The decision to weaken the UK’s electric car sales mandate will have a significant ripple effect, impacting not just carmakers but the entire domestic EV supply chain, from battery plants …
Business
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The US-EU trade agreement is fundamentally a tale of two leaders, where President Donald Trump’s high-pressure tactics were met by European Commission President Ursula von der Leyen’s pragmatic need for …
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In a bold and unexpected move, AI startup Perplexity has made an unsolicited bid of $34.5 billion to acquire Google’s Chrome browser. This proactive offer comes at a time when …
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Business
Ørsted’s Perfect Storm: US Politics, High Rates, and Supply Woes Ignite Crisis
by admin477351Danish wind giant Ørsted is caught in a perfect storm of hostile US politics, high interest rates, and persistent supply chain woes, a combination that has ignited a major corporate …
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Britain’s central bank has implemented another interest rate decrease, cutting the key rate by 0.25% to 4% in the fifth reduction of the year. While this monetary easing continues to …
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Tesla’s board of directors has approved a new $29 billion stock award for CEO Elon Musk, a decision made after a U.S. court invalidated his previous pay package. In a …
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Business
UK Economy in Decline: Bank of England Responds to Weakest Growth Since 2021
by admin477351Responding to its weakest growth performance since June 2021, the Bank of England is widely expected to cut interest rates this Thursday. A quarter-point reduction to 4% is anticipated, marking …
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The financial world is reacting to a new trade policy, with Watches of Switzerland Group Plc’s shares plummeting by as much as 6%. US President Donald Trump has levied a …
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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 …