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...

Trading Caution: Administration Puts a Hold on Aggressive Chip Tariff Schedule

The planned, swift implementation of sweeping semiconductor tariffs, a key economic policy inherited from the previous administration, is being discreetly slowed down by US...

Steel Industry “Encouraged” by Kyle’s Vision, But Demands Action on Energy

Industry lobby group UK Steel says it is "encouraged" by the "clear future vision" set out by Business Secretary Peter Kyle, who has backed...

Atlanta Fed President Bostic to Retire Six Years Early

Raphael W. Bostic, the president of the Federal Reserve Bank of Atlanta, is retiring six years early. Bostic, 59, will step down in February,...

High-Stakes Wager: SoftBank Trades Chip Certainty for OpenAI’s Future

SoftBank has executed a definitive, high-stakes move, shedding its secure $5.8 billion position in the chip-manufacturing powerhouse Nvidia. This aggressive liquidation is solely intended...

“Mockery of Deals”: Add-On US Tariffs Threaten UK/EU Trade Stability

European industry leaders are warning that a new "add-on" tariff policy from the US "makes a mockery" of their existing trade deals. The US...

How Apple Will Pay Google $1B for AI Without Sharing User Data

Apple has solved its AI dilemma with a $1 billion-a-year check to Google and a "walled-off" privacy architecture. The company will use Google's 1.2...