74 m. ago Pope Francis funeral LIVE: Pontiff's coffin sealed as world leaders gather for historic service

World leaders including US President Donald Trump, Ukraine's President Volodymyr Zelensky and UK Prime Minister Keir Starmer will be in attendance

Politics

3 h. ago The domestic pressures shaping India’s response to Kashmir attacks

Modi must weigh a response that balances domestic fury with strategic restraintIndia’s furious response to the terrorist massacre of 26 men in a popular travel destination is being shaped by public rage at the deadliest civilian attack in Kashmir in a quarter-century.The brutality of the assault in one of Muslim-majority Kashmir’s marquee tourist spots – and its national resonance – leaves Prime Minister Narendra Modi needing to signal strength, but without triggering uncontrolled escalation between nuclear-armed India and Pakistan, analysts say. Continue reading...

Events

4 h. ago Pope Francis funeral LIVE: Basilica closed to mourners as world leaders gather in Rome for historic service

World leaders including US President Donald Trump, Ukraine's President Volodymyr Zelensky and UK Prime Minister Keir Starmer will be in attendance

Politics

4 h. ago Empty store shelves are coming as companies cancel orders from China amid tariff concerns

Number of freight vessels scheduled to arrive at the Port of Los Angeles is on track to be down by 31 percent for the week ending May 10

Politics

6 h. ago Trump claims China's President Xi called HIM amid tariffs drama and makes odd comparison regarding their chat

President Donald Trump claimed that China's President Xi Jinping called him amid the countries' tariff drama - as China continued to dispute that trade talks are happening.

Politics

6 h. ago FBI arrests judge for alleged obstruction of immigration arrest operation, Patel says in deleted social post – live

Kash Patel has since deleted the post on X that had said a Wisconsin judge was arrested and accused of helping an immigrant ‘evade arrest’Apple is reportedly planning to switch assembly of all iPhones for the US market to India as the company seeks to reduce its reliance on a Chinese manufacturing base amid Donald Trump’s trade war.The $3tn (£2.3tn) technology company aims to make the shift as soon as next year, the Financial Times reported. Continue reading...

Events

6 h. ago Trade war fears trigger biggest slide in US consumer expectations since 1990 recession – business live

Rolling coverage of the latest economic and financial newsXi announces plan for Chinese economy to counter impact of US trade warEuropean stock markets are rising this morning, amid hopes that China is relaxing some of its tariffs.In London, the FTSE 100 index is up 12 points or 0.13%, at 8417 points. Engineering companies are among the top risers, with aerospare manufacturers Melrose up 3.6%, and Rolls-Royce up 2%, after Safran reported that tariffs on aircraft parts have been lifted.“We learned last night that China has taken the decision not to tax engines or landing gear or nacelles - in other words a certain number of aerospace equipment parts.”“It demonstrates that the situation is very fluid.” Continue reading...

Economics

8 h. ago Pope Francis funeral LIVE: World leaders and thousands of mourners gather in Rome for historic service

World leaders including US President Donald Trump, Ukraine's President Volodymyr Zelensky and UK Prime Minister Keir Starmer will be in attendance

Politics

9 h. ago Energy price cap set to fall in July as Trump tariffs bring unexpected effects

UK households could soon see a £166 drop in bills on average

Politics

9 h. ago All options ‘remain on the table’ for Ukraine – Downing Street

Downing Street has said that all options “remain on the table” when it comes to support for Ukraine in the event of a peace deal.A Number 10 spokesman said on Friday that “advanced coalition of the willing planning is developing at pace” and “all options remain on the table” when it comes to supporting Kyiv.The Times newspaper reported on Friday that the UK is likely to abandon plans to send troops to Ukraine as risks are considered to be too high, however Number 10 said that it does not recognise that report.A Number 10 spokesman said on Friday: “All options remain on the table and advanced coalition of the willing planning is developing at pace.”The spokesman also pointed to the Operation Interflex programme training Ukrainian troops as one of the ways the country is being supported.Asked whether troops being deployed would be dependent on the US offering a “backstop” to a peace deal, the spokesman said he would not give a running commentary on talks, but added: “As the Prime Mini...

Politics

10 h. ago ‘Very problematic’: US apparel bosses say Trump’s tariffs will hurt Americans

The president aims to boost US manufacturing, but insiders warn tariffs will increase costs and destroy businessesAcross the US, many executives leading apparel and textiles businesses are scratching their heads.Tariffs of 145% on goods from China, and tariffs of 10% on goods from much of the rest of the world, have been billed by the White House as a once-in-a-generation efffort to boost domestic manufacturing. Continue reading...

Politics

10 h. ago Rachel Reeves says EU trade 'reset' is MORE important than deal with US to dodge Trump's tariffs

Chancellor Rachel Reeves suggested the government could prioritise ties with Brussels ahead of sitting down with Treasury Secretary Scott Bessent.

Economics

11 h. ago Swiss leader says Trump administration foresees ‘privileged’ talks with 15 countries on US tariffs – US politics live

Karin Keller-Sutter, Swiss president, says Switzerland is among 15 countries with which US plans to hold negotiations to reach deals over tariffsThe Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal after sweeping US tariffs on dozens of countries that have shaken global markets, reports the Associated Press (AP).Karin Keller-Sutter, in an interview with broadcaster SRF published Friday, said she was “satisfied” with talks in Washington this week that included an International Monetary Fund conference and her one-on-one meeting with US treasury secretary Scott Bessent. Keller-Sutter also serves as Switzerland’s finance minister. “The United States has defined a group of 15 countries with which it wants to find a quick solution in this tariff question. Switzerland is part of this group of these 15 countries,” she told reporters separately late on Thursday in Washington, according to the ...

Politics

12 h. ago Swiss leader says Trump administration foresees 'privileged' talks with 15 countries on US tariffs

The Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal in the wake of sweeping U.S. tariffs on dozens of countries that have shaken global markets

Politics

12 h. ago Rachel Reeves will meet US counterpart TODAY as figures show a QUARTER of UK car exports go to America

Chancellor Rachel Reeves will sit down with Treasury Secretary Scott Bessent in Washington, where they have been both attending an IMF summit.

Politics

12 h. ago Boris Johnson warns Ukraine ‘gets nothing’ from Trump’s peace proposals

The former UK prime minister, who built the international coalition backing Ukraine, has demolished the US president’s peace proposals

Events

12 h. ago Xi announces plan for Chinese economy to counter impact of US trade war

Beijing will ‘strengthen bottom-line thinking’ as reports say it could drop tariffs on some US products Business live – latest updatesXi Jinping has announced a plan to counter China’s continuing economic problems and the impact of the US trade war, as reports swirl that it could drop tariffs on some US products, including semiconductors.Friday’s meeting of the politburo was convened to discuss China’s economic situation, which since the pandemic has faced difficulties fuelled by a housing sector crisis, youth unemployment, and Donald Trump’s tariffs on all Chinese exports. Continue reading...

Events

13 h. ago Massive blow to Trump as Japanese car giant moves manufacturing OUT of US in tariff twist

Subaru is reshuffling its supply chain in response to President Donald Trump's tariff upheavals.

Politics

14 h. ago China ‘may exempt some US goods’ from tariffs; British retail sales beat forecasts – business live

Rolling coverage of the latest economic and financial newsRachel Reeves used a brief speech to US investors at the British ambassador’s lavish residence in Washington last night, to acknowledge some of the downsides of globalisation, in a nod to Donald Trump’s stance.As she prepares to meet Treasury secretary Scott Bessent today, Reeves said China’s entry into the global trading system 25 years ago had created “huge benefits in terms of cheaper goods, more innovation and more opportunities to trade”.“They voted for change because they didn’t think that the economy worked well enough for them and their families. They saw the erosion of good jobs that paid a decent wage. They saw industries that once powered their towns disappear. And as elected politicians we have to respond to that”.“Some may say that under this very consequential president we have at the moment, this is a rollercoaster period and therefore a challenge to us all. But we would say that a rollercoaster is fine, as lon...

Economics

15 h. ago Trump administration tipped off Wall Street execs about possible India tariff deal: Fox report

The move raises new accusations of insider trading by the Trump administration and its cronies

Economics