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Wednesday, October 8, 2025
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BUSINESS

China raising retaliatory tariffs on US from 34% to 84%

China has raised tariffs to 84 per cent on goods coming from the US in an additional counter-measure. Last week, Beijing had said it would...

Stocks rise in early Wall Street trading following historic dip

Stocks are rising on Wall Street and around the world to recover some of the historic losses since last week when President Donald Trump...

China threatens ‘countermeasures’ in response to Trump’s latest tariff threat

China threatened to “resolutely take countermeasures to safeguard its own rights and interests”, in response to US President Donald Trump’s threat of an additional...

China slaps extra tariffs on imports of major US farm products

China announced on Tuesday it will impose additional tariffs of up to 15% on imports of major US farm products, including chicken, pork, soy...

Apple announces huge US investment amid tariff threats that could affect iPhone

Apple has announced it will invest more than $500 billion (€477 billion) in the United States over the next four years, including plans to...

Google agrees to pay Italy €326m to settle tax evasion investigation

Italian prosecutors said on Wednesday that they are seeking to have a tax evasion investigation against Google dropped after the tech giant agreed to...

Elon Musk-led group proposes buying ChatGPT-maker OpenAI

A group of investors led by Elon Musk has said it is offering more than 97 billion dollars (£78.3 billion) to buy OpenAI, escalating...

German government slashes economic growth forecast for this year to 0.3%

The German government has slashed its 2025 growth forecast for the country’s economy – Europe’s biggest – to just 0.3%, after it shrank for...

Boeing posts $3.8bn loss in fourth quarter

Boeing posted a fourth-quarter loss of $3.8 billion (€3.4 billion) on Tuesday as a machinists’ strike and other problems continued to plague the troubled...

Ex-Abercrombie CEO’s dementia ‘may leave him incompetent to face sex charges’

Defence lawyers say the former CEO of Abercrombie & Fitch may have dementia, and a competency hearing is necessary to determine if he can...

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