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...

Trump’s Tariff Power Under Scrutiny: Appeals Court Grants Temporary Relief

President Trump's power to impose sweeping tariffs is under intense legal scrutiny after a US trade court ruled his tariffs illegal. While an appeals...

Amidst Controversy, Starling’s Profits Plunge by 25% on Covid Loan Losses

Starling Bank's annual profits have taken a significant hit, falling by 25%, as the digital bank attributes £28 million in losses to its handling...

From Boom to Bust: Nvidia’s Chinese AI Dreams Hit $15B Reality Check

The artificial intelligence gold rush that has propelled Nvidia to unprecedented heights is experiencing its first major geopolitical roadblock, with the company forced to...

Headline: Trump’s Tariff Delay Spurs EU to Accelerate Trade Talks

President Trump’s delay of a planned tariff spike on EU imports has injected momentum into U.S.-EU trade talks. The 50% levy is now postponed...

Zelensky Blasts American “Silence” as Putin’s Holiday Massacre Claims 12 Ukrainian Lives

Ukrainian President Volodymyr Zelensky has launched a scathing attack on American diplomatic restraint, condemning the "silence" of international partners as Vladimir Putin murdered at...

Deadline Dilemma: Trump’s Tariff Offensive Leaves No Room for Negotiation

With just days to spare before a sweeping 50% tariff hits EU imports, American firms find themselves under immediate pressure to rethink their operations....

Sticker Shock Incoming: Your Daily Purchases About to Get a Lot More Expensive

The abstract world of international trade policy is about to collide with the concrete reality of American shopping carts, as President Trump's tariff threats...

British Man to Face US Trial Over $100 Million Wine Investment Scam

A British businessman accused of orchestrating a $100 million wine investment fraud has lost his legal battle to avoid extradition to the United States....

Can Labour’s Rail Reforms Get Britain Back on Track? Inside the Great British Railways Reboot

In a symbolic early morning rollout, the first train bearing the Great British Railways (GBR) branding will depart from London Waterloo to Shepperton this...

HBO Returns: Why Warner Bros. Is Putting the “HBO” Back in HBO Max

In a bold move signaling a return to its roots, Warner Bros. Discovery has announced that its streaming platform will once again be known...

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...