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Chanel has been strongly expanding in China, which it views as one of its most important markets
Business

Chanel Reports 28% Drop In Full-year Profit

UK regulators allowed private companies to hike household bills from April
Economy

UK Inflation Hits 15-month High As Utility Bills Soar

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Business

Crypto Industry Praises Trump, Calls For Market Clarity

The rise in GDP comes as a boost for the Labour government, which struggled to kickstart stagnant growth since it came into power in July
Economy

UK Economy Grows Above Forecasts, But Tariffs Threaten Progress

Boeing CEO Kelly Ortberg sits to the left of US President Donald Trump and Qatar's Emir Sheikh Tamim bin Hamad al-Thani (R) during a business deal signing ceremony at the Royal Palace in Doha, on May 14, 2025
Business

Trump Announces Big Boeing Order For Qatar Airways

Burberry warned it could cut as many as 1,700 jobs worldwide
Business

Burberry Warns 1,700 Jobs At Risk After Annual Loss

Under Monday's deal, the United States agreed to lower its tariffs on Chinese goods to 30 percent while China will reduce its own to 10 percent -- down by over 100 percentage points
Business

China, US Slash Sweeping Tariffs In Trade War Climbdown

The price of US household furnishings and operations jumped in April
Economy

US Inflation Cooled In April As Trump Rolled Out Tariffs

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Business

Japan's SoftBank Posts $7.8 Bn Annual Net Profit

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Business

China's Consumption Slide Deepens As Tariff War Bites

Panasonic became a global household name in the latter half of the 20th century
Business

Japan's Panasonic Targets 10,000 Job Cuts Worldwide

US President Donald Trump suggested that tariffs on Chinese imports could drop to 80 percent
Business

Trump Floats Cutting China Tariffs To 80% Ahead Of Trade Talks

American carmakers blasted a US-UK auto trade deal, saying it gives a leg up to British cars, such as those made at the Jaguar Land Rover car factory in England where CEO Adrian Mardell (R) recently hosted Britain's Prime Minister Keir Starmer (L)
Business

US Automakers Blast Trump's UK Trade Deal

State-owned Emirates Group operates the world's largest long-haul carrier.
Business

Emirates Airline Group Announces Record $6.2 Bn Gross Profit

The European Union hopes to reach a deal with the United States to avoid an all-out trade war
Business

EU Eyes Targeting 100 Bn Euros Of US Goods With Tariffs

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