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...

A Month at 145%: How One Tariff Shook Global Trade and Lives

For one month, a staggering 145% tariff on Chinese imports disrupted the delicate balance of global trade. Though temporary, its impact was permanent for...

Nissan Eyes Sunderland Revival with Potential Chinese Partnership Amid Global Restructuring

Nissan's new CEO, Ivan Espinosa, has confirmed a bold and optimistic future for the company’s Sunderland plant, reaffirming its importance in the company’s global...

Trump Pressures Apple Over India Shift, Demands Return of iPhone Production to U.S.

 Former President Donald Trump has voiced strong disapproval over Apple’s reported decision to increase iPhone production in India for the U.S. market, calling out...

Bentley Slams Tariff Uncertainty as UK-US Trade Deal Stalls Luxury Car Sales

Bentley has warned that uncertainty over the UK-US trade agreement is severely damaging its business, with US-bound car sales effectively frozen. Customers are holding...

UK Aerospace Industry Secures Tariff-Free Access to US Market in New Trade Pact

The UK’s £40 billion aerospace sector is set to benefit significantly from a breakthrough in trade negotiations with the United States, as British aircraft...

Trump Signals Major Tariff Reduction Ahead of Crucial Trade Talks

In a surprising policy shift, the U.S. administration has indicated a potential 80% reduction in tariffs on Chinese goods ahead of critical trade negotiations...