Business

UK workers saw their wage rises wiped out by surging inflation late last year, official figures show. Weekly earnings – excluding bonuses – rose by 3.8% in the three months …

The union representing more than 8,000 King Soopers employees on strike across the metro area and the company appear headed back to the bargaining table. The United Food and Commercial …

Ovo Energy, the UK’s third-largest household supplier, has informed staff of its decision to cut its workforce by a quarter. Sky News reported on Wednesday evening that 1,700 roles were …

FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo(Reuters) -Philadelphia Federal Reserve Bank President Patrick Harker said he would …

From RNZ The national average house price rose nearly 30 per cent last year. Figures from QV show the average house price went up 28.2 per cent in 2021, with …

MILAN (Reuters) -Telecom Italia (TIM) is moving closer to appointing a new chief executive, with General Manager Pietro Labriola tipped as frontrunner, four sources familiar with the matter said on …

Christmas retail and restaurant spending was held back last month as the spread of Omicron and restrictions to tackle it took their toll on shopping and partying, new industry data …

Stephen Jennings is one of New Zealand’s most successful exports, and actively chases risk. An economist by training, he made a vast fortune in Russia, before fleeing the country in …

FRANKFURT (Reuters) – Euro zone inflation rose unexpectedly last month, likely making for more uncomfortable reading at the European Central Bank, which has consistently underestimated price pressures and come under …

Annual house price growth hit 9.8% last month as the market “defied expectations” in 2021 – but growth is likely to slow considerably in the coming year, Halifax said. The …