Business

Liverpool Lands Chery European Headquarters in Significant Market Move

Liverpool will serve as the European headquarters for Chinese carmaker Chery's research and development operations, with the state-owned manufacturer consolidating European commercial vehicle activities on Merseyside. The facility will integrate research, engineering, and commercial functions. Chery has successfully entered the UK market through its Omoda and Jaecoo brands and is now introducing its primary Chery brand with an advertising campaign starring Peter Crouch, the former...

EasyJet Opposes EU Free Baggage Rules Citing Fleet Utilization Impact

Budget airline EasyJet has warned that European Union baggage regulations could impact fleet utilization efficiency by creating boarding delays that reduce aircraft productivity. The legislative proposal under consideration would mandate free cabin baggage across European air travel. Parliamentary votes have advanced regulations requiring airlines to provide allowances for both personal items and larger carry-on bags. The airline's leadership emphasizes that efficient fleet utilization depends on minimizing...

Competition Policy Implications Emerge in International Trade Discussions

Competition policy implications are emerging in international trade discussions as countries assess how trade agreements might affect domestic market competition. The extended negotiation period...

Brussels Under Siege: Trump’s Trade Aggression Unrelenting

Brussels is under siege from unrelenting trade aggression from the Trump administration, with President Trump's July 9th deadline for tariffs approaching and only two...

Trump’s Trade War Rhetoric Intensifies with EU Food Tariffs

Donald Trump's trade war rhetoric has intensified with a direct threat to impose a 17% tariff on European food and farm produce exports. This...

Europe’s Tariff Battle: Averting 50% While Accepting 10% from US

Europe is in the midst of a tariff battle, reportedly aiming to avert crippling 50% tariffs from the US by accepting a 10% tariff...

Sabadell’s Exit Strategy: TSB for BBVA Battle

Sabadell has unveiled its exit strategy for TSB, selling the UK lender to Santander for £2.65 billion as a direct response to the escalating...

Dollar’s Dire Straits: Worst Performance in Decades as Tariffs Bite Hard

The US dollar is in dire straits, experiencing its worst performance in decades, with a 10.8% decline against a basket of currencies in the...

UK Government Supports Lotus’s Hethel Decision

The UK government is backing Lotus's decision to keep its Hethel factory in Norfolk open, following assurances given to Business Secretary Jonathan Reynolds. This...

Integrated Supply Chains Face Disruption from Tax Policy Dispute

The highly integrated supply chains that define the North American economy face potential disruption as President Trump's termination of Canada trade negotiations threatens to...

Economic Vulnerability Drives Political Positions in Trade Negotiations

The correlation between economic vulnerability and political positions in European trade negotiations demonstrates how structural factors influence diplomatic strategies. Countries and sectors facing immediate...

UK Healthcare Sector Monitors Chinese Medical Import Surge

The UK healthcare sector is closely monitoring the surge in Chinese medical imports as overall trade increases. May's 16.1% export growth includes significant volumes...

Global Stability Rises, Gold Falls: Ceasefire Boosts Confidence

Global stability saw a significant rise on Tuesday, leading to a fall in gold prices by over 1%, as the ceasefire between Israel and...

From Euphoria to Uncertainty: Oil Prices Reflect Mideast Truce Volatility

Oil prices swung from initial euphoria to uncertainty, reflecting the significant volatility surrounding the declared Mideast truce. Brent crude, the global benchmark, demonstrated the...