Officials are working to deliver essential raw materials to British Steel’s Scunthorpe plant, the government has said, as it races to keep its blast furnaces burning. An emergency law rushed through Parliament on Saturday gave the government control of the Lincolnshire site to prevent its Chinese owner shutting it down. The government said work was…
BBC From the end of April, the 500-year-old Royal Mail will be controlled by a Czech billionaire who co-owns a football club and is a major investor in a British supermarket – so, why would he want this ailing institution? Listen to the audio version of this on BBC Sounds “A pair of scissors, one…
Jordan Moon (left) and Macaulay Beasley (right) use OneCourt tablets at the Phoenix Suns vs. Minnesota Timberwolves game in Phoenix on March 2. Courtesy: Phoenix Suns During a break at the March 2 game between the NBA’s Phoenix Suns and Minnesota Timberwolves, a player made a half-court shot that had the crowd buzzing at PHX…
Sam Francis Political reporter PA Media The business secretary has refused to confirm if the government can get the sufficient raw material supplies in time to keep the blast furnaces at British Steel running, after it took control of the Chinese-owned plant. Emergency legislation was rushed through Parliament on Saturday to prevent owners Jingye shutting…
While U.S.-China trade tensions escalate , analysts predict a handful of Chinese companies could win out on Beijing’s efforts to double down on generative artificial intelligence. “We expect AI demand to stay strong as deepseek cost improvements have driven application development such that companies are seeing AI development as critical for growth and for competition,”…
Natalie Sherman BBC News Reporting fromNew York, New York BBC Days after Richard Medina went looking for a smartphone to beat new tariffs, the US announced the devices would be exempt from the duties When his camera stopped working on his iPhone recently, New Yorker Richard Medina didn’t waste any time. With the threat of…
US President Donald Trump’s administration has exempted smartphones, computers and some other electronic devices from “reciprocal” tariffs, including the 125% levies imposed on Chinese imports. In a notice, US Customs and Border Patrol said that the goods would be excluded from Trump’s 10% global tariff on most countries and the much larger Chinese import tax….
Container vessels and shipping containers at Yangshan Deep-Water Port on Oct. 18, 2024, in Shanghai, China. Vcg | Visual China Group | Getty Images Apple’s iPhone and other technology hardware, from chips to PCs, received a China tariff reprieve from President Trump on Saturday, but for most of the U.S. economy, the damage will soon…
Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs more than 7,000 people and produces a variety of vehicles, including the Leaf EV and Rogue crossover. Michael Wayland / CNBC DETROIT — As President Donald Trump‘s 25% tariffs on imported vehicles remain in effect despite a pullback this week…
Laura Kuenssberg Presenter, Sunday with Laura Kuenssberg•@bbclaurak BBC “Who was going to blink first?” A source involved in the fraught negotiations since the election over the future of British Steel told me that as time passed, and literally, coal to keep the furnaces burning started to run out, that was the question – was the…
