12 h. ago China hits back hard at ‘bullying’ Trump tariffs as global recession fears grow

Beijing imposes punitive 34% extra tariffs on all goods imported from US, exacerbating stock market sell-offBusiness live – latest updatesUS politics live – latest updatesChina has hit back hard against Donald Trump’s “bullying” tariffs, raising fears that the escalating trade war could trigger a global recession and prompting fresh turmoil in financial markets.Beijing retaliated on Friday with punitive 34% additional tariffs on all goods imported from the US – mirroring the US decision and exacerbating a sell-off on global stock markets. Continue reading...

Politics

18 h. ago 'There will be blood': Trump's trade war 'means 60% chance of global recession' as China hits back at the US and shares keep plunging

The FTSE 100 fell another 140 points this morning after the US president's extraordinary assault on allies and foes alike wiped £2trillion off company values internationally.

Events

20 h. ago 'There will be blood': Trump's trade war 'means 60% chance of global recession' as shares keep plunging

The FTSE 100 fell another 140 points this morning after the US president's extraordinary assault on allies and foes alike wiped £2trillion off company values internationally.

Events

21 h. ago Global shares keep plunging after US stocks' worst day since Covid: Body blow for Starmer as Trump says UK should be 'happy' with 10% tariffs and aides 'pour cold water on hopes of deal'

The FTSE 100 fell another 60 points this morning after the US president's trade war  sparked a global rout - wiping £2trillion off company values.

Economics

57 h. ago Newsmax shares plunge nearly 80 percent after wild ‘meme stock’ ride briefly valued it higher than Fox

A day after the MAGA channel’s stock price surged to $233, Newsmax shares plummeted 77.5 percent to $52.

Politics

8 d. ago Trump’s car tariffs pile pressure on Reeves’ new economic plan

Office for Budget Responsibility warns a global trade war risks eliminating UK chancellor’s fiscal headroom

Economics

1 week ago Tesla sales plunge 42% in Europe and market share continues to shrink amid fallout over Elon Musk's support for hard

Tesla's market share in Europe continued to shrink year-on-year in February, as sales dropped for a second consecutive month despite rising overall EV registrations on the continent.

Economics

2 w. ago X finally valued at $44 billion, the exact sum Elon Musk paid for the social media site in 2022

Just last fall, an investment firm estimated that its shares in the site had plunged nearly 80 percent in value —placing the price tag on the social media platform at less than $10 billion

Economics

2 w. ago X now valued at $44 billion, the exact sum Elon Musk paid for the social media site in 2022

Just last fall, an investment firm estimated that its shares in the site had plunged nearly 80 percent in value —placing the price tag on the social media platform at less than $10 billion

Economics

2 w. ago Short sellers make $16bn profit from Tesla’s share price plunge

Payday follows years of pain for hedge funds that bet against Elon Musk’s electric carmaker

Economics

3 w. ago Trainline reports record sales but shares plunge on Great British Rail worries

Investors sold shares amid concerns a national ticketing app could hurt the firm’s current dominant position in the market.

Politics