Sir Jim Ratcliffe’s Ineos Automotive could find itself in dire straits due to the proposed rise in US tariffs on the automotive sector. The chief executive, Lynn Calder, has expressed
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Mark Carney, the newly installed Prime Minister of Canada, has announced a snap election, casting it as a pivotal battle to safeguard the nation’s sovereignty against escalating challenges from President
Prudential, the Asia-focused insurer, has reported a robust 2024 performance and projected more than 10% growth across key metrics for 2025. This forecast comes amidst increasing demand for long-term savings,
Accenture, one of the world’s largest consultancy firms, has reported a significant slowdown in revenue growth due to sweeping government cost-cutting measures in the United States. These cuts are being
Fresh concerns have emerged over global trade relations as a crucial phone call between US President Donald Trump and Chinese President Xi Jinping was unexpectedly postponed, sparking renewed fears of
French far-right leader Marine Le Pen has issued a stark warning to Prime Minister Michel Barnier’s government, threatening to initiate its collapse over contentious budget proposals. The National Rally leader’s
Russian exporters are increasingly embracing barter trade arrangements to circumvent payment delays stemming from Western sanctions imposed following Moscow’s invasion of Ukraine. The shift comes as foreign banks distance themselves
In a dramatic culmination of the US presidential race, Donald Trump has intensified his confrontational rhetoric while Kamala Harris maintains an optimistic message as both candidates traverse crucial battleground states
Chinese authorities have launched an aggressive campaign to recover unpaid taxes from wealthy individuals and corporations, signalling a significant shift in the nation’s fiscal policy amid economic pressures. The move
A significant supply chain crisis has struck Skydio, the largest drone manufacturer in the United States and a crucial supplier to Ukraine’s military forces, following Beijing’s implementation of extensive sanctions.
A retailer is rare even in this exclusive district of London’s St James’s Street. Among the gentleman’s clubs, shops that sell top-end cigars and shotguns are a number of retailers
The FTSE-100 hotel group that owns the Holiday Inn, Crowne Plaza and other chains was impacted by a weakening of demand in China. InterContinental Hotels Group said global revenue per
Iran’s currency has declined, and many foreign airlines have suspended their flights as they prepare for a retaliatory Israeli attack against the Islamic Republic. On the open market, the rial
The iron ore exports of the second-largest miner in the world have remained steady, despite the “uneven” recovery of the Chinese economy. China’s property sector remains in a slump. Rio
BMW has asked the European Commission reconsider its plan to ban all new petrol and diesel engines by 2035. Oliver Zipse said that the European Union’s ban on the sale
The Strait of Gibraltar has seen more than half of the Russian crude oil transported by dangerous “shadow fleets” of vessels pass through this year. This raises concerns about an
