News

Last month’s wet weather dampened shoppers’ appetites for visiting stores, just as retailers gear up for the key Christmas season. Footfall on High Streets, retail parks and shopping centres fell…

Oil and gas giant Shell has posted strong profits helped by oil prices rising again. The energy giant reported earnings of $6.2bn (£5.1bn) between July and September, up sharply on…

The US central bank has held its key interest rate at its current 22-year high as it seeks to stabilise price rises, which had recently reached near-record levels. The Federal…

“What has happened in the Portuguese technology sector since 2010 was something spectacular”, says Ricardo Marvão, director of the Portuguese innovation consultancy firm Beta-i. “Portugal became enormously competitive in the…

Russia’s central bank has put up its key interest rate to 15% to try to curb inflation and bolster a weak rouble. The higher-than-expected rate hike of two percentage points…

The US economy grew faster than expected in the third quarter of the year, helped by a tight jobs market and consumer spending. The economy expanded at an annual rate…