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
Business TSMC shares soar as semiconductor firm announces surprise revenue lift The world's biggest contract chipmaker, Taiwan Semiconductor Manufacturing Company (TSMC), recorded a 41.6% year-on-year revenue rise in the first three months of the year. 10/04/2025
Economy Fed headache ahead as tariffs fuel higher prices and slower hiring The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in minutes from last month's meeting. 10/04/2025
Business Why Trump’s tariffs are a serious threat to the German car industry US tariffs are affecting up to €67bn of EU automotive industry exports, the majority of which are coming from Germany. BMW, Volkswagen and Mercedes must choose between pausing shipments or absorbing tariff costs. 09/04/2025
Business New tariffs from the US are about to hit the pharmaceutical sector Despite sparking global-market turmoil with last week’s announcement, the US President is promising new tariffs, now targeting the previously exempted pharmaceutical sector. 09/04/2025
Business Swiss chocolatiers face bittersweet Easter after Trump's tariffs With the normally brisk Easter season around the corner, the mood in Switzerland's chocolate business is bittersweet, thanks to high cacao prices and — now — the newly added US tariffs on imports. 08/04/2025
Economy How car tariffs and defence spending are shaping growth in Europe Uncertainty around US trade tariffs is costing the eurozone and the UK economy billions this year and the next, which cannot be entirely offset by increased defence spending in 2025. 29/03/2025
Business US egg shortage: Is Europe ready to help despite tariff tensions? The US government is on a global egg hunt, seeking exports from countries in Europe and elsewhere to ease a severe domestic shortage. 28/03/2025
Business British Steel closes plant after failing to get UK government help More than 2,000 jobs are at risk as Britain's second-biggest steelmaker failed to get an agreement with the UK government to support further operations. 27/03/2025
Economy US growth upgraded to 2.4%, Commerce Department says The expansion in the last three months of 2024 was supported by a surge in consumer spending and is an improvement on previous estimates. 27/03/2025