5 d. ago Google reports strong earnings amid DoJ antitrust lawsuits and Trump tariffs

Tech giant exceeds Wall Street expectations despite 17% drop in stock price and tariffs levied on its trade partnersGoogle’s parent company Alphabet reported strong first quarter earnings on Thursday, despite being embroiled in antitrust lawsuits brought by the US government and seeing a 17% drop in its stock price since the beginning of the year. This is the company’s first earnings report since Donald Trump levied tariffs on trade partners around the world.Despite the upheaval for Alphabet, it exceeded Wall Street’s expectations, reporting revenue of $90.23bn, up 12% since the same time last year, and $2.81 in earnings per share. Analysts had projected first quarter revenue of $89.2bn and earnings of $2.01 per share, according to consensus estimates. The global tariffs were not expected to create much of an impact for Alphabet, since they were mostly instituted after the end of the quarter. Continue reading...

Politics

6 d. ago Google to report earnings amid justice department lawsuits and Trump tariffs

Parent company to report revenue as it’s embroiled in 17% drop in stock price and tariffs levied on its trade partnersGoogle’s parent company Alphabet will report its first quarter earnings on Thursday, which come as the tech giant is embroiled in antitrust lawsuits brought by the US government and a 17% drop in its stock price since the beginning of the year. It’s also the company’s first earnings report since Donald Trump levied tariffs on trade partners around the world.Despite the upheaval, analysts appear optimistic on Alphabet’s outlook projecting first quarter revenue of $89.2bn, up 11% since the same time last year, and earnings of $2.01 per share, up 7%, according to consensus estimates. Analysts don’t expect the global tariffs to create much of an impact for Alphabet, since they were mostly instituted after the end of the quarter. Continue reading...

Politics

7 d. ago Trump says he is ‘entitled’ to deport people without trials – live

President says it’s not possible to have trials for everyone he wants to deport and that US would otherwise be a ‘very dangerous country’Hegseth blames ousted officials for leaksSpeaking in India, JD Vance has warned that the 21st century could be “a very dark time for all of humanity” depending on the decisions made over global trade and global partnerships at this juncture.The US vice-president said “We are now officially one quarter into the 21st century, 25 years in, 75 years to go. And I really believe that the future of the 21st century is going to be determined by the strength of the US-India partnership. Continue reading...

Politics

8 d. ago White House says Hegseth ‘doing a tremendous job’ despite latest security lapse – live

Trump press secretary doubles down on fired Pentagon employees who ‘leaked to the mainstream media’ and reiterates president’s support of embattled secretaryHegseth blames ousted officials for leaksSpeaking in India, JD Vance has warned that the 21st century could be “a very dark time for all of humanity” depending on the decisions made over global trade and global partnerships at this juncture.The US vice-president said “We are now officially one quarter into the 21st century, 25 years in, 75 years to go. And I really believe that the future of the 21st century is going to be determined by the strength of the US-India partnership. Continue reading...

Society

8 d. ago Democrats call for Hegseth to resign as new details emerge on latest intelligence leak – live

Republicans stand behind embattled US defense secretary as NBC News reports Hegseth shared sensitive information from top general to family membersHegseth blames ousted officials for leaksSpeaking in India, JD Vance has warned that the 21st century could be “a very dark time for all of humanity” depending on the decisions made over global trade and global partnerships at this juncture.The US vice-president said “We are now officially one quarter into the 21st century, 25 years in, 75 years to go. And I really believe that the future of the 21st century is going to be determined by the strength of the US-India partnership. Continue reading...

Politics

8 d. ago JD Vance says Trump seeks to ‘rebalance global trade’ while announcing progress on US

Vice-president says administration wants to ‘build something truly new’ for global trade as he says talks with Modi have agreed trade negotiation reference pointsSpeaking in India, JD Vance has warned that the 21st century could be “a very dark time for all of humanity” depending on the decisions made over global trade and global partnerships at this juncture.The US vice-president said “We are now officially one quarter into the 21st century, 25 years in, 75 years to go. And I really believe that the future of the 21st century is going to be determined by the strength of the US-India partnership. Continue reading...

Politics

9 d. ago Beijing warns countries not to act against China in trade deals with US

Response to concerns that Washington will push trade partners to isolate Chinese goods and businesses

Events

1 week ago Vance set to visit India for bilateral talks on economic, trade and geopolitical ties

U.S. Vice President JD Vance is set to visit India on a four-day tour as the two countries seek to strengthen their partnership by negotiating a bilateral trade deal

Politics

1 week ago The Apprentice winner Dean Franklin declares what 'petrified' him the most during BBC series

This year's The Apprentice concluded on Thursday night - and Lord Sugar picked Dean Franklin, a tradesperson from Dagenham, east London, to become his latest business partner

Politics

2 w. ago PM insists UK approach to tariffs is correct as other nations offered reprieve

Donald Trump’s snap decision to halt all reciprocal levies means that even trade partners who threatened retaliation face the same 10% rate as the UK.

Politics

3 w. ago UK must improve trade relations with Europe amid US tariff wars, warns Reeves

Chancellor rules out rejoining customs union but says Britain must bolster post-Brexit trade with partnersUK politics live – latest updatesDonald Trump’s unfolding trade war makes it even more “imperative” for the UK to improve its post-Brexit trading relations with the European Union, Rachel Reeves has said.The government has ruled out rejoining the EU customs union, but the chancellor has insisted the UK wants to improve its trade relationship with “partners in Europe”, given the difficulties British firms have found in exporting their products around Europe. Continue reading...

Events

3 w. ago As markets implode, US trading partners puzzle over whether there's room for negotiations

The impact from U.S. President Donald Trump's blast of tariff hikes is reverberating across world markets as America's trading partners puzzle over whether there is room for negotiating better deals

Politics

3 w. ago IMF warns of ‘significant risk’ to global economy from Trump tariffs as markets plunge

Fund boss Kristalina Georgieva says it is important that US and trading partners avoid escalating trade warBusiness live – latest updatesThe International Monetary Fund (IMF) has warned that Donald Trump’s implementation of swingeing tariffs poses a “significant risk” to the global economy, as stock markets were hit by a punishing worldwide sell-off by investors.Kristalina Georgieva, the managing director of the IMF, said it was important that the US and its trading partners avoided further escalating Trump’s trade war, while stock markets plunged on Friday as China retaliated against the tariffs. Continue reading...

Events

3 w. ago US stock markets tumble as investors shaken by Trump tariffs

Dollar hits six-month low after president announces sweeping tariffs on US’s largest trade partnersTrump condemned as global markets tumble – live updatesUS stock markets tumbled on Thursday as investors parsed the sweeping change in global trading following Donald Trump’s announcement of a barrage of tariffs on the country’s trading partners.All three major US index funds were down as trading started on Thursday morning. The tech-heavy Nasdaq fund was down 4.5%, while S&P 500 and the Dow dropped 3.4% and 2.7% at opening, respectively. Continue reading...

Economics

3 w. ago Trump’s ‘idiotic’ and flawed tariff calculations stun economists

‘Willing sycophants’ came up with simplistic formula that has thrown global economy into disarrayUS politics live – latest updatesUK politics live –latest updatesEurope live – latest updatesWaving a big chart as a prop in the White House Rose Garden, Donald Trump suggested his new tariff plan was simple: “Reciprocal – that means they do it to us, and we do it to them. Very simple. Can’t get simpler than that.”Perhaps a bit too simple. The method used to calculate the most important numbers in international trade, politics and economics has left some of the world’s leading experts shocked.Goods trade deficit: $291.9bnTotal goods imports: $438.9bnThose figures divided = 0.67, or 67%And halved = 34%Reciprocal tariffs are calculated as the tariff rate necessary to balance bilateral trade deficits between the US and each of our trading partners. This calculation assumes that persistent trade deficits are due to a combination of tariff and non-tariff factors that prevent trade from balanc...

Politics

3 w. ago Trump news at a glance: sweeping tariffs announced; Musk could be nearing end of role

Trump announces ‘reciprocal’ tariffs on largest US trading partners; Elon Musk may leave government role at end of 130-day cap. Here’s your roundup of key US politics stories from 2 April 2025Donald Trump announced sweeping tariffs on some of its largest trading partners on Wednesday, upending decades of US trade policy and threatening to unleash a global trade war on what he has dubbed “liberation day”.Trump said he will impose a 10% universal tariff on all imported foreign goods in addition to “reciprocal tariffs” on a few dozen countries, charging additional duties onto countries that Trump claims have “cheated” America. Continue reading...

Politics

3 w. ago Trump announces sweeping new tariffs, upending decades of US trade policy

President to impose ‘reciprocal’ tariffs on largest trading partners and says new charges will bring about ‘golden age’Business live – latest updatesDonald Trump announced sweeping tariffs on some of its largest trading partners on Wednesday, upending decades of US trade policy and threatening to unleash a global trade war on what he has called “liberation day”.Trump said he will impose a 10% universal tariff on all imported foreign goods in addition to “reciprocal tariffs” on a few dozen countries, charging additional duties onto countries that Trump claims have “cheated” America. Continue reading...

Politics

3 w. ago Trump tariffs live updates: President unveils reciprocal tariffs on U.S. trading partners stoking fears of trade war

President reveals next phase of sweeping tariffs agenda; global markets fear escalating trade war

Politics

4 w. ago Trump prepares to unveil reciprocal tariffs as markets brace amid trade war fears

President promises he will be ‘very kind’ but critics warn his strategy risks triggering chain reaction and global trade warAs Donald Trump prepared to unveil a swathe of reciprocal tariffs, global markets braced and some Republican senators voiced their opposition to a strategy that critics warn risks a global trade war, provoking retaliation by major trading partners such as China, Canada and the European Union.The US president said on Monday he would be “very kind” to trading partners when he unveils further tariffs this week, potentially as early as Tuesday night. Continue reading...

Politics