Precious metals trading brought relief Monday as gold and silver recovered from steep losses that had rattled financial centers worldwide. Gold advanced from an 8% drop to $4,465 per ounce, …
Business
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Business
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Liverpool has been selected as the location for Chinese carmaker Chery’s European research and development headquarters, bringing all European commercial vehicle operations to Merseyside. The state-owned manufacturer will house research, …
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Business
EasyJet Boss Declares EU Cabin Luggage Plan Shows Politicians “Don’t Understand” Aviation
by admin477351EasyJet’s chief executive has issued a blunt assessment of European Union baggage proposals, suggesting that legislators lack the fundamental industry knowledge necessary to craft effective regulations. The proposed legislation represents …
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Trump Threatens South Korea with 25% Tariff Surge Over Stalled Trade Implementation
by admin477351President Trump has threatened to impose 25% tariffs on South Korean imports including automobiles, pharmaceuticals, and lumber, claiming Seoul has failed to properly implement a trade agreement from 2024. The …
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The idea of repatriating gold reserves from the United States is gaining attention in German economic circles. Concerns focus on long-term security and access. Germany’s gold reserves are among the …
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Brussels has formally suspended the ratification of its trade agreement with the United States following President Trump’s linkage of tariff threats with his Greenland ambitions. European lawmakers have described this …
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Business
Gold Hits $4,689 and Silver Surges to $94 as Automotive Stocks Collapse on Trump’s Tariff Announcement
by admin477351Monday’s financial markets delivered dramatic results as precious metals achieved unprecedented price levels while European automotive stocks experienced severe declines. Gold reached a record $4,689 per ounce during trading before …
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Financial markets are digesting the potential impact of Donald Trump’s latest policy bombshell: a 10% cap on credit card interest rates. The announcement, made Friday night on Truth Social, sets …
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Petróleos de Venezuela SA finds itself negotiating arrangements fundamentally altering its operational independence with Venezuela supplying oil to the US indefinitely while attempting to maintain appearances of sovereignty. The state …
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President Trump’s proclamation that US oil companies are ready to invest billions in Venezuela has produced remarkably little public enthusiasm from the energy industry. Despite Trump’s confident descriptions of corporate …