U.K. inflation is operating at the speediest pace since the early 1980s.
Bloomberg | Bloomberg | Getty Photos
The British pound plummeted on Wednesday to its lowest stage from the U.S. dollar considering that 1985.
Sterling fell to $1.14 in afternoon trade — a level not seen in 37 years — as traders responded to the U.K.’s darkening economic landscape with a new key minister at the helm.
This is breaking news. Be sure to test back again for updates.
Wegovy semaglutide tablets. Michael Siluk | Universal Images Group | Getty Images The Wegovy pill showed more pronounced weight loss and less cumbersome side effects than Eli Lilly‘s rival pill that was approved this week, Novo Nordisk said Thursday. Oral Wegovy demonstrated “significantly greater mean weight loss” than orforglipron, which Lilly will sell under the […]
Read More
Vehicles have their gasoline tanks filled at a Costco Wholesale store on March 21, 2026, in Bayonne, New Jersey. Gary Hershorn | Corbis News | Getty Images U.S. President Donald Trump says he’ll end the war within weeks, but fears for oil supply and demand destruction are set to linger. In an address on Wednesday […]
Read More
Despite being a global software powerhouse, India has been perceived as a laggard in the artificial intelligence space, with no current domestic chip industry or full-scale foundational AI model . But that narrative is set to change, according to Macquarie. The narrative of India as an AI bystander could shift to it being an “AI […]
Read More
