Liverpool will serve as the European headquarters for Chinese carmaker Chery’s research and development operations, with the state-owned manufacturer consolidating European commercial vehicle activities on Merseyside. The facility will integrate …
Business
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EasyJet has argued that European Union baggage regulations could prove counterproductive, ultimately harming the passengers they’re designed to help. The proposed legislation aims to strengthen passenger rights by guaranteeing free …
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President Trump has delivered a stark ultimatum to South Korea, threatening 25% tariffs on major exports unless Seoul’s parliament breaks through gridlock on a trade agreement from 2024. The announcement …
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Germany’s gold held in the United States is drawing increased scrutiny from economic experts. Concerns focus on access and control during times of crisis. More than 1,200 tonnes of German …
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The European Parliament has officially suspended the US trade deal ratification, directly responding to President Trump’s threat of 10% tariffs unless Europe backs his Greenland acquisition plans. This decision represents …
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Silver Surges Past $94 and Gold Reaches $4,689 as Capital Economics Warns of UK Recession
by admin477351Monday’s global financial markets witnessed extraordinary movements as precious metals achieved historic price levels while economic forecasters issued stark warnings about British economic prospects. Silver led the precious metal rally …
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The specific failures of hydrogen and solar initiatives are the primary drivers behind BP’s newly announced $5 billion writedown. The company revealed that the impairments are concentrated in its transition …
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China has flatly rejected President Donald Trump’s trade authority, labeling his new 25% tariff on Iran partners as “long-arm jurisdiction.” The diplomatic spat erupted after Trump announced penalties for any …
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Billionaire investor Bill Ackman has sounded the alarm on Donald Trump’s newly announced 10% cap on credit card interest rates. While Ackman, a Trump supporter, acknowledged the president’s good intentions, …
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International oil benchmark Brent crude’s fall below $60 per barrel represents psychologically and economically significant threshold as markets digest news of Venezuela supplying oil to the US indefinitely. The breach …