Business

Breaking: Bank of England Excludes Coal Bonds from Major Lending Programs

BusinessJuly 19, 2026

The Bank of England is set to implement a policy change in October that will see it cease accepting bonds tied to thermal coal companies as collateral in its lending operations. This move signifies a noteworthy...

Supreme Court Decision Leads to $81 Billion Tariff Refund by US

BusinessJuly 15, 2026

The U.S. government has refunded $81 billion in tariffs to businesses following a Supreme Court ruling that deemed a substantial portion of tariffs imposed by former President Donald Trump as illegal. This significant refund, issued during...

Wang Yi Calls on US to Foster Stable, Constructive China Relations

BusinessJuly 2, 2026

In a recent phone discussion, Chinese Foreign Minister Wang Yi emphasized the importance of eliminating barriers and fostering communication to strengthen the relationship between...

Billionaire Tax Initiative Secures Spot on California’s November Ballot

BusinessJune 20, 2026

A significant proposal targeting California's wealthiest residents has made it to the November ballot, aiming to impose a one-time tax on billionaires. This initiative,...

Trump’s US-Iran Negotiations Prompt Significant Decline in Oil Prices

BusinessJune 13, 2026

On Friday, global oil markets saw a sharp decline in prices after U.S. President Donald Trump hinted at a potential peace agreement with Iran....

UK Confronts EU on New Steel Import Restrictions Amid Trade Dispute

BusinessJune 6, 2026

The UK government is preparing to contest European Union proposals that aim to drastically cut tariff-free steel imports, a move that could have significant...

US Targets Cuban Leader and Castro Relatives with Fresh Sanctions

BusinessJune 5, 2026

The United States has unveiled a new set of economic sanctions aimed at top Cuban leaders, including President Miguel Díaz-Canel and his immediate family,...

Castlelake’s £3 Billion Bid Denied by EasyJet; Shares Rise Dramatically

BusinessJune 1, 2026

EasyJet has characterized an acquisition approach from U.S. investment firm Castlelake as "highly opportunistic," suggesting that the airline's current market value doesn't fully capture...

US Offers Taiwan Products Retroactive Tariff Relief

BusinessMay 28, 2026

The United States plans to offer retroactive tariff relief for Taiwan's non-semiconductor products under Section 232 measures, according to Taiwan's Executive Yuan. This move...

President Announces Addition of 600+ Drugs to TrumpRx Website

BusinessMay 19, 2026

Donald Trump has unveiled a major expansion of his prescription drug platform, TrumpRx, which is set to significantly increase the availability of medications offered...