United Kingdom
Oil giant Shell posts profit beat, keeps share buyback pace steady at $3.5 billion
The brand logo of the mineral oil and natural gas company Shell plc can be seen at a filling station of the company in Nuremberg (Bavaria) on July 25, 2025. Picture Alliance | Picture Alliance | Getty Images Britain’s Shell on Thursday reported better-than-expected second-quarter profit and maintained the pace of its shareholder returns, despite […]
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Chinese exports to U.S. could decrease by $485 billion by 2027: Tariff simulator
A cargo ship loads and unloads foreign trade containers at Qingdao Port in Qingdao, Shandong Province, China, on July 25, 2025. Nurphoto | Nurphoto | Getty Images Exports from China to the U.S. could fall by close to a half-trillion dollars ($485 billion) between now and 2027, according to a tariff simulator that forecasts shifts […]
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How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator
18 July 2025, Bremen, Bremerhaven: Containers are handled at the overseas port. Picture Alliance | Picture Alliance | Getty Images A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of President Donald Trump new trade deal with the European Union. On Sunday, Trump announced a trade deal with the EU, following […]
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EU chief to meet Trump in Scotland in push to avoid a transatlantic trade war
Ursula von der Leyen (CDU), President of the European Commission, stands in the European Parliament building and speaks. Picture Alliance | Picture Alliance | Getty Images European Commission President Ursula von der Leyen will meet with U.S. President Donald Trump in Scotland over the weekend, seeking to reach a framework trade agreement shortly before a […]
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India expects ‘preferential’ tariffs in a trade deal with U.S., says India’s commerce minister
India expects to secure “preferential” tariffs from the United States that are better than those achieved by its economic rivals, according to India’s Commerce and Industry Minister Piyush Goyal. Goyal, who led the negotiations on the U.K.-India trade agreement, signaled a confident approach from New Delhi in ongoing trade talks with Washington. “India will get […]
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UK ramps up scrutiny of Apple and Google in push for mobile services changes
A series of iPhone 16s on display inside the Apple store at Tun Razak Exchange in Kuala Lumpur, Malaysia, on Sept. 20, 2024. Annice Lyn | Getty Images News | Getty Images Britain’s competition regulators on Wednesday took aim at the mobile ecosystems of Apple and Google, pushing the two companies to make changes to […]
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New entrance fee to visit Europe set to triple, says European Commission
Some travelers may need to pay more to enter parts of Europe come 2026. The price for travel authorization under the European Travel Information and Authorisation System is set to nearly triple, according to an announcement from the European Commission Friday. The system, known as ETIAS, hasn’t been implemented yet. The authorization, which was adopted in […]
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UK economy contracts again in May, missing expectations for slight rebound
London. Dukas | Universal Images Group | Getty Images The U.K. economy shrank again in May, data showed Friday. The latest monthly growth figures from the Office for National Statistics showed U.K. gross domestic product (GDP) contracted 0.1% month-on-month in May. Analysts polled by Reuters had expected a 0.1% expansion. The latest data follows a […]
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London IPO fundraising hits a three-decade low in another blow to the UK capital
City of London skyline with 20 Fenchurch Street, affectionately nicknamed the Walkie Talkie, in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Fundraising from London IPOs slumped to at least a three-decade low in the first half of this year, new data showed on Friday – raising fresh questions about the fading […]
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British cars are being stolen and shipped within a day, fueling a multi-billion-pound crime bill
The theft of luxury cars is highly sophisticated and widespread, with Range Rovers just one of a number of targets for organized crime groups. Picture Alliance | Picture Alliance | Getty Images Cars are being stolen and shipped from the U.K. within 24 hours, according to a new report which found thefts are costing British […]
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