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Chinese companies purge supply chain of foreign parts amid US trade war
Chinese firms are increasingly sourcing components domestically to reduce dependency on foreign suppliers, aiming to mitigate the impact of tariffs and enhance economic resilience...
Read Full Article →US claims ‘substantial progress’ after two days of trade talks with China
The recent discussions between American and Chinese trade representatives have potentially paved the way for improved economic relations, which could positively influence markets a...
Read Full Article →OpenAI negotiates with Microsoft to unlock new funding and future IPO
OpenAI’s ongoing discussions with Microsoft to secure additional investment and support are crucial for transitioning to a profit-driven structure and preparing for a potential pub...
Read Full Article →Saudi Aramco cuts its dividend by $10bn
The reduction in distributions from the oil giant may impact Saudi Arabia’s economic strategy, potentially affecting funding available for its long-term efforts to diversify the na...
Read Full Article →Internal trade barriers are as stifling as tariffs
Eliminating domestic obstacles can have a substantial economic impact, potentially outweighing international tariffs, and is crucial for improving trade competitiveness during peri...
Read Full Article →Tariff-fuelled tumult could dent appeal of US assets, watchdog warns
Volatility in the market driven by trade policies may reduce foreign investment interest in American financial instruments, potentially impacting overall economic stability and cap...
Read Full Article →Insurers launch cover for losses caused by AI chatbot errors
Insurance providers have introduced policies that offer financial protection for expenses like litigation and settlements resulting from malfunctions or mistakes made by artificial...
Read Full Article →Trump has shaken Europe out of ‘lethargic’ habits, says DWS chief
According to Stefan Hoops, increased tensions from the trade conflict have prompted European businesses to accelerate investment and economic activity, breaking a period of slow fi...
Read Full Article →US military leaders wade into fight over tax breaks for critical minerals
The involvement of military officials highlights the complex political debates over tax incentives designed to support essential minerals under recent legislation aimed at boosting...
Read Full Article →China and US kick off high-stakes trade talks in Geneva
The discussions between Chinese and American representatives in Geneva could potentially influence global markets by impacting tariff policies and trade relations between the two l...
Read Full Article →Rachel Reeves prepares to launch Isa review
The Treasury is set to start a consultation aimed at encouraging UK investors to increase their participation in domestic stock markets, potentially influencing savings and investm...
Read Full Article →Uber wins multimillion-pound reprieve on disputed UK tax payments
The recent legal outcome has relieved the ridesharing company from a substantial VAT liability, potentially affecting its financial obligations and cash flow in the UK market.
Read Full Article →What the turmoil in Asian currencies tells us
The recent instability in Asian exchange rates highlights how errors in U.S. geopolitical decisions and domestic policies could pose substantial challenges to the dollar’s financia...
Read Full Article →UK hits key figures in Russian oil trade with sanctions
The new restrictions aim to strengthen economic tactics by focusing on prominent Azerbaijani oil leaders connected to Russian trade, potentially impacting financial flows between t...
Read Full Article →Trump signals openness to cutting China tariffs ahead of Geneva talks
The potential reduction in import duties between the US and China could influence trade balances and market dynamics, coinciding with China’s announcement of a rise in internationa...
Read Full Article →US-UK trade deal squeezes China supply chains
The recently negotiated agreement between the United States and the United Kingdom introduces regulations affecting key industries, potentially disrupting Chinese manufacturing net...
Read Full Article →Donald Trump says 80% tariff on China ‘seems right’ ahead of trade talks
The announcement of a higher tariff rate on imports from China has impacted financial markets, reflecting concerns over potential escalation in trade tensions and its effects on ec...
Read Full Article →UK-US trade deal still leaves Britain facing high tariffs, says BoE governor
The recent agreement between the UK and US is viewed positively by officials, yet ongoing ambiguity continues to impact companies’ financial planning due to the persistence of subs...
Read Full Article →German stocks hit record high as trade optimism swirls in markets
The Dax index reached an unprecedented level, marking the first major European market to fully rebound from earlier declines caused by concerns over potential US tariffs.
Read Full Article →British Airways owner orders 53 Boeing and Airbus planes in bet on long-haul flying
The acquisition of 53 new aircraft by the airline's parent company reflects confidence in sustained long-distance travel demand amidst ongoing economic challenges.
Read Full Article →China’s He Lifeng: Xi’s ally leading trade talks with US
He Lifeng, a vice-premier closely associated with China’s top leadership, plays a crucial role in negotiating trade agreements with the US, potentially impacting economic relations...
Read Full Article →Welcome to the new age of geoeconomics
The evolving interplay between technology, commerce, monetary systems, and defense strategies is reshaping global financial dynamics in ways that differ significantly from previous...
Read Full Article →Mid-tier law firms increase bonuses for juniors working long hours
Several mid-level legal practices have raised compensation for junior employees as an incentive to acknowledge and reward extended working hours and higher billable targets.
Read Full Article →Pension funds should invest more in UK equities, investors tell ministers
Investors encouraged government officials to increase pension fund allocations in British shares to enhance market confidence and potentially stimulate economic growth within the U...
Read Full Article →China reports bumper April exports ahead of crucial trade talks with US
China's increased shipments to regions like south-east Asia and Europe helped balance overall export performance despite a decline in sales to the United States, impacting trade di...
Read Full Article →US and UK seal first deal of Trump’s trade war
The recent agreement between the US and UK reduces certain tariffs, potentially affecting trade flows and market dynamics, though some experts question its long-term economic impac...
Read Full Article →Cars, cows, crops: the winners and losers from Trump’s trade deal with Britain
The trade agreement between the UK and the US has altered export costs, but experts note that the UK continues to encounter increased tariffs on goods compared to conditions prior...
Read Full Article →Months of talks, then a late scramble: how the UK finally struck a US trade deal
After prolonged negotiations, the UK secured a trade agreement with the US that aims to reduce tariff-related costs and support economic stability between the two countries.
Read Full Article →Bulgarian spy helped Wirecard’s Marsalek plan Kabul airlift for CIA, court told
During the court proceedings, it was discussed that an individual linked to Bulgarian intelligence allegedly assisted in organizing a Kabul evacuation involving Wirecard’s Marsalek...
Read Full Article →Britain’s trade deal with Trump may not be good news for the world
The agreement negotiated under Trump’s administration could potentially impact global economic cooperation and create financial uncertainties for the United Kingdom's international...
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