The sale of Royal Mail to Czech billionaire Daniel Kretinsky’s EP Group is close to being finalised and could be confirmed in the next two weeks, according to sources close…
Category: Business News
Mexico: President Claudia Sheinbaum warns Trump-proposed tariffs to cost 400,000 US jobs
Mexico’s president and economy minister have given the clearest picture yet of how their government will respond to United States President-elect Donald Trump’s proposed tariffs on the country, which their government has…
USA: Mark Zuckerberg dines with Donald Trump at Mar-a-Lago
Meta boss Mark Zuckerberg has visited Donald Trump at his resort in Mar-a-Lago, further evidence of the apparent thawing in their once frosty relations. The president-elect already has a close,…
Canada: A 25% tariff would be devastating for workers- Doug Ford
Doug Ford – who is premier of Ontario, Canada’s most populous province – says America imposing a 25% tariff on all goods imported from Canada would be “devastating to workers…
UK: Vauxhall owner to close Luton factory
The owner of Vauxhall has announced plans to close its van-making factory in Luton, putting about 1,100 jobs at risk. Stellantis, which also owns brands including Citroen, Peugeot and Fiat,…
USA: Department store employee hid more than $130m in delivery expenses
US department store Macy’s has said a rogue staffer concealed more than $130m (£103m) in company costs over roughly three years, causing it to delay the release of its latest…
USA: Tariffs are a negotiating tactic – ex-Federal Reserve governor
A former governor of the US Federal Reserve system says he believes US President-elect Donald Trump is using the tariffs as a “negotiating tactic”. Randall Kroszne says Trump’s made clear…
Canada: PM Trudeau speaks to Trump about border
Canada’s Prime Minister Justin Trudeau has spoken with Donald Trump, after the president-elect announced plans to impose tariffs when he is in the White House. The pair spoke by phone…
USA: Europe and UK spared from Trump tarrifs for now
Trump is using tariffs as a weapon of diplomacy, even coercion on topics entirely unrelated to global trade. Are the leaders of G20 nations with their own domestic audiences really…