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Trump calls on US central bank head to quit immediately
The president's public pressure on the Federal Reserve chair underscores ongoing concerns about interest rate policies and their potential impact on the economy and financial marke...
Read Full Article →Trump announces trade deal with Vietnam
The new agreement between the US and Vietnam reduces the upcoming tariff rate to 20%, significantly lowering the cost burden on Vietnamese exports compared to the previously schedu...
Read Full Article →Borrowing costs jump and pound falls after Reeves' tears
Following Chancellor Rachel Reeves' emotional speech in parliament, investors responded by increasing borrowing rates and the British currency experienced a decline in value.
Read Full Article →Trump threatens Japan with tariff up to 35% as deadline looms
The proposed increase in tariffs to 35% could substantially impact trade costs between the two countries, exceeding previous rates and potentially affecting economic relations and...
Read Full Article →TSB name could disappear from UK in Santander deal
The integration of TSB into Santander UK may lead to operational cost savings and workforce reductions, potentially impacting the financial structure and market presence of the com...
Read Full Article →M&S should be 'fully online' within four weeks, says boss
The company's rapid transition to a fully digital platform aims to mitigate the anticipated £300 million profit decline caused by the recent cybersecurity breach.
Read Full Article →Fall in number of people struggling to pay energy bills
The recent survey indicates that fewer individuals in Northern Ireland are experiencing difficulties in managing their electricity and gas expenses compared to previous years.
Read Full Article →Household energy bills fall but may not go much lower
The average monthly cost for gas and electricity in households is expected to decrease by approximately £11, reflecting a notable reduction in domestic energy expenses.
Read Full Article →MP asks Lotus to give clarity to 1,300 workers
The Member of Parliament urged Lotus and Geely to provide transparent communication regarding the future prospects and financial stability affecting the livelihoods of approximatel...
Read Full Article →UK-US tariff deal begins but still no news on steel
The agreement provides the UK automotive sector with favorable trade conditions and eliminates tariffs on aerospace products, potentially enhancing competitiveness and reducing cos...
Read Full Article →Canada drops tech tax to restart US trade talks
Canada's decision to pause the new levy targeting technology companies aims to prevent potential tariffs from the United States, impacting cross-border trade and economic relations...
Read Full Article →The Interview
Philippe Kehren, CEO of Solvay, discusses how strategic decisions and global market trends have influenced the company’s financial performance and growth potential in the current e...
Read Full Article →Boeing's 787 Dreamliner was deemed the 'safest' of planes. The whistleblowers were always less sure
Concerns raised by employees about the production quality of Boeing’s 787 Dreamliner could influence the company’s financial performance due to potential safety issues and increase...
Read Full Article →Uber's dynamic pricing means higher fares and lower earnings for drivers, study finds
A recent University of Oxford study reveals that Uber's flexible fare system has led to increased passenger costs while simultaneously reducing the overall income earned by its dri...
Read Full Article →'How can people afford to have kids?'
In this city, declining birth rates over the past ten years are often linked to economic challenges that make raising children increasingly difficult for many families.
Read Full Article →'We have all the cards' - Trump says he is ending Canada trade talks
The termination of negotiations by the US disrupts efforts to finalize a trade agreement, potentially exposing Canadian exports to increased tariffs and impacting cross-border econ...
Read Full Article →Plans to help benefits recipients into work 'a mess', say DWP officials
Officials have expressed concerns that the current approach to supporting individuals impacted by benefits reductions into employment may lack sufficient planning, potentially affe...
Read Full Article →Nissan Sunderland looking to cut 250 jobs
The potential reduction in workforce at the Sunderland facility may impact production costs and operational efficiency as the company continues to prioritize its transition to elec...
Read Full Article →UK car production plunges to 76-year low for May
The sharp decline in UK automobile manufacturing during May reflects challenges in international trade, notably reduced shipments to the US following tariff changes that have impac...
Read Full Article →Nike says Trump tariffs could raise its costs by $1bn
Nike anticipates that increased expenses resulting from new US trade restrictions may significantly affect its finances, prompting the company to reduce manufacturing dependence on...
Read Full Article →Food giant threatens to close UK biofuel plant after US tariff deal
AB Foods has indicated it may cease operations at the UK's largest bioethanol facility if governmental measures are not implemented to address the challenges arising from recent in...
Read Full Article →Sliced Bread
Homebase's decision to close all its stores had a substantial financial impact, reflecting challenges in profitability, market competition, and operational costs within the home im...
Read Full Article →UK firms to be protected from cheap imports
The government's initiative aims to support domestic companies by mitigating the economic challenges posed by increased tariffs and competitive pricing from foreign markets.
Read Full Article →Bumble to axe almost a third of staff as dating app struggles
Bumble's decision to reduce its workforce by nearly a third highlights ongoing financial challenges despite its previous market success and rapid valuation growth.
Read Full Article →Turmoil and trade wars dominate China's 'summer Davos'
The ongoing conflicts and escalating trade tensions contribute to global economic instability, creating challenges for markets and influencing international investment decisions du...
Read Full Article →'A slap in the face' - Asos bans shoppers for making too many returns
The company’s new policy targeting frequent product returns aims to reduce operational costs, although it has sparked debate over its impact on customer satisfaction and fairness.
Read Full Article →UK vows to spend 5% of GDP on national security by 2035
The UK plans to allocate a substantial portion of its economic output toward enhancing defense capabilities, reflecting a long-term commitment to strengthening national security by...
Read Full Article →Oil prices tumble after Israel agrees to Iran ceasefire
The recent agreement between Israel and Iran has led to a significant decline in crude oil value, falling over 5% to levels not seen since the initial conflict began.
Read Full Article →Google may be forced to make changes to UK online search, says watchdog
The regulatory body’s intervention could alter Google's market presence in the UK, potentially impacting advertising revenues and prompting adjustments in the digital search landsc...
Read Full Article →Strait of Hormuz: What happens if Iran shuts global oil corridor?
A potential closure of the key maritime route by Iran could disrupt international oil supplies, leading to increased energy prices and widespread economic instability across multip...
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