WHO warns Ebola outbreak in Congo and Uganda likely to worsen
The head of the World Health Organization said on Monday that the fast-moving Ebola outbreak in Democratic Republic of Congo and Uganda was outpacing ...
U.S. President Donald Trump is warning that the 25% tariffs on British steel imports may remain unless the UK provides specific assurances about the Indian-owned Tata Steel plant at Port Talbot, amid ongoing trade negotiations following a partial G7 agreement.
Despite a recent trade deal between the U.S. and UK that reduces tariffs on British car exports and aerospace products, steel tariffs remain a contentious issue. Trump has made clear that he may maintain a 25% tariff on UK steel unless the UK government offers guarantees concerning the Port Talbot steelworks in south Wales.
The trade agreement, agreed between Trump and UK Prime Minister Keir Starmer during the G7 summit, cuts tariffs on up to 100,000 British cars from 27.5% to 10% and eliminates tariffs on aerospace goods. However, it did not include the removal of steel tariffs.
UK officials continue negotiations on steel and aluminium tariffs, with concerns in Washington about Tata Steel’s import of raw materials, following the closure of blast furnaces at Port Talbot last year. Tata now imports materials mainly from its other sites in the Netherlands and India until it opens a new electric arc furnace in 2027.
U.S. trade rules require steel to be “melted and poured” in the exporting country to qualify for tariff exemptions. While the U.S. is considering granting an exemption for Tata, it is seeking detailed guarantees about the timeline for switching to the new furnace and transparency on the supply chain’s origin and tracking.
Starmer acknowledged ongoing work on steel tariffs but remains optimistic about progress. The UK government is hopeful that Tata’s lack of raw steel imports from China will aid in persuading the US to include all British steel exports in the deal.
The inaugural Enhanced Games began in Las Vegas on Sunday (24 May), launching one of the most controversial experiments in modern sport, in which athletes openly compete using performance-enhancing drugs banned under traditional anti-doping rules.
A peace agreement between Washington and Tehran is yet to materialise, with U.S. President Donald Trump saying that negotiations are incomplete and an Iranian Foreign Ministry Spokesman saying that a deal isn't imminent.
A "largely negotiated" memorandum of understanding on an Iran peace deal would reopen the Strait of Hormuz, U.S. President Donald Trump said on Saturday, though the Iranian Fars news agency disputed that claim.
Police fired tear gas and clashed with protesters in central Belgrade on Saturday, as tens of thousands gathered to demand early elections and an end to the more than decade-long rule of Serbia's President Aleksandar Vučić.
The head of the World Health Organization said on Monday that the fast-moving Ebola outbreak in Democratic Republic of Congo and Uganda was outpacing response efforts, giving the latest number of suspected deaths as 220.
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.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Elon Musk’s SpaceX will have to improve its reliability before receiving approval for its target 10,000 launches annually within five years, Bryan Bedford, Head of the U.S. civil aviation agency, the Federal Aviation Administration (FAA), has said.
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