The Bank of England has cut its key interest rate to 4% in a move meant to ease financial pressures. But any hope of relief may be dimmed by a …
Business
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Tesla’s board of directors has approved a new $29 billion stock award for CEO Elon Musk, a move they say is meant to “recognise what Elon has accomplished and the …
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While a Bank of England interest rate cut to 4% is widely expected this Thursday, “hawkish” members of the Monetary Policy Committee are likely to dissent, potentially leading to a …
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The world of luxury goods is in turmoil, as Watches of Switzerland Group Plc’s shares fell by up to 6% following the announcement of a new tariff. US President Donald …
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A new chapter in Indo-US economic relations has opened with US President Donald Trump’s announcement of a 25% tariff on Indian imports, set to begin on August 1. This significant …
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The United States and the European Union have finalized a major trade agreement after months of tense negotiations, avoiding the threat of a damaging transatlantic trade war. The deal, reached …
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President Donald Trump has signed legislation that eliminates approximately $9 billion previously allocated for foreign aid and public broadcasting. This move aligns with Republican efforts to reduce spending on programs …
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The UK government is considering an unprecedented move to overrule the Supreme Court regarding a potential £44 billion car loan commission scandal. Chancellor Rachel Reeves is weighing options to retrospectively …
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The European Union faces a major setback in trade negotiations with the United States, as a new draft agreement fails to reduce the punishing 50% steel tariff first introduced by …
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The pound fell to a three-week low after BoE Governor Andrew Bailey signaled the bank’s readiness to cut rates more aggressively if labor market conditions worsen. Sterling dipped to $1.3467 …