Business and Economy

Business and Economy Latest News

UK inflation hits three-year low, fuelling rate-cut hopes
UK inflation hits three-year low, fuelling rate-cut hopes
by  AFP

Britain's annual inflation rate fell to a three-year low in September, official data showed Wednesday, fuelling speculation that the Bank of England will resume cutting interest rates next month. - 'Dramatic drop' - It comes after official data on Tuesday showed an easing in Britain's unemployment rate and wage growth, which also bolstered analysts expectations of a rate cut.

World heading into 'the Age of Electricity': IEA
World heading into 'the Age of Electricity': IEA
by  AFP

More than half of the world's electricity will be produced by low-emission sources before 2030 but the deployment of clean energy is "far from uniform" across the globe, the International Energy Agency said Wednesday.

Energy

Money

Industry

Technology

Economy