Economy

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US President Donald Trump has reaffirmed plans to impose 25% border taxes on imports from Canada and Mexico, effective 1 February, but left open whether the measures will extend to oil shipments. He said the decision, aimed at curbing undocumented

Innovate UK has temporarily halted its Smart Grants programme—worth £25 million a year—to overhaul how it supports small and medium-sized enterprises (SMEs).The pause aims to address oversubscription issues, with success rates reportedly falling below 10 per cent for applicants, and

Premium mixer maker Fevertree has secured a deal with US beverage giant Molson Coors that will see the latter take an 8.5 per cent stake in the British-based company for £71 million, or 654.2p per share.The move, underpinned by an

Homebase collapsed into administration in November, revealing it owed more than £650 million to unsecured creditors including AO World, Halfords, and The Hut, according to documents newly filed at Companies House.Teneo, the appointed administrator, disclosed that unsecured non-preferential creditor claims

OpenAI, the maker of ChatGPT, is in discussions to raise close to $40 billion in fresh funding—almost doubling its valuation to as high as $340 billion, according to reports.The San Francisco-based company was last valued at $157 billion in October,

For a while now, the steady increase in the price of coffee has been subject to worldwide discussions—and yet the tail end of November brought an unprecedented price surge with it.It was during this period that the price of green

Nicole Kidman spoke with Paycom, a leading provider of cloud-based human capital management software, in an exclusive webinar about how automated technology helps save time and resources, her leadership approach and how she supports and inspires women in the workplace. Paycom