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Fall in operating profits also due to losses on electric car sales in US but drop is less than manufacturer estimatedBusiness live – latest updatesThe Japanese carmaker Honda has reported a 50% drop in quarterly profits as it counted the cost of Donald…
Fierce competition and threat of Trump tariffs lead to Danish company cutting costsSales of Novo Nordisk’s injectable diabetes drugs including Ozempic have slowed sharply amid fierce competition and the threat of US tariffs, prompting it to cut costs a…
British drinks firm, which is searching for new CEO, expands cost-cutting planThe world’s biggest spirits company, Diageo, has revealed a slump in annual profits and expanded its cost-cutting plan as it searches for a new boss after the resignation of …
Agreement is said to ‘dampen the mood’, with the US viewed as the winner at the expense of the eurozoneBusiness live – latest updatesInvestor confidence in the EU has fallen sharply after Donald Trump’s trade agreement with Brussels, amid mounting conc…
City predicts quarter-point drop to 4% when MPC meets on ThursdayBank of England policymakers are widely expected to cut interest rates this week to prevent the economy sliding backwards amid rising unemployment and the hit to global trade from Donald …
No pause on Russian imports by Indian oil firms who base decisions on ‘price, grade of crude, logistics and economic factors’Indian oil refineries will continue to buy oil from Russia, officials have said, before threatened US sanctions next week again…
This liveblog is now closed.Trump orders firing of labor statistics chief hours after data showed jobs growth slowedThe main US stock indices have fallen sharply at the start of trading, as investors react to the flurry of tariffs announced last night …
High levies affecting some of world’s poorest countries are to go into effect in seven days, while Mexico granted 90-day extensionLive: White House releases new rates on 92 countries Trump signs order increasing tariffs on Canadian goods from 25% to 35…
Trump says recognising Palestine statehood ‘rewards Hamas’ and US deal with Canada would now be ‘very hard’Business live – latest updatesDonald Trump has threatened Canada after it moved to recognise a Palestinian state, reacting to Mark Carney’s annou…
Under Trump order, parcels valued at or under $800 outside of international postal network to face ‘all applicable duties’The United States is suspending a “de minimis” exemption that allowed low-value commercial shipments to be shipped to the United S…