Britain’s embattled statistics agency is cutting back on data deemed to be non-essential after the accuracy of key economic estimates was thrown into doubt by a slew of problems.
Paul Hastings, the law firm with longstanding links to Abu Dhabi, is opening an office in the city to capitalize on its multibillion-dollar push into sectors like artificial intelligence, energy, and infrastructure.
US bank stocks suffered their worst quarterly loss since the regional banking crisis two years ago on concern that President Donald Trump’s trade war will derail the economy.
Switzerland may have expected to get off lightly from Donald Trump’s tariff salvo given its lighter touch approach to regulation and skepticism toward the European Union. Instead, it’s been slapped with one of highest levies on the continent, raising concern for key industries.
US automakers are making a last-ditch effort to sway the Trump administration on tariffs set to take effect this week, contending that levies on the thousands of parts they source abroad could have catastrophic effects on the industry.