21:00
business news

Nippon Steel completes $14.9 billion U.S. Steel acquisition

Nippon Steel closed its $14.9 billion acquisition of U.S. Steel on Wednesday after securing approval from the Trump administration, which obtained a rare “golden share” giving the U.S. government veto power over key corporate decisions.

19:30
UN staff cuts

UN trade agency warns of 'painful' cuts as demand rises

The United Nations Conference on Trade and Development agency (UNCTAD) faces deep staffing cuts amid a global funding crisis, raising concerns about its ability to support developing nations navigating economic shocks like U.S. tariffs.

10:19
UK sanctions Russia

UK hits Russia's military and energy sectors with new sanctions

The UK has intensified economic pressure on Russia by announcing a new wave of sanctions. Prime Minister Keir Starmer announced 30 new measures which target key areas of Russia’s financial, military, and energy sectors, in response to President Volodymyr Putin’s ongoing war in Ukraine.

11:11
Gold

Central banks favour gold over dollar for reserves

Central banks around the world expect their gold holdings as a proportion of their reserves to increase over the next five years while expecting their dollar reserves to be lower, a survey by the World Gold Council (WGC) showed.

22:30
crypto

Trump Media files for bitcoin and ethereum ETF

Donald Trump's media company has filed for a Bitcoin and Ethereum exchange-traded fund (ETF), prompting fresh concerns over potential conflicts of interest as the U.S. President remains active in both politics and cryptocurrency ventures.

15:16
Business news

Jaguar Land Rover warns U.S. tariffs will hit profits

Jaguar Land Rover (JLR) has warned that its profits will take a hit due to new U.S. tariffs imposed by President Donald Trump, after the company paused shipments to the American market in response to new 25% import tax hikes.

15:30
Dollar weakens

Euro hits 4-year high as dollar weakens on trade

The euro surged to its highest level in nearly four years against the U.S. dollar, as global investors turned to safe-haven assets amid growing geopolitical tensions and uncertainty surrounding the U.S.-China trade deal.

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Opinion