Amidst a broader transatlantic trade showdown, the European Union is actively seeking immediate tariff relief for its auto industry, which currently faces a hefty 27.5% US tariff. This critical demand …
Business
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In a strategic move, the EU is reportedly prepared to accept 10% tariffs from the US as part of a “framework” trade deal, aiming to avoid a full-blown trade war …
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Santander is making a bold move to increase its dominance in the UK market with the proposed £2.65 billion acquisition of TSB. This significant takeover would position Santander as the …
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The US dollar has plunged, recording its worst first half-year in over 50 years, with a 10.8% decline against a basket of currencies. This significant drop is a direct result …
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Lotus has confirmed that its Hethel plant in Norfolk will not be shut down, despite earlier talks from Lotus Technology’s CEO about exploring US “localisation plans.” This assurance was given …
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The positive momentum generated by the G7 summit in Alberta has been completely undermined by the digital services tax dispute, as President Trump’s decision to terminate trade negotiations destroys what …
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German industrial production remains significantly below 2019 pre-crisis levels despite years of recovery efforts, creating additional vulnerability as the country faces escalating American trade pressure. This economic weakness undermines Germany’s …
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Chinese exporters are taking advantage of the UK’s relatively open trade policies to establish a stronger market presence amid global trade tensions. May’s 16.1% export surge demonstrates the effectiveness of …
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Gold took a hit on Tuesday, with prices falling over 1%, as geopolitical calm spurred renewed investor confidence. The ceasefire between Israel and Iran, ending their 12-day conflict, significantly reduced …
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Oil prices fluctuated significantly as the declared Israel-Iran truce remained tenuous, leading to an initial sharp fall followed by a substantial recovery. Brent crude, the global benchmark, demonstrated the immediate …