Trump has spent decades trying to turn his impulses into reality, whether it’s skyscrapers in Manhattan or casinos in Atlantic City, New Jersey. He once sued a journalist for allegedly underestimating his net worth. During a deposition, Trump said “it goes up and down with the markets and with attitudes and with feelings, even my […]
At least one of the missiles was equipped with cluster munitions in order to maximize casualties, Andriy Yermak, top aide to Zelenskiy, said on Telegram. The missiles involved in Russia’s deadliest strike of 2025 so far were fired from Russia’s Kursk and Voronezh regions, Kyrylo Budanov, the head of Ukraine’s military intelligence agency, said on […]
Ports across the UK and mainland Europe are becoming increasingly congested as the US-China trade war forces hundreds of vessels to divert or stall, causing widespread disruption in global shipping routes. The turmoil follows President Donald Trump’s decision to impose a 145 per cent tariff on Chinese imports, prompting a swift retaliation from Beijing with […]
British sports car manufacturer Lotus is set to cut up to 270 jobs in the UK, citing “volatile and evolving market conditions”, including the impact of new US tariffs on its vehicles. The Norfolk-based company said the restructuring was “vital to enhance our competitiveness” and ensure long-term sustainability. The cuts will affect staff at its […]
IPC, the global electronics association, welcomes the exclusion of key electronics components and technologies (laptops and smartphones) from recently imposed reciprocal tariff measures. These exclusions—covering components, computer parts, telecommunications equipment, and other critical inputs—reflect the importance of the interconnected nature of today’s global electronics supply chains. The electronics industry depends on predictable trade policies to […]
This is the second time in just over two years that she and colleagues find themselves puzzling over a rate decision in the wake of turmoil emanating from the US, but before Fed policymakers met. After the collapse of Silicon Valley Bank prompted market ructions in 2023, the ECB opted not to blink, and delivered […]
BlackRock’s Chief Executive Officer Larry Fink warned on Monday that most CEOs he talks to thinks the US is already in a recession while consumer sentiment plunged to the second-weakest reading on record. Airlines, food and drug stores and supermarkets have all seen falling sales in recent weeks, according to alternative data compiled by Bloomberg, […]