China announces 34% retaliatory tariffs on US imports
China has announced it will impose additional tariffs of 34 per cent on imports from the US in retaliation for duties of the ...
Meta antitrust case poses first big test of Trump’s new FTC
Meta and the US Federal Trade Commission are set to face off in federal court this month, in the first big test of whether the new Donald Trump-appointed antitrust regulator will continue to crack ...
Microsoft at 50: how adaptability under Nadella is paying off
When Bill Gates and Paul Allen founded the company they called Micro-Soft 50 years ago this week, it was to sell a version of ...
Donald Trump floats China tariff relief in exchange for TikTok sale approval
President Donald Trump has suggested he could cut tariffs on Chinese goods if Beijing allows ByteDance, the Chinese owner of TikTok, to divest the hugely popular video sharing app to avoid a ban in ...
BP chair Helge Lund to step down
BP chair Helge Lund has announced plans to step down after a bruising tenure in which the oil major tried to pivot away from ...
‘Manchester-style’ mayoralty will not work in London
As Jim Waterson reveals in London Centric, his excellent newsletter about the capital’s politics, the leaders of all 32 ...
Trump tariffs live: Global equities under pressure as tariffs shake markets
Prime Minister Shigeru Ishiba described the imposition of across-the-board US tariffs as a “national crisis” as bond yields logged one of their biggest weekly drops in three decades and Tokyo stocks ...
Inflation fears add to pressure on Federal Reserve
“The increased risks to both inflation and employment put the Fed in an even greater bind going forward,” said Krishna Guha, ...
Flight to safety pushes 10-year Treasury yield below 4%
A flight to quality has pushed yields on 10-year Treasuries below 4 per cent for the first time since Donald Trump won last year’s election, as investors look for havens from the market turmoil ...
Europe braces for flood of Chinese goods after US tariffs
EU steel output shrank in 2024, while other countries continued to expand production, according to the OECD. Its latest figures found that global steel excess capacity is expected to grow from an ...
Yesterday was a big day for BTFD
‘ Liberation day ’ proved suboptimal for the stock market. The S&P 500’s 4.84 per cent decline was the 23rd biggest since at least 2000, and a larger drop than the one that followed Lehman’s ...
UK glass factory at risk of closure if no buyer found, says Japanese owner
The Japanese owner of a specialist glass factory in the UK supplying cars and wind turbines has threatened to shut down the site if a buyer or partner cannot be found within two months, putting 250 ...