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World's biggest EV battery maker sees shares jump on debut

CATL makes more than a third of all EV batteries sold worldwide and supplies carmakers like Tesla, VW and Toyota.

Chinese Battery Giant Surges in Hong Kong Market Debut

Shares of the company, CATL, surged in their first day of trading. Onshore U.S. investors were blocked from buying its stock as a “decoupling” of finance continued.

Sesame Street heads to Netflix after Trump pulled funding

The platform will offer a new season and 90 hours of previous episodes to its 300 million subscribers.

China defies Trump trade war challenge with US$17.3 billion in capital inflow

As the US faces downward pressures, from unsustainable debt to the possibility of huge tax cuts, investors are turning to Asia, analysts say.

Will Trump’s Trade War Turn Canada’s Auto-Parts Capital Into a Ghost Town?

President Trump’s tariffs on auto parts are already causing job losses in Windsor, Ontario, the heart of an industry that makes components for vehicles bound for the United States.

Senate Advances Crypto Regulation Bill With Bipartisan Support

Democrats who had sided with the rest of their party last week to block the measure over concerns that President Trump could benefit dropped their objections. They argued that regulating the industry was urgent.

SPAC Deals Are Back, This Time With a Trump Bump

President Trump’s associates and crypto entrepreneurs are rushing back to the market for the once-hot, but mostly troubled, investment vehicles called special purpose acquisition companies.

UK now best placed country on trade - Reeves

The chancellor tells the BBC the latest trade agreements with the EU, US and India will boost economic growth.

G.M. Stops Exporting Cars to China

The decision affects relatively few vehicles because the vast majority that General Motors sells there are made in that country.

China’s EV price war threatens Nio and Xpeng’s plans to stem losses: JPMorgan

Chinese carmakers offered a record high 16.8 per cent average discount last month, from 16.3 per cent in March, JPMorgan findings show.

Why we need 'revolutionary' cooling tech

Cooling systems that avoid the use of polluting refrigerants are being launched.

Post Office data breach victims to get compensation

Hundreds of sub-postmasters had their names and addresses accidentally published online last year.

India Arrests an Academic for Antiwar Posts on Instagram

The arrest of a political science professor shows Indian leaders’ sensitivity to the political fallout from the military flare-up.

UK-EU deal moves us on from Brexit rows, Starmer says

The deal covers defence, trade, fishing, and a possible youth scheme, in the first big reset since Brexit.

Trump Berates Walmart and Mattel for Warning About Tariff Price Increases

The president recently attacked Walmart, saying it should “eat” the costs rather than pass them on to customers.

How critical minerals became Beijing’s ultimate trump card in US-China trade war

Beijing is still tightening its grip over supplies of rare earths and other key minerals despite the tariff truce, allowing it to cut off US access at will.

CBS News President to Depart Amid Network’s Tensions With Trump

Wendy McMahon, the president of CBS News and Stations, had allied herself with Bill Owens, the “60 Minutes” executive producer who recently resigned.

JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse

JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.

23andMe to Be Bought by Regeneron Pharmaceuticals, a Biotech Company, for $256 Million

Regeneron Pharmaceuticals said it would acquire 23andMe, which filed for bankruptcy in March and would continue to offer consumer DNA testing services.

How Kara Swisher Scaled Even Higher

The tech journalist and co-host of “Pivot” with Scott Galloway has a novel multimillion-dollar podcast contract with Vox Media, is in talks about a CNN series and has a slew of other ventures.

Trump Wants to Fulfill His ‘No Tax on Tips’ Promise. The Details Get Tricky.

The idea is politically popular, but the tax benefits may not go as far for low-income workers as many may think.

Stocks Fall and Bond Yields Jump on Concerns About US Debt

Stocks slid, the dollar slipped and bond yields jumped in early trading on Monday but recovered by the afternoon.

Paramount ousts CBS News CEO Wendy McMahon amid divide with leadership

There has been tension between McMahon and Shari Redstone in recent months, including over a potential "60 Minutes" settlement with the Trump administration.

US debt downgrade drives up borrowing costs

Borrowing costs for long-term US government debt jumped past 5% for the first time in 18 months, before retreating.

Spain Orders Airbnb to Take Down 66,000 Rental Listings

The government is widening a crackdown on tourist rentals as it seeks to alleviate a painful housing crunch.

USTA to invest $800 million in US Open facilities in New York

The USTA is making its single largest investment in U.S. Open history to transform Arthur Ashe Stadium and add a player performance center.

Wynn Resorts drops bid for NYC casino license

Wynn Resorts has dropped its bid to win a New York City casino license.

Struggling DNA testing firm 23andMe to be bought for $256m

It said new buyers Regeneron had committed to protect user data as part of the deal.

Mortgage rates cross back over 7% after U.S. credit downgrade

The rate on the 30-year fixed mortgage crossed 7%, hitting its highest level since April 11.

Novo Nordisk is betting on a CEO shake-up to regain its weight loss drug edge over Eli Lilly

Novo Nordisk's new top executive will need to help the company close the gap with Eli Lilly, fend off emerging rivals and navigate other challenges

Netflix to stream 'Sesame Street' episodes beginning later this year

Netflix signed a deal for the streaming rights to new episodes of the long-standing children's show "Sesame Street," beginning later this year.

Tariff Uncertainty Threatens to Drag Down Europe’s Economic Growth

The European Union scaled back its forecast for growth in 2025 by nearly half a percentage point, as the jump in tariffs and surrounding chaos bite.

‘Sesame Street’ Signs New Streaming Deals With Netflix and PBS

The deal is a much-needed shot in the arm for Sesame Workshop, the nonprofit that produces “Sesame Street” and has been struggling financially.

Greggs shifts food behind counters to stop thieves

The High Street chain is trialling moving its self-serve goods to crack down on shoplifting.

Need a home mortgage? Here's how climate change could hit your credit score

A new report finds a direct link to foreclosures from climate change and suggests as lenders factor that risk into underwriting, it could alter credit scores.

Morrisons says UK-EU deal will 'ease' price pressure

The EU-UK trade deal has been praised as a "leap foward" and "genuine progress" by some of the UK's major business groups.

EU deal disastrous for Scotland, says fishing body

A new deal extending access for EU boats in UK waters has been agreed as part of a wider softening of relations with the bloc.

Nine Federally Funded Scientific Breakthroughs That Changed Everything

The U.S. is slashing funding for scientific research, after decades of deep investment. Here’s some of what those taxpayer dollars created.

David Adelman is leading the next generation of deal-hungry family offices

Entrepreneur David Adelman said family offices can provide more expertise and more patient capital than private equity or venture funds.

Campaign Against Avelo Airlines Over ICE Deportation Flights Sets Off Legal Fight

Seth Miller, a New Hampshire lawmaker, placed billboard ads protesting Avelo Airlines’ decision to operate flights for ICE. Avelo accused him of trademark infringement.

Bath & Body Works names recent Nike executive as its new CEO, effective immediately

Daniel Heaf was most recently Nike's chief transformation and strategy officer until his role was eliminated by the sneaker giant's new CEO Elliott Hill.

What will 'reset' deal mean for UK economic growth?

The deal paves the way for more common ground with the EU, but only dismantles a fraction of the trade barriers erected post-Brexit.

The ‘Sell America’ Trade Makes a Comeback

Investors sold stocks and bonds after Moody’s downgraded the U.S. credit rating, potentially complicating negotiations around Republicans’ tax plan.

How Miami Schools Are Leading 100,000 Students Into the A.I. Future

After initially banning artificial intelligence chatbots, schools are embracing the tools. Miami, the third-largest U.S. school district, shows how.

Annual energy bills predicted to fall £129 in July

Domestic energy prices are forecast to fall in July, reversing three consecutive increases in the regulator's price cap.

China directs state bodies to buy more home-made EVs for official use

Beijing’s latest order follows similar notices in 2024 that aim to increase Made in China electric vehicles in government fleets.

Minnesota Iron Miners Lost Their Jobs, But Not Their Faith in Trump’s Tariffs

With demand for steel down and a trade war underway, miners in the Iron Range of Minnesota are feeling the hit. But they hope better times are ahead.

Stellantis, Chinese EV maker Leapmotor near decision on European production

Leapmotor says production costs likely to rise by 10 per cent compared with former Poland plant, but has no plans to raise prices.

The U.S. Under Trump: Alone in Its Climate Denial

The administration is not only allowing more greenhouse gases. It is undermining the nation’s ability to understand and respond to a hotter planet.

How to Travel Without a Phone

Leaving your device at home might seem daunting, but it can result in a deeper connection to a place and more authentic interactions with locals.

China’s economic resilience muffles speculation over imminent fiscal stimulus

China’s exports and industrial output beat market expectations in April, despite the impact of US tariffs.

Energy price cap: What next for gas and electricity bills and can I fix?

Gas and electricity prices are expected to fall in July, under regulator Ofgem's new price cap.

BeiDou, China’s version of GPS, now being used over 1 trillion times per day

The Chinese navigation system has ascended to a dominant position in its home market, driving nearly US$80 billion of economic output last year.

What Has Changed Since Silicon Valley Bank Collapsed? Not Much.

Two years later, no major legislation or regulation has passed, and the basic problem that caused the crisis persists.

China’s manufacturing resilient in April despite US tariffs, but consumption softens

China’s industrial output rose 6.1 per cent, beating estimates, while domestic consumption up 5.1 per cent – slightly below expectations.

China’s yuan fit to rival US dollar as global currency if more accessible: economist

‘US exceptionalism is over – the beginning of the end,’ Singapore-based economist warns while weighing in on how China can internationalise its currency.

Apple boosts India's factory hopes - but a US-China deal could derail plans

The US-China trade "reset" could stall the manufacturing investment coming into India, say experts.

The world's most dangerous country for trade unionists

More trade union members are murdered in the South American nation than anywhere else.

UK driverless cars coming in 2027 - but Uber says it's ready now

The previous government had said autonomous vehicles were "set to be on the road" by 2026.

New buy now, pay later rules aim to protect shoppers

Lenders will have to carry out affordability checks and shoppers will have faster access to refunds under the plans.

The secretive US factory that lays bare the contradiction in Trump's America First plan

An exclusive look inside the closely guarded factory the president wants to become a foundation stone for a US golden age.

Publix Recalls Baby Food Pouches Over Lead Contamination Concerns

The voluntary recall was prompted after routine testing. It is the second such recall recently of baby food over possible lead contamination.

Trade war fallout: Chinese e-commerce firms intensify push for Europe’s shoppers

Temu and Shein launch aggressive campaigns in European market amid US trade uncertainty – with ad spending up by as much as 70 per cent.

China puts heavy 75% tax on US imports of vital engineering plastic

The levy, which also hits firms from the EU, Japan and Taiwan came despite a 90-day truce in the trade war between the two countries.

Minister 'pushing' for deal over use of EU passport e-gates

The deal could form part of negotiations taking place between the UK and EU on Monday.

Energy boss warns over future of gas storage facility

UK's largest gas storage facility will miss £2bn investment without help, boss of Centrica tells BBC.

EV battery maker CATL seeks new growth in clean tech ahead of Hong Kong listing

The company is exploring overseas expansion opportunities and revving up its charging robot initiative through its subsidiary CharGo.

Have ticket, will travel? China’s concertgoers spur tourism spending spree

Eager fans are criss-crossing China to see their beloved stars – and spending while doing it, providing a much-needed consumption boost.

A letter from the M&S hackers landed in my inbox - this is what happened next

BBC's Joe Tidy spoke directly to those who claim they are responsible for hacking M&S and Co-op.

Defence deals and palace invites: UK and EU haggle before first summit since Brexit

Defence deals, fishing rights and closer economic ties among the talking points at Downing Street.

Starbucks Baristas Stage Walkouts Over Dress Code Change

Their union objected to the unilateral policy change. Starbucks said the disruption has been minimal.

Capital One to Pay $425 Million to Settle Suit Over Savings Accounts

Depositors said the bank cheated them out of higher interest rates. As part of the settlement, the bank admitted no wrongdoing and agreed to make up for lost interest earnings.

U.A.E. Is Pouring Money Into Africa, Seeking Resources and Power

As the United States and other economic powers reduce their investment, aid and presence in Africa, the United Arab Emirates is wielding its wealth.

M&S hackers believed to have gained access through third party

The retailer has been struggling to get its services back to normal after a cyber-attack in April.

China cuts US Treasury stockpile, dropping to No 3 spot among foreign holders

Britain takes China’s place as America’s second-biggest overseas creditor as Beijing pushes to diversify foreign exchange reserves.

Duffy Blamed Biden for Air Traffic Woes. It’s a Decades-Old Problem.

The federal government has taken a reactive approach to aviation policy, often leading to delays in modernization efforts and inadequate staffing and funding.

A Paychex 401(k) Rollover Leads to a Six-Figure Theft at Chase Bank

A thief stole 401(k) checks out of the mail. But why was Paychex, a major industry player, using paper at all given how often check fraud happens?

Can I Make My Jewish Employee Work on Christian Holidays?

Plus, how to know when the problem is actually you.

How Staffing Shortages Have Plagued Newark Airport

What’s causing major flight delays and disruptions at Newark Liberty International Airport? Niraj Chokshi, a reporter at The New York Times covering transportation, explains how a staffing shortage has contributed to the chaos and what’s being done to address it.

What if a Grocery Store Was More Like a Farmers’ Market?

A farm stop in Ann Arbor, Mich., has found success with its local-first approach. But is the model replicable?

How Europe went ‘crazy’ for Chinese blind-box toys – and why it matters

The craze is the latest sign that Chinese brands are becoming more skilled at winning over Western consumers.

Cambodia starts selling durians to China, vying to rival Thailand, Vietnam and Malaysia

The Southeast Asian nation sees juicy opportunities in the vast Chinese durian market, but first it will need to win over picky consumers.

Moody’s Downgrades U.S. Credit Rating Below Triple-A

Now all three major credit rating firms no longer give the United States their best rating.

US loses last perfect credit rating amid rising debt

Moody's said successive US administrations had failed to reverse ballooning deficits and interest costs.

Five House Republicans stall Trump's 'big, beautiful' tax bill

Lawmakers from the president's own party joined all Democrats to reject a key domestic bill, demanding deeper budget cuts.

China’s change of heart on studying abroad shows foreign degrees are losing their lustre

Middle-class parents in China long viewed overseas diplomas as the best path to success, so what has changed? And why are overseas students in an ‘increasingly awkward position’?

Federal Reserve Plans to Cut 10% of Its Staff

In an internal memo to staff on Friday, the central bank’s chair, Jerome H. Powell, said it would offer a voluntary deferred resignation program.

Trump’s Movie Tariffs Run the Risk of a Second, More Damaging, Trade War

Hollywood offers a service, and services are what really drive the U.S. economy. President Trump’s proposed tax could set off a second, and more damaging, trade war.

Fresh milk and classical music: Firm posts lucrative office cat-sitting job

The job ad requires the successful candidate to play classical music to the cat on Fridays.

Who Took the ‘Napalm Girl’ Photo?

Questions about the credit for a famous photograph from the Vietnam War have divided the photojournalism community for months.

In the U.S., a Summer Travel Slump Looms

Many airlines, hotels and analysts are forecasting a downbeat tourism season in America, as threats of tariffs and unpopular policy decisions take their toll.

Cable companies Charter and Cox agree to merge

Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have entered into an agreement to merge.

Boeing May Avoid Guilty Plea With DOJ Over Deadly 737 Max Crashes

A decision by the Justice Department not to pursue a guilty plea from Boeing would be the latest about-face in a long effort to hold the plane maker accountable for the crashes of two 737 Max jets.

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

Boeing agreed to plead guilty to fraud charges tied to its troubled 737 Max crashes last year.

US proposes dropping Boeing criminal charge

Families criticised the move, which would avoid a trial that is due to begin in June.

‘It’s All About Trump’s Tariffs’: Asia Flocks to U.S. Trade Official

Asia Pacific Economic Cooperation nations, staring down U.S. tariffs, jockeyed for time with Jamieson Greer, the U.S. trade representative, at a gathering in South Korea.

Cable Giants Charter and Cox to Merge in $34.5 Billion Deal

The combination, which must pass muster with antitrust authorities, would create one of the biggest TV and internet providers in the United States.

Republican Tax Bill May Hurt the Lowest Earners and Help the Richest

Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.

Retirees Are Filing for Social Security Earlier. Why?

An additional 276,000 people filed for Social Security benefits so far this fiscal year, up 13% from a year ago. Anxiety appears to be a driver.

Novo Nordisk to Replace C.E.O. After Losing Edge in Weight-Loss Drugs

The Danish drugmaker, which makes Ozempic and Wegovy, has seen its stock tumble as competition in the weight-loss drug market has grown fiercer.

Tesco apologises after software issue hits website and app

The company apologised to customers after its app and website went down on Friday afternoon.

How much would a 100% 'Made in the USA' vehicle cost? It's complicated

President Donald Trump wants automakers to build more vehicles in the U.S. with American parts, but it's not as easy as it might seem.

Data Centers’ Hunger for Energy Could Raise All Electric Bills

Individuals and small businesses may end up bearing some of the cost of grid upgrades needed for large electricity users, a new report found.

How NFL quarterback Lamar Jackson is leveraging his horse racing team to build up Baltimore

Jackson said he has no immediate plans to take ownership in other sports teams. Instead, he hopes to bring new opportunities to the young people of Baltimore.

US-China deal no relief for firms as rare earth curbs keep supply chain severed

Documents show Beijing export restrictions – with no explicit removal after trade deal – hampering US-based magnet buyer with slow approvals.

Can Paula Kerger Keep PBS on the Air Amid Threats from Trump and Congress?

Paula Kerger, the chief executive of PBS, is used to fights over the public broadcaster’s funding. But to her, the latest threats feel like “all-out effort to take us out.”

Wealthy taxpayers get new breaks under House bill — along with a hidden tax hike

High earners would get a series of tax cuts in the latest House plans, yet many could also be subject to a tax hike that could limit their charitable giving.

Want a Gift for Opening a 529 College Savings Account?

Some state plans give cash incentives in May to spur contributions.

Inside the Rift Over Trump’s A.I. Deals in the Gulf

The president’s Middle East visit produced multibillion-dollar technology investments by the Saudis and Emiratis. But they face political pushback at home.

Federal Officials May Limit Recommendations for Covid Vaccine

With new testing requirements, it’s not even clear whether new Covid or flu shots can be made available this fall.

Trump’s Computer Chip Deals With Saudi Arabia and UAE Divide US Government

Big deals to sell chips to the U.A.E. and Saudi Arabia have divided the U.S. government over whether they could be remembered for shipping cutting-edge A.I. overseas.

Despite headwinds faced by China, it’s not all plain sailing for Korean shipbuilders

America’s plan to impose higher docking fees on vessels made in China will be a blow, but South Korean shipyards face capacity constraints.

Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth

Other restaurant companies have reported same-store sales declines and falling traffic as consumers have pulled back their restaurant spending.

One in 10 have no savings, financial regulator says

Stress and anxiety among those with debts remains high but help is available, a major survey finds.

To survive the trade war, China aims to create a stronger domestic economy

Beijing has gained greater urgency in its push to rebalance the economy and make it less vulnerable to US tariffs, analysts say.

Another Chinese car carrier sets record, putting spotlight on vehicle export ambitions

With a maximum capacity of 9,500 vehicles, Anji Ansheng is the world’s largest car carrier, beating a record only set late last month.

Can C-SPAN Pull Off ‘Crossfire,’ but With Civility?

“Ceasefire” will be the low-key public affairs channel’s first new weekly show in two decades. The question is whether Republicans and Democrats will show up.

The camera tech propelling shows like Adolescence

Whole TV shows shot in one long take are made possible by new lightweight cameras.

US tariffs on pharmaceuticals could hit Chinese export firms’ profit margins: analysts

America is reliant on mainland companies for the raw materials needed to make life-saving drugs, but experts say duties are likely.

Walmart CFO says price hikes from tariffs could start later this month, as retailer beats on earnings

Walmart beat first-quarter earnings expectations but missed on revenue, and its CFO said price increases from President Donald Trump's tariffs could start soon.

Walmart says it will hike some prices due to tariffs. Here’s what that means for shoppers

Bananas, roses and toys are some of the items hit by tariffs and price hikes could come as soon as late May, according to the retailer.

Dick's Sporting Goods to acquire Foot Locker for $2.4 billion in effort to corner Nike market

The combined company will have a competitive edge in the Nike sneaker market and will provide Dick's access to international markets, plus a younger consumer.

UK economy is growing more than expected - how optimistic should you be?

The UK economy grew by more than expected at the start of 2025. What does this mean for you?

'Shark Tank' alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots

Socks and t-shirt company Bombas has appointed longtime retail executive Jason LaRose to be its next CEO as it looks to scale beyond DTC roots.

Here's exactly how unaffordable today's housing market is — and where it's getting worse

The housing shortage is finally easing, but even with more listings available, the market still historically unaffordable to a huge swath of buyers. Here's why.

Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women's team

Ohanian's Chelsea deal values Chelsea FC Women at 200 million pounds, according to a person familiar with the deal.

President Xi sends a message to Danish businesses ahead of China visit by foreign minister

First such letter to a foreign business community since 2021 shows how China is trying to expand its circle of friends amid a trade-war truce with the United States.

The mystery math behind Bill Gates’ pledge

Bill Gates has an enviable problem: He can't give away his money fast enough.

China to US container bookings soar nearly 300% after trade war truce

The agreement to pause tariffs for 90 days promises early peak shipping – but challenges lie ahead, industry insiders warn.

What has happened to the closed Debenhams stores?

From bowling alleys and lab spaces, to town centre eyesores - what remains of Debenhams' old shops?

Party journal says China can establish effective market stabilisation fund

Study Times and CSRC chairman acknowledge Central Huijin Investment’s role as ‘quasi stabilisation fund’.

China moves to protect small traders from US trade war

Beijing urges major tech platforms to do more to support self-employed vendors, who are facing ‘pressure and challenges’ due to US tariffs.

Letting off steam: How Dominica's volcanoes will boost its green energy

The Caribbean island is building a power station that will use steam naturally heated by volcanic rock.

HBO Max is coming back — Warner Bros. Discovery is renaming its streaming service, again

The change comes as Warner Bros. Discovery seeks to scale back its volume of content and focus on quality programming and storytelling.

New York AG sues Capital One after Trump-led CFPB drops similar case

New York Attorney General Letitia James sued Capital One, accusing it of "cheating" customers out of millions of dollars, after the CFPB dropped a similar suit.

Netflix says its ad tier now has 94 million monthly active users

Netflix also touted the success of ads on its platform and said its cheapest tier reaches more 18- to 34-year-olds than any U.S. broadcast or cable network.

Video podcasts are the next big pitch at media Upfronts

Podcasts, which are increasingly more popular as videos, are taking the stage at media companies' annual pitch to advertisers this year.

China, US sign duelling deals after agreeing to trade war truce

Following their tariff reductions, China and the US have unveiled major investments – Beijing in Brazil and Washington in the Middle East.

How China is adeptly playing the ace up its sleeve, rare earth minerals, in US trade deal

Until the US-China trade war abates and Beijing eases more rare earth export controls, American buyers are expected to take a skittish long-term view of Chinese sourcing.

Inside the Chinese sofa factory left deserted by Trump tariffs

The BBC's Laura Bicker takes us inside a Chinese sofa factory that almost ground to a halt after Trump's tariffs.

Foreigners flock to China’s Shenzhen as visa-free entries surge 160%

Visa-free policies have helped the southern tech hub become a popular destination for overseas tourists, particularly from elsewhere in Asia.

Goldman Sachs, UBS raise China economic growth forecasts after US trade truce

Goldman Sachs also lifts US growth forecast by half a percentage point and predicts strengthening of yuan against US dollar.

Trump’s tariff chaos push Chinese car-parts makers to recalibrate global expansion plans

The fluid tariff situation makes planning difficult, particularly with regard to offshore investment, S&P analysts say.

Is the US finally on track to build a high-speed rail network?

The US currently has no high-speed rail services, but two are under construction, and more planned.

‘Extreme stress’: how the trade war caught one of China’s richest provinces off guard

Zhejiang’s reliance on the US market left it scrambling in April, as soaring tariffs forced officials onto a wartime footing.

American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

American Eagle said it expects sales to decline 5% in its fiscal first quarter after it saw slow demand and steep discounting.

Hertz shares plummet after company's disappointing first-quarter results, $250 million stock offering

Shares of Hertz plummeted Tuesday morning following the company reporting disappointing first-quarter earnings and fleet cuts amid slower bookings and tariffs.

YouTube will stream NFL Week 1 game in Brazil for free

The NFL's Week 1 game between the Kansas City Chiefs and the Los Angeles Chargers in Brazil will be streamed for free on YouTube for the first time ever.

Times have changed: US-China talks show Beijing has refined the art of dealing with Trump

Analysts say China has emerged as the ‘only credible global counterweight to Washington’, wielding the ability to walk away as US alienates partners.

When will I be able to shop online at M&S again?

Online orders paused, some customer data stolen - here's what we know about the chaos at M&S.

China’s factories race to ship goods amid US trade truce: ‘everyone’s rushing’

Chinese manufacturers are using the pause in the trade war to front-load as many shipments as possible – and prepare for the ‘inevitable’ next crisis.

Why the US-China trade ceasefire won’t save Christmas

Trump’s trade war has already done harm, disrupting the months-long process that gets Chinese-made toys in US stores before the holidays.

Did China’s ‘skilled’ negotiators help break the US trade deadlock?

US officials praised the negotiating style of Chinese counterpart He Lifeng at the successful talks, where Li Chenggang made his debut.

Shipping demand set to explode as firms rush to exploit US-China tariff pause

The surge in container traffic could be so large that it creates bottlenecks and delays at American ports, analysts warn.

After the China-US trade deal, what tariffs will exporters actually pay?

While exporters are likely to welcome the tariff reduction agreement, the effective rates of taxation are still complex – and burdensome.

China expected to ramp up soybean imports from Brazil, reduce US reliance amid trade war

As Latin American leaders gather in Beijing, the mainland wants to diversify imports – creating opportunities for the region, experts say.

How to avoid a puncture on the Moon

Giant tyre firms are testing tyres that can survive conditions on the Moon and Mars.

Americast

And why are Gen Z obsessed with the new American pope?

Currently

Vicky Spratt investigates the thousands of people trapped in high interest mortgages.

China’s property market is more than just a struggling residential sector

While Chinese commercial property faces risks from economic and geopolitical concerns, it is not in the same boat as the housing market.

China, US reduce majority of tariffs after first round of trade talks

Beijing and Washington agreed to remove most tariffs imposed since April’s ‘Liberation Day’ package following two days of negotiations.

How the US-China trade talks beat expectations and stopped the bleeding, for now

Analysts say the outlook appears more rose-tinted after weeks of tit-for-tat tariff escalations, and the implications for businesses, markets and consumers look encouraging.

Offshore yuan gets a lift as market awaits outcome of US-China trade talks

With both China and the US reporting ‘progress’ in their first trade talks, the offshore yuan had strengthened to 7.22 per US dollar by Monday.

As unswerving superpowers meet unsustainable tariffs, Yao Yang breaks down the paradox

From the US-China trade war to China’s economic outlook for the months ahead, the economist and academic – known for his hot takes – talks policy and strategy.

The US and China hold the key to each other’s economic puzzle

One consumes too much, produces too little. The other produces too much, consumes too little. What if each could solve the other’s problem?

While China’s EV exports to UK are down, plug-in hybrids are bucking the trend

The country exported 3,898 hybrid EVs to the UK in March, a year-on-year increase of 1,849%.

Heavy equipment maker Sany eyes doubling of overseas revenue after Hong Kong IPO

Aiming to raise up to US$1.5 billion in its proposed listing, company eyes lucrative overseas sales amid weak demand at home.

What role is Yunnan playing as China looks to Asean for more food?

Province’s agricultural imports from largest trading partner up 26.5% in first quarter of this year.

For Chinese consumers, buying local has become a statement of national pride

What defines China is shifting, from what it makes to how it spends, as consumption becomes an emotional and cultural act.

Temu points Chinese sellers to Middle East, Latin American markets amid US tariff woes

US tariffs are prompting Chinese merchants to seek alternative markets, but some sellers remain hopeful that the worst is soon behind them.

'I freaked out and spent $400 online': US consumers on cheap shipping changes

How consumers are reacting to shipping changes that mean low-value packages entering the US no longer avoid tariffs.

Tips from first-time buyers: 'We bought a £320,000 home aged 25'

Young buyers are saving hard, moving cities, and using government schemes to get on the housing ladder.

Xi's real test is not Trump's trade war

The real battleground of the current trade war might be China's domestic economy

The curious case of why a billionaire wants to buy Royal Mail

From the end of April, the 500-year-old Royal Mail will be controlled by Czech billionaire Daniel Kretinsky who co-owns a football club - but why does he want it?

Trump has turned his back on the foundation of US economic might - the fallout will be messy

What made the US step back from the system that it profited handsomely from for decades?

Starmer's response to Trump tariffs is both to slow down and go faster

What's happening in Whitehall to try to limit the harm to the UK, perhaps by making a deal with the US, and make the most of any opportunities?

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