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Business

Trump Raises Steel Tariffs to 50%, Praises “Partnership” as Acquisition Concerns Mount

Donald Trump on Friday announced a dramatic increase in foreign tariffs on steel imports to 50%, while simultaneously commending a "blockbuster" deal for Nippon...
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Business

Trump’s Tariff Strategy on Hold: Appeals Court Grants Pause on Block

The Trump administration has successfully secured a temporary halt to a court ruling that declared the president's sweeping tariffs illegal. This pause, granted by...
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Business

Digital Bank Starling Takes Hit as Weak Controls Cost £28m in Covid Loan Scandal

Digital banking pioneer Starling has seen its annual profits plummet by 25% after acknowledging that poor internal controls led to £28 million in losses...
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Business

Trump’s China Export Restrictions Could Cost Nvidia Up to $15 Billion in Lost Sales

Nvidia faces significant financial headwinds as the Trump administration's latest export restrictions on China threaten to eliminate billions in revenue from the world's second-largest...
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Business

EU Eyes Swift Trade Truce as Trump Delays Steep Tariffs

European leaders are expressing optimism for a rapid resolution to the ongoing trade dispute with the United States, following President Donald Trump's decision to...
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Business

Trump Drops the Hammer: 50% EU Tariffs and iPhone Threats Signal End of Negotiations

President Trump has taken a dramatic turn in his trade policy, announcing a sweeping 50% tariff on all European Union imports starting June 1....
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Business

EU Hits Back at Trump’s 50% Tariff Threat, Vows to Defend Its Interests

President Trump’s threat to impose a sweeping 50% tariff on all European Union imports has triggered a fierce backlash across Europe. Trump, frustrated by...
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Business

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....
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Business

Goldman Sachs to cut about 3,200 jobs after cost review

According to reports from undisclosed sources, Goldman Sachs Group is set to commence a significant round of layoffs across...
Business

US announces fusion tech clean energy breakthrough for warming world

New York: The United States has unveiled a groundbreaking achievement in clean energy technology, heralding a potential transformation in...
Business

After mass layoffs, CEO Sundar Pichai to take salary cut

During a recent town hall meeting, Alphabet CEO Sundar Pichai revealed plans for a significant reduction in annual bonuses...

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Business

BP Culls Hydrogen Projects in UK and Oman, Takes $5bn Hit

BP has confirmed the cull of its hydrogen projects...
Business

Iran’s “Biggest Protests in Years” Trigger Trump’s Economic Wrath

Iran’s "biggest anti-government protests in years" have triggered the...

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UK Decarbonization Efforts May Reduce Tax Liability But Not Documentation Requirements

Britain's progress on decarbonization may minimize eventual carbon tax...
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Bentley Slams Tariff Uncertainty as UK-US Trade Deal Stalls Luxury Car Sales

Bentley has warned that uncertainty over the UK-US trade...
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