Backlash and Bailout: Trump Policy Backlash Forces Ørsted into $9B Bailout Plan
A fierce backlash from the Trump administration against renewable energy has forced Danish wind giant Ørsted into a $9 billion bailout plan. The company's...
Chancellor Welcomes Rate Cut as Central Bank Warns of Inflationary Perfect Storm
Interest rates have been lowered for the fifth time this year by the monetary authority, with the latest 0.25% reduction bringing the benchmark to...
Tesla’s Board Awards Musk $29B, Acknowledging Concerns about His Focus
Tesla’s board of directors has approved a new $29 billion stock award for CEO Elon Musk, a move that comes after a US court...
Bank of England’s Response to a ‘Difficult Situation’ in UK Economy
In response to a "difficult situation" confronting the UK economy, the Bank of England is widely expected to cut interest rates this Thursday. A...
Luxury Retailer Plummets: Watches of Switzerland Shares Sink on New Tariff
The world of luxury goods is in turmoil, as Watches of Switzerland Group Plc's shares fell by up to 6% following the announcement of...
Trump and EU Strike Major Trade Deal, Averting Tariff War
The United States and the European Union have finalized a major trade agreement after months of tense negotiations, avoiding the threat of a damaging...