Monday's global financial markets witnessed extraordinary movements as precious metals achieved historic price levels while analysts emphasized Trump's history of randomly imposed tariffs. Silver led the precious metal rally with a spectacular surge to $94.08 per ounce—an all-time record—before settling at $93.15 with a robust 3.6% gain. Gold advanced 1.6% to reach $4,671 per ounce after touching an unprecedented high of $4,689.
Market observers note...
BP is strategically clearing the path for incoming CEO Meg O’Neill, announcing a $5 billion writedown on green energy assets just months before she takes the helm. This "kitchen sinking" of bad news is designed to ensure that O’Neill inherits a balance sheet free from the drag of overvalued transition businesses.
The writedown targets the gas and low-carbon divisions, reflecting the company’s pivot away from...
The Oval Office witnessed the exit of Elon Musk, the "special government employee" tasked with leading the Department of Government Efficiency (Doge). His 138-day...
Donald Trump on Friday announced a significant escalation in trade policy, declaring a 50% tariff on foreign steel imports and celebrating what he termed...
President Trump's controversial tariff strategy has received a temporary lifeline as an appeals court agreed to pause a ruling that declared his tariffs illegal....
After US President Donald Trump threatened a sweeping 50% tariff on all European Union goods, EU Trade Commissioner Maroš Šefčovič insisted that any trade...
A British businessman accused of orchestrating a $100 million wine investment fraud has lost his legal battle to avoid extradition to the United States....
In a symbolic early morning rollout, the first train bearing the Great British Railways (GBR) branding will depart from London Waterloo to Shepperton...
For one month, a staggering 145% tariff on Chinese imports disrupted the delicate balance of global trade. Though temporary, its impact was permanent...
Nissan's new CEO, Ivan Espinosa, has confirmed a bold and optimistic future for the company’s Sunderland plant, reaffirming its importance in the company’s global...
Former President Donald Trump has voiced strong disapproval over Apple’s reported decision to increase iPhone production in India for the U.S. market, calling...
Bentley has warned that uncertainty over the UK-US trade agreement is severely damaging its business, with US-bound car sales effectively frozen. Customers are holding...
The UK’s £40 billion aerospace sector is set to benefit significantly from a breakthrough in trade negotiations with the United States, as British aircraft...
