Global business
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We brought you reports last night on Donald Trump’s decision to raise tariffs on aluminium and steel imports into the US. Here is what we know this morning… The US president substantially raised tariffs on steel and aluminium imports to a flat 25% “without exceptions or exemptions” in a move he hopes will aid the…
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Chancellor Rachel Reeves is at the World Economic Forum in Davos meeting potential investors with a core message that, despite what they might have heard from companies already working there, Britain is open for business. She arrived in the wake of two signals she believes demonstrate growth really is a priority, one intentional, the other…
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Traders are preparing for the pound to fall by as much as 8%, Bloomberg reports. The pound is under pressure as government borrowing costs rise (see our market report at 10.17am). As markets opened this morning, the pound headed towards the $1.21 mark, the lowest level since November 2023. Bloomberg says: “There’s sizable demand for contracts that…
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The pound has lost some of its earlier gains against the dollar after Donald Trump took to his Truth Social platform to declare that the Washington Post’s story on his tariff policy is wrong. “The story in the Washington Post, quoting so-called anonymous sources, which don’t exist, incorrectly states that my tariff policy will be…
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Malta is looking to strengthen its collaboration with China in science and technology, building on the long-standing relationship between the two countries, in the context of Malta’s drive on research and innovation (R&I) internationalization, said Science Malta Agency Chief Executive Officer Silvio Scerri. China has made significant strides in various technological fields, including smart manufacturing…
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Pressure groups, known as PACs, with European ties are pouring money into US electoral campaigns. European corporations have indirectly funnelled around $14.3 million (€13.2 million) in funds towards US electoral campaigns during the current voting cycle, Euronews’ analysis of data provided by non-profit Open Secrets reveals. Of those funds, around 56% went towards Republican campaigns,…
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An international affairs editor has offered his immediate thoughts on the deaths of two sailors in a Houthi missile attack on a commercial ship in the Gulf of Aden. “This is a significant and grave development,” he says. “The Houthis have been attacking shipping for some months now, but this is the first time that…
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It’s easy to think that trade is just about business interests in each country. But global trade is much more. There’s a convergence and, at times, a conflict of the interests of the different stakeholders—from businesses to governments to local citizens. In recent years, advancements in technology, a renewed enthusiasm for entrepreneurship, and a global…
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Is Apple still ahead of the pack? Or did Microsoft or Google manage to pull it off? Did Tesla, perhaps, race in front of everyone? And what about Amazon and Facebook (pardon, Meta)?These giants have been in a tight race for the title of the most valuable publicly traded company for quite some time. As…
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Businesses often set ambitious goals but most frequently fail to achieve them. According to a survey from Clutch, 77 percent of small business leaders expressed confidence that they would reach all of their goals. So, how many small businesses actually reach their goals? Only 5 percent. That’s a significant gap between a company’s vision and what they…
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Trust is a crucial characteristic for any high-functioning, effective team. If you have ever worked on a team, you know you have to trust others to ensure the job is done. You also have to have team members who are dedicated and committed to the welfare of the entire group. But, trust in any situation…
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