Business
People in China are spending nearly as much of their income as Americans on healthcare
Increasing government spending on healthcare could help boost consumption in China, the International Monetary Fund said.
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spending
Politics
Taiwan to boost military spending to 'deter war' with China
President Lai Ching-te said in a National Day speech that his country is boosting defense spending to 'deter war' with China. It comes after US President Donald Trump asked Taiwan to pay for US protection.
Politics
Taiwan president says defence spending boost aims to ‘deter war’
China condemns Lai's speech, saying it 'disregards facts, distorts the truth, misleads the public'.
Politics
France's conundrum: How to cut spending amid protests
Prime Minister Lecornu is pledging to improve schools at a time when the government seeks to save billions. France's dilemma can be seen across the EU: How to cut spending when citizens are demanding more from the state?
Business
Cut spending to curb runaway borrowing costs, Goldman's Gutman tells governments
Goldman Sachs' Anthony Gutman said lower fiscal deficits are needed tackle surging bond yields.
Business
Some wealthy Americans are spending up to $250,000 a year on longevity care. Here's what doctors say about the practice
The wealthy and ultra-wealthy are spending more on longevity care than ever before. Should you invest your money into similar therapeutics? Experts weigh in.
Business
'How are we expected to pay for it?': Drivers' fears as fuel prices soar
Drivers and firms in the West Midlands say rising prices are hitting budgets and forcing cutbacks.
Business
Jamie Dimon says hyperscaler AI spending could hit $1 trillion next year
JPMorgan CEO Jamie Dimon says AI spending across the hyperscaler ecosystem could reach $1 trillion next year as investment continues to surge.
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Entertainment
Angelina Jolie and Salma Hayek Pinault on Their New Film ‘Without Blood’ and Spending ‘A Lot of Time Talking About Our Pain, Our Losses, Our Traumas’
In “Without Blood,” written and directed by Angelina Jolie, Salma Hayek plays Nina, a woman who spends her adult life looking for the three men responsible for the wartime murder of her father and brother when she was just a child. In two of the cases, her revenge is fatal. But then she meets the […]
Politics
French PM vows to cut public spending by €54 billion to reduce deficit
Prime Minister Sébastien Lecornu said on Thursday that France will cut public spending by €54 billion next year to reduce the country's deficit. The announcement comes seven months ahead of the country's presidential election, and the government is wary of a new wave of demonstrations with a jump in global oil prices sparking concerns over the rising cost of living.
Politics
UK needs 'credible path' on defence spending, says Nato chief
Mark Rutte tells the BBC that UK ministers accept the need to make yearly steps to up spending.