EasyJet Issues New Statement on Flights and Holidays
EasyJet reassures UK travellers with a new 'Book with Confidence Promise' amid jet fuel shortages, confirming no disruption to flights or package holidays.
Category : Trade
European Nations Face World Cup Losses Despite Fifa Prize Boost
Despite Fifa's $112m prize fund increase, major European countries expect to lose money at the World Cup due to high travel and hotel costs, with Uefa-led lobbying for merit-based payouts unsuccessful.
Trump to Hike EU Auto Tariffs to 25% Next Week
President Trump announced a 25% tariff on EU cars and trucks, effective next week, citing non-compliance with a trade deal. The move contradicts a prior 15% agreement and follows a Supreme Court ruling.
Global Shipping Carbon Fee Plan Preserved, Vote Postponed
Maritime nations agreed to keep working on a global carbon fee for shipping emissions, postponing a vote until fall. Alternative proposals remain on the table, sparking debate.
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Trump to Raise EU Auto Tariffs to 25% Next Week
President Trump announces a 25% tariff on EU cars and trucks, citing noncompliance with the Turnberry Agreement, despite a previous deal and Supreme Court ruling limiting tariffs.
Oil Falls on Iran Peace Offer; FTSE 100 Down 0.1%
Oil prices fell after Iran reportedly handed a new peace proposal to the US via Pakistan. The FTSE 100 closed down 14.89 points. UK manufacturing PMI hit 47-month high.
Swinney Claims Role in Trump's Whisky Tariff U-Turn
John Swinney says Donald Trump credited his intervention in scrapping whisky tariffs, sparking a political row with UK ministers who credit the King.
Fifa Ramps Up Luxury World Cup Hospitality Ticket Sales
Fifa is stepping up efforts to sell luxury hospitality tickets for the 2026 World Cup, with packages still available for 102 of 104 matches. A new 'suite essentials' category starts at $650.
Swinney Claims Credit as Trump Lifts Whisky Tariffs
John Swinney says his lobbying helped Trump decide to scrap whisky tariffs, but UK ministers and opposition credit King Charles III's US visit for the breakthrough.
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China Drops Tariffs on All African Nations Except One
China has removed tariffs on imports from 53 of Africa's 54 nations, excluding Eswatini due to its ties with Taiwan. The policy aims to boost trade and counter US protectionism.
Swinney: Trump noted my role in whisky tariff deal
John Swinney says US President Donald Trump indicated his 'significant influence' in scrapping tariffs on Scotch whisky, citing a Kentucky-Scotland deal. The First Minister welcomed the move but faced criticism from the Scottish Secretary.
Nottingham Forest join chase for Rangers teen Rice
Nottingham Forest are the latest club to show interest in Rangers midfielder Bailey Rice, 19, who is out of contract this summer. Schalke have made an initial offer, while Ajax also eye the Scotland U21 international.
China Scraps Tariffs for 53 African Nations, Excluding Eswatini
China has eliminated tariffs on imports from 53 African countries, extending duty-free access to all but Eswatini due to its Taiwan ties. The policy aims to boost African competitiveness and investment.
UK Faces Worst Jet Fuel Deficit in Europe Amid Iran War
Britain's jet fuel deficit is the largest in Europe, leaving it more exposed to supply disruptions from the Iran war due to low refining capacity, experts warn.
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Chery Seeks UK Citizenship with Local Manufacturing
Chinese car giant Chery plans deeper UK ties, including local manufacturing, reviving British brands, and closer JLR collaboration, after two PM meetings.
China Eliminates Tariffs on All African Imports Except Eswatini
China has removed import tariffs on goods from 53 African nations, excluding Eswatini, which maintains diplomatic ties with Taiwan. The policy aims to boost trade and investment.
End of US Whisky Tariffs Shows King's Soft Power
The removal of US tariffs on Scotch whisky, announced by President Trump after the King's visit, is hailed as a 'significant boost' to the industry, costing £150m in lost exports.
Dubai Restaurants Change Menus Amid Iran War Disruptions
Dubai chefs are revamping menus as the Iran war disrupts supply chains, with air freight costs soaring and the Strait of Hormuz blocked, challenging the $9.5bn restaurant market.
King Charles 'Raising a Dram' to Trump Over Whisky Tariffs
King Charles thanks Donald Trump for removing tariffs on Scottish whisky, a move credited to the royal couple's state visit. The decision boosts UK-US trade relations.
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Ukraine Strikes Oil Refinery, Environmental Crisis
Ukraine attacked Tuapse oil refinery for the fourth time, causing fire and environmental emergency. Russian drones hit Odesa, injuring 20. Russia announces ceasefire for Victory Day; Ukraine rejects short truce.
Trump Lifts Scotch Whisky Tariffs After King Charles Visit
Donald Trump removed tariffs on Scotch whisky in honor of King Charles's White House visit, boosting the struggling industry by ending a £4m weekly cost.
Santander Completes £2.9bn Takeover of TSB
Santander UK has finalised its near £3 billion acquisition of TSB, creating the UK's third largest bank for current accounts and fourth for mortgages, with 28 million customers.
Ukraine Strikes Russian Oil Refinery Again in Ceasefire Row
Ukraine hit a major Black Sea oil refinery for the fourth time, as Russia announced a temporary ceasefire for Victory Day, which Ukraine dismissed as insufficient.
EU-Mercosur Trade Deal Takes Effect Provisionally
The EU-Mercosur trade deal has taken provisional effect, creating a $22 trillion market. Supporters praise multilateralism while critics worry about competition and standards.
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Australia Secures Extra Fuel Amid Strait of Hormuz Plan
Australia secures 450 million litres of diesel and 100 million litres of jet fuel. Penny Wong confirms briefing on US-led plan to reopen Strait of Hormuz.
King toasts Trump's vow to lift Scottish whisky tariffs
Donald Trump announces removal of tariffs on Scottish whisky after King Charles and Queen Camilla's state visit, boosting UK-US trade relations.
King Charles toasts Trump after whisky tariff vow
Donald Trump announces removal of tariffs on Scotch whisky, crediting King Charles and Queen Camilla's intervention during their US state visit.
Trump to Remove Scottish Whisky Tariffs After Royal Visit
Donald Trump has announced the removal of tariffs on Scottish whisky following King Charles and Queen Camilla's US visit, citing the royals' influence.
Iran War Exposes Limits of US Economic Coercion Power
The US-Iran conflict reveals diminishing returns of sanctions, as Iran adapts and global dynamics shift. The ongoing blockade hardens resolve, while energy markets face blowback.
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Disney+ Wins Champions League Broadcast Rights Deal
Disney+ will broadcast live men's Champions League matches from 2027-28 in multiple markets, marking a shift from traditional TV to streaming platforms for European football.
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