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World’s first-ever global emissions tax is on the table at crunch shipping talks
World

World’s first-ever global emissions tax is on the table at crunch shipping talks

Aerial view of containers for export sitting stacked at Qingdao Qianwan Container Terminal on April 5, 2025 in Qingdao, Shandong Province of China.  Vcg | Visual China Group | Getty Images The United Nations shipping agency is on the cusp of introducing binding regulations to phase out fossil fuel use in global shipping — with […]

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British carmaker Jaguar Land Rover pauses U.S. shipments over Trump tariffs
World

British carmaker Jaguar Land Rover pauses U.S. shipments over Trump tariffs

Vehicles outside a Land Rover dealership in Tucson, Arizona, US, on Tuesday, April 1, 2025. Bloomberg | Bloomberg | Getty Images British carmaker Jaguar Land Rover said it will pause U.S. shipments for a month as it assesses the impact of U.S. President Donald Trump’s tariffs on vehicle imports. It comes as disruption from the […]

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Canadians pull back on U.S. trips, threatening to widen United States’  billion travel deficit
Travel

Canadians pull back on U.S. trips, threatening to widen United States’ $50 billion travel deficit

Canadians hold an “Elbows Up” protest against U.S. tariffs and other policies by U.S. President Donald Trump, at Nathan Phillips Square in Toronto, Ontario, Canada March 22, 2025. Carlos Osorio | Reuters Canadians are skipping trips to the U.S. and visitors from other countries could soon follow threatening to deepen the United States’ $50 billion […]

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Europe wants to pour billions of dollars into its own defense companies — but market watchers say it may not be able to shut American firms out
World

Europe wants to pour billions of dollars into its own defense companies — but market watchers say it may not be able to shut American firms out

New army recruits of the Bundeswehr, Germany’s armed forces, during basic training on Nov. 29, 2022 near Prenzlau, Germany. Sean Gallup | Getty Images As Europe plans to pour billions of dollars into defense, many regional leaders are pushing for the money to be spent locally — but some market watchers say it’s inevitable that […]

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Heathrow Airport had enough power to avoid shutdown after fire, Britain’s National Grid says
Travel

Heathrow Airport had enough power to avoid shutdown after fire, Britain’s National Grid says

A reads “Do Not Travel To Heathrow Airport” at Hounslow Central London Underground station on March 21, 2025.  Jaimi Joy | Bloomberg | Getty Images Heathrow Airport had enough power to remain open on Friday, after the London hub spent most of the day closed due to a fire at a nearby electrical substation, according […]

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UK economy unexpectedly shrank by 0.1% in January
World

UK economy unexpectedly shrank by 0.1% in January

Men and women socialize at the end of the day outside The Castle Pub in London, United Kingdom. Robert Nickelsberg | Getty Images News | Getty Images The U.K.’s economy unexpectedly shrank by 0.1% month-on-month in January, official figures showed on Friday. Britain’s Office for National Statistics said the fall was mainly due to a […]

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Trump’s approach to Ukraine could be ‘very worrying’ for Russia’s neighbors, former UK PM Cameron says
World

Trump’s approach to Ukraine could be ‘very worrying’ for Russia’s neighbors, former UK PM Cameron says

British Foreign Secretary David Cameron speaks during a joint press conference with Albanian Prime Minister after a meeting in Tirana, on May 22, 2024. Adnan Beci | Afp | Getty Images Former U.K. Prime Minister David Cameron on Thursday said he is fearful that U.S. President Donald Trump’s approach to securing peace in Ukraine could […]

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WBD adds 6.4 million Max subscribers, forecasts 150 million subs by end of 2026
Business

WBD adds 6.4 million Max subscribers, forecasts 150 million subs by end of 2026

A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty Images Warner Bros. Discovery said Thursday it added 6.4 million global streaming subscribers in the fourth quarter for a total of 116.9 million subscribers. Fourth-quarter revenue for the streaming segment, […]

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Shares of British aerospace giant Rolls-Royce jump 16% on upbeat outlook, profit beat
World

Shares of British aerospace giant Rolls-Royce jump 16% on upbeat outlook, profit beat

A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024. Bloomberg | Bloomberg | Getty Images British aerospace group Rolls-Royce on Thursday posted stronger-than-expected full-year earnings after undertaking a “significant” transformation and declaring a £1 billion ($1.27 billion) […]

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Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
World

Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset

The BP logo is displayed outside a petrol station on January 30, 2025 in Warrington, United Kingdom. Nathan Stirk | Getty Images News | Getty Images British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion through 2027 as part of a fundamental strategic reset. The beleaguered […]

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