates to four percent to avoid putting pressure on the country's economy.

Energy

Money

Industry

Technology

Economy