Business Ferrari starts year with racing profit but warns of tariff impact Luxury carmaker Ferrari reported a jump in its profits for the first three months of 2025, driven mostly by strong demand for personalised vehicles. 06/05/2025
Business Ford expects a €1.39bn hit from Donald Trump’s tariffs in 2025 The US-based company is one of the least affected carmakers hit by US trade tariffs, yet it pulled back its entire forecast for the year, citing uncertainty and potential supply chain disruptions. 06/05/2025
Economy Where in Europe will property investment pay off most in 2025? The countries with the highest rental yields and most favourable property taxes could offer the best financial returns on property investment. A recent report studied all the elements to find out where the best location is to invest in property in Europe. 26/04/2025
Mobility How the US is relaxing regulations to lead the self-driving car race The Trump administration is loosening regulations to help US carmakers like Elon Musk’s Tesla develop self-driving cars and compete with Chinese rivals. 25/04/2025
Business Are EV sales boosting Europe’s car market despite global uncertainty? Three of the four largest markets in the EU, including Germany, recorded robust double-digit growth in the EV sector. 24/04/2025
Economy US Treasury Secretary says IMF and World Bank need reform Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump administration is eager to work with them — so long as they can stay true to their missions.” 24/04/2025
Business Volvo Group posts lower sales and profits as tariff uncertainty hits The Swedish truck maker’s first-quarter earnings declined sharply due to its sales falling in all regions and in almost all segments, as increased uncertainty surrounding tariffs and their effect on global trade persists. 23/04/2025
Economy Donald Trump says he has 'no intention of firing' the US Fed chair The US President confirmed that he has no plans to fire the Chairman of the Federal Reserve Jerome Powell. It follows his previous statement about wishing to terminate Powell's mandate, which caused market turmoil. 23/04/2025
Business Swiss pharma giant Roche pledges to invest €47 billion in the US The investment plans include new R&D sites in four US states and creating more than 12,000 jobs, according to the Swiss pharmaceutical company. 22/04/2025
Markets IMF warns Donald Trump's tariffs are darkening global economic outlook The outlooks for the US and global economies have significantly worsened in the wake of President Donald Trump's tariffs and the uncertainty they have created, the International Monetary Fund said on Tuesday. 22/04/2025
Economy IMF: Tariffs will not spark global recession but will weaken economy Surging US tariffs will weaken the global economy and push up inflation this year, according to the International Monetary Fund. 18/04/2025
Economy Trump suggests he could remove US Fed Reserve Chair Jerome Powell “If I want him out, he’ll be out of there real fast, believe me," Trump said in the Oval Office to reporters on Thursday. 18/04/2025
Business TSMC: Profit jump and steady outlook cools investor concerns Contract chipmaker Taiwan Semiconductor Manufacturing Company’s net income was up by 60% in the first quarter, boosted by strong AI demand. 17/04/2025
Business The end of cheap clothes? Temu and Shein give tariff price warning The fast fashion brands, known for selling particularly cheap clothes, cosmetics and accessories, are contending with the 145% tariff Trump slapped on most products made in China. 17/04/2025
Economy WTO: Trump's tariff policies could force global trade slide in 2025 According to the WTO, US President Donald Trump's shifting tariff policies could decline global trade by 0.2% this year. 16/04/2025
Business New index lists ‘associated with Elon Musk’ as high risk for companies Misusing AI and links to Tesla CEO Elon Musk could cost a lot for businesses across the world - these are the top reputation threats in 2025 for companies, according to a survey of over 100 top global leaders. 16/04/2025
Economy Trump the unifier? How Europe could benefit from Trump’s policies Despite a strong likelihood of the eurozone being hit by a recession by mid-2025, a new report sheds light on how Trump’s policies could boost the bloc’s economic perspectives in the years to come. 16/04/2025
Markets US markets edge slightly higher as Trump's tariff volatility eases Wall Street teetered toward small gains in relatively calm trading Tuesday morning after President Donald Trump appeared to let up on some of his tariffs and stress from within the US bond market eased. 15/04/2025
Economy Chinese investment in the UK will face 'high trust bar', says minister Chinese firms will have to fulfil strict criteria when investing in key sectors in the UK in the future, said the UK government after the rescue of British Steel. 14/04/2025
Business How Apple is airlifting tonnes of iPhones to avoid Trump's tariffs The tech giant reportedly ordered cargo flights to transport 600 tonnes of iPhones from India to the US to avoid tariffs at the end of March. 11/04/2025