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...

India Ramps Up Russian ESPO Oil Imports as Chinese Demand Wanes

India has sharply increased its imports of Russia’s ESPO Blend crude in April, capitalizing on reduced Chinese demand and favorable pricing. Supplies to Indian...

Trump’s Tariffs Trigger Sharp UK Slowdown Amid Record Low Economic Confidence

The UK economy is forecast to slow dramatically over the next two years as Donald Trump’s global tariff policies weigh heavily on business investment...

Trump’s Hardline Policies Trigger $10 Billion Blow to U.S. Tourism Industry

America’s tourism industry is bracing for a staggering $10 billion loss this year as President Donald Trump's immigration crackdowns and trade policies drive international...

Treasury Chief Warns U.S.-China Trade War ‘Unsustainable’ as Trump Pushes Fed to Cut Rates

In a closed-door speech for JPMorgan Chase, U.S. Treasury Secretary Scott Bessent warned that the escalating trade war with China is "unsustainable" and expects...

IMF Warns of Rising Global Financial Threats Amid Trump’s Tariff Turmoil

The International Monetary Fund has issued a stark warning about escalating risks to global financial stability, triggered by former US President Donald Trump’s renewed...

Markets Slide as Trump Slams Fed Chair Powell, Demands Immediate Rate Cuts

U.S. stock markets tumbled Monday as former President Donald Trump intensified his public attacks on Federal Reserve Chair Jerome Powell, calling him “a major...