Deliveroo, the FTSE 250-listed food delivery company, has announced its decision to exit the Hong Kong market after nine years of operation, citing overwhelming competition from rivals. The company revealed
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The Bank of England’s governor, Andrew Bailey, has warned of substantial risks to the UK economy and the global economy stemming from President Trump’s aggressive trade policies. Speaking to MPs
Consumers in the United States have been urged to prepare for increased prices following the implementation of new tariffs by former president Donald Trump. On Monday, a 25 per cent
President Trump’s decision to impose sweeping tariffs on goods from Canada, Mexico, and China has brought an end to weeks of speculation over his trade policies. The introduction of these
Deutsche Bank has sounded the alarm on the potential decline of the US dollar’s long-held safe haven status. Recent developments in global markets suggest cracks are beginning to show in
American stock markets have suffered significant losses, erasing all the gains made since President Trump’s second-term inauguration in January. Investor concerns over the wide-reaching economic consequences of a fresh wave
The global energy landscape stands poised for a significant transformation as prospects of peace between Russia and Ukraine emerge, potentially reshaping market dynamics in favour of US interests. The anticipated
The United States has become a precarious investment destination under Donald Trump’s leadership, according to Nobel prize-winning economist Joseph Stiglitz, who warns of looming stagflation risks amid escalating policy uncertainties.
One of the world’s leading computer manufacturers has announced a significant price increase directly attributed to Donald Trump’s latest trade policies. Acer’s chief executive and chairman, Jason Chen, has confirmed
Scottish salmon exports have reached unprecedented heights, with overseas sales soaring to £844 million in 2024, marking a substantial 45 per cent year-on-year increase. The impressive figures, reported by HM
China has struck back at President Trump’s recent trade measures by implementing tariffs on American products, including liquid natural gas, coal and oil. The swift retaliation follows Trump’s imposition of
Vodafone’s ongoing turnaround efforts have hit a snag as sales deteriorate in its largest market, Germany, despite showing promising growth in other regions. The telecommunications giant reported a 5.2 per
The world’s largest spirits manufacturer, Diageo, has abandoned its medium-term sales growth target of 5-7% amid mounting pressures from potential US tariffs and global market volatility. The decision marks a
The world’s leading spirits manufacturer, Diageo, finds itself at a critical juncture as investors grow increasingly concerned about the company’s performance under new leadership. The £55bn British drinks giant, known
The spectre of a widening trade war looms over global markets as Donald Trump signals his intent to target European trade relations following his recent pause on tariffs with Canada
Global markets experienced significant volatility as Donald Trump stepped back from an imminent trade war with Canada and Mexico by delaying the implementation of sweeping new US tariffs. The US
