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Economy

Trump backs down from 250% EU pharma tariff in deal

Economy

Trump abandons 250% EU pharma tariff with EU deal

Claude Sophia Merlo Lookman

The rising trade disputes between Washington and Brussels reached a pivotal point when former U.S. President Donald Trump decided to abandon proposals to introduce an unusually steep tariff—allegedly 250 percent—on…

Economy

Trump steps away from 250% EU pharma tariff in deal

Claude Sophia Merlo Lookman

The possibility of a trade war between the United States and the European Union has been averted after former U.S. President Donald Trump agreed to drop plans for a massive…

US in talks over 10% Intel stake, White House confirms

Economy

White House: US in negotiations for 10% Intel stake

Claude Sophia Merlo Lookman

The United States government is reportedly considering a significant move that could reshape the future of the semiconductor industry. Discussions have surfaced around the possibility of acquiring up to a…

Target appoints new boss as it seeks to revive sales

Economy

Target selects new executive to spark sales growth

Claude Sophia Merlo Lookman

Target Corporation has announced a significant leadership change, appointing a new chief executive officer as the company looks to reinvigorate its sales and redefine its position in the competitive retail…

Soho House bought for £2bn as Ashton Kutcher joins board

Economy

Ashton Kutcher joins board in £2bn Soho House buyout

Claude Sophia Merlo Lookman

A new chapter has begun for the exclusive global private members' club, Soho House, following a recent acquisition deal that places its valuation at a staggering £2 billion. This significant…

Intel shares jump after report of possible US stake in chipmaker

Economy

Intel shares soar following rumors of US investment in chipmaker

Claude Sophia Merlo Lookman

Reports that the United States government may be considering an equity stake in Intel have led to a significant surge in the chipmaker's stock value. This development, if it were…

VW introduces monthly subscription to increase car power

Economy

VW starts monthly subscription for enhanced car performance

Claude Sophia Merlo Lookman

Volkswagen has reportedly introduced a new monthly subscription service that allows owners to unlock additional horsepower for their vehicles. This move places the automaker at the forefront of a growing…

UK economic growth slows but beats forecasts

Economy

UK economic growth slows but tops forecasts

Claude Sophia Merlo Lookman

The United Kingdom's economy experienced a notable slowdown in the second quarter of the year, although its performance exceeded the expectations of many financial experts. According to official data, the…

Inside Australia's billion-dollar bid to take on China's rare earth dominance

Economy

Inside Australia’s billion-dollar push to rival China’s rare earth industry

Claude Sophia Merlo Lookman

Australia is making a multi-billion dollar strategic push to become a global leader in the rare earths market, directly challenging China's long-standing dominance. This ambitious initiative is a response to…

'I cleared my £13,000 debt with TikTok earnings'

Economy

Debt-free after £13,000 thanks to TikTok earnings

Claude Sophia Merlo Lookman

A woman has shared her remarkable story of financial turnaround, revealing how she used her earnings from the social media platform TikTok to pay off £13,000 ($16,500 USD) in debt.…