High Stakes Trade Talks: EU Ready to Bend to Avoid 50% US Tariffs
In high-stakes trade talks, the European Union is reportedly willing to make concessions, including accepting 10% tariffs, in a bid to avoid President Donald Trump's looming 50% tariffs on...
Sabadell Offloads TSB in Bid to Fight Hostile Takeover
In a strategic maneuver to fend off an €11 billion (£9.4 billion) hostile takeover bid from rival BBVA, Spanish bank Sabadell has decided to sell its UK subsidiary, TSB,...
Greenback’s Grim Half: Trump’s Policies Undermine Dollar’s Global Standing
The first half of 2025 has been disastrous for the US dollar, which suffered its worst performance in over five decades, falling 10.8% against a basket of currencies. This...
Crisis Averted: Lotus Norfolk Factory to Continue Operations
A potential crisis for 1,300 jobs has been averted, as Lotus has reassured the UK Business Secretary that its Norfolk factory will not be shutting down. Concerns had escalated...
Alberta Summit Success Turns Sour as Digital Tax Kills Trade Hopes
What began as a promising diplomatic breakthrough at the G7 summit in Alberta has rapidly devolved into a complete collapse of trade negotiations between the United States and Canada....
Germany’s Merz Advocates Simple Trade Deal Despite French Opposition
German Chancellor Friedrich Merz has emerged as the leading advocate for pragmatic compromise in EU-US trade negotiations, arguing that a straightforward agreement would better serve European interests than complex,...