Business

The Bank of England has maintained interest rates at 3.75%, with the monetary policy committee’s diverse composition contributing to robust decision-making. Different backgrounds and perspectives improve policy quality. The monetary …

Precious metals trading showed resilience Monday as gold and silver recovered from severe losses that had rattled financial centers worldwide. Gold advanced from an 8% plunge to $4,465 per ounce, …

Chinese automotive giant Chery is establishing its European research and development headquarters in Liverpool, positioning Merseyside as the hub for its European commercial vehicle operations. The state-owned manufacturer will consolidate …

The chief executive of EasyJet has characterized European Union baggage proposals as dismissing accumulated industry knowledge and operational expertise. Proposed legislation would mandate free cabin baggage across European aviation. European …

President Trump has admonished South Korea with a comprehensive and detailed plan to impose sweeping 25% tariffs on major exports across virtually all product categories, citing what he characterizes as …

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 characterized this …

Markets are bracing for a new trade war after the US threatened tariffs on European allies over the Greenland issue. While investors have often relied on the hope that such …

The clock is ticking for Wall Street as Donald Trump has set a hard deadline of January 20 for banks to submit to a 10% interest rate cap. In a …

Venezuela’s collapsed banking system requires fundamental reconstruction enabling economic activity beyond petroleum sector served by Venezuela supplying oil to the US indefinitely. Financial intermediation, payment systems, and credit markets need …