'Bears' Clip: First Steps
Bears
Bears
U.S. President Joe Biden's push to triple tariffs on Chinese steel imports strikes a mostly symbolic blow on an industry facing bigger concerns over faltering local demand and threats of even stronger blowback against China's surging exports. The state-backed China Metallurgical Industry Planning and Research Institute (MPI) forecasts a 1.7% drop in China's steel demand this year, following a 3.3% decline in 2023. While China's steel exports last year climbed more than a third to their highest since 2016 at 90.26 million metric tons, about 9% of its total crude steel output, just 598,000 tons of the shipments went to the United States.
Business Secretary Kemi Badenoch will criticise a rising tide of state regulation, which she will claim would become even stronger under Labour.
Chinese carmaker Chery said on Friday a newly-acquired Barcelona plant will be one of its main exporting facilities worldwide, aiming to produce 150,000 vehicles a year by 2029 in a joint venture with Spanish firm EV Motors. Production will begin at the end of the summer at a plant that Japanese carmaker Nissan shut down in 2021. Chery will start production of its Omoda 5 electric vehicle (EV), and hire 150 former Nissan workers, said EV Motors' chief executive Pedro Calef at the plant's presentation.
Plus the Gen Z acronyms only 3% of Brits understand.
Cash equivalent funds saw a $160 billion tax-related outflow in the week to Wednesday, according to a Bank of America's weekly report that cites fund flows and asset allocation from data provider EPFR, while U.S. stocks suffered their second week of outflows. Tuesday was the U.S. Treasury's annual tax filing deadline. Investors remain concerned over lofty valuations as markets push back expectations for rate cuts from the Federal Reserve to later in the year.
U.S. technology and retail giant Amazon could soon be required to formally recognise the GMB union at its Coventry warehouse in Britain, after a government body ruled in the union's favour. GMB said in a statement on Friday that Amazon workers at the site would now vote on union recognition, and if approved, it would be the first time outside the United States that Amazon was required to bargain with a union over pay, hours and holiday. Amazon has historically opposed unionisation, but in 2022, workers at one of its New York warehouses forced the company to recognise a trade union in the U.S. for the first time.
The regulator calls the data a "wake up call", and says parents and industry need to do more.
Leonid Volkov was hospitalised and his arm broken in the attack outside his Lithuanian home in March.
The Treasury Committee heard that Citizens Advice is seeing a ‘clear rise’ in people who are unable to afford insurance.
A Trump sneaker? A mug shot? The attempts by the Trump campaign to court Black voters have been laughable — until they were not.
Fight Corporate Monopolies is hitting Rep. David Trone, a Senate candidate, and advertising in support of Rep. Mary Peltola (D-Alaska).
During an appearance on Jimmy Kimmel Live! this week, the musician/record producer poked fun at the Stronger rapper. In the interview, host Jimmy asked Jack why he is "more inclined to work with female artists," after noting that he has worked with the likes of Taylor Swift, Florence + The Machine, Lorde and St. Vincent. "There's two people that I think are too oversensitive to even function, and it's men and members of the music industry. The amount of sensitivity - it's sort of like watching Kanye.”
Intensely hyped yet pleasingly practical, these limited-edition trainers are sure to sell out. See everything you should know about Miu Miu x New Balance here.
Customers’ complaints were mainly driven by how their complaints were handled, Ofcom said.
IN FOCUS: Between points deductions, financial charges, and looming appeal dates, the Premier League has lost the trust of its fans and revealed a dysfunctional relationship with money from top to bottom, writes Miguel Delaney
Taylor Swift is the great influencer, the reigning pop superstar of our social media fixated times. The wittily titled Tortured Poets Department may be the apogee of her self-branded gossipy songcraft, a musical Roman à Clef so densely packed with references to her own torturous love affairs with other beautiful actors, pop stars and sportsmen that it is hard to decide whether you are listening to a song cycle or a catching up with a soap opera. (The album was released in two parts, and the the
"The intention does not appear to inflict large-scale damage, including on nearby military bases, and trigger a full inter-state war, which we continue to regard as very unlikely," Hasnain Malik, head of equity research at Tellimer wrote in a note. The CBOE Volatility index, also known as Wall Street's "fear gauge", was up 1.83 points at 19.83, its highest level in more than five months. On the earnings front, Netflix slumped 6.3% in premarket trading following the streaming video pioneer's lackluster second-quarter forecast.
The Prime Minister warned against ‘significant escalation’ amid fears of a broader Middle East conflict.
Two US officials claim an Israeli missile struck Iran near the city of Isfahan overnight - although Iran has downplayed reports as Israel remained silent
Formula 1 updates from the Shanghai International Circuit as China hosts the first sprint weekend of the season