-2.1 C
Iceland

Business

TikTok’s Billion-Dollar Government Toll: What the $10B Fee Reveals About Modern Power

The $10 billion fee attached to TikTok's ownership transition...

Nasdaq Fast-Track Rule Could Pave the Way for SpaceX IPO

The Nasdaq is reportedly developing a "Fast Entry" mechanism...

EU’s Tariff Gambit: Avoiding the Worse, Accepting the Less

The EU is playing a strategic tariff gambit, reportedly willing to accept 10% tariffs from the US as part of a "framework" trade deal, thereby avoiding President Donald Trump's...

Santander’s Long-Term UK Play: TSB Acquisition

Santander's £2.65 billion acquisition of TSB represents a significant long-term play in the UK banking market, as outlined by its executive chair, Ana Botín. The strategic commitment aims to...

Greenback’s Woes: Trade War and Fiscal Uncertainty Lead to Historic Low

The US dollar's woes continue, with a 10.8% decline against a basket of currencies in the first half of 2025, reaching a historic low. The ongoing trade war initiated...

Lotus Confirms Hethel Factory Critical for Global Competitiveness

Lotus has confirmed its Hethel factory in Norfolk is critical for its global competitiveness, reassuring Business Secretary Jonathan Reynolds it has no plans for closure. This commitment comes as...

Big Tech Becomes Casualty as US-Canada Trade Relations Hit Breaking Point

The technology sector has become an unexpected battleground in international trade relations as President Trump severed negotiations with Canada over a digital services tax targeting American companies. The dispute...

Small Economy Vulnerabilities Exposed by Great Power Trade Wars

The current trade dispute exposes particular vulnerabilities that small economies face when caught between great power competition. These countries lack individual bargaining power while bearing disproportionate costs from broader...

Subscribe to our magazine

━ popular

Goldman Sachs to cut about 3,200 jobs after cost review

According to reports from undisclosed sources, Goldman Sachs Group is set to commence a significant round of layoffs across the company this week in...

Third of global economy will be in recession this year: IMF

IMF Managing Director Kristalina Georgieva has issued a stark warning, predicting that a third of the global economy will slip into recession in the...

After mass layoffs, CEO Sundar Pichai to take salary cut

During a recent town hall meeting, Alphabet CEO Sundar Pichai revealed plans for a significant reduction in annual bonuses for all positions above the...

Global aviation organisation ICAO rejects Spicejet’s audit story

New Delhi: Following SpiceJet's recent claim regarding the strength of its safety processes after an audit by the International Civil Aviation Organisation (ICAO), the...

US announces fusion tech clean energy breakthrough for warming world

New York: The United States has unveiled a groundbreaking achievement in clean energy technology, heralding a potential transformation in global power generation. The breakthrough...