"A U.K.-U.S. trade agreement is very welcome... But the U.K. is a very open economy," Andrew Bailey told CNBC.
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President Trump imposed "reciprocal" tariffs on nearly all other countries, but quickly paused them to allow time to negotiate trade agreements with the U.S.
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"I apologise that my USD120k Q2 target may be too low," Geoffrey Kendrick, head of digital assets at Standard Chartered, said in a tongue-in-cheek comment.
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At the annual Milken Institute Global Conference, the anxious talk was about tariffs and hopes for trade agreements and de-escalation.
In a wide-ranging interview, he explains his decision — amid the Trump administration’s assault on foreign aid — to accelerate the end of his giving.
The EU has paused an initial set of retaliatory measures — a response to U.S. duties of 25% on steel and aluminum — to enable negotiations.
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The deal could help some sectors and boost confidence among consumers and businesses, but the British economy faces other challenges.
The Bank of England's interest rate cut on Thursday will bring a sigh of relief for borrowers, businesses and hard-pressed consumers across the country.
The deal could help some sectors and boost confidence among consumers and businesses, but the British economy faces other challenges.
The Fed on Wednesday voted to keep its benchmark interest rate in a range of 4.25% to 4.5%, where it's kept it on hold since December.
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Beijing's stimulus push came as trade talks with U.S. officials has raised the prospect of partial roll-back of tariffs on Chinese good.
U.S. President Donald Trump has, on several occasions, referred to India as the "tariff king," but now New Delhi stands ready to abdicate its throne.
The nuclear-armed rivals are also wrangling over Pakistan’s access to desperately needed foreign aid, as India explores ways to use its soft power and relationships to bedevil its old enemy.
Powell no longer pulled punches in his post-meeting press conference, saying Trump tariffs "are likely" to lead to a downturn in economic conditions.
Nintendo said it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026.
The automaker’s somber forecast for the fiscal year underscored how quickly fortunes have turned for many companies reckoning with President Trump’s tariffs.
Chinese defense stocks surged after Pakistan's apparent use of China-made weapons to down Indian jets.
Danish shipping giant Maersk on Thursday posted stronger-than-expected first-quarter operating profit and maintained its full-year profit guidance.
Russia's friends in Eastern Europe say EU plans to end all Russian gas and energy imports are tantamount to "economic suicide" and a threat to energy security.
After struggling through pandemic shutdowns and twin Hollywood strikes, the British film and TV industry is worried that duties will wreak devastation.
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NYT reported that the details around the deal were not clear, and it was uncertain if both sides will sign a finalized deal or a framework
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Apple wants a court to pause a decision in its case against Epic Games, and allow it to charge commission on in-app transactions that link out for payment.
A deal would be a positive sign for both governments, which have eyed an agreement since President Trump’s first term.
Powell no longer pulled punches in his post-meeting press conference, saying Trump tariffs "are likely" to lead to a downturn in economic conditions.
A technical outage in Philadelphia last week terrified air traffic controllers and stranded passengers. As the summer travel season looms, the F.A.A. is racing to address the problems.
As president, he helped persuade companies like Estée Lauder and Ford to advertise in the pages of the first mass-circulation magazine directed at Black women.
AMD CEO Lisa Su and Nvidia CEO Jensen Huang have both opposed the semiconductor export controls.
Former Sen. David Perdue assumes his posting ahead of a weekend of talks aimed at de-escalating tensions between Washington and Beijing.
Federal Reserve Chair Jerome Powell said the Fed was taking a "wait and see" approach.
Arm beat on earnings and revenue but issued a disappointing forecast in its quarterly report on Wednesday.
Applovin shares soared in extended trading after the company beat first-quarter expectations and announced the sale of its mobile gaming business.
President Trump called the tension between India and Pakistan on the heels of the massacre in Kashmir "terrible."
CrowdStrike, which has found gains from artificial intelligence in sales, recruiting and other areas, is cutting about 5% of its workforce.
The U.S. central bank is widely expected to stick to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher inflation and slower growth.
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China said earlier it will enter upcoming talks in Switzerland with Treasury Secretary Scott Bessent “firmly” opposed to Trump's tariff hikes.
Uber's recent changes include adding a day to its hybrid work policy (from two to three) and upping the sabbatical eligibility requirement.
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This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in March.
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The name of the body of water has long been a point of contention for many Arab countries.
"There should be a balance between export controls for national security as well as ensuring that we get the widest possible adoption," she said.
Trade Commissioner Sefcovic said the EU continued to "prepare for any scenario" if current trade talks fail.
Mainstream measures have been slow to detect the impact of tariffs and uncertainty, leaving economists to scour earnings calls and private-sector data sources.
Eddy Cue, Apple's services chief, said he believes AI services will eventually replace standard search engines like Google, according to a Wednesday report.
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
Executives at several companies that sell popular products have recently pointed to signs of wariness among shoppers.
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Disney CEO Bob Iger said the project is "ambitious."
The New York Times wants to hear from European business owners about how they are navigating the uncertainty of President Trump’s tariffs.
Dear Media, a podcast company known for chatty celebrity and lifestyle shows, is also tapping into women’s interest in alternative health.