US share prices slumped after the central bank cut interest rates for the third time in a row but its economic projections signalled a slower pace of cuts next year.…
Category: Business News
UK: Storm-hit Holyhead Port closed until at least 15 January
One of Britain’s busiest ports will remain closed until 15 January at the earliest after it was damaged by Storm Darragh, it has been announced. Holyhead on Anglesey was originally due…
USA: Supreme Court to hear TikTok challenge to potential ban
The US Supreme Court has agreed to hear last-ditch legal arguments from TikTok as to why it should not be banned or sold in the US. The US government is…
Belgium: EU investigates TikTok over alleged Russian meddling in Romanian election
The European Union’s executive has opened a formal investigation into TikTok because of “serious indications” of foreign interference in the recent Romanian presidential election using the video-sharing platform. The second-round…
USA: FBI informant who lied about Biden ‘bribes’ pleads guilty
A former informant has pleaded guilty to lying to the US Federal Bureau of Investigation (FBI) about a fake bribery scheme involving President Joe Biden and his son Hunter. Alexander…
USA: New York judge rejects Trump’s bid to dismiss hush money conviction
A New York judge has ruled Donald Trump’s hush money conviction is valid, rejecting the president-elect’s argument that it should be dismissed in the wake of a landmark immunity ruling…
USA: Trump buoyant as big business and former foes fall in line
On Monday morning, at a public event announcing a new $100bn US investment pledge by a Japanese conglomerate, Donald Trump appeared to revel in the breadth of his support. “The…
USA:Amazon aware of warehouse injury risk, report finds
Amazon pushes its US warehouse workers to fulfill orders at speeds that could cause high rates of injury despite being aware of the risks, an investigation led by Senator Bernie…
UK: Royal Mail takeover by Czech billionaire approved
The sale of Royal Mail’s parent company to a Czech billionaire has been cleared by the government. The £3.6bn takeover by Daniel Kretinsky’s EP Group has been given the go-ahead…
Canada: Finance minister quits over Trump tariff dispute with PM Trudeau
Canada’s Finance Minister Chrystia Freeland has resigned from her post, citing disagreements with Prime Minister Justin Trudeau on how to respond to incoming President Donald Trump’s threat of tariffs. She…