Desmond Shum built a multibillion-dollar empire in the boom times, and says the economy is in far worse shape than outsiders realize.
Category: Great Britain
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The End of the Magic World’s 50-Year Grudge
In 1973, Uri Geller claimed to bend metal with his mind on live television. Skeptics couldn’t beat him. Now they’ve joined him.
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A Top U.K. Newspaper Explores Its Ties to Slavery, and Britain’s
In a multimedia series, The Guardian becomes the latest British institution to confront — and apologize for — its role in the slave trade.
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Mercedes’ F1 Performance Improves After Adjustments to Its Racecar
The team keeps making changes, and now its drivers are climbing onto the podium.
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Cameron Norrie Goes to Wimbledon as Britain’s Top-Ranked Player
He is the top-ranked British player at the tournament. Seven years ago when that was Andy Murray, he won.
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Facial Recognition Spreads as Tool to Fight Shoplifting
British merchants are increasingly using the technology to combat shoplifting, raising questions about its spread as artificial intelligence rapidly improves it.
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Economists Warn a Summer of Fun Could Lead to Autumn Pain
Consumers are splurging on expensive but fun experiences, from nights out to concerts — and that may force central banks to keep raising rates.
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Bank of England Pushes Interest Rates Up by a Half Point
The central bank raised rates more than expected as inflation shows signs of persistence in Britain.
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U.K. Inflation Remains Stuck at 8.7 Percent
The rate, which had been expected to edge lower in May, shows that Britain’s cost-of-living crisis persists, and is likely to prompt the Bank of England to raise interest rates again.
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Elton John Warns of ‘Growing Swell of Anger and Homophobia’ in U.S.
“We seem to be going backwards,” the pop superstar warned as he lamented the curtailing of L.G.B.T.Q. rights in the United States, particularly in Florida.
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U.K. Moves to Use Frozen Russian Assets to Help Ukraine Rebuild
The government’s announcement follows a pledge made by Group of 7 nations at their annual gathering last month to freeze Russian assets until Moscow pays for the damage done in Ukraine.
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Glenda Jackson, Oscar-Winning Actress Turned Politician, Dies at 87
Ms. Jackson was a two-time Oscar winner who walked away from a successful acting career to become a member of the British Parliament, before then returning to the stage.