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Economy

Why has the Bank of England cut interest rates?

Economy

What prompted the Bank of England to lower interest rates?

Peter G. Killigang

The recent choice by the Bank of England to lower interest rates represents a major change in monetary policy that will impact countless consumers, businesses, and investors throughout the United…

Trump hits India with extra 25% tariff for buying Russian oil

Economy

Trump levies additional 25% tariff on India over Russian oil imports

Peter G. Killigang

Ex-President Donald Trump of the United States has declared a fresh 25% duty on products from India due to the nation's continuous acquisition of oil from Russia, sparking renewed discussions…

Economy

Applying for US visas may require $15,000 deposit

Peter G. Killigang

El gobierno de EE.UU. está aparentemente considerando una política que exigiría a algunos ciudadanos extranjeros desembolsar un depósito considerable — posiblemente de hasta $15,000 — como un requisito para obtener…

Trump attacks 'woke' Jaguar as firm names new boss

Economy

Trump calls out ‘woke’ Jaguar as business names new boss

Peter G. Killigang

Former President of the United States, Donald Trump, has once more expressed disapproval of what he refers to as "woke" actions by corporations, this time directing his remarks at Jaguar,…

BP to review oil and gas projects to boost profits

Economy

BP evaluating oil and gas projects to enhance profits

Peter G. Killigang

BP is conducting a strategic assessment of its oil and gas activities as part of a wider initiative to boost profitability and increase shareholder value. This step indicates a renewed…

After a blown deadline, what next for US-Canada trade?

Economy

Missed deadline: implications for US-Canada trade

Peter G. Killigang

The recent inability to reach a crucial trade deadline between the United States and Canada has created uncertainty among both governments and industry stakeholders regarding the future direction of their…

Tesla awards boss Elon Musk bn in shares

Economy

Tesla grants $29bn in shares to CEO Elon Musk

Peter G. Killigang

Tesla CEO Elon Musk has been granted a substantial stock award valued at approximately $29 billion, marking one of the largest executive compensation packages in corporate history. The award, tied…

Economy

EU-US tariff deal not finished yet, say Europeans unhappy with Trump’s terms

Peter G. Killigang

Efforts to finalize a trade agreement between the European Union and the United States are still in progress, with European representatives voicing growing frustration over the terms proposed by the…

Trump hits Brazil with 50% tariffs and sanctions judge in Bolsonaro case

Economy

Trump hits Brazil with steep 50% tariffs, sanctions judge over Bolsonaro

Peter G. Killigang

The United States, under the direction of former President Donald Trump, implemented a 50% tariff on select Brazilian imports, while also placing sanctions on a Brazilian judge involved in a…

Economy

Adidas to raise prices as US tariffs costs rise by €200m

Peter G. Killigang

Adidas is preparing to adjust its pricing strategy in response to mounting financial pressure from increased U.S. import tariffs, which are projected to raise the company’s expenses by approximately €200…