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Deliveroo deal shows UK still can't hang on to big firms
The acquisition by an American company highlights contrasting market conditions and investment appeal between the UK and US, influencing the movement and retention of major corpora...
Read Full Article →Car giant Ford and Barbie maker Mattel warn over tariffs costs
Major corporations, including an automobile manufacturer and a toy company, have highlighted concerns about increased expenses resulting from import duties imposed by the current U...
Read Full Article →India worried about Chinese 'dumping' as trade tensions with Trump escalate
The influx of low-cost products from China may undermine India's export market, potentially leading to reduced revenues and increased challenges for domestic manufacturers in the g...
Read Full Article →OpenAI says non-profit will remain in control after backlash
The decision ensures that the original organization retains oversight, which could impact investment strategies and long-term funding stability amid recent leadership conflicts wit...
Read Full Article →Home heating oil and fuel prices drop to 2021 levels
The recent decline in energy costs has returned to figures last seen in 2021, suggesting potential savings for households reliant on heating oil if they make purchases promptly.
Read Full Article →Trump film tariffs to be part of UK-US trade talks
The proposed duties on American movies could affect the UK film sector's revenue and competitiveness, making their inclusion in trade negotiations important for both countries' eco...
Read Full Article →Trump says non-US movies to be hit with 100% tariffs
The proposed tariffs on international films could impact the revenue streams and market dynamics of the American movie industry by increasing costs and potentially reducing the ava...
Read Full Article →How Carney's election win will change direction of trade war
The recent election victory positions Carney to influence trade negotiations significantly, potentially reshaping economic policies and market dynamics between Canada and the Unite...
Read Full Article →Warren Buffett, 94, stepping down as Berkshire Hathaway CEO
Warren Buffett announced his decision to resign as CEO of Berkshire Hathaway during the company's annual meeting, indicating that Vice-Chairman Greg Abel will succeed him in leadin...
Read Full Article →Profile
The economist serving as a principal White House advisor played a crucial role in developing and implementing international tariff policies that significantly impacted global trade...
Read Full Article →Tariffs on car parts entering the US come into force
The implementation of tariffs on car parts imported to the US, despite a reduction following industry concerns, remains significant, according to analysts who highlight its potenti...
Read Full Article →Wall Street stocks bounce back from Trump tariff losses
Investors responded positively to a stronger-than-anticipated jobs report and increasing optimism regarding US-China trade negotiations, leading to a recovery in Wall Street stocks...
Read Full Article →Co-op cyber attack affects customer data, firm admits, after hackers contact BBC
A recent cyber attack on the Co-op has raised concerns about customer data security, despite the company's earlier assertion that there was no indication of any data breach.
Read Full Article →US jobs grow by more than expected despite tariff turmoil
In April, the addition of 177,000 jobs highlighted the strength of the labor market, exhibiting stability amid ongoing trade tensions and tariff-related challenges faced by the eco...
Read Full Article →Temu to stop selling goods from China directly to US customers
The shift to a local fulfillment approach could impact Temu’s revenue streams and cost structure by involving domestic sellers rather than relying on direct shipments from Chinese...
Read Full Article →Apple braces for $900m blow from Trump tariffs
Apple is expected to face significant financial impact from new tariffs imposed by the Trump administration, although key electronics, including iPhones, remain exempt from the add...
Read Full Article →Harrods latest retailer to be hit by cyber attack
The company temporarily limited online connectivity in its locations after experiencing a cyber incident, which could potentially impact its revenue and operational expenses.
Read Full Article →Xbox prices hiked worldwide amid tariff uncertainty
The company cited rising game development expenses and unpredictable market conditions as key factors leading to the global increase in Xbox pricing.
Read Full Article →Trump tells business chiefs he needs 'little bit of time' as US economy shrinks
The president seeks additional time to address economic challenges following a quarterly GDP decline, attributing responsibility to the previous administration's policies.
Read Full Article →Armagh healthy ready meal firm enters liquidation
A healthy ready meal company from Armagh has ceased operations, resulting in its products being removed from major supermarkets in Northern Ireland, indicating potential financial...
Read Full Article →'We don't care': A defiant China looks beyond Trump's America
Chinese exporters express confidence in their market resilience, indicating that if the US reduces demand for their products, they can pivot to other countries willing to purchase...
Read Full Article →US economy shrinks as firms import more ahead of tariffs
In the first quarter of 2025, the US economy experienced a 0.3% annual contraction, attributed to increased imports by businesses in anticipation of forthcoming tariffs.
Read Full Article →House prices fall in April as stamp duty changes kick in
House prices declined in April due to recently implemented changes in stamp duty thresholds, which were anticipated to impact buyer activity and overall market performance.
Read Full Article →Xi's real test is not Trump's trade war
The key challenge for Xi lies in stabilizing China's domestic economy amid external pressures, as its performance will have significant implications for the country's financial sta...
Read Full Article →Fifty years after the war, Vietnam faces a new US threat - tariffs
Vietnam's economic progress may be jeopardized by potential tariffs from the United States amid the ongoing trade tensions between the US and China, impacting its prosperity trajec...
Read Full Article →Could South America benefit from Trump's trade tariffs?
South American nations might experience an increase in exports due to trade tariffs, as both the United States and China seek alternative suppliers for various goods and services.
Read Full Article →Reeves: There is a deal to be done with the US
Chancellor Rachel Reeves emphasized the potential for a financial agreement during her upcoming discussions with the US counterpart in Washington, highlighting the importance of in...
Read Full Article →Trump has turned his back on the foundation of US economic might - the fallout will be messy
The decision to move away from established economic practices could lead to significant consequences for the US economy, affecting stability and prosperity that have been integral...
Read Full Article →Starmer's response to Trump tariffs is both to slow down and go faster
In response to potential tariffs imposed by the U.S., UK officials are exploring ways to mitigate negative impacts on the economy while also seeking advantageous trade agreements t...
Read Full Article →David Dimbleby: I thought the free market was with us forever - then Trump came along
The rise of populist political movements and changing economic policies signal significant challenges to the prevailing free market ideology, potentially reshaping future financial...
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