US-China trade talks and Washington’s decade-long effort to block China’s tech surge
For over a decade, the United States has used export controls to stymie China’s progress in acquiring and developing cutting-edge technologies—especially those with military applications such as advanced semiconductors and artificial intelligence. This long-standing strategy has become a central feature
Europe markets open: Stoxx 600 dips as UK exports nosedive & Trump’s tariff claims sow chaos
European stock markets took a sharp dive at the open on Thursday, with a palpable sense of unease spreading across trading floors. The pan-European Stoxx 600 index fell 0.42% shortly after trading began, as a stark drop in UK exports
UK GDP falls by 0.3% in April as services slump and US tariffs bite
The UK economy shrank by 0.3% in April, a sharper-than-expected decline that has raised fresh concerns about the fragility of the recovery and the growing pressure on both households and businesses. Figures released by the Office for National Statistics (ONS) on
Gordon Brothers buys Poundland; pledges £80 mn for turnaround after Pepco’s UK exit
Poundland is poised for a sweeping restructuring after investment firm Gordon Brothers acquired the struggling British discount retailer from parent company Pepco Group. The deal, announced on Thursday, includes up to £80 million ($108.5 million) in financial support to stabilise
Air India plane crash: London-bound flight with 242 onboard crashes after take-off
An Air India flight bound for London Gatwick crashed shortly after take-off from Ahmedabad on Thursday afternoon. The Boeing 787-8 Dreamliner, operating as flight AI171, had 242 people onboard, including 2 pilots and 10 cabin crew members. According to the Directorate General
Air India plane crash live update: Indian President expresses condolences
An Air India Boeing Dreamliner en route to London crashed shortly after takeoff from Ahmedabad airport on Thursday, in what could become one of India’s deadliest aviation disasters in nearly 30 years. The aircraft, carrying 242 people, went down just minutes
Copper remains supported for now even as China optimism fades
Since the start of the year, copper prices have been volatile, primarily due to tariff risks and China’s uncertain economic recovery. According to the ING Group, the optimism over copper demand in China has been fading. Copper prices have risen by approximately