Elon Musk denied leading a “hostile takeover” of the US government and defended his cost-cutting plans as he made a surprise first appearance at the White House on Tuesday. The…
Category: Business News
UK: ‘We not planning to hit back at US on steel tariffs’- Trade minister
The UK will not retaliate immediately to the renewal of steel and aluminium tariffs by the US, the government has said. Trade minister Douglas Alexander said the UK would not…
UK: Gas terminal welcomes Keir Starmer nuclear pledge
The owner of a major gas terminal said it welcomed Sir Keir Starmer’s pledge to “build, baby, build” more nuclear power stations. There has been speculation that the firm which…
UK: BP set to scale back green investments as profits drop sharply
Oil giant BP has said it will “fundamentally reset” its strategy as profits dropped sharply last year. It is widely expected to say later this month that it will scale…
USA: How will the world respond to Trump’s tariffs
A decision by US President Donald Trump to place a 25% tariff on all steel and aluminium imports has left some of the US’s major trade partners scrambling to make…
USA: Trump says no exemptions with metal tariffs to start in March
Leaders in Europe and Canada have said they will not let Donald Trump’s plans to hit their steel and aluminium exports with tariffs go unchallenged. European Commission President Ursula von…
South Korea: Authorities order airports to install bird detection cameras
All South Korean airports will need to install bird detection cameras and thermal imaging radars, after an air crash in December last year killed 179 people. The rollout is set…
Canada: PM Justin Trudeau vows swift retaliation to ‘unjustified’ Trump tariffs
Canada will give a “firm and clear” response to the latest trade barriers planned by US President Donald Trump, says Prime Minister Justin Trudeau. Trump says he will levy a…
USA: Trump signs order shifting US back toward plastic straws
US President Donald Trump has signed an executive order ending a US government effort to replace plastic straws with paper. The order, which takes effect immediately, reverses a measure signed…
China: Ex-UK ambassador clashes with ‘AI godfather’ on panel
A former Chinese official poked fun at a major international AI safety report led by “AI Godfather” professor Yoshua Bengio and co-authored by 96 global experts – in front of…