Business

BP Pivots to Core Business, Slashes Value of Green Assets by $5bn

In a move that underscores its renewed commitment to traditional energy, BP stated it would write down the value of its green energy business by as much as $5...

Trump Targets Iran’s Lifelines: New Tariffs Threaten China and India

President Donald Trump has launched a direct economic assault on Iran’s remaining economic lifelines, announcing a 25% tariff...

Trump Shake-Up: Banks Brace for Impact Over 10% Rate Cap

The banking world is scrambling to assess the fallout after Donald Trump announced a controversial new policy to...

Oil Majors Plan Investments with Venezuela Supplying Oil to US Indefinitely

Top executives from Chevron, ConocoPhillips, and ExxonMobil are scheduled to meet President Trump Friday to discuss potential multi-billion...

Corporate Caution Follows Trump’s Bold Venezuela Oil Reconstruction Announcement

President Trump's declaration that US oil majors will invest billions in Venezuela has generated surprisingly muted reactions from...

UK Pound Falls as BoE Governor Prepares for Swift Cuts

The pound dropped to a three-week low after BoE Governor Andrew Bailey signaled a readiness to accelerate interest rate cuts if employment weakens further....

Buyers Strike Gold as Country House Prices Hit Rock Bottom

The UK's exclusive country house market is experiencing a notable turnaround, with sales of properties exceeding £750,000 climbing by 7% in June compared to...

Strategic Bluff Theory Proves Profitable as FTSE 100 Reaches Historic High

The investment strategy of treating aggressive trade rhetoric as strategic bluffing rather than policy certainty has proven remarkably profitable, driving the FTSE 100 to...

Global Copper Shake-Up: Trump’s 50% Tariff Rewrites Market Rules

President Trump's sudden imposition of a 50% tariff on copper imports has fundamentally reshaped the global copper market. The unprecedented move instantly propelled U.S....

Agricultural Trade Associations Develop Strategies for Policy Uncertainty

Agricultural trade associations are developing comprehensive strategies to address trade policy uncertainty and its potential impacts on farm exports. The extended timeline allows for...

Trump’s 50-Year Dollar Impact: Trade Uncertainty Reigns

President Trump's trade policies and the looming July 9th tariff deadline are having a profound impact, with the dollar posting its worst performance in...