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...

GM’s Financial Trajectory Improves with Trade Policy Clarity

Trade policy clarity is improving General Motors' financial trajectory. The company now projects adjusted core profits ranging from $12 billion to $13 billion. Import tariffs...

Global Markets Shudder as US Bank Woes Revive Crisis Fears

Global markets shuddered as bad loan woes at two US regional banks revived fears of a 2023-style financial crisis. The news sparked a sell-off...

The Ripple Effect: How US Policy on Tariffs and Immigration Threatens the World

A new report from a global financial authority details the powerful ripple effect of US policy, warning that Washington's stance on trade tariffs and...

A War of Words Erupts, With Trillions of Dollars on the Line

A fierce war of words has erupted between Washington and Beijing, but these are no empty threats—there are trillions of dollars of economic value...

Reshaping the Chip Market: OpenAI-AMD Alliance Creates a New Center of Gravity

The newly formed alliance between OpenAI and AMD is reshaping the chip market, creating a powerful new center of gravity that will challenge the...

“Demand Trailing Ambition”: SMMT’s Sobering Take on Record EV Sales

Despite celebrating a record-breaking month for electric vehicle sales, the UK's leading auto industry body has offered a sobering assessment, noting that "demand still...