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...
US Commerce Secretary Howard Lutnick was among the top officials who warned EU trade commissioner Maroš Šefčovič of Donald Trump's proposed 17% tariff on...
Norfolk's Lotus legacy is assured, as the company's factory has been confirmed to remain open. The sports car manufacturer reassured Business Secretary Jonathan Reynolds...
A promising diplomatic initiative between the United States and Canada has collapsed spectacularly over disagreements about digital taxation, with President Trump announcing the immediate...
The psychological dimensions of trade warfare significantly affect both business and political decision-making processes beyond rational economic calculations. Understanding these psychological factors is crucial...