10 h. ago Rising costs push John Lewis Partnership into deeper loss; London tube strike enters fourth day – business live

Rising costs push John Lewis Partnership into deeper loss; London tube strike enters fourth day – business live  The Guardian

Economics

10 h. ago German exports threatened by trade war tariffs and weak demand; London tube strike enters fourth day – business live

German exports threatened by trade war tariffs and weak demand; London tube strike enters fourth day – business live  The Guardian

Events

54 h. ago London commuters turn to bikes and boats as Tube strike enters second day

London commuters turn to bikes and boats as Tube strike enters second day  Reuters

Events

55 h. ago London Tube strike enters third day with more disruption reported

London Tube strike enters third day with more disruption reported  BBC

Events

57 h. ago Anglo American agrees mining mega merger; Londoners face commuting struggles as tube strike enters second day – business live

Deal will create $53bn mining giant but raises fears of job cuts as headquarters moves to VancouverIn the markets, the FTSE 100 index has edged 0.2% higher while Germany’s Dax gained 0.15% and Italy’s FTSE MiB rose by 0.5%.France’s CAC climbed by 0.7%, despite political turmoil in the country. French president Emmanuel Macron is seeking his fifth prime minister in less than two years, after centre-right PM François Bayrou was ousted in a confidence vote on Monday, as expected. This toppled his minority government.A quiet Monday masks a big week ahead for US markets, with the Nasdaq hitting an all-time high as tech and retail led a modest rebound. The S&P 500 added 0.5%, while the Russell 2000 lagged after its recent run. Treasury yields continued their descent, with the 10-year near 4%, its lowest in five months, and the 2-year hovering around 3.5%, levels last seen in 2022.Markets are fully priced for a 25bps cut [from the Fed] this month, and expect more to come. With PPI, CPI...

Events

3 d. ago Commuters face severe disruption as London Tube strike enters second full day

Commuters face severe disruption as London Tube strike enters second full day  BBC

Events

1 week ago Fourth day without water for Scots homes and businesses hit by pipe fault

Residents were warned not to drink tap water after a pipe fault at Rawburn treatment works, with bottled water hubs set up across the region.

Events

3 w. ago Trump’s promise of a US manufacturing renaissance leaves experts scratching their heads

Economists doubt US duties will bring about a resurgence of US factory jobs, notably due to Trump’s erratic tariff rolloutDonald Trump’s hugely disruptive trade war is setting the stage for a manufacturing renaissance in the US, administration officials say. Outside the White House, many economists are skeptical.Global trade experts point to many reasons they believe the president’s tariffs will fail to bring about a major resurgence of manufacturing, among them: Trump’s erratic, constantly changing policies, his unfocused, across-the-board tariffs, and his replacing Joe Biden’s carrot-and-sticks approach to brandish sticks at the world. Continue reading...

Politics

3 w. ago Trump is promising a US manufacturing renaissance. Many experts are dubious

Economists doubt US duties will bring about a resurgence of US factory jobs, notably due to Trump’s erratic tariff rolloutDonald Trump’s hugely disruptive trade war is setting the stage for a manufacturing renaissance in the US, administration officials say. Outside the White House, many economists are skeptical.Global trade experts point to many reasons they believe the president’s tariffs will fail to bring about a major resurgence of manufacturing, among them: Trump’s erratic, constantly changing policies, his unfocused, across-the-board tariffs, and his replacing Joe Biden’s carrot-and-stick approach to brandish sticks at the world. Continue reading...

Politics

last month Trump delays China tariffs at the last minute and announces 90 day truce

President Donald Trump has once again delayed a showdown between the world’s two biggest economies

Politics