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      Matthew Davies

      Matthew Davies

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      Articles

      Traders work on the floor of the New York Stock Exchange. Wall Street stocks deepened their losses on Monday and Tokyo had its worst day in 13 years as panic spread across trading floors over fears of recession in the US. AFP
      Why global share prices have been on a white-knuckle ride

      Investors will likely see more steep drops and equally spectacular bounce backs after two days of volatile trading

      BusinessAugust 06, 2024
      Japan’s equity benchmarks slid by about 20 per cent from record highs last month, as investor confidence crumbled amid a tighter monetary policy and a deteriorating US outlook. Bloomberg
      Play01:33
      Global stock sell-off deepens as US shares track losses in Asia and Europe

      Japanese equities benchmarks take the biggest hit on Monday, as Wall Street has its worst day since 2022

      MarketsAugust 05, 2024
      Recent economic data has been more positive in building the case for international investors to pile back into UK government bonds. Getty Images
      Is the UK the most attractive European economy for investors?

      With falling inflation, a cut to interest rates, renewed business optimism and a new government, Britain's economy seems a better bet than France or Germany

      BusinessAugust 02, 2024
      The Bank of England in London. It has cut interest rates from 5.25% to 5%. AP
      UK interest rates cut by 0.25% in first reduction for four years

      Bank of England reduces the cost of borrowing from 5.25% to 5%

      BusinessAugust 01, 2024
      International Air Transport Association figures show demand for passenger travel was higher in June than a year earlier. PA
      Global air travel soars in June, with 9.1% increase in passengers

      Passenger numbers were more than 9% higher at the start of the northern hemisphere summer compared to last year, says Iata

      AviationJuly 31, 2024
      HSBC has launched a further share buyback scheme as Noel Quinn bows out as chief executive. AP
      HSBC in $3 billion share buyback as CEO Noel Quinn bids farewell

      After forecast-beating profits, Europe's largest bank announces another share buyback on the back of growth in its wealth management business

      BankingJuly 31, 2024
      Business and Trade Secretary Jonathan Reynolds said the government aims to launch a new trade strategy to help deliver its growth mission. AFP
      UK looks to restart trade talks with GCC after election pause

      New Business and Trade Secretary Jonathan Reynolds said teams will be 'entering negotiating rooms as soon as possible'

      BusinessJuly 29, 2024
      Luxury yachts, berth next to the Palais de Festivals in Cannes, France. The rich and famous have flocked to the French Riviera for 100 years. Getty Images
      Middle Eastern property buyers flock to French Riviera

      Estate agents say the number of transactions on properties worth more than €5 million has doubled in the last two years as international buyers snap up ultra-prime properties across the Cote d'Azur

      PropertyJuly 29, 2024
      The British Red Arrows display team fly at the Farnborough International Airshow, in Farnborough, Britain, July 22, 2024. REUTERS / Toby Melville
      Farnborough Airshow ends with slim orders tally

      Airline bosses expect shortages to continue for at least two years amid jet delivery delays and supply chain bottlenecks

      AviationJuly 27, 2024
      Air taxi maker Crisalion has clinched a deal with Air Chateau in Dubai. Photo: Crisalion Mobility
      Play01:17
      Farnborough Airshow sees air taxis everywhere

      Electric vertical take-off and landing aircraft are taking to city skies and could be as cheap and convenient as catching taxis

      AviationJuly 26, 2024
      The headquarters of Imagination Technologies on London's outskirts. The company's intellectual properties serve key industries including automotive, data centres, consumer devices and the Internet of Things. Reuters
      Mubadala-backed Fortress invests $100m in UK-based Imagination

      Deal will give Fortress access to chip company's intellectual properties present in more than 13 billion devices globally

      TechnologyJuly 25, 2024
      Members of the Armed Forces pose next to a Royal Air Force Embarer C-390, at the Farnborough International Air Show in Farnborough, England, Monday, July 22, 2024. (AP Photo / Alberto Pezzali)
      Farnborough told air and defence causes 10% of greenhouse gases

      KPMG report on sustainability spotlights the sector's 'issues' as it faces a stiff challenge on decarbonising

      AviationJuly 24, 2024
      The Boom Overture will take to the skies for a second series of tests as early as this week. Photo: Boom
      Boom unveils plan to bring back age of supersonic air travel at Farnborough

      Commercial supersonic plane maker says air fares on its planned Overture aircraft should be comparable to current business and first-class tickets

      BusinessJuly 23, 2024
      The aviation industry adopted the long-term climate goal of achieving net zero by 2050. Photo: Heathrow Airport
      Aviation net-zero cannot be met by phaseouts alone

      Sustainable fuels, more efficient engines and improved aircraft design will not be enough to decarbonise the sector by 2050, experts tell Farnborough Airshow

      AviationJuly 22, 2024
      An Airbus SE A350 aircraft lands after an aerial display at the Farnborough International Airshow. Getty Images
      Supersonic flight, automation and space tech at Farnborough Airshow

      World's largest aircraft makers and airlines will rub shoulders this week with those innovating around the future of flight and Net Zero air transport

      AviationJuly 22, 2024
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