Global Trade and Business

The government has defended its negotiations with AstraZeneca, after the pharmaceutical giant ditched a planned £450m investment last week, blaming a shortfall in government funding. BBC reports Science minister Sir Chris Bryant told Parliament that the government had made a “significant offer” of support to the firm, but doing more “simply didn’t add up for […]

The net worth of the six richest people in the crowd at Donald Trump’s inauguration is roughly equal to a third of the value of the entire UK economy. Sky News described President Donald Trump has taken power of US from yesterday 20th January 2025. One of the things that made  Trump’s inauguration distinctive was […]

The government’s hiked windfall tax on energy producer profits was said to be part of the company’s decision to cease production beyond 2029. Sky News revealed on Friday. Donald Trump has said the UK is making “a very big mistake” in its fossil fuel policy – and should “get rid of windmills”. In a post […]

China will reduce import tariffs on ethane and certain recycled copper and aluminium raw materials from next year, the government said on Saturday. The Ministry of Finance announced adjustments to various import tariff categories, effective Jan. 1, aimed at increasing imports of high-quality products, expanding domestic demand and promoting high-level opening-up, it said in a […]

The US is planning to ban certain hardware and software made in China and Russia from cars, trucks and buses in the US due to security risks. BBC reports Officials said they were worried that the technology in question, used for autonomous driving and to connect cars to other networks, could allow enemies to “remotely […]