LONDON: Google today said it would “vigorously” defend itself after some 250,000 UK businesses filed a multi-billion-pound legal claim against the…
Category: News
China’s Yuan Sinks to 19-Month Low Amid Escalating US Trade War
HONG KONG: China’s yuan fell to a new 19-month low against the US dollar today, after its offshore counterpart hit…
UK Dodges Harshest US Tariffs Post-Brexit — But No Time for Celebration
LONDON: More than four years after officially leaving the European Union, the United Kingdom has managed to avoid the brunt…
Trump Announces 10% Tariff on All Imports, with Higher Rates for Select Countries
WASHINGTON, – President Donald Trump announced on Wednesday that his administration would impose a 10% baseline tariff on all imports…
US-UK Trade Tensions Escalate with New Tariff Threats
UK Braces for US Tariffs Amid Uncertain Trade Talks The United Kingdom is set to face new US tariffs starting…
3 Intel board members to retire in latest shake-up
SANTA CLARA: Three Intel board members will not stand for re-election at its 2025 annual meeting, the chipmaker said in a…
British Steel Warns of 2,700 Job Losses Amid Blast Furnace Closures
LONDON: British Steel, owned by China’s Jingye Group, has announced plans to shut down its two blast furnaces in Scunthorpe,…
Heathrow flights resume after massive fire shuts down airport
LONDON, March 21 (Reuters) – Flights at London’s Heathrow Airport resumed late on Friday after a massive fire knocked out…
Temu’s Chinese Owner Anticipates Slower Revenue Growth
BEIJING: Chinese e-commerce giant PDD Holdings announced today slower revenue growth for the third quarter running, as the Temu owner…
UK to Cut Welfare Payments in Bid to Curb Rising Costs
LONDON (March 18) – Britain’s Labour government is set to announce plans on Tuesday to reduce spending on disability and…