UK economy to grow faster than Japan, Italy and Germany this year, says OECD Forecast upgrades UK to joint second after US but it is still expected to have highest inflation among G7 countries
China unleashes boldest stimulus in years to boost ailing economy People’s Bank of China announces support measures including a cut in interest rates but some experts fear they may not be enough
One more item on Labour’s long to-do list: repair the UK aid budget Action is needed to restore the damage done by the Tories to Britain’s international reputation
How the EU’s landmark Apple tax ruling gave Ireland €13bn it didn’t want After losing a court case, Ireland stands to gain a huge amount of money it fought not to gain and is unsure how to spend
IMF plan to visit Russia to assess economy prompts dismay across Europe Protest letter sent to fund’s head over move to send staff to Moscow for first review since invasion of Ukraine
Government to seek global trade deals for UK at expense of formal EU re-entry Business secretary Jonathan Reynolds says joining the Asia-Pacific CPTPP bloc is a ‘real win’ for exporters, even though it will preclude the UK from EU membership
China begins anti-subsidy investigation into European dairy imports Inquiry into eight EU countries is latest chapter in hostility between Beijing and EU over trade
Threat to stock markets comes from China and Middle East, not the US US economy has staying power but China’s growth prospects have worsened and too little attention is paid to war in Gaza
Shares in New York and London tumble on fears of US recession FTSE 100 on track for its lowest close since April and Japan’s Nikkei suffers biggest fall since crash of 1987
Wood Group suitor pulls out of takeover, blaming market turmoil Shares in FTSE 250 company slump 37% in early trading after Dubai-based Sidara cites geopolitical risk
Large English vineyards mark boom year as output and investment soar Though tiny compared with rivals, English wine trade is thriving as climate crisis fuels flood of new capital from investors
Fears of further market turmoil deepen after US economic data spooked investors Analysts await key services sector metric to gauge US vulnerability to recession as stocks in Middle East fall amid regional tension
UK food industry says lack of testing capacity forcing imports back to EU for checks Trade bodies blame lack of lab facilities at Brexit border posts for longer delays and shorter shelf life of food
World Bank warns 108 countries risk being stuck in ‘middle-income trap’ Too many nations, including China and India, are relying on outmoded strategies to become advanced economies, says report
‘Smarter money’ is the key that will unlock the promise of Africa and the Caribbean Regions’ vast potential is being blocked by the need for better investments, key partnerships and reforms to global finance