Today’s business news – in the UK and beyond amid concerns about the world’s largest economy and the fall in the Asian, US and UK markets.
Can Friedrich Merz save Germany? The Economist looks ahead at the upcoming German elections (23 February) asking the question: Can Friedrich Merz save Germany? “He is on track to win the election, but to fix Europe he will have to fix his country first”
Thames saved with lifeline CITY AM reports on the High Court giving the green lift to a £3bn loan to help the Thames Water out of trouble. The UK’s biggest water supplier had been set to run out of money by 24 March without a £3bn loan from its creditors,…
US and Russia hail detente as path to rapid ending of Ukraine conflict The Financial Times says the negotiations between Russia and the US regarding an end to the Ukraine conflict is an “extraordinary turn of events in a matter of days.” The paper says the sight of Russian and US…
South Korea DeepSeek app removal has been agreed over compliance issues as Personal Information Protection Commission says Chinese startup accepted proposal to suspend downloads of AI chatbot. South Korea has suspended downloads of DeepSeek’s artificial intelligence-powered chatbot pending a review of the Chinese start-up’s privacy standards. South Korea’s privacy watchdog…
Less administrative obstacles for SMEs in Spain as the Governing Council of the Board of Extremadura has given the green light to the processing of the draft of the Open Market Law of Extremadura, which seeks to ensure free movement and establishment of economic operators within the Autonomous Community. Less…