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...

$1 Trillion Pay Plan for Musk Sparks “Key Person Risk” Warning

Norway's sovereign wealth fund has issued a "key person risk" warning as its reason for rejecting Elon Musk's $1 trillion pay package. The fund, a...

Russia’s Discounted Crude Finds No Takers in Fearful China

Russia's heavily discounted crude is finding no takers in a Chinese market gripped by fear. A new round of Western sanctions has successfully deterred...

Bubble Watch: Regulators Sound Alarm as Nvidia Hits $5T

As investors cheered Nvidia's historic $5.05 trillion valuation on Wednesday, regulators at the world's top financial institutions were sounding the alarm. The Bank of...

“Great for Everybody”: Trump’s High Hopes for Xi Meeting

President Donald Trump has high hopes for his meeting with Chinese President Xi Jinping, predicting it will be "great for everybody." The "big meeting" is...

Elon Musk Blames Proxy Advisors for Tesla Governance Uncertainty

During Tesla's earnings call, Elon Musk blamed proxy advisory firms for creating governance uncertainty around his trillion-dollar compensation package. The direct blame came as...

‘egregious behavior’: Trump halts Ottawa talks over ad

Citing "egregious behavior," president Trump has halted all trade negotiations with Ottawa. The move was a direct response to an ad from Ontario. The ad...