$3bn IMF bailout for struggling economy
Archana Shukla & Annabelle Liang in Colombo and Singapore Getty Images Sri Lanka has secured a $3bn (£2.4bn) bailout from the International Monetary Fund (IMF) as it faces its worst economic crisis since independence. The deal has been nearly a year in the making and a lifeline for the country that has billions of dollars […]
Have the benefits been overstated?
Rachel Schraer BBC Reality Check Getty Images Alongside reputable sellers, the rapid growth of the industry has attracted “CBD cowboys” – opportunists trying to make a quick profit – according to Mark Reinders, president of the European Hemp Industry Association. There are two main compounds found in cannabis – CBD and THC (tetrahydrocannabinol). Unlike THC, […]
Cardiff chemists’ £7m pollution push
Steffan Messenger BBC Wales Environment Correspondent Thomas Schnitzler/Getty Images Plastic waste has become a marine menace – but could science help? You have probably never given much thought to the science of catalysis. But it is used to help manufacture virtually everything you own, and grow the food you eat. Now scientists say it could […]
CO2 industry strikes deal to prevent shortages
Getty Images A fresh deal has been struck to keep supplies of vital industrial-grade carbon dioxide (CO2) flowing by keeping a key production site open. When CF Industries’ plant at Billingham shut briefly last year, it caused a crisis, threatening CO2 supplies to the food, medical and nuclear sectors. At the time, the company said […]
After police cleared bridge, is this the end?
Robin Levinson-King & Jessica Murphy BBC News, Windsor and Ottawa Getty Images A police raid has finally put an end to the costly bridge blockade at Windsor, Ontario, with the crossing reopening for traffic on Sunday night after a six-day protest. But with the demonstrations in Ottawa still going strong, is any end in sight […]
Trump to order sweeping freeze of funding for grants and loans – live updates
Funding, immigration likely to top briefing agendapublished at 16:17 Greenwich Mean Time 16:17 GMT Bernd Debusmann JrReporting from the White House Image source, Bernd Debusmann Jr/BBC We’ve got a couple of hours until Karoline Leavitt’s first press briefing. But from my perspective here at the White House, it’s clear that two things will dominate today’s […]
What does it say about Brexit?
PA Media The Queen’s Speech, setting out the new Conservative government’s priorities for the next Parliament, included more than 30 bills which the government hopes to turn into law. Among them were seven bills on Brexit and the UK’s future outside of the European Union (EU). Divorce deal In October, Prime Minister Boris Johnson brought […]
Brexit is ‘real risk’ to Scottish firms
Andrew Black Business presenter, BBC Good Morning Scotland BBC Aquascot was founded in the Highlands in 1987 and became an employee-owned business in 2008 The chairman of Scotland’s biggest employee-owned company has said Brexit uncertainty is setting off “big red flashing lights” for business. Dennis Overton, of high-end seafood processor Aquascot, said his industry was […]
Warnings of ‘pain ahead’ with inflation to hit 11%
BBC Many of the papers feature the Bank of England’s forecast that inflation could surpass 11% later this year. The Daily Telegraph’s lead story reports that it is the eighth time in a year that the Bank has revised its forecast and marks the biggest overshoot of its 2% inflation target on record. BBC The […]
US tech stocks steady as Nvidia shares pick up after DeepSeek shock – live updates
What happened with American tech stocks yesterday?published at 13:35 Greenwich Mean Time 13:35 GMT Nick EdserBusiness reporter Monday proved to be a traumatic day for several tech stocks after the emergence of DeepSeek’s AI model sent a shudder across markets. The most notable victim was US chip giant Nvidia. Its shares fell 17%, cutting its […]