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US and Indonesia Finalize Deal to Reduce Tariffs to 19%

US and Indonesia have finalized a deal reducing tariffs to 19%, covering over 99% of US imports. The agreement includes tariff exemptions, market access improvements, and $38.4bn in business deals, aiming for mutual economic growth and stronger trade relations.

3 min read

Live Nation Reports Strong Ticket Sales Amid US Monopoly Lawsuit

Live Nation posted strong 2025 revenue and concert attendance despite a looming US monopoly lawsuit. The company highlights record ticket sales for 2026 but faces criticism over ticket prices and antitrust concerns.

3 min read

Lobbying Firm Co-Founded by Mandelson Prepares for Administration Amid Epstein Links

Global Counsel, co-founded by Peter Mandelson, is preparing for administration after client losses linked to Epstein revelations. Mandelson resigned from the board in 2024 and was dismissed as US ambassador in 2025 amid investigations.

2 min read

US Trade Deficit Reaches Record High Despite Trump's Tariffs

The US trade deficit hit a record $1.2 trillion in 2025 despite President Trump's tariffs, with imports and exports reaching new highs amid shifting trade patterns and ongoing legal challenges.

3 min read

Vertiv to Create Over 200 Jobs in Major North West Expansion

Vertiv plans to create at least 200 jobs across its facilities in Londonderry and Donegal, investing millions to meet rising AI-driven demand in data centre equipment.

3 min read

Warmer UK Winter and Tariff Changes Reduce Profits at British Gas Owner

Warmer UK weather and customers switching to fixed-rate tariffs led to an £80m profit drop for Centrica in 2025, despite British Gas growing its customer base.

1 min read

Finance Minister Faces Challenge Over Paused Business Rates Revaluation

Finance Minister John O'Dowd's pause of the Reval 26 business rates revaluation has sparked legal action from Omniplex cinemas, amid concerns over fairness and significant rate increases for hospitality businesses.

5 min read

£7.5m Allocated to Redevelop Former Peboc Chemical Site in Anglesey and Create Jobs

£7.5m secured to redevelop the former Peboc chemical site in Llangefni, Anglesey, aiming to create hundreds of jobs and meet growing demand for industrial units.

5 min read

Senegalese Farms Power UK Winter Vegetable Supply Amid Challenges

Two British-run farms in Senegal supply much of the UK's winter vegetables, employing 9,000 workers and leveraging irrigation near the Sahara. While economically beneficial, concerns remain over low wages and environmental impacts of long-distance shipping.

6 min read

eBay Acquires Popular Second-Hand Clothing App Depop for $1.2 Billion

eBay is acquiring Depop, a second-hand clothing app popular with Gen Z, for $1.2bn. Etsy is selling the UK-founded platform five years after buying it for $1.62bn. Depop has 7 million buyers and 3 million sellers, mostly under 34, and is growing rapidly in the US market.

2 min read

Trump Adviser Demands Discipline for Fed Economists Over Tariff Study

Trump economic adviser Kevin Hassett criticizes a Federal Reserve study on tariffs, calling for discipline of economists over findings that US firms and consumers bear most tariff costs amid ongoing legal and economic debates.

3 min read

Great Britain Household Energy Bills Set to Drop Nearly £117 Annually from April

Great Britain’s household energy bills are forecast to fall by nearly £117 annually from April after green subsidy costs are removed from domestic bills, according to Cornwall Insight. Despite the reduction, bills remain higher than pre-Ukraine invasion levels due to ongoing energy market and inf...

3 min read