News from The Guardian – Business
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Americans would suffer most if Trump imposes pharma tariffs, sector warns
Imposing tariffs on pharmaceutical imports could disrupt supply chains and increase medication costs, potentially making essential treatments less accessible for many individuals a...
Read Full Article →Trump’s movie tariffs are designed to destroy the international film industry
The proposed tariffs on foreign-produced films could significantly increase costs for international studios and distributors, potentially disrupting global production networks and...
Read Full Article →Bank of England poised to cut rates as fears grow over impact of Trump tariffs
The expected reduction in the central bank’s base rate reflects concerns about economic growth and employment due to ongoing international trade tensions, potentially influencing b...
Read Full Article →Sainsbury’s tea to return to Fairtrade label after dropping it in 2017
Sainsbury’s decision to reintroduce Fairtrade certification on its tea products is expected to significantly boost the volume of ethically sourced tea sold across the UK market.
Read Full Article →UK should not fear trade with China – but needs to keep risks in check | Gerard Lyons
The UK can benefit economically from expanding commerce with China, particularly in sustainable finance, while maintaining cautious measures to manage security and geopolitical unc...
Read Full Article →Trump’s tariffs get one thing right: capitalism is changing | Avram C Alpert
The implementation of broad tariffs reflects a shift in economic strategy, emphasizing national security concerns over traditional free-trade principles, which could significantly...
Read Full Article →Donald Trump announces tariff on movies from 'other nations' – video
The proposed 100% tax on imported films aims to protect domestic production and potentially influence the allocation of the billions spent annually on global content creation.
Read Full Article →HMRC under fire for taking more than four months to process tax refunds
Extended wait times for tax repayments may impact cash flow and financial planning for individuals and small enterprises, especially as the tax authority phases out a complimentary...
Read Full Article →UK wins £500m in science grants from EU Horizon scheme after Brexit lockout
British scientific institutions have secured approximately £500 million in research funding from the EU Horizon program within the first year of rejoining, marking a notable recove...
Read Full Article →Trump announces 100% tariffs on movies ‘produced in foreign lands’
The implementation of a full tariff on imported films could significantly increase costs for distributors and affect international trade relations within the entertainment sector.
Read Full Article →The Guardian view on Labour’s pension reforms: building on flawed foundations | Editorial
Labour’s proposal to direct retirement savings toward domestic infrastructure aims to stimulate economic growth but faces challenges related to fund size, risk, and the balance bet...
Read Full Article →Shell reportedly weighing up merits of making move to buy BP
A potential acquisition of BP by Shell could significantly reshape market dynamics and represent one of the largest transactions in the energy sector’s history.
Read Full Article →Business figures pay tribute to Warren Buffett after retirement announcement
Warren Buffett’s decision to step down from his leadership role at a major investment company marks a significant transition in the management of a multi-billion-dollar enterprise,...
Read Full Article →Sheet show: MyPillow pitchman Mike Lindell’s Trumpified ‘news venture’
Mike Lindell’s new media and merchandise platform combines politically charged content with sales of branded bedding, creating a unique revenue stream that blends activism with con...
Read Full Article →LA’s bustling ports hit by Trump tariffs: ‘Everyone in the US will feel this’
The recent tariffs have disrupted shipping activities at Southern California’s major port area, potentially causing widespread economic repercussions due to slowed cargo movement a...
Read Full Article →Donald Trump’s cartoon-like chaos leaves US economy on unstable course | Heather Stewart
The unpredictable trade measures and inconsistent leadership have contributed to economic instability, causing businesses and consumers to approach financial decisions with increas...
Read Full Article →French police investigate spate of cryptocurrency millionaire kidnappings
The recent rise in abductions targeting individuals associated with digital asset wealth poses substantial risks to their financial security and could impact investor confidence in...
Read Full Article →BMW ends 180 agency staff contracts at Mini factory in Oxford
The termination of temporary contracts at BMW’s Oxford plant reflects broader economic challenges faced by British carmakers due to increased US import taxes and resulting market u...
Read Full Article →Trump feels tug of political gravity as economy falters and polls plunge
The declining economic performance and falling approval ratings have raised concerns among investors and policymakers about the potential impact on market stability and future fisc...
Read Full Article →How Trump’s love for crypto threatens US residents’ peace: ‘I just want quiet’
The expansion of cryptocurrency mining operations under new policies could increase noise pollution in communities, potentially affecting property values and residents’ overall fin...
Read Full Article →ITV and Channel 4 face summer of uncertainty amidst leadership issues and potential mergers
The leadership changes at Channel 4 and ongoing discussions about ITV's programming merger could significantly impact investor confidence and the financial stability of these major...
Read Full Article →Who is behind the great rock’n’roll ripoff? How Ticketmaster swallowed the live entertainment scene
The dominance of a major ticketing company has led to increased costs and fees for live event attendees, significantly impacting affordability and accessibility across the entertai...
Read Full Article →Spin doctors: gambling firms adopt hard tactics to flood towns with 24-hour slot machines
The increased presence of round-the-clock slot machines significantly boosts revenue for gambling companies while challenging local councils striving to regulate market expansion a...
Read Full Article →Meta and Shopify urged to act as scale of ‘ghost stores’ preying on Australian online shoppers revea...
The prevalence of deceptive online retailers marketing counterfeit or substandard goods in Australia poses significant financial risks to consumers and highlights the need for plat...
Read Full Article →Warren Buffett announces retirement from leading Berkshire Hathaway
Warren Buffett's retirement announcement raises significant implications for Berkshire Hathaway's management and investor confidence, as his chosen successor, Greg Abel, prepares t...
Read Full Article →Treasury threatens Defra with £4bn bill if Thames Water nationalised
The Treasury's warning about a potential £4 billion expense highlights ongoing tensions over Thames Water's future, as officials seek a private investor to prevent the company from...
Read Full Article →Financial markets have become a bulwark against populist excesses | Phillip Inman
Global financial markets are responding to electoral shifts and populist movements, demonstrating a protective stance against radical economic changes proposed by some political le...
Read Full Article →Tech oligarchs are gambling our future on a fantasy | Adam Becker
The financial influence of prominent technology leaders shapes investment trends and market dynamics, affecting economic priorities and regulatory responses that impact broader soc...
Read Full Article →Clothing shortages, food waste and millions lost each day: inside the M&S cyber-attack chaos
The cyber-attack on Marks & Spencer has disrupted operations, resulting in substantial financial losses daily, affecting online orders and inventory management across both food and...
Read Full Article →Trump’s Truth Social posts make no sense – what do they say about his mentality?
The limited engagement on Truth Social highlights challenges in monetizing the platform and its potential impact on Trump’s financial interests linked to his online presence.
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