Business

British Steel’s Turkish Contract Puts Spotlight Back on the Case for UK Steelmaking

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...

Diversification Strategy Succeeds: India Maintains Energy Supply Despite Russian Decline

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...

The New Tech King: Nvidia’s $5T Valuation Dethrones Old Giants

A new king has been crowned in the tech world. Nvidia, the chipmaker fueling the AI revolution, has become the first company in history...

Trump Says “Big Meeting” with Xi Will Be “Great for Everybody”

President Donald Trump is touting his upcoming "big meeting" with Chinese President Xi Jinping, predicting a successful outcome that will be "great for everybody." The...

Elon Musk Argues Tesla Innovation Depends on Compensation Package Approval

Elon Musk used Tesla's earnings call to argue that the company's continued innovation depends on approval of his trillion-dollar compensation package and the voting...

Israel’s Netanyahu vs. Turkey: Veto Looms Over Gaza Peace Force

A diplomatic conflict is escalating as Israel's Prime Minister Benjamin Netanyahu wields a new veto power over the Gaza peace force, with Turkey as...

‘Canada cheated’: Trump’s justification for ending trade talks

"Canada cheated and got caught," president Trump posted on truth social, using the claim to justify ending all trade negotiations with the country. The "cheating"...

GM’s Profit Expectations Rise Amid Favorable Trade Developments

Favorable trade developments are enabling General Motors to upgrade its financial projections. The automaker's revised guidance places adjusted core profits between $12 billion and...

Bank Shares Plummet on Both Sides of Atlantic Amid Credit Scare

Bank shares plummeted on both sides of the Atlantic as a credit scare that started in the US sparked a global sell-off. US regional...

The Inflation Outlier: Why the UK Faces the G7’s Worst Price Hikes

A new global economic report has singled out the United Kingdom as an inflation outlier, forecasting it will have the highest rate of price...

Bitcoin’s Wild Ride: Crypto Plunges, Then Rallies on Trade War News

Bitcoin experienced a wild ride over the weekend, demonstrating its acute sensitivity to geopolitical events as it first plunged and then rallied on shifting...

OpenAI’s Computational Empire Expands with 6-Gigawatt AMD-Powered Wing

OpenAI is expanding its computational empire by adding a massive, six-gigawatt wing powered by AMD technology. This expansion comes via a new multibillion-dollar deal...

Industry Breathes Sigh of Relief as Subsidies Successfully Bridge EV Sales Gap

The UK's automotive industry is breathing a collective sigh of relief after a government subsidy successfully bridged the gap between sluggish electric vehicle sales...

A Strategic Leak: DeepSeek’s ‘Experimental’ Model is a Calculated Preview

DeepSeek's release of its "experimental" V3.2-Exp model is far from a simple test run; it's a strategic leak, a calculated preview designed to generate...