UK economy grows by better-than-expected 0.3% in second quarter

Thousands of sunbathers enjoy the hot, sunny weather on Brighton Beach in East Sussex. An amber heat-health alert is active nationwide, with temperatures expected to reach 34°C, during the UK’s fourth heatwave of the year. The U.K. economy expanded by a better-than-expected 0.3% in the second quarter, according to preliminary estimates from the U.K.’s Office…

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European markets on Thurs Aug 14

European shares open higher We’re half an hour into Thursday’s session, and the pan-European Stoxx 600 has so far gained 0.2%, with most sectors in positive territory. The German DAX and France’s CAC 40 are both around 0.3% higher, while London’s FTSE 100 is down by 0.2%. Carlsberg’s second-quarter sales miss expectations on soft volumes…

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AI demand boosts iPhone maker Foxconn’s second-quarter profit by 27%, beating forecasts

Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025.   Taiwan’s Foxconn, the world’s largest contract electronics maker, reported Thursday that its second-quarter operating profit rose 27% year over year, on the strength of its growing artificial intelligence server business. Here’s…

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Asia stock markets today: live updates

Asia-Pacific markets ended the day mixed Asia-Pacific markets mostly closed lower Thursday. Hong Kong’s Hang Seng Index dropped by 0.37% to close at 25,519.32, while mainland China’s CSI 300 index was flat at 4,173.31. Meanwhile, South Korea’s Kospi index closed flat at 3,225.66, while the small-cap Kosdaq ticked up 0.14% to 815.26. Australia’s S&P/ASX 200 benchmark advanced 0.53% to 8,8738.80, after hitting an…

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