China announces 34% retaliatory tariffs on US imports
China has announced it will impose additional tariffs of 34 per cent on imports from the US in retaliation for duties of the ...
Trump tariffs live: Global equities under pressure as tariffs shake markets
Prime Minister Shigeru Ishiba described the imposition of across-the-board US tariffs as a “national crisis” as bond yields logged one of their biggest weekly drops in three decades and Tokyo stocks ...
BP chair Helge Lund to step down
BP chair Helge Lund has announced plans to step down after a bruising tenure in which the oil major tried to pivot away from ...
‘Manchester-style’ mayoralty will not work in London
As Jim Waterson reveals in London Centric, his excellent newsletter about the capital’s politics, the leaders of all 32 ...
Inflation fears add to pressure on Federal Reserve
“The increased risks to both inflation and employment put the Fed in an even greater bind going forward,” said Krishna Guha, ...
Flight to safety pushes 10-year Treasury yield below 4%
A flight to quality has pushed yields on 10-year Treasuries below 4 per cent for the first time since Donald Trump won last year’s election, as investors look for havens from the market turmoil ...
Yesterday was a big day for BTFD
‘ Liberation day ’ proved suboptimal for the stock market. The S&P 500’s 4.84 per cent decline was the 23rd biggest since at least 2000, and a larger drop than the one that followed Lehman’s ...
Europe braces for flood of Chinese goods after US tariffs
EU steel output shrank in 2024, while other countries continued to expand production, according to the OECD. Its latest figures found that global steel excess capacity is expected to grow from an ...
UK glass factory at risk of closure if no buyer found, says Japanese owner
The Japanese owner of a specialist glass factory in the UK supplying cars and wind turbines has threatened to shut down the site if a buyer or partner cannot be found within two months, putting 250 ...
Premier League clubs rely on £1bn of player sales to offset stubborn losses
Premier League football clubs relied on player sales worth £1bn in an effort to balance the books last season, as rising costs and a cooling media rights market exposed stubborn financial fragilities ...
Boarding now: a brand new Orient Express
The Orient Express La Dolce Vita is the first new iteration of the world’s most famous train in more than 40 years. Maria Shollenbarger gets an exclusive preview ...
Nato needs ‘road map’ for US pivot away from Europe, says Finland
Europe must agree a “road map” with the US to shift the burden of defending the continent away from Washington, Finland’s defence minister has said, and at the same time avoid a disjointed switch that ...