13 h. ago Chinese businesses view tariff pause with caution and uncertainty

While U.S. President Donald Trump has talked of victory after reaching a weekend deal with China to reduce the sky-high tariffs levied on each others’ goods, businesses in China are reacting to the temporary deal with a cautious wait and see approach

Economics

64 h. ago IG Group bullish on annual outlook after tariff uncertainty boosts trading

The online trading firm said it saw higher-than-usual levels of client trading throughout April.

Politics

7 d. ago UK and eurozone construction declines slow; European markets fall ahead of Fed rate decision – business live

People’s Bank of China cuts interest rates due to global uncertainty and ‘trade tensions’Matthew Pointon, senior commercial real estate economist at Capital Economics, said:The commercial balance was at its lowest since the height of the Covid lockdowns in May 2020. Early signs of a recovery in construction activity in late 2024 have therefore been snuffed out. Elevated interest rates will be partly responsible, but uncertainty caused by the US tariff announcements may also be weighing on activity.Admittedly, UK property is relatively well insulated from the impact, and some sectors may even benefit. Construction costs may also ease if materials that had been destined for the US are rerouted to the UK. But the rise in overall economic uncertainty may cause some developers to delay plans until the outlook becomes clearer. Indeed, the new orders balance saw a small fall to 44.0, from 44.2 in March. Continue reading...

Society

1 week ago Xbox deals devastating price rise to MILLIONS amid tariff uncertainty

Microsoft has raised the price of its Xbox consoles worldwide, as firms continue to respond to rising global prices in the wake of US tariff plans.

Economics

1 week ago McDonald’s and General Motors say Trump’s tariff war is harming business

Fast-food company reports 3.6% fall in sales and carmaker says tariffs could cost it as much as $5bn in 2025McDonald’s and General Motors have warned that uncertainty around Donald Trump’s tariff policy is hurting business, hitting sales and knocking profits.The fast-food chain reported a 3.6% fall in sales in its US home market during the first quarter, driven mainly by lower customer numbers as consumers reined in their spending in the face of an unpredictable economic outlook. Continue reading...

Politics

1 week ago Microsoft raises Xbox prices globally amid tariff uncertainty

Sony also raised PlayStation 5 price and Nintendo delayed Switch 2 pre-orders as Trump tariffs throw electronics manufacturing into chaosMicrosoft announced on Thursday that it will increase Xbox console prices worldwide, citing “market conditions” just days after Sony made a similar move with its PlayStation 5.The tech giant also plans to raise prices for some new games developed by its video game subsidiaries. Continue reading...

Economics

1 week ago Lloyds sets aside £100m for tariff uncertainty as lender's profits plunge

The banking giant said: 'Initial non-UK tariffs announced in the first few days of April and the immediate market response were larger than expected.'

Economics

2 w. ago Meta to report quarterly earnings amid tariff uncertainty and AI investment

Wall Street is projecting the company will post $41.36bn in revenue on $5.21 in earnings per shareMeta is set to report its first quarter earnings on Wednesday after the bell, and investors will be looking for news on whether the company met its quarterly revenue goals of somewhere between $39.5bn and $41.8bn.Wall Street is projecting the company will post $41.36bn in revenue on $5.21 in earnings per share. Continue reading...

Economics

3 w. ago Drug firm bosses call for price increases in Europe amid tariff uncertainty

The boss of AstraZeneca said Europe should increase spending on health treatment in line with recent commitments on defence.

Economics

3 w. ago Tariff turmoil: How Tesla and other companies are dealing with the uncertainty of the trade war

Uncertainty over tariffs and an unpredictable trade war is weighing heavily on companies as they report their latest financial results and try to give investors financial forecasts

Economics

3 w. ago IMF forecasts three more Bank of England rate cuts this year

The International Monetary Fund has slashed its forecasts for the UK economy on the back of Donald Trump's trade tariff uncertainty warning the UK is likely to see an inflation spike

Politics

3 w. ago Netflix quarterly result beats Wall Street expectations despite Trump tariff’s pall

Streaming firm reported a $10.54bn revenue in first quarter, though analysts say consumers could reconsider spendingNetflix exceeded Wall Street expectations for quarterly results and offered a bullish revenue outlook on Thursday, signaling confidence amid the economic uncertainty surrounding Donald Trump’s erratic tariff plans.Netflix reported revenue of $10.54bn for the first quarter, edging past analysts’ estimates of $10.52bn, according to data compiled by the London Stock Exchange Group (LSEG). Shares of the company were roughly flat in after-hours trading at $970.10. Continue reading...

Politics

3 w. ago Trump approval rating knocked by poll showing Americans trust Democrats with economy more than Republicans: Live

Gold prices begin to slip after reaching a new record amid ongoing uncertainty over Donald Trump’s erratic tariff strategy

Politics

3 w. ago Trump approval rating knocked as poll shows Americans trust Democrats with economy more than Republicans: Live

Gold prices begin to slip after reaching a new record amid ongoing uncertainty over Donald Trump’s tariff strategy

Politics

4 w. ago ASML’s chipmaking machine orders disappoint amid tariff uncertainty

Shares in industry’s leading equipment supplier fall as it warns of ‘dynamic’ environment

Politics

4 w. ago Vermont maple syrup makers face uncertainty amid Canada and China tariff chaos

Making maple syrup in New England’s fickle spring weather can be an unpredictable business

Events

last month ‘Severe strain’ on tech supply chains will cause more price rises in electronics

Experts say the ongoing uncertainty around Donald Trump’s tariff policy is forcing firms to put prices up – as Sony announced PS5 price rises.

Science

last month PS5 price increase immediately hits the UK, Europe and beyond – and it's brutal for gamers

A new price hike has struck the PS5 on familiar shores, and it's going to make a significant difference in your consideration of buying the console.

Events