Finance News – U.K.
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US and China extend tariffs deadline again
The postponement of tariff implementation by the United States and China may influence global trade dynamics and impact market volatility between the two leading economic powers.
Read Full Article →Wage rises slow as retail and hospitality jobs continue to fall making it harder to get a job
Recent data shows that slower growth in earnings is linked to declines in available positions and employment levels within sectors such as retail and hospitality across the UK.
Read Full Article →‘Do not buy these flats’: residents warn about unbearable heat inside London new-builds
The increasing demand for housing combined with inadequate design to manage rising temperatures may lead to decreased property values and higher costs for owners due to necessary m...
Read Full Article →Nvidia and AMD to pay 15% of China chip sales to US
Nvidia and AMD will allocate a portion of their income generated from Chinese chip sales to the US government as a condition for obtaining export licenses to the China market.
Read Full Article →Entertainer founder hands over toy shop chain to staff
The transfer of ownership to employees allows nearly 2,000 workers to participate in profit-sharing and decision-making, potentially improving motivation and aligning interests wit...
Read Full Article →The US is taking a cut from chip sales to China - what does it mean?
Two major companies have agreed to allocate 15% of their earnings from specific advanced semiconductor sales in China to the US government, reflecting a notable impact on cross-bor...
Read Full Article →The Interview
Shoprite's robust financial performance highlights its strategic market position and operational efficiency, underscoring the company's influence within the South African retail se...
Read Full Article →‘A cornucopia’: the coming football season will set a UK record for viewers and income
The upcoming football season is expected to generate unprecedented revenue and audience numbers in the UK, highlighting the critical value of sports broadcasting rights within a co...
Read Full Article →How South Korea's K-beauty industry is being hit by Trump tariffs
The implementation of a 15% tariff on South Korean cosmetics has prompted increased purchasing activity from both consumers and retailers, impacting trade dynamics within the beaut...
Read Full Article →Trump's global tariffs 'victory' may well come at a high price
While the administration views the new international trade measures as a success, the resulting economic shifts could lead to substantial costs and unintended consequences for the...
Read Full Article →The Gulf bets big on AI as it seeks the 'new oil'
The UAE and Saudi Arabia are investing heavily in artificial intelligence technologies through collaboration with the US to drive economic growth and establish themselves as leadin...
Read Full Article →JPMorgan-Coinbase partnership to facilitate crypto trading
The collaboration between JPMorgan and Coinbase highlights an expanding integration of traditional financial institutions with the cryptocurrency market, potentially increasing acc...
Read Full Article →Trump to hit India with 25% tariffs - plus 'penalty' for trade with Russia
The United States plans to impose additional duties and surcharges on imports from India starting August 1, potentially impacting bilateral trade and influencing ongoing negotiatio...
Read Full Article →Trump takes aim at US Fed as import drop lifts economy
The president cited recent trade figures to challenge the central bank's policy approach, emphasizing how changes in imports may influence economic performance and upcoming interes...
Read Full Article →Trump’s gambit: play by his rules or lose
The US-EU trade agreement highlights shifting economic priorities, emphasizing strategic alliances and security considerations that could influence global market dynamics and promp...
Read Full Article →Trump hits India with 25% tariffs and unspecified ‘penalty’
The United States has imposed increased import duties and an additional charge on Indian goods, reflecting tensions over trade practices and bilateral economic relationships involv...
Read Full Article →Trump imposes 25% tariff on India plus ‘penalty’ over ties to Russia
The new US duties on Indian imports, combined with additional charges related to its transactions with Russia, could significantly affect trade volumes and economic relations betwe...
Read Full Article →Taylor Wimpey's profits wiped out by fixing cladding
Taylor Wimpey faced a substantial financial impact due to unexpectedly high expenses associated with cladding removal, totaling £222 million, which eliminated their recent profit g...
Read Full Article →Trump slaps 25 per cent tariffs on India over ties with Russia
The introduction of increased import duties on Indian goods is likely to impact bilateral trade flows, potentially leading to higher costs for importers and affecting economic rela...
Read Full Article →Apollo charges in for stake in £7bn petrol retailer Motor Fuel Group
Apollo Global Management is nearing an agreement to acquire a significant share in Motor Fuel Group, reflecting a major financial transaction in the UK's fuel retail sector valued...
Read Full Article →Official receiver may step in as council care provider NRS Healthcare nears collapse
A private equity-supported healthcare company serving vulnerable patients in England faces potential insolvency, leading government officials to prepare financial strategies in cas...
Read Full Article →Meta and Microsoft face AI earnings test
Investors are closely watching Meta and Microsoft’s upcoming earnings reports to assess how effectively the companies are generating revenue from their substantial investments in a...
Read Full Article →Aston Martin’s 24-hour scramble to get lower US tariffs pays off
By rapidly shipping and invoicing three months of vehicles on the final day of the quarter, Aston Martin minimized import costs and maintained strong financial results, preventing...
Read Full Article →US economy grew at 3% rate in second quarter
Despite a 3% increase in the second quarter, overall economic growth in the first half reflects underlying challenges, with trade policies contributing to complexities in the repor...
Read Full Article →We are witnessing the silencing of American media | Robert Reich
Media companies' financial interests are increasingly influenced by political pressures, as ownership and regulatory approvals can directly impact business valuations and future pr...
Read Full Article →Super League expansion may put future deal with Sky Sports at risk
The proposed increase in Super League teams may complicate upcoming negotiations with their primary broadcaster, as the network is hesitant to cover the additional costs associated...
Read Full Article →Klarna’s AI push takes centre stage ahead of IPO
Klarna's focus on artificial intelligence highlights its strategic efforts to enhance technological capabilities and potentially influence investor confidence as it approaches its...
Read Full Article →Rachel Reeves’ Autumn Budget still causing negativity – CBI
A prominent industry group indicates that ongoing challenges for employers reflect continued unease following last year’s substantial tax increase, highlighting persistent concerns...
Read Full Article →Bank of England officials set to clash on interest rates
Bank of England decision-makers are expected to debate adjustments to borrowing costs, which could influence inflation control and economic growth amid differing opinions among pol...
Read Full Article →Tariffs and judicial chaos shake investor confidence in Mexico: ‘Everything has been put on hold’
The current unpredictability surrounding trade policies and legal reforms is causing investors to delay or reconsider funding, potentially impacting Mexico’s economic growth and in...
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