The battle for the soul of New York City is set to reach new heights as Zohran Mamdani, aged 34, takes office as the 111th mayor. His arrival signals a
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The United States has unveiled plans for an $80 billion (£66.7 billion) investment in a fleet of nuclear power stations, aiming to deliver electricity at a cost substantially below that
The Trump administration is actively considering the introduction of significant restrictions on the export of goods to China, if they incorporate or are manufactured with United States software. This dramatic
BP and its Japanese partner Jera have announced a halt to the Beacon Wind offshore project off the coast of Massachusetts, effectively withdrawing from the US offshore wind sector for
AstraZeneca has announced a major shift in its transatlantic pricing strategy, pledging to sharply reduce the cost of its medicines in the United States following mounting political pressure. The pharmaceutical
The US dollar faced unprecedented pressure amid tariff-related turmoil earlier this year, raising concerns about its enduring reputation as a global safe haven. According to a report from the International
The US Federal Reserve has reduced its benchmark interest rate for the first time in 2025 marking a pivotal moment for global markets and US economic policy. The quarter point
Sir Keir Starmer has relinquished efforts to secure tariff-free access for British steel exports to the United States, shifting his focus towards confirming a permanent 25 per cent tariff arrangement
The latest figures reveal that inflation in the United States ticked up slightly in August, largely due to businesses transferring the burden of Trump-era tariffs on to shoppers. According to
Inflation in the United States accelerated to 2.9 per cent in August, with the central bank expected to respond with its first interest rate cut of the year at its
Watches of Switzerland, the prominent luxury timepiece retailer featuring brands such as Rolex and Patek Philippe, has moved to reassure investors that the recent 39 per cent tariffs imposed by
JCB, Britains largest privately owned engineering firm, has sounded the alarm after a dramatic escalation in US tariffs on exports could cost the company hundreds of millions of pounds. The
Apple has announced a substantial new investment of $100 billion in United States manufacturing as the tech giant seeks to offset the consequences of President Donald Trump’s intensifying trade tariffs.
President Trump has escalated trade tensions with India by increasing tariffs on Indian imports to a steep 50 per cent. This move follows Delhi’s continued purchase of Russian oil, a
President Trump has alleged that two of America’s largest banking institutions, JPMorgan Chase and Bank of America, have refused to do business with him due to political motivations. During an
Procter & Gamble, the globe’s largest consumer goods company, has issued a cautious outlook for the year ahead, despite delivering a modest rise in quarterly sales that outpaced analysts’ expectations.
