Market

Published: 13 August 2026. The English Chronicle Desk. The English Chronicle Online Former US congressman George Santos has been permanently banned from trading on prediction-market operator Kalshi after the company alleged that he used non-public information to place bets connected to his own attendance at US President Donald Trump's State of the Union address. Kalshi said its compliance team concluded that Santos's trading activity showed signs of insider dealing and...

**Published: 13 August 2026. The English Chronicle Desk. The English Chronicle Online** Bank of England Governor Andrew Bailey has warned that a sharp reversal in the booming artificial intelligence sector could contribute to a global economic downturn, while increasingly powerful AI systems could also create serious cybersecurity threats for banks and financial institutions. Bailey issued the warning to finance ministers from the G20, arguing that financial markets could be particularly...

Published: 29 August 2026.The English Chronicle Desk. The English Chronicle Online. Europe is heading towards the colder months with its gas storage levels at their lowest point for 13 years, raising fresh concerns about energy prices and increasing fears of heightened market volatility during the coming winter. Energy analysts and traders have warned that unusually low reserves could leave European countries more vulnerable to cold weather, disruptions to global supplies...

Published: 27 August 2026. The English Chronicle Desk. The English Chronicle Online Chief executives at some of America's largest low-paying corporations earned an average of 614 times more than their workers in 2025, highlighting a widening gap between executive compensation and ordinary employee pay, according to a new analysis by the Institute for Policy Studies. The report examined executive compensation and worker wages at the 100 S&P 500 companies with...

Published: 26 August 2026. The English Chronicle Desk. The English Chronicle Online Canada has announced a new round of retaliatory tariffs on American goods, escalating an already tense trade dispute with the United States after negotiations between the two countries broke down. The Canadian government said the counter-tariffs would reach as high as 50% and cover almost C$28bn ($20bn; £15bn) worth of US products. The measures, which are scheduled to...

Published: 24 August 2026 | The English Chronicle Desk | The English Chronicle Online Small businesses on both sides of the US-Canada border are bracing for higher costs, falling sales and potential job losses after trade talks between Washington and Ottawa collapsed and both governments moved towards imposing 50% tariffs on selected goods. For some companies, the dispute threatens a large share of their business almost overnight. In Calgary, Alberta,...

Published: 17 August 2026. The English Chronicle Desk. The English Chronicle Online Fast-fashion giant Shein is targeting a valuation of almost $27bn when it makes its long-awaited debut on the Hong Kong stock exchange on 1 September, marking a major milestone for the company after years of regulatory obstacles in other major financial centres. The Singapore-headquartered retailer, which was founded in China in 2008, said it plans to offer almost...

Published: 17 August 2026. The English Chronicle Desk. The English Chronicle Online The way business rates are calculated for pubs and hotels in England and Wales is to undergo a major review, in a move that could eventually lead to significant changes in how hospitality businesses are taxed. The Treasury has appointed business rates specialist Jerry Schurder to lead the review, which will examine how properties are valued for business...

Published: 22 August 2026. The English Chronicle Desk. The English Chronicle Online. Canada has vowed to match US tariffs “dollar for dollar” after trade negotiations with Washington collapsed without an agreement, opening a new and potentially damaging chapter in the economic relationship between two of North America’s closest allies. Canadian Prime Minister Mark Carney said Ottawa had negotiated in good faith but could not accept what he described as unfair...

Published: 11 July 2026. The English Chronicle Desk. The English Chronicle Online. The proposed takeover of easyJet by American investment giant Apollo has triggered widespread debate across the aviation industry, raising concerns that Britain's largest airline could soon prioritise financial engineering over passenger experience. While shareholders are celebrating a higher offer and the prospect of stronger returns, industry experts warn that travellers may ultimately bear the cost if one of Europe's...