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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…
Investing

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…
Investing

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…
Investing

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…
Investing

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…
Latest News

House advances Trump’s $9.4B spending cuts package targeting NPR, PBS, USAID to House-wide vote

President Donald Trump’s $9.4 billion spending cuts package survived a key hurdle on Wednesday afternoon, setting the measure up for a final…
Latest News

Democrat Congresswoman draws boos over ‘shameful’ sexism remark in committee hearing with Treasury Secretary

A House Ways and Means Committee hearing took an unexpected turn Wednesday when Rep. Linda Sanchez (D-CA) accused Treasury Secretary Scott Bessent…
Latest News

Trump says he is open to extending trade deal deadline for other countries: ‘I would’

President Donald Trump said Wednesday he was willing to extend the deadline for countries to reach a trade deal with the United…
Latest News

People in Gaza are thanking Trump for aid, leader of US-backed group says

The Gaza Humanitarian Foundation’s (GHF) new chairman is ignoring critics and keeping his focus on what he calls the group’s ‘singular mission’…
Latest News

Taiwan ramps up coast guard and military readiness in face of Beijing’s ‘gray zone’ warfare

KAOHSIUNG, Taiwan – Taiwan’s coast guard and affiliated military units put on a show of strength during an ‘Ocean Day’ drill last…
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