live Trump says he is in 'no hurry' to make a deal with Iran, warns military options still on table
Donald Trump said he is “in no hurry” to reach a deal with Iran, insisting the U.S. is slowly getting what it wants. He warned military action rem...
UK car production fell to its lowest level in nearly 70 years in 2024, as the industry struggles with weak demand and transitions to electric vehicles, with further disruptions expected if tariffs are imposed by the U.S.
Car production in the United Kingdom reached its lowest level in nearly seven decades in 2024, excluding the impact of the COVID-19 pandemic. The decline comes as the industry grapples with weak demand and prepares to transition from fossil fuels to electric vehicles.
According to the Society of Motor Manufacturers and Traders (SMMT), the number of cars produced in the UK dropped to 780,000, marking the lowest output since 1954.
SMMT Chief Executive Mike Hawes noted that the downturn was partly due to factory shutdowns as manufacturers shifted to electric vehicle production. However, he also pointed out that the sector continues to struggle with global demand and slower-than-expected growth in electric vehicle sales.
In a competitive global market, the UK is facing challenges in maintaining its position as a major car manufacturer. British carmakers are bracing for further disruptions, particularly if President Donald Trump imposes tariffs on imports from the UK’s second-largest market.
U.S. rapper Kanye West, now known as Ye, performed to a crowd of 118,000 people in Istanbul on Saturday night, marking his first concert in Europe in more than a decade, despite being barred from performing in several countries over past antisemitic remarks.
Iranian-made Yassin missiles were spotted mounted on Armenian Air Force fighter aircraft during Armenia's latest military parade on Thursday (28 May), drawing attention from defence observers and regional analysts.
The Philippines remains under a "severe threat" from China despite recent efforts by Washington and Beijing to ease tensions, Philippine Defence Secretary Gilberto Teodoro said on Saturday (30 May).
Thai rescuers say five people have been pulled alive from a flooded cave in remote Laos, where seven villagers became trapped after heavy rain cut off access underground.
Russia has recalled its ambassador to Armenia for consultations, citing Yerevan's growing rapprochement with the European Union. The move is seen as the latest sign of deteriorating relations between the longtime allies ahead of Armenia's parliamentary election on 7 June.
European companies are continuing to deepen their presence in China, with nearly seven in ten firms maintaining or expanding their supply chains despite global efforts to diversify, according to a new survey by the EU Chamber of Commerce.
BP has removed its chair, Albert Manifold, with immediate effect, citing concerns over governance and conduct. The company said its board had unanimously decided that Manifold should no longer serve as chair or director.
The dual-class share structure outlined in SpaceX’s initial public offering (IPO) filing, which gives chief executive Elon Musk outsized control, has reignited one of Wall Street’s longest-running debates over corporate governance.
Kevin Warsh will be sworn in as chair of the U.S. Federal Reserve on Friday as policymakers consider higher interest rates to tackle inflation linked to the Trump administration’s Iran policy.
A government-mediated agreement has suspended an 18-day walkout by about 48,000 Samsung union members, easing fears of damage to South Korea's economy and global chip supply.
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