Business and Finance

UK borrowing costs rise as pressure mounts on PM Keir Starmer

U.K. Prime Minister Keir Starmer leaves Downing Street on February 02, 2026 in London, United Kingdom. Alishia Abodunde | Getty Images News | Getty Images U.K. bond yields rose on Thursday as Prime Minister Keir Starmer came under renewed pressure over his handling of a scandal around former U.K. ambassador to the U.S. Peter Mandelson’s […]

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Volvo Cars on track for worst trading day ever as Q4 profit falls

This photograph shows a partial view of a Volvo X30 electric car with the company logo at the Volvo factory in Ghent on April 25, 2025. This factory will produce the Volvo X30 100% electric model for the European market. Nicolas Tucat | Afp | Getty Images Shares of Sweden’s Volvo Cars tumbled more than

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Pandora stock rises as CEO says firm wants to pivot from silver

Pandora, the world’s largest jeweler by volume, rose in morning trading Thursday after the company addressed investor concerns about its reliance on silver. Copenhagen-listed shares were up as much as 7% after it guided for largely flat organic growth in 2026 alongside its quarterly earnings report, and said it would introduce platinum-plated jewelry after the

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Kospi plunges almost 2%, dragged by tech sell-off, as Asia-Pacific markets mostly fall

Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc., displays an AMD Instinct MI455X GPU during the 2026 CES event in Las Vegas, Jan. 5, 2026. Bloomberg | Bloomberg | Getty Images South Korea markets led declines in Asia-Pacific Thursday, tracking Wall Street losses as the tech sell-off gained momentum. Seoul’s Kospi

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Cambodia’s border tensions and scam hub stigma harms tourism industry

Cambodia is struggling to recover its tourism sector, as geopolitical tensions and its growing reputation as a cybercrime hub keep tourists at bay. Once a key driver of the country’s economy, the industry has dwindled to make up 9.4% of its gross domestic product in 2024, compared to 12.1% in 2019, according to data from

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Silver resumes its slide, plunging 13%, after short-lived rebound

Silver bars are pictured in a display area at the plant of refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters Silver prices slid as much as 16% on Thursday, snapping a two-day rebound, as the white metal continues to reel from excessive volatility. Spot silver prices are were

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China’s Xi reasserts Taiwan stance in call with Trump, while U.S. president pushes trade

TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Andrew Caballero-reynolds | Afp | Getty Images U.S. President Donald Trump said Wednesday that he had a “long and thorough call” with

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Amazon’s Jassy picks marketplace exec to be his new ‘shadow’ advisor

Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York, Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon CEO Andy Jassy has tapped one of the company’s top marketplace executives to be his new “shadow” advisor, the company announced Wednesday. In a blog post, Amazon said Dharmesh Mehta, vice

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