Business

China calls for 'win-win' solution to trade tensions

China calls for 'win-win' solution to trade tensions

China warns against protectionism at Davos amid Trump's return. Seeks "win-win" trade, increased imports. Trump's tariffs threaten global economy.

World Bank forecasts Egypt's economic growth at 4.2 percent in FY2025/26 amid inflation relief

World Bank forecasts Egypt's economic growth at 4.2 percent in FY2025/26 amid inflation relief

Egypt's GDP growth projected to rise to 3.5% in 2024/25, driven by consumption, remittances, & reforms. IMF forecasts 4% growth in 2025.

Waitrose brings back free coffee for non-shoppers

Waitrose brings back free coffee for non-shoppers

Waitrose offers free daily coffee to myWaitrose members (no purchase needed) with own cup, starting Jan 27. Benefit reintroduced after changes & COVID pause. Police also get free drinks.

Government ousts UK competition watchdog chair

Government ousts UK competition watchdog chair

UK competition regulator chair replaced for insufficient focus on growth. Gov't seeks investment after CMA initially blocked mergers. Interim successor named.

Thousands on hold to HMRC 'cut off after 70 minutes'

Thousands on hold to HMRC 'cut off after 70 minutes'

UK HMRC denies poor phone service is intentional, despite report of 44k calls cut off after long waits. Debt write-offs and tax crime actions are also concerning.

Netflix to raise prices as new subscribers soar

Netflix to raise prices as new subscribers soar

Netflix raises prices in US, Canada, Argentina, Portugal after adding 19M subscribers. Growth fueled by "Squid Game", sports. US plan increases by $2.50. Subscribers over 300M.