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Business News

UN calls on Trump to exempt poorest countries from ‘reciprocal’ tariffs

silverguide.site – Unctad says many countries targeted with high tariff rates are unlikely to be a threat to US…
UN calls on Trump to exempt poorest countries from ‘reciprocal’ tariffs

Sky-high US-China tariffs are a mutual trade embargo that will hurt both sides

silverguide.site – Effects could tip one into recession and undermine other’s fragile economy but prospects for rapprochement are not hopeless…
Sky-high US-China tariffs are a mutual trade embargo that will hurt both sides

Scunthorpe steelworks: why can’t you just turn a blast furnace off and what is a salamander tap?

silverguide.site – From coking coal to the ‘four queens’, here’s what you need to know about workings of UK’s last two blast furnaces…
Scunthorpe steelworks: why can’t you just turn a blast furnace off and what is a salamander tap?

Belgian insurer buys Sheilas’ Wheels owner Esure in £1.3bn deal

silverguide.site – Ageas acquisition will unite two ‘complementary’ firms to create UK’s third-biggest home and motor insurer…
Belgian insurer buys Sheilas’ Wheels owner Esure in £1.3bn deal

Sony hikes PlayStation 5 price by 25% as Trump tariffs bite

silverguide.site – PS5 digital price in UK would rise to £430 and €500 in Europe as Japanese games developer cites ‘challenging economic environment’…
Sony hikes PlayStation 5 price by 25% as Trump tariffs bite

British Steel to deploy emergency measures to save Scunthorpe furnaces

silverguide.site – Firm in race against time to get key materials as business secretary says no guarantee it will get what it needs…
British Steel to deploy emergency measures to save Scunthorpe furnaces

Octopus and its customers ask Treasury to back zonal electricity pricing

silverguide.site – Supplier rallies small businesses as critics say overhaul would harm development of clean energy…
Octopus and its customers ask Treasury to back zonal electricity pricing

Hedge fund billionaire says US may face ‘worse than a recession’ from Trump tariffs

silverguide.site – Ray Dalio’s comments come after rocky week across stock markets after policies including 145% tariff raise on China…
Hedge fund billionaire says US may face ‘worse than a recession’ from Trump tariffs

US stock markets expected to recover after Trump drops tariffs on mobiles

silverguide.site – Exemption, seen as a climbdown, includes laptops and chips, and is likely to help firms such as Apple and Nvidia…
US stock markets expected to recover after Trump drops tariffs on mobiles

Network Rail has stockpiled a year’s worth of rails in case of British Steel disruption

silverguide.site – Reserves would give six months to find alternative supply if Scunthorpe blast furnaces are switched off…
Network Rail has stockpiled a year’s worth of rails in case of British Steel disruption

UK and G7 allies look at lowering ‘meaningless’ cap on Russian oil exports

silverguide.site – Limit of $100 a barrel said to be ineffective with the price of crude having crashed in response to Trump’s trade war…
UK and G7 allies look at lowering ‘meaningless’ cap on Russian oil exports
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