Keir Starmer’s Labour Party vowed to hand more powers to the UK’s independent fiscal watchdog if it wins the next election, and said it would announce all major tax and spending decisions in November with only minor policy changes in spring.
European natural gas headed for a second weekly gain as supply risks outweighed the end of a labor dispute in Australia.
US equity futures signaled a pause in a three-day selloff on Wall Street at the end of a bruising week for investors forced to accept the idea of higher-for-longer interest rates.
Britain’s private sector companies shed workers at the fastest pace since the pandemic and the depths of the financial crisis, underscoring the Bank of England’s decision to halt interest rate increases for the first time in almost two years.
The Luksic family, South America’s wealthiest with a combined fortune of about $25 billion, is reaping the benefits of a bet on global shipping and port logistics more than a decade after it first entered the industry.
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