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South Africa’s power utility Eskom has run out of money to buy diesel for its critical plants, according to the minister of public enterprises. It means people will experience rolling…

The European Central Bank (ECB) has said it intends to raise interest rates for the first time in more than 11 years next month as it tries to control soaring…

Amazon aims to shed more than 18,000 roles as it cuts costs, the technology giant’s boss says. Affected workers will be informed from 18 January, chief executive Andy Jassy said in…

Brexit has added to the UK’s economic woes by lowering the value of the pound and contributing to price rises, an ex-Bank of England governor has said. Mark Carney told…

The amount suppliers can charge households for energy has been cut by regulator Ofgem but bills will still rise in April as government help eases. Ofgem’s announcement itself does not…

Chintan Suhagiya is only 26, but already has seven years experience working in India’s diamond industry. Starting out, he ferried diamonds around his company, based in the world’s diamond polishing…