Trump hours away from unveiling global tariffs As part of his so-called “liberation day”, Donald Trump is set to unveil new details of part of his economic plan, including tariffs on multiple countries, at 4pm ET today. Although exact details have yet to be revealed, Trump has previously entertained the idea of reciprocal tariffs in…

A few years ago, the Harvard professor Michael Sandel used an episode in his Radio 4 series The Public Philosopher to discuss perspectives on the value of work. Canvassing the views of a Dagenham audience ranging from low-paid retail employees to white‑collar professionals, Prof Sandel drew two principal conclusions: work was widely viewed as a…

“We purchase and pay for a resilient setup from our suppliers,” Thomas Woldbye, Heathrow’s under-pressure chief executive, told the transport select committee, adding that the airport racked up energy costs of £135m a year. “Are we then also supposed to have a setup next to it? And then we would have to have a whole…

Donald Trump is sending shock waves through the global economy by waging trade wars with the US’s traditional allies and enemies alike. The president is using tariffs – border taxes levied on imports – to tackle what he sees as “unfair” trading practices by US trading partners. The aim is to promote US manufacturing by…

UFC CEO Dana White, left, and Meta CEO Mark Zuckerberg attend the UFC 300 event at T-Mobile Arena in Las Vegas, Nevada, April 13, 2024. Jeff Bottari | Ufc | Getty Images TKO Group’s UFC has struck a multimillion-dollar, multiple-year partnership deal with Meta that will bring the mixed martial arts league closer to Mark…

The former chief executive of Barclays Jes Staley took a “chance” in lying to the UK regulator about his relationship with Jeffrey Epstein, amid fears that being truthful could end his career and fuel potential lawsuits by victims of the jailed paedophile, a court has heard. The allegations were made by the Financial Conduct Authority…

A Boeing 787 Dreamliner operated by United Airlines takes off at Los Angeles International Airport (LAX) on January 9, 2013 in Los Angeles, California. David McNew | Getty Images United Airlines plans to add daily flights to Vietnam and Thailand in October, further expanding the network for the U.S. carrier that already has the most…

Tesla reported a 13% drop in vehicle sales in the first three months of the year, making it the electric vehicle maker’s worst quarter since 2022. It’s another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers. The drop is likely due to a combination of factors, including its ageing…

Name: Flip-flops. Age: They date from 1500BC, although the modern version is adapted from Japanese thonged sandals called zori, brought back by US soldiers returning from the second world war. Appearance: Flat-soled footwear featuring a bifurcated strap with three anchor points. Price: £670. £6.70? I know a petrol station where you can get them for…

The UK prime minister, Keir Starmer, has said the government will take its time in responding to the announcement from the US president, Donald Trump, that he will levy new tariffs on goods imported to the US Trump’s ‘liberation day’ tariffs: what’s at stake for UK and EU? Trump set to announce new round of…