Ursula von der Leyen (CDU, r), President of the European Commission, stands in the plenary chamber of the European Parliament. Philipp von Ditfurth | Picture Alliance | Getty Images The European Union plans to retaliate against the United States for new steel and aluminum tariffs, adding another element to rising global trade tensions. “Unjustified tariffs…
EU vows to respond firmly to ‘unjustified’ tariffs The European Union has vowed to respond firmly to ‘unjustified’ tariffs imposed by the US, a move that threatens to spark a transatlantic trade war. In a statement released after Donald Trump signed off 25% tariffs on steel and aluminium tariffs, European Commission President Ursula von der…
Kosovo’s ruling Vetevendosje party was on track to win the country’s parliamentary election, but will need to negotiate a coalition with other parties to form a government, exit polls and preliminary results showed. With 73% of the votes counted, prime minister Albin Kurti’s leftist Self-Determination Movement Party, or Vetevendosje, had won 41.99%. The election result…
Jobseekers talk to recruiters during the New York Public Library’s annual Bronx Job Fair & Expo at the Bronx Library Center in the Bronx borough of New York, US, on Friday, Sept. 6, 2024. Yuki Iwamura | Bloomberg | Getty Images Unemployment among Black men surged in January as the number of those looking for…
Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Affirm shares jumped 20% on Friday after the buy now, pay later company topped Wall Street’s fiscal…
Job creation was lower than expected in January, though the unemployment rate edged down and worker wages rose sharply, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls climbed by a seasonally adjusted 143,000 for the month, down from an upwardly revised 307,000 in December and below the 169,000 forecast from Dow Jones. The unemployment…
The estate of the late funk superstar Prince has successfully blocked the release of a nine-hour Netflix documentary about him, made by the Oscar-winning creator of OJ: Made in America. Netflix said in a statement to the Minnesota Star Tribune: “The Prince Estate and Netflix have come to a mutual agreement that will allow the…
Nissan is preparing to pulling out of merger talks with Honda in order to try to find another partner to help with the shift towards electric vehicles. The two Japanese automotive firms revealed in December that they were considering a merger, alongside Mitsubishi, to create the world’s third-largest carmaker in terms of annual sales. However,…
The UK’s science minister, Chris Bryant, has described AstraZeneca’s decision to scrap plans for a £450m expansion of its vaccine plant in Merseyside as “deeply disappointing”. The pharmaceutical company announced on Friday that it was axing the planned expansion of its factory in the Liverpool suburb of Speke, citing factors “including the timing and reduction…
An 18-year-old British man was killed in a Russian drone strike, just minutes into his first mission after volunteering to fight in Ukraine. James Wilton, from Huddersfield, in West Yorkshire, was 17 when he left the UK to fight against Russia, flying from Manchester to Poland before crossing the border into Ukraine. Wilton, who had…
