Business

Chery Commits to Liverpool European Hub in Major Automotive Play

Chinese automotive giant Chery is setting up its European research and development headquarters in Liverpool, positioning Merseyside as the central hub for its European commercial vehicle operations. The state-owned...

EasyJet Boss Brands EU Cabin Bag Rules Impediment to Network Expansion

The chief executive of EasyJet has suggested that European Union baggage regulations could impede airline network expansion by...

Trump Holds South Korea Accountable with 25% Tariff Ultimatum

Donald Trump has held South Korea accountable with an ultimatum of 25% tariffs on major exports, citing failure...

Securing the Future: Why Economists Want German Gold Back on Home Soil

The conversation surrounding Germany’s gold reserves is shifting from "how much" to "where." As the world enters a...

Transatlantic Commercial Opportunity Worth Billions Evaporates

Brussels has formally suspended the ratification of its trade agreement with the United States following President Trump's linkage...

Greenback’s Perilous Path: Worst First Half in Decades as Policies Unfold

The US dollar is on a perilous path, recording its worst first half-year performance in decades, with a 10.8% drop against a basket of...

Lotus: UK Operations Prioritised as Tariffs Ease

Lotus is prioritising its UK operations, confirming to Business Secretary Jonathan Reynolds that its Norfolk factory will not be shut down, as US tariffs...

Agricultural Grievances Resurface as Digital Tax Triggers Trade War

President Trump's decision to terminate Canada trade negotiations has brought longstanding agricultural grievances back to the forefront, with his criticism of 400% dairy tariffs...

European Production Stagnation Compounds Trade War Vulnerabilities

European industrial production remains significantly below 2019 pre-pandemic levels, creating additional vulnerability as the continent confronts escalating American trade pressure. This economic weakness undermines...

UK Customs Revenue Declines Despite Chinese Import Surge

UK customs revenue is facing unexpected challenges despite the surge in Chinese imports, with May's 16.1% increase not translating into proportional duty collections. The...

Gold’s Value Erosion: Peace Brings Down Safe-Haven Demand

Gold experienced a clear erosion of its value on Tuesday, with prices falling more than 1%, as peace returned to the Middle East. The...