73 m. 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

4 h. ago Reeves to have ‘conversations’ with US next week as work for deal continues

The UK is hoping a deal can help stave off the full brunt of US President Donald Trump’s sweeping 10% tariffs on all goods imported to the US.

Economics

7 h. ago Global economic growth will slow amid Trump tariffs, IMF warns – as it happened

Live, rolling coverage of business, economics and financial markets as ECB reduces main interest rate from 2.5% to 2.25%, the seventh cut in a yearTrump attacks Fed chair Jerome Powell for not lowering interest ratesECB cuts rates for third time this year as Europe braces for Trump tariffsDonald Trump is awake. And he has strongly criticised monetary policy by the Federal Reserve, saying the end of Jerome Powell’s tenure as chair “cannot come fast enough”.In a post on Truth Social, the social network he owns, Trump said that Powell had been too slow to cut interest rates – contrasting its hesistance because of perceived inflationary pressures with the European Central Bank (ECB).The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. ...

Events

7 h. ago Global economic growth will slow amid Trump tariffs, IMF warns – business live

Live, rolling coverage of business, economics and financial markets as ECB reduces main interest rate from 2.5% to 2.25%, the seventh cut in a yearTrump attacks Fed chair Jerome Powell for not lowering interest ratesECB cuts rates for third time this year as Europe braces for Trump tariffsDonald Trump is awake. And he has strongly criticised monetary policy by the Federal Reserve, saying the end of Jerome Powell’s tenure as chair “cannot come fast enough”.In a post on Truth Social, the social network he owns, Trump said that Powell had been too slow to cut interest rates – contrasting its hesistance because of perceived inflationary pressures with the European Central Bank (ECB).The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. ...

Economics

8 h. ago IMF chief cuts growth forecast over ‘off the charts’ trade uncertainty

Kristalina Georgieva warns that Donald Trump’s tariff ‘reboot’ threatens to raise prices and play havoc with markets

Politics

8 h. ago European Central Bank cuts interest rates for the seventh time as global trade tensions escalate

The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught

Events

9 h. ago Donald Trump criticises Federal Reserve chair as European Central Bank cuts interest rates – business live

Live, rolling coverage of business, economics and financial markets as ECB reduces main interest rate from 2.5% to 2.25%, the seventh cut in a yearDonald Trump is awake. And he has strongly criticised monetary policy by the Federal Reserve, saying the end of Jerome Powell’s tenure as chair “cannot come fast enough”.In a post on Truth Social, the social network he owns, Trump said that Powell had been too slow to cut interest rates – contrasting its hesistance because of perceived inflationary pressures with the European Central Bank (ECB).The ECB is expected to cut interest rates for the 7th time, and yet, “Too Late” Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!” Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come f...

Politics

9 h. ago ECB cuts rates for third time this year as Europe braces for Trump tariffs

Quarter-point cut in main rate to 2.25% aims to tackle slowing eurozone growth and impact of US border taxesBusiness live – latest updatesThe cost of borrowing has fallen across the 20-member euro area for the third time this year after the European Central Bank cut its main interest rate to 2.25% in response to slowing growth and Donald Trump’s tariffs.The Frankfurt-based bank cut its benchmark deposit rate by a quarter of a percentage point on Thursday, in line with City economist expectations, to tackle a slowdown in the bloc and the impact from the border taxes imposed earlier this month on all EU imports into the US. Continue reading...

Politics

10 h. 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

10 h. 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

11 h. ago AP PHOTOS: Trump's tariffs could be tough to crack for a German nutcracker maker focused on the US

U.S. President Donald Trump’s tariffs threaten to become a tough nut to crack in an unlikely place — a small Germany company producing painstakingly hand-crafted nutcrackers that are snapped up by American collectors.

Politics

13 h. ago Nvidia boss visits China days after Donald Trump limits AI chip exports – business live

Live, rolling coverage of business, economics and financial markets as Chinese state media publishes photo of Jensen Huang visiting BeijingNvidia boss Jensen Huang has travelled to China for talks despite limits on the chip company’s sales imposed by the White House under Donald Trump.The visit of Huang, chief executive of one of the US’s most valuable companies, will be closely followed amid the vicious trade war between the US and China.The SFO remains committed to stamping out international bribery wherever it may occur.British companies have a duty to prevent the harm caused by bribery when doing business at home and abroad, to ensure that the UK remains a safe and fair place to do business. Continue reading...

Politics

13 h. ago Temu and Shein warn of US price hikes from next week due to Trump tariffs

Shein says ‘operating expenses have gone up’ as both Chinese retailers also drop ad spending in USTwo of China’s largest fast fashion retailers, Temu and Shein, have warned US customers that they will face price hikes from next week, as Donald Trump’s hefty tariffs on Chinese imports come into force.Both companies will be hit by new import levies, which will mean taxes of up to 145% being applied to Chinese goods. They will also suffer from Trump’s cancellation of so-called “de minimus” exemption, under which shipments worth less than $800 (£600) could be imported duty-free. Continue reading...

Events

15 h. ago EU youth mobility scheme could save Britain from harm of Trump tariffs, Sadiq Khan says

‘If others want to rush to put up trade barriers, London will always be in favour of tearing them down’, the London Mayor wrote in The Independent

Politics

28 h. ago UK officials label trade documents ‘secret’ to shield from US eyes amid Trump tariff war

Exclusive: civil servants beef up security rules for sensitive negotiating papers over fears posed by hostile US trade policyUK officials are tightening security when handling sensitive trade documents to prevent them from falling into US hands amid Donald Trump’s tariff war, the Guardian can reveal.In an indication of the strains on the “special relationship”, British civil servants have changed document-handling guidance, adding higher classifications to some trade negotiation documents in order to better shield them from American eyes, sources told the Guardian. Continue reading...

Politics

28 h. ago 'A society where you're not free to withdraw your labour is not a free society': Broadcaster PETER HITCHENS defends Birmingham bin strikes in podcast clash with SARAH VINE

Mail columnist Sarah Vine clapped back, arguing that the Labour government is at fault for the unnecessary strike that only functions to hurt people uninvolved in the dispute.

Events

29 h. ago Why your pension could be dealt a body blow as Trump eyes tariffs for Britain's top drug firms

If the tariff-loving Trump goes ahead with his plans, it will hit AstraZeneca - the most valuable company on the UK stock market - and also rival GSK, another stalwart of the FTSE 100.

Economics

29 h. ago John Swinney meets trade union leaders to discuss Donald Trump's tariffs carnage

The First Minister met business leaders the Scottish Trades Union Congress (STUC) to discuss how to deal with the damage the US President is causing to the global economy.

Politics

31 h. ago The cost of gaming is soaring – but for many fans, a game is ‘worth’ more than its price tag

As tariffs raise the price of consoles, is it time for gamers to reevaluate our relationship with new releases?Now is not a good time to buy a new games console.The shock waves from Donald Trump’s will-he-won’t-he approach to trade tariffs were always going to hit video games, an industry that relies on incredibly complex global supply chains. On Monday, Nikkei Asia reported on analysis from a major electronics supplier suggesting that the Nintendo Switch 2 will be subject to Trump’s 145% tariff on goods imported to the US from China, despite his apparent decision to exempt smartphones and computers. Continue reading...

Sport

32 h. ago Trump's tariffs could be tough to crack for a German nutcracker maker focused on the US

U.S. President Donald Trump’s tariffs threaten to become a tough nut to crack in an unlikely place — a small company whose factory nestled deep in the hills of eastern Germany produces painstakingly hand-crafted nutcrackers that are snapped up by American collectors

Politics