business

The King started the third day of his state visit to Italy with a meeting with the country’s Prime Minister, Giorgia Meloni, in Rome. As the day unfolded, the King and Queen received multiple tributes to mark their 20th wedding anniversary. The Queen received a pizza as a gift during a visit to a school. … Read more

Nikhil Inamdar Thousands of neighbourhood stores, unable to compete with online apps, have closed down, according to reports The corner shop Ramji Dharod has manned for over six decades is now on the brink of closure. The store sits in a bylane in the central Indian city of Mumbai’s busy shopping precinct, and has served … Read more

President Donald Trump has announced a 90-day pause for countries hit by higher US tariffs, but escalated a spiralling trade war with China. In a dramatic change of policy, just hours after levies against roughly 60 of America’s trading partners came into effect, Trump said he was authorising a universal “lowered reciprocal tariff of 10%” … Read more

Yolande Knell Middle East correspondent Getty Images Former hostage Eli Sharabi only learnt that his wife and daughters were killed in the 7 October 2023 attacks following his release from captivity “This week is Passover – the festival of freedom,” Liri Albag, an Israeli soldier held hostage in Gaza for 15 months by Hamas, told … Read more

US shares have rocketed after US President Donald Trump said he would suspend higher tariffs on goods from most countries, and instead impose a 10% import tax rate. The White House said it was backing off on steeper levies for trade partners that had agreed to negotiate, although Trump said he would raise tariffs on … Read more

The governor of Nigeria’s Borno state has warned that jihadist group Boko Haram is making a comeback after its fighters staged a series of attacks and seized control of some parts of the north-eastern state. Babagana Zulum called for more military assistance for soldiers fighting the insurgency. The Nigerian government has downplayed the governor’s fears, … Read more

King Charles received a long standing ovation from parliamentarians in Rome, as he gave a speech on the third day of his state visit to Italy. “I hope I am not ruining Dante’s language to the point I will not be invited back to Italy,” he joked, as he delivered some of his speech in … Read more

Germany’s conservatives under Friedrich Merz have reached a deal with the Social Democrats to govern Europe’s biggest economy, five months after the previous government collapsed. Merz, 69, said their deal sent “a strong and clear signal” to Germans and the EU that Germany “will get a strong government capable of action”. The two sides have … Read more

U.S. oil prices continued to sink Wednesday morning, falling to about $56 a barrel as China said it would match President Trump’s tariffs blow for blow. The slide in crude prices signals deteriorating confidence in the strength of the economy. And while lower oil prices benefit consumers by, ultimately, reducing prices at the pump, they … Read more

Getty Images Canada says it has started imposing a 25% tariff on certain vehicle imports from the US, retaliating against a similar measure from its neighbour. The tariffs – or import taxes – will be paid by Canadians who buy some automobiles or their parts from the US. Confirming that the new taxes would apply … Read more