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US president’s plan could prove to be an economic shock to both blocs, German thinktank saysBusiness live – latest updatesDonald Trump’s threatened 25% tariffs on EU imports could trigger “economic turmoil”, sharply push down growth and send inflation …
European reconstruction bank will help rebuild country if peace is agreed but a lasting end to conflict is neededThe war-torn Ukrainian economy could expand by 5% next year if a ceasefire is agreed, the European Bank for Reconstruction and Development …
End of ‘de minimis’ policy for Chinese goods also expected to hit bigger fashion retailers such as Asos and BoohooMany UK-based independent sellers on marketplaces such as eBay and Amazon could suffer a significant hit to US sales from planned changes …
Beijing must be more ready to support countries facing distress, says deputy chief economistChina holds the key to speeding up debt relief and ending the “silent crisis” that is holding back attempts to tackle poverty in the world’s poorest countries, …
Houthi attacks are starting to reshape shipping flows © Amr Abdallah Dalsh/Reuters
Freight Waves: Houthi attacks are starting to reshape shipping flows U.S. and U.K. airstrikes on Houthi positions in Yemen have not made the Red Sea any safe…
Fear adds to Russia-Ukraine conflict risk and increases ‘probability of European and of US recession’A global recession could be triggered by the conflict in the Middle East as the humanitarian crisis compounds the challenges facing an already precario…
Danish firm has axed 6,500 of those roles already as global economic slowdown takes tollOne of the world’s largest shipping companies, Møller-Maersk, is slashing 10,000 jobs because of a drop in demand triggered by the global economic slowdown.The Dani…
Western companies that sell their Russian assets restricted from taking proceeds in dollars and eurosRussia has reportedly imposed additional currency controls in an attempt to prop up the falling rouble, restricting western companies that sell their R…
Exclusive: Poll shows young people willing to make big lifestyle changes but baulk at smaller gesturesThey are willing to have smaller families, stop using cars and – albeit in smaller numbers – go vegan for the planet, but abandoning single-use plasti…
Tax audits and land use inquiries follow company founder announcing run for Taiwan presidencyBusiness live – latest updatesChina’s tax authorities have launched multiple investigations into the company that makes the iPhone, months after its billionair…