Trending Business News
US-Canada tariffs: Canada braces for prolonged trade war as counter-tariffs on US take effect
Canada’s retaliatory tariffs on approximately C$28 billion of US goods took effect Tuesday, with tariff rates reaching as high as 50% amid stalled negotiations between the two nations.
UK government invests £30m in Shetland spaceport
The UK government has announced £30m in funding for SaxaVord Spaceport in Shetland, which is expected to unlock additional private investment for the facility’s expansion and operations.
Somerset cider makers left with very few apples after heatwaves
Somerset’s cider orchards have suffered severely from prolonged drought conditions, with many producers reporting crops reduced to a fraction of normal yields, forcing difficult decisions about future production.
Trump strikes new drug pricing deals with nine midsized drugmakers
President Trump announced new drug pricing deals with nine pharmaceutical companies, bringing the total to 26 firms representing approximately 90% of the domestic pharmaceutical market.
Households warned gas price spike could pile fresh pressure on energy bills
UK households face warnings of higher winter energy bills as European countries rush to replenish natural gas stores amid geopolitical tensions affecting global supply routes.
Is India’s internet boom running into an undersea problem?
India’s digital economy depends heavily on undersea cables concentrated in one coastal area, creating vulnerability risks and exposing gaps in the country’s submarine infrastructure.
‘Astronomical’ fuel price surge hits farmers in UK and US
Farmers in the UK and US face sharp fuel price increases driven by Middle East tensions, Russian export bans, and crude oil surges, with diesel costs rising 10-14p per litre in days.
Why the ‘Temu Range Rover’ is such a threat to Jaguar Land Rover
Jaguar Land Rover is cutting 4,000 jobs as it contends with declining sales, a major cyber-attack, rising energy costs, and intense competition from Chinese manufacturers expanding globally.
Next wins key appeal to overturn £30m equal pay ruling
Next won an appeal overturning a ruling that required the retailer to pay warehouse and shop floor staff equally, saving it from potentially distributing over £30m in back pay to thousands of workers.
Billionaire family offices back healthcare and biotech startups in August
Family offices of billionaires invested heavily in biotech startups in August, with companies like Duquesne Family Office backing gene therapy ventures and Bezos and Gates-affiliated firms participating in major funding rounds.
Yen soars as Bank of Japan tipped to raise interest rates
The Japanese yen surged over 2% against the dollar this week amid expectations that the Bank of Japan will raise interest rates, reaching its highest level in a month.
Save the Children aid for 1.5 million in need wiped out by Iran war oil shock
Save the Children reports that oil price shocks from Middle East conflict have cost the charity $13 million in increased aid delivery expenses, preventing it from reaching 1.5 million additional children globally.
THC drinks could soon be harder to find as Congress delays hemp ban again
Congress delayed federal restrictions on hemp-derived THC beverages for another month, pushing the deadline to December. The category has grown rapidly but faces uncertainty as distributors hesitate to stock inventory.
The wealth of the world’s billionaires reached $15.1 trillion last year, per a new report
The world’s billionaire population reached a record 3,795 people in 2025, with combined wealth surging 12.8% to $15.1 trillion, driven largely by artificial intelligence sector gains.
Populism poses serious challenge to independent central banks, Bailey says
Bank of England Governor Andrew Bailey warns that populist politicians pose a serious threat to central bank independence and argues institutions must better explain their decisions to the public.
‘There’s no plan’: as instability in global bond markets rises, what are the knock-on effects?
Global bond markets are experiencing significant instability, with US government borrowing costs rising sharply amid concerns about fiscal sustainability and geopolitical tensions, creating knock-on effects for borrowers worldwide.
Trump strikes new drug pricing deals with nine midsized drugmakers
President Trump announced drug pricing agreements with nine pharmaceutical companies, requiring them to discount medications to state Medicaid programs aligned with international prices.
Chevron to expand in Venezuela, days after the U.S. and Venezuela strike oil deal
Chevron announced plans to expand its Venezuelan oil operations, investing over $7 billion over five years to increase production to approximately 600,000 barrels per day.
Almost half of households do not see benefits of economic growth, report says
Nearly half of British households live in areas where economic growth fails to improve living standards, with significant regional disparities between wealthy southern regions and struggling northern areas, according to a new PwC report.
Jackdaw gas field set to be approved as soon as mid-September, sources say
The UK government is expected to approve the controversial Jackdaw gas field off Aberdeen in mid-September, according to government and industry sources, after a Scottish court ruling required additional climate assessments.
Is India’s internet boom running into an undersea problem?
India’s digital economy faces critical infrastructure vulnerabilities, with 95% of its international bandwidth concentrated on a six-kilometer stretch of Mumbai coast, exposing the country to potential cable disruptions.
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Business Articles
Washington State Works to Combat Rising Traffic Deaths
In recent years, Washington State has witnessed a troubling increase in traffic fatalities, prompting officials to implement measures to reduce the number of accidents and improve road safety. The state reported 750 traffic fatalities in 2022. Spokane county has seen...
How to Properly Research New Vehicles for Your Company Fleet
If your company is looking to replace the fleets of vehicles it uses, the first step is to research what type of vehicles would best suit the company and its needs. By adequately researching new vehicles, you can mitigate the risks associated with buying a vehicle...
On Board: A Guide For Recruiting And Hiring Physicians To Your Practice
Physicians play an important role in the health and well-being of individuals and communities. As a result, it is essential to have strong physician recruitment and consulting program in place to find and hire the right specialists for your practice. This guide is...
Top 6 Problems Faced by Small Businesses and How They Can be Resolved
Owning a small business is a dream for many first-time entrepreneurs. However, starting a small business is no easy project, and maintaining one can be just as difficult. Small business owners face a variety of problems on a daily basis, and they must be able to find...