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US Fed holds interest rates and defends central bank independence
Two Fed officials voted in favour of an interest rate cut – Stephen Miran, who is on leave from his post at the White House where he leads Trump’s Council of Economic Advisers, and Christopher Waller, a Trump appointee whose name has been floated as contender to succeed Powell.
Davos: Trump looms large over biggest-ever World Economic Forum
Faisal IslamEconomics editor, Davos, Switzerland EPA-EFE/REX/Shutterstock Trump appeared at Davos remotely last year, just a few days after his inauguration Apart from the snow and the temperature Greenland does not have much in common with the Swiss alps. But the fight for the future of the island looms over the gathering of world leaders and…
Defence giant BAE hails record sales as workers remain on strike
Speaking after the company’s record results, Woodburn, who has run BAE since 2017, said: “In a new era of defence spending, driven by escalating security challenges, we’re well-positioned to provide both the advanced conventional systems and disruptive technologies needed to protect the nations we serve now and into the future.”
Jaguar Land Rover to restart production on Wednesday after cyber-attack
Carmaker Jaguar Land Rover (JLR) has confirmed that output at some of its manufacturing sites will resume on Wednesday, as it continues to recover from a serious cyber-attack. Its production lines have been at a standstill since the start of September, following the attack. The phased return of staff will begin at some sites in…
