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...

Beyond the Deadline: What’s Next for EU Industry After US Tariff Decision?

As the September 29 deadline for the US consultation on "derivative" tariffs passes, European industry is anxiously looking to what comes next. The overwhelming...

Bark, Bite, or Bluff? Deconstructing Trump’s High-Stakes Tariff Game

Is Donald Trump's latest tariff threat a ferocious bite, a loud bark, or a strategic bluff? Deconstructing the high-stakes game being played by the...

The Carbon Lock-In: BP Shows World Stuck in High-Emission Energy System

The world remains "locked in" a high-emission energy system, according to BP’s latest annual outlook. The energy major has raised its long-term forecasts for...

The Dawn of the 10-Gigawatt Era: A New Age for Artificial Intelligence is Here

This week's announcement of the Nvidia-OpenAI partnership marks the formal dawn of a new technological epoch: the 10-Gigawatt Era of Artificial Intelligence. The decision...

Google’s £5B UK Investment to Drive Economic Revival and Green Transition

Google's £5 billion ($6.80 billion) investment in the United Kingdom is set to drive both an economic revival and a green energy transition. The...

Beyond Russia: Trump Widens Economic Conflict to Include China

President Donald Trump has significantly widened the scope of the economic conflict over Ukraine, moving beyond Russia to include its most powerful partner, China....

From Alaska to Brussels: Trump’s Frustrated Peace Efforts Lead to Tariff Threats

President Donald Trump's frustrated efforts to broker peace, from a summit with Vladimir Putin in Alaska to talks in Washington, have culminated in a...

A Board Divided? No, Tesla Directors Sign Off on Unified, Bold Musk Bet

Despite external perceptions of controversy surrounding Elon Musk, Tesla's board of directors has presented a remarkably unified and bold front with its new trillion-dollar...

A Long Road Ahead: Google and DOJ to Propose New Remedy Plan by 2025

While the headline decisions have been made, the Google antitrust case is far from over. The judge has directed both Google and the Department...

Levi’s UK Fears a Consumer Cold Shoulder Over US Politics

Levi's UK is worried it might get the cold shoulder from British consumers due to US politics. The company has formally warned that "rising...

Banking Behemoths Bleed Billions as New Tax Idea Spooks Investors

Britain's banking behemoths bled billions in value on Friday as a new tax idea, floated by a prominent thinktank, spooked investors and sent share...

Oil and Allies: A Rift Grows Between US and India over Russia Policy

A serious rift is growing between the United States and its ally India, centered on the contentious issues of oil and policy towards Russia....