The announcement of British Steel's deal to supply rail for Turkey's Ankara–İzmir high-speed railway has reignited a debate about the importance — and the future — of steelmaking in the UK. The eight-figure contract with ERG International Group is a commercial win, but it has also prompted a broader conversation about what it would mean to lose the capability that produced it.
British Steel, at...
India's crude oil diversification strategy demonstrated its effectiveness in 2025, maintaining overall energy supply levels despite significant declines in Russian imports. While US crude imports to India increased by 65.6% to $8.2 billion during April-December 2025, Russian crude imports fell by more than 17%, declining from $40 billion to $33.1 billion in the same period.
December 2025 import data shows successful diversification in practice. Although...
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 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...
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...
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...
Global stock markets advanced on Thursday despite light trading volumes due to widespread May Day holidays across Europe and Asia. The optimism was driven...
President Donald Trump is easing some auto-related tariffs in a strategic shift aimed at boosting domestic manufacturing and preserving jobs. The move comes amid...
As Congress returns to Washington, President Trump’s ambitious budget proposal is encountering early turbulence within his own party. While Republicans control both chambers, deep...
India has sharply increased its imports of Russia’s ESPO Blend crude in April, capitalizing on reduced Chinese demand and favorable pricing. Supplies to Indian...
The UK economy is forecast to slow dramatically over the next two years as Donald Trump’s global tariff policies weigh heavily on business investment...
America’s tourism industry is bracing for a staggering $10 billion loss this year as President Donald Trump's immigration crackdowns and trade policies drive international...