Business

Americans Are Asking: Could an Electric Car Finally Make Sense for Me?

Across kitchen tables and office conversations, a question is gaining new currency in America: could an electric vehicle finally make sense for me? With gasoline at $3.90 per gallon — the highest in nearly three years — and the Iran conflict showing no signs of quick resolution, the economics of electric transportation are being reconsidered by consumers who had previously been comfortable with conventional...

TikTok’s Billion-Dollar Government Toll: What the $10B Fee Reveals About Modern Power

The $10 billion fee attached to TikTok's ownership transition is not merely a financial curiosity — it is a window into how the Trump administration views the relationship between political power and economic reward. Oracle, UAE's MGX, and Silver Lake, the investors who acquired TikTok's US operations from ByteDance, are committed to paying this unprecedented sum in stages, with $2.5 billion already delivered to...

Oil Prices Jumpy as Hormuz Closure Threat Intensifies

The threat of Iran closing the Strait of Hormuz has sent jitters through global oil markets, with prices experiencing significant fluctuations. The Iranian parliament's...

London Beckons: US-China Trade Officials to Meet Next Week

Donald Trump announced Friday that senior US administration officials and a Chinese delegation are set to meet on Monday in London for the next...

ECB Unleashes 2% Rate to Spark Eurozone Revival

The European Central Bank has taken a decisive step to rekindle economic vitality in the eurozone, lowering its benchmark interest rate to 2%. This...

$70 Billion Hit for Apple as Trump Demands Domestic Production

Apple's market value plummeted by approximately $70 billion after Donald Trump declared his intention to impose a 25% tariff on iPhones not manufactured in...

OECD Sounds Alarm: Trade War to Drive Down Global Income and Jobs

The Organization for Economic Co-operation and Development (OECD) has sounded a clear alarm about the trajectory of the global economy, significantly lowering its growth...

Bank of England Governor Links UK Rate Volatility to US Trade Policy

Andrew Bailey, the Bank of England governor, has directly linked the heightened volatility in financial markets and the uncertainty surrounding UK interest rates to...

Musk’s Farewell: Presidential Praise Can’t Mask Doge’s Shortfall

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...

Trump’s Bold Tariff Hike: 50% on Steel Imports Amidst Controversial Japan Partnership

Donald Trump on Friday announced a significant escalation in trade policy, declaring a 50% tariff on foreign steel imports and celebrating what he termed...

Trump’s Tariff Battle Continues: Appeals Court Grants Temporary Halt to Ruling

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....

EU Stands Firm: Trade Chief Rejects Trump’s 50% Tariff Threat, Calls for Respectful Negotiations

After US President Donald Trump threatened a sweeping 50% tariff on all European Union goods, EU Trade Commissioner Maroš Šefčovič insisted that any trade...

British Man to Face US Trial Over $100 Million Wine Investment Scam

A British businessman accused of orchestrating a $100 million wine investment fraud has lost his legal battle to avoid extradition to the United States....

Can Labour’s Rail Reforms Get Britain Back on Track? Inside the Great British Railways Reboot

In a symbolic early morning rollout, the first train bearing the Great British Railways (GBR) branding will depart from London Waterloo to Shepperton...