Business

Beijing says it will impose an additional 34 percent tax on US goods from next week in retaliation for Washington’s tariffs. China has announced a slew of countermeasures against tariffs imposed by United States President Donald

Trump held up a reciprocal tariffs chart during his ‘Liberation Day’ address. President Donald Trump on Wednesday announced a range of reciprocal tariffs targeting almost all countries that the United States trades with, taking a sledgehammer

The practice of ‘de-risking’ by financial institutions has had a disproportionate impact on Muslim and immigrant-owned businesses, and they are being cut off from access to essential banking services. As the people

Almost 33 million metric tonnes of grain were exported since the Black Sea Grain Initiative was brokered a year ago. Russia has said it will not extend an international deal to allow the safe

Google’s parent company Alphabet will cut 12,000 jobs, in the latest staff redundancies to hit the tech industry. Google and Alphabet CEO Sundar Pichai said he took “full responsibility” for the cuts,

A year ago, a US ban put the government in quite a quandary. Now the Bangladeshi foreign ministry fears that the ban may come again before the election. Similar restrictions may come

Finnish PM Sanna Marin has said Europe is “not strong enough” to stand up to Russia’s invasion of Ukraine on its own, and has had to rely on US support. During a

Germany has announced a €65bn (£56.2bn) package of measures to ease the threat of rising energy costs, as Europe struggles with scarce supplies after Russia’s invasion of Ukraine. The package, much bigger

Stock markets in the US ended the week sharply down following tough comments by the head of the country’s central bank, the Federal Reserve. The bank’s chairman, Jerome Powell, said the bank