Business

British Steel’s Turkish Contract: Innovation, Investment, and the Race Against Time

British Steel's deal to supply rail for Turkey's new 599km Ankara–İzmir high-speed railway is a story of innovation — in products, in export finance, in the resumption of 24-hour manufacturing. It is also, however, a race against time. The plant is losing £1.2 million every day, and the window for securing a sustainable future may not be open indefinitely. The eight-figure contract with ERG International...

Quality Considerations Join Price in Crude Procurement Decision Framework

India's crude oil procurement framework in 2025 increasingly incorporated quality considerations alongside price, with refiners seeking optimal crude grades for their facilities. Data shows that US crude imports to India surged by 65.6% to $8.2 billion during April-December 2025, while Russian crude imports contracted by more than 17%, falling from $40 billion to $33.1 billion year-on-year. December 2025 reflected this expanded decision framework. Russian crude...

APEC Summit: Trump-Xi to Meet as Tariff Threat Looms

The APEC summit in South Korea will host a critical meeting between President Donald Trump and President Xi Jinping on Thursday, as a new...

Elon Musk Challenges Tesla Shareholders to Choose Between Him and Advisors

During Tesla's earnings call, Elon Musk issued a challenge to shareholders to choose between supporting his leadership or following proxy advisor recommendations against his...

Trump accuses Canada of ‘interference,’ terminates trade talks

President Trump has terminated all trade talks with Canada, accusing the country of "interference" via a "fake" ad featuring Ronald Reagan . "Canada cheated and...

GM Anticipates Stronger Year with Reduced Trade-Related Costs

Reduced trade-related costs are helping General Motors anticipate a stronger year. The automaker's revised guidance projects adjusted core profits ranging from $12 billion to...

Domino Fears Grow as US Bank Woes Follow Other Bankruptcies

Fears of a "domino effect" in the credit market grew as bad loan woes at two US banks followed the recent bankruptcies of Tricolor...

The Great Distortion: How Pre-Tariff Buying Spree Skewed Economic Data

The global economy's recent "unexpected resilience" is a great distortion, skewed by a massive pre-tariff buying spree, a new report has claimed. While this...

The Great Decoupling? Tariff Threat Raises Fears of Economic Split

President Donald Trump's threat to impose 100% tariffs on China is so extreme that it has raised a frightening possibility: is this the beginning...

A Declaration of Intent: OpenAI and AMD’s Deal Is a Bet on the Future of Intelligence

The blockbuster deal between OpenAI and AMD is more than a business transaction; it is a joint declaration of intent to build the future...

Cost of Living vs. Cost of Carbon: UK Buyers Navigate a Complex Choice

UK car buyers are navigating a complex choice, balancing the immediate pressure of the cost of living against the long-term cost of carbon, a...

The Great Equalizer: How DeepSeek’s AI Could Level the Playing Field

DeepSeek's new V3.2-Exp model could act as a great equalizer in the technology world. By drastically lowering the cost of entry for powerful artificial...

A Voluntary Effort Fails: NZBA Shutdown Proves Regulation Is “Essential”

The failure of the Net Zero Banking Alliance (NZBA) is being hailed by critics as definitive proof that government regulation is "essential" for climate...

A Glimpse of the Future? UK Steel Rivals Collaborate Amidst Trade Chaos

The recent collaboration between Tata Steel and British Steel may offer a glimpse of the future for heavy industry in an era of trade...