General Motors has reported a sharp fall in profits after taking a $1.1 billion hit from new import tariffs introduced under President Trump’s escalating trade war. The US carmaker said its second-quarter core profit dropped by 32 per cent to $3 billion, and warned that the financial impact would worsen in the third quarter. The Detroit-based company, which remains America’s ...
Andrew Bailey, the governor of the Bank of England, has warned Chancellor Rachel Reeves that her government’s plans to roll back banking regulations could destabilise the UK’s financial system and risk triggering a future financial crisis. Appearing before the Treasury select committee on Tuesday, Bailey said it would not be “a sensible” time to unwind safeguards such as bank ringfencing, ...
AstraZeneca has announced plans to invest $50 billion in the United States by the end of the decade, responding to mounting pressure from the Trump administration for global pharmaceutical firms to shift manufacturing and research operations to American soil. The FTSE 100 company said the investment will help it reach its target of $80 billion in annual sales by 2030, ...
In areas where video surveillance is installed, fewer crimes are committed. This is due both to the engineering task of properly placing cameras and to the psychological and behavioral patterns of offenders. It is no secret that a well-designed camera layout helps to: Detect violations, Recognize faces and vehicle license plates, Monitor events in real time, Provide evidence of guilt. ...
Choosing the right rechargeable pod-style vape kit deserves attention. These factors influence your vaping and satisfaction. When you know what to look for, you’ll pick a kit that meets your vaping needs. There are factors to consider whether you want to stop smoking or change to something safer. The right kit will enhance your experience. This article outlines the key ...
Choosing the right trading account is one of the most important decisions a trader can make, whether you’re just starting out or looking to upgrade your strategy. The features, benefits, and support attached to an account can directly impact your trading experience and potential outcomes. With today’s wide range of options, it’s crucial to match your account type to your ...
Motor racing has emerged as a dominant force in the sports sponsorship strategy of automotive brands across the Americas in 2025, accounting for 160 deals and approximately $380.6 million in annual value, according to a new report from GlobalData. The analysis, published in GlobalData’s “Sponsorship Sector Report – Automotive – Americas 2025”, highlights that motor racing represents nearly 20% of ...
The London Stock Exchange Group (LSEG) is exploring plans to extend or potentially introduce 24-hour trading, as part of efforts to revitalise the UK market and compete more effectively with global exchanges, according to a report in the Financial Times. Currently, trading hours for London-listed stocks are from 8am to 4.30pm, but LSEG is now reviewing options that include round-the-clock ...
The long-running legal saga between Hewlett Packard Enterprise (HPE) and the estate of British tech entrepreneur Mike Lynch has reached its dramatic conclusion, with a High Court judge ordering £730 million in damages—a figure that could rise substantially once interest is added later this year. The ruling, delivered by Mr Justice Hildyard, stems from the 2011 acquisition of Lynch’s business ...
Stellantis, the automotive giant behind Vauxhall, Fiat, Jeep and Peugeot, has warned it expects a €2.3 billion loss for the first half of 2025, blaming a mix of Donald Trump’s newly imposed global trade tariffs, declining vehicle demand in Europe, and the cancellation of its hydrogen fuel programme. The loss represents a sharp reversal of fortunes for the Franco-Italian-American group, ...