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Retail sales volumes fell by 1.2% in July after the wet weather hit summer clothing sales and the cost of living weighed on food shoppers. The Office for National Statistics (ONS) said it was a particularly bad month for supermarkets.…

SlavkoSereda/iStock via Getty Images U.S. crude oil futures rose Friday but finished lower for the week, ending a streak of seven weekly gains, as traders attributed the setback to weak economic data from China and Federal Reserve…

Annual energy bills for a typical household are expected to fall slightly to £1,926 from October, according to a new forecast. Consultancy firm Cornwall Insight predicts bills could drop by £148 under a new official price cap set to be…

© Reuters. FILE PHOTO: The British pound and the US dollar are seen in this illustration on June 22, 2017. Photograph: Thomas White/Reuters Written by Karen Britel NEW YORK (Reuters) - The dollar rose against a basket of currencies…

Get free market updatesWe will send you a file myFT Daily Digest Rounding email to the latest marketsNews every morning. The dollar stabilized on Friday after several daily declines, but saw its worst week in eight months as traders…

© Reuters. Investing.com - The US dollar drifted lower in early European trading hours on Thursday, continuing to slide after weaker-than-expected US inflation raised expectations for an early end to the Federal Reserve's monetary…

Article content (Bloomberg) -- European natural gas prices fell further, trading near their lowest levels in a month amid tepid demand and the completion of maintenance work in Norway. Article content Benchmark futures in the…

Economy Precision shave for the beauty industry in the tax cut plan Friday, June 16, 2023 Tabitha Njoki, a wig dealer in downtown Nairobi on June 15, 2023. Photo | Lucy Wanjiru | NMG Consumers and small businesses in the…

The government announced the suspension of windfall profits tax on oil and gas companies if prices fall to normal levels for a long time. A sudden income tax halt would lower the overall tax rate for energy companies from 75% to 40%.…