Trump, EU reach contours of trade deal with 15% tariffs

The Washington Post|Published

In a significant move, US President Donald Trump announced a trade agreement with the EU, imposing a 15% tariff on imports, a reduction from his previous threat of 30%. This deal comes after contentious negotiations and could reshape US-EU trade rela…

Small businesses warn of Trump tariff impact on toy industry at Comic-Con

AFP|Published

Toy companies have been fretting about the impact of Trump's global tariff blitz on the industry, particularly when it comes to China.

Cognac maker Remy Cointreau lifts guidance after China deal

AFP|Published

A major reason behind the improvement is the agreement earlier this month by European brandy exporters to raise prices in China to avoid anti-dumping duties, ending ...

New cryptocurrency may be aiding Russia to dodge sanctions

AFP|Published

Multiple rounds of international sanctions have been imposed on Moscow since its February 2022 invasion of Ukraine seeking to ramp up economic pressure to halt the ...

Primary Health Properties delivers robust interims amid rental growth, Irish acquisition

Philippa Larkin|Published

Primary Health Properties (PHP) announces impressive interim results for the first half of 2025, showcasing earnings growth driven by increased rental income and ...

Tesla’s sales fall most in a decade in another rough quarter

Bloomberg|Published

Tesla's latest earnings report reveals a significant sales decline, raising concerns over its future amid increasing competition and CEO Elon Musk's polarising leadership ...

Who makes laundry smell nice? Meet the professional 'noses'

AFP|Published

These busy heroes of the world of smells and aromas shape the connection millions of consumers have with everyday items.

The Pacific island nation that wants to mine the ocean floor

AFP|Published

Fringed by sparkling lagoons and palm-shaded beaches, Pacific nation the Cook Islands has opened its vast ocean territory for mining exploration.

Trump announces 'massive' Japan trade deal

AFP|Published

In an attempt to slash his country's colossal trade deficit, the US president has vowed to hit dozens of countries with punitive "reciprocal" tariffs if they do ...

Microsoft rushes to stop hackers from wreaking global havoc

Bloomberg|Published

Global organisations face a significant threat as hackers exploit a critical vulnerability in Microsoft SharePoint, prompting urgent action from the tech giant to ...

London office market recovery gathers pace due to space shortage

Bloomberg|Published

London's office market is on the rise as demand rebounds and new developments dwindle, leading to a significant drop in vacancy rates. Prices have surged 6% since ...

Mozambique nears deal to revive Total’s $20 billion LNG plan

AFP|Published

As Mozambique's President Daniel Chapo nears a deal with TotalEnergies to restart a $20 billion LNG project, can the nation overcome its security challenges?

World's major courts take growing role in climate fight

AFP|Published

Almost 3,000 climate cases have been filed up to the end of 2024, in nearly 60 countries, according to the Grantham Research Institute, using data compiled by the ...

BP appoints new chairman after energy strategy reset

AFP|Published

Manifold will take the role at a challenging time for BP, following a difficult trading year and pressure from investors to boost its share price.

US tariffs, laws push Jeep owner Stellantis into €2. 3bn first-half net loss

Published

Discover how US tariffs and new legislation have plunged Stellantis into a staggering €2. 3bn loss in the first half of the year, as sales in North America continue ...

US Congress approves $9 bn in Trump cuts to foreign aid, public media

AFP|Published

The cuts achieve only a tiny fraction of the $1 trillion in annual savings that tech billionaire and estranged Trump donor Elon Musk vowed to find before his acrimonious ...

China mulls economy-boosting measures to counter 'severe situation'

AFP|Published

Retail sales rose far less than expected last month and were much weaker than May, suggesting efforts to kickstart consumption have fallen flat.

Swatch profits plunge on weak China sales

AFP|Published

Swatch Group's profitability takes a hit as weak sales in China overshadow growth in other regions, with net sales falling 11. 2% and profits plunging 88%. The company ...

Huawei reclaims top spot in China's phone market: data

AFP|Published

Huawei has reclaimed its position as the leading smartphone brand in China, outpacing Apple and local competitors, according to the latest IDC report. This significant ...

UK fines Barclays bank £42m for crime risk failings

AFP|Published

Barclays bank has been fined £42 million by the UK's FCA for serious lapses in financial crime risk management, raising concerns about the effectiveness of banking ...