European carmakers, the intended beneficiaries of the new US-EU trade deal, are now caught in a frustrating waiting game as their promised tariff relief is delayed by the intricacies of …
Business
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In a bold move, AI startup Perplexity has launched a $34.5 billion bid to acquire Google’s Chrome browser. The offer is a strategic maneuver to capitalize on the ongoing U.S. …
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Citing an “extraordinary situation,” Ørsted’s chief executive Rasmus Errboe has overseen the announcement of a $9 billion fundraiser as the company’s stock collapsed to its lowest point in history. The …
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The central banking authority has delivered its fifth interest rate reduction of the year, implementing a 0.25% cut that brings the key rate to 4%. While this decision maintains the …
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In a controversial move, Tesla’s board of directors has approved a new $29 billion stock award for CEO Elon Musk, following the invalidation of his previous pay package by a …
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Business
Trump’s Tariffs Cast Long Shadow: UK Rate Cut a Response to Global Trade War
by admin477351Donald Trump’s latest round of import tariffs is casting a long shadow over the global economy, directly influencing the Bank of England’s widely anticipated interest rate cut this Thursday. A …
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Shares of Watches of Switzerland Group Plc fell by as much as 6% today, as the company became the first major casualty of a new US trade policy. The policy, …
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The United States and the European Union have finalized a major trade agreement after months of tense negotiations, avoiding the threat of a damaging transatlantic trade war. The deal, reached …
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The UK government is considering an unprecedented move to overrule the Supreme Court regarding a potential £44 billion car loan commission scandal. Chancellor Rachel Reeves is weighing options to retrospectively …
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Business
EU Steel Industry Reels as U.S. Refuses to Lift 50% Tariff in New Trade Deal Draft
by admin477351The European Union faces a major setback in trade negotiations with the United States, as a new draft agreement fails to reduce the punishing 50% steel tariff first introduced by …