Business & Economy

Published: 01 September 2026 | The English Chronicle Desk | The English Chronicle Online Canadian Prime Minister Mark Carney has received a significant political boost after his Liberal Party swept all three parliamentary special elections held on Monday, strengthening the government's position as it faces continuing economic and diplomatic tensions with the United States. The results saw the Liberals retain two constituencies in Ontario and British Columbia while also taking...

Published: 01 September 2026. The English Chronicle Desk. The English Chronicle Online Amazon secretly overcharged more than a million advertising customers by manipulating the online auctions used to determine advertising prices, according to a lawsuit filed in the United States by the Federal Trade Commission and a bipartisan coalition of 22 states. The complaint alleges that the e-commerce giant's advertising business generated as much as $20bn (£14.8bn) in additional revenue...

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: 13 August 2026. The English Chronicle Desk. The English Chronicle Online Victoria Beckham's fashion and beauty business has reported its first operating profit since the company was founded in 2008, marking a significant turning point for the brand after years of financial losses and restructuring. Victoria Beckham Holdings Ltd, led by the former Spice Girl as its creative director, recorded an operating profit of £7.3m in 2025, according to...

**Published: 13 August 2026. The English Chronicle Desk. The English Chronicle Online** Shein has been valued at about $26.2bn (£19.3bn) after completing its long-awaited stock market debut in Hong Kong, marking a major milestone for the ultra-fast-fashion company after years of regulatory scrutiny, geopolitical pressure and failed attempts to list in Western markets. The company priced its shares at HK$48.56 each ahead of trading, raising about 13.6bn Hong Kong dollars,...

**Published: 01 September 2026. The English Chronicle Desk. The English Chronicle Online** Japan's biggest companies are stepping up their investment in India as an expanding consumer market, a growing technology sector and rising geopolitical risks surrounding China reshape corporate strategies across Asia. The latest signs of the shift came during a visit to Japan by India's Commerce Minister Piyush Goyal, who led the country's largest-ever business delegation to the country....

Published: 31 August 2026. The English Chronicle Desk. The English Chronicle Online. Turkmenistan has begun repairing some of the enormous methane leaks pouring from its ageing oil and gas infrastructure, marking what United Nations officials and environmental experts have described as a significant breakthrough in the global effort to tackle one of the most dangerous drivers of climate change. The secretive Central Asian state was previously identified as the country...

Published: 29 August 2026.The English Chronicle Desk. The English Chronicle Online. Prime Minister Andy Burnham is heading towards his first major autumn budget under growing pressure from a combination of worsening economic conditions, strict fiscal commitments, rising defence costs and promises to ease the financial burden on households. Burnham returned to Westminster promising what he described as one of the most significant moments of political change in Britain for decades....

Published: 29 August 2026. The English Chronicle Desk. The English Chronicle Online. Millions of households across Great Britain are facing another increase in energy costs this autumn, but consumers could potentially save up to £173 a year by switching from a standard variable tariff to one of the cheaper fixed energy deals currently available. The latest increase in the energy price cap is due to take effect on 1 October,...