6 h. ago Trump Revolution: 100 Days That Changed the World has no answer to Trump’s chaos

With fresh outrages issuing from the White House on an almost hourly basis, this Channel 4 documentary struggles to find its bearings – and that may be exactly as the president’s strategists intended it

Politics

6 h. 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

8 h. 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

9 h. ago Rachel Reeves to say world leaders should 'reduce barriers to trade' ahead of meeting with US counterpart over Donald Trump's tariffs and a UK deal

The Chancellor will tell the International Monetary Fund 's spring meeting in Washington that the 'new era of global trade' requires a new system that 'provides security for working people'.

Politics

10 h. ago Reeves moves to appease Trump with new vision for global trade

As the UK scrambles to get a US trade deal, Rachel Reeves has made a speech calling for a new global trade system aimed at dealing with concerns raised by Donald Trump

Politics

10 h. ago Trump to meet with top Atlantic editor who was accidentally added to Hegseth Signal group chat – live

President says he will meet with Jeffrey Goldberg and two Atlantic reporters to ‘see if it’s possible for The Atlantic to be ‘truthful’’South Africa’s President Cyril Ramaphosa has said he talked about the war in Ukraine and the need to foster good bilateral relations with the US in his phone call with Donald Trump.“We both agreed that the war should be brought to an end as soon as possible to stop further unnecessary deaths... to meet soon to address various matters regarding US-South Africa relations,” Ramaphosa wrote in a post on X. Continue reading...

Politics

13 h. ago China calls reports of ongoing US tariff talks ‘baseless’ while Trump claims administration ‘actively’ seeking deal – live

Spokesperson for China’s ministry of commerce says any claims of progress in China-US negotiations are ‘without factual evidence’South Africa’s President Cyril Ramaphosa has said he talked about the war in Ukraine and the need to foster good bilateral relations with the US in his phone call with Donald Trump.“We both agreed that the war should be brought to an end as soon as possible to stop further unnecessary deaths... to meet soon to address various matters regarding US-South Africa relations,” Ramaphosa wrote in a post on X. Continue reading...

Economics

14 h. ago IMF warns that trade tensions could test stability of world economy; Reeves ‘confident’ about US trade deal – business live

Rolling coverage of the latest economic and financial newsDonald Trump’s tariffs will make it harder for Sir Jim Ratcliffe’s car division, Ineos Automotive, to reach its first profit.Ineos Automotive’s CEO, Lynn Calder, told Bloomberg that the US president’s 25% tariff on foreign cars will make it harder to hit the earnings target.“For sure, this last week has put a dent in that and, for sure, delayed it,”“We’re stubborn as mules. We’re not easy to knock down.”“With fieldwork completed just days after Donald Trump’s “Liberation Day” tariffs, it is unsurprising that consumer expectations for the economy plummeted to a record low. The original tariff schedule, since reduced for most countries, was expected to reduce growth in the UK and elsewhere. Yet despite this economic pessimism, expectations of retail spending rose slightly as the prospect of Easter shopping drew closer.The state of the economy dropped significantly to -48 in April, down from -35 in March.Their personal financial...

Events

19 h. ago US trade war fears drive UK consumer confidence down to record low; Tesla’s European sales fall again – business live

Rolling coverage of the latest economic and financial newsDonald Trump’s tariffs will make it harder for Sir Jim Ratcliffe’s car division, Ineos Automotive, to reach its first profit.Ineos Automotive’s CEO, Lynn Calder, told Bloomberg that the US president’s 25% tariff on foreign cars will make it harder to hit the earnings target.“For sure, this last week has put a dent in that and, for sure, delayed it,”“We’re stubborn as mules. We’re not easy to knock down.”“With fieldwork completed just days after Donald Trump’s “Liberation Day” tariffs, it is unsurprising that consumer expectations for the economy plummeted to a record low. The original tariff schedule, since reduced for most countries, was expected to reduce growth in the UK and elsewhere. Yet despite this economic pessimism, expectations of retail spending rose slightly as the prospect of Easter shopping drew closer.The state of the economy dropped significantly to -48 in April, down from -35 in March.Their personal financial...

Economics

23 h. ago Corporate America puts Wall Street on alert over damage from trade war

Executives use earnings calls to lay out costs and supply chain impacts from Donald Trump’s tariffs

Events

32 h. ago UK must take impact of trade wars ‘very seriously’, says Bank governor

Andrew Bailey said the central bank is currently ‘working through’ the implications of US President Donald Trump’s tariff plans.

Events

34 h. ago Reeves moves to block cheap imports undercutting British high street

The Chancellor announced the move amid the fallout from Donald Trump’s tariffs.

Politics

34 h. ago UK open to lowering tariffs on US goods to secure Donald Trump trade deal

Chancellor Rachel Reeves said Donald Trump is 'keen' to forge an agreement with the UK, which could ease the impact of his sweeping trade tariffs on British businesses

Economics

34 h. ago Xi contrasts China’s clean energy promises with Trump turmoil

Virtual meeting of leaders also hears UN’s António Guterres proclaim ‘no group or government’ can stop green revolutionChina will continue to push forward on the climate crisis, Xi Jinping has said while appearing to criticise the “protectionism” of Donald Trump’s tariff policies.The Chinese president was attending a closed-door virtual meeting with the UN secretary general, António Guterres, Brazil’s president, Luiz Inácio Lula da Silva, the European Commission president, Ursula von der Leyen, and about a dozen other heads of state and government to discuss the climate crisis. Continue reading...

Politics

35 h. ago Stock markets rise as Trump backtracks on high China tariffs and firing Fed chair

Weeks of tough talk from the US president, who now says he will be ‘very nice’ to China, had rattled investors Stock markets have risen around the world after Donald Trump said his tariffs on China would come down “substantially” and he had “no intention” of firing the chair of the US central bank, Jay Powell.Weeks of tough talk on trade from White House officials have rattled investors and Trump now appears to be softening his tone. The president told reporters in Washington on Tuesday he planned to be “very nice” to China in trade talks and that tariffs could drop in both countries if they could reach a deal, adding: “It will come down substantially, but it won’t be zero.” Continue reading...

Politics

39 h. ago Fears grow that Signal leaks make Pete Hegseth top espionage target

Experts say Pentagon chief has endangered secrets of US defense department and given assistance to foreign spiesAs more develops about the US defense secretary, Pete Hegseth, and his repeated disclosures of sensitive military intelligence in unsecured Signal group chats, there are growing concerns his behavior has weakened the Pentagon in the eyes of its foreign adversaries and made him and his entourage a top espionage target.Allies, already concerned by Donald Trump’s aggressive tariffs, have also begun to see the US as an intelligence-sharing liability. There are fears that the mounting firings and leak inquiries in Hegseth’s orbit, along with his inability to manage these internal crises, exposes the entire global US war footing – especially, if a geopolitical and external crisis comes across his desk. Continue reading...

Events

40 h. ago Trump live updates: Just 37% of Americans approve of president’s handling of economy, poll shows

The majority of Americans now fear a recession, even as Donald Trump conceded ultra-high tariffs on China would fall but warned they would not hit zero

Politics

41 h. ago JD Vance poses in front of the Taj Mahal with wife Usha and their three children after red carpet tour of India is rocked by tourist massacre

Vance has been trying to shore up relations with India after Donald Trump criticised India's tariffs on cars, farm goods and other products.

Society

41 h. ago New tax rises warning as UK borrowing jumps in UK hit by Donald Trump tariff wars

Public sector net borrowing rose to £151.9 billion in the year to the end of March - equal to £95,300 per household

Events

43 h. ago New tax rises warning as borrowing jumps in UK hit by Donald Trump tariff wars

Public sector net borrowing rose to £151.9 billion in the year to the end of March, says the ONS

Events