The UK energy regulator, Ofgem, lifted its cap on household bills on the back of rising wholesale gas prices to record levels. Photograph: Clynt Garnham Products/Alamy The Guardian By Richard Partington Increase to 4.2% in October from 3.1% also driven by higher prices in restaurants and hotels UK inflation has increased to its highest level

Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking By Reuters The U.S. dollar edged higher on Friday and is on track for its biggest weekly rise in five months since a surprisingly strong U.S. inflation print shocked markets and prompted

By Anadolu Agency Bitcoin’s market cap at $1.3T surpasses value of Tesla and Meta, formerly known as Facebook The total value of the cryptocurrency market hit a record $3 trillion on Monday, while Bitcoin was trading close to an all-time high, The market capitalization of cryptocurrencies stood at almost $3.03 trillion at 12.05 p.m. EDT,

Chinese People’s Liberation Army personnel at the opening of China’s new military base in Djibouti in August 2017. The base is a mere 16km from Camp Lemonnier, the only permanent US military base in Africa, Credit to/AFP. By Business Daily Africa China has dismissed the US’s claims that Beijing is seeking to establish a military

The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville By Reuters Britain’s shares are near “record cheap” levels as they have lagged their global peers since the Brexit vote, J.P. Morgan said on Monday, boosting its rating of UK stocks. The brokerage upgraded UK stocks

By Business Daily Africa The US has raised the alarm over alleged plans by China to establish a military base in Kenya and extend its grip beyond economic and investment ties, It claimed that the planned base in Kenya is part of China’s pursuit of a global military logistics network to counter the existing interests

Photo/Somali Times Further details can be found in the formal agreement reached on the country’s resource-sharing system, which has been under way for some time, and is being pursued by the federal and state governments. The ministerial committee responsible for advising and deciding on resource issues has finally jointly approved an agreement on the country’s

File – Container trucks pass through a new automated container port in Rizhao in eastern China’s Shandong province on Oct. 9, 2021. China’s export growth slowed slightly in October to 27.1 percent over a year ago, while imports were up 20.6 percent, the customs administration said Sunday, Nov. 7, 2021. (Chinatopix via AP, File) By

President Joe Biden jokes about which reporter to call on for a question as he speaks about the bipartisan infrastructure bill in the State Dinning Room of the White House, Saturday, Nov. 6, 2021, in Washington. (AP Photo/Alex Brandon) Associated Press By ALAN FRAM and ZEKE MILLER WASHINGTON (AP) — President Joe Biden on Saturday

US President Joe Biden speaks during climate change virtual summit from the East Room of the White House campus April 22, 2021, in Washington, DC, Credit to photo/AFP By Business Daily Africa Kenya looks set to benefit after the US suspended duty-free access to Ethiopian exports following ongoing unrest in the country’s Tigray region. The