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Kevin Warsh Confirmed by Senate as Trump’s Federal Reserve Chair Pick

Kevin Warsh was confirmed by the Senate as Federal Reserve chair, succeeding Jerome Powell amid inflation and geopolitical tensions. His confirmation was narrowly approved with a largely partisan vote.

3 min read

Nissan Considers Producing Cars for Chinese Brands at Sunderland Plant

Nissan CEO Ivan Espinosa confirms talks with Chinese automaker Chery to build cars at Sunderland plant amid financial losses and industry shifts toward factory sharing with Chinese firms.

4 min read

Global Oil Stocks Plunge Amid Iran Conflict; UK Bond Recovery Stalls

Global oil inventories are depleting rapidly due to the Iran war, while UK bond yields fluctuate amid political uncertainty and leadership challenges within Labour. Analysts warn of fiscal risks and market volatility ahead.

13 min read

Hari Gwilym, 9, Turns Golf Passion into Thriving Mobile Mini Golf Business

Hari Gwilym, a nine-year-old from Ynys Môn, has created a mobile mini golf business used at local events, developing valuable skills and earning enough to buy a quad bike.

3 min read

Coalition Vows to Repeal Tax Reforms as Budget 2026 Sparks Mixed Reactions

The Coalition vows to repeal Labor's tax reforms amid mixed reactions to Budget 2026, while Australia commits military support to the Strait of Hormuz mission. Key figures defend and critique housing and tax policies.

10 min read

eBay Declines $55.5bn Acquisition Bid from GameStop

eBay has rejected GameStop's $55.5bn takeover bid, citing concerns over financing, operational risks, and governance. Despite challenges, eBay's turnaround plan remains on track, while GameStop considers next steps.

2 min read

US Inflation Rises to 3.8% Amid Energy Cost Surge from Iran Conflict

US inflation rose to 3.8% in April, driven largely by surging energy costs linked to the Iran conflict, marking the fastest increase since May 2023 and impacting economic and political outlooks.

2 min read

US Inflation Hits 3.8% in April Amid Ongoing Middle East Conflict

US inflation rose to 3.8% in April, the highest since 2023, driven by Middle East conflict impacting energy prices. Global inflation rises as Fed debates interest rate cuts.

3 min read

UK Government Borrowing Costs Surge Amid Uncertainty Over PM Sir Keir Starmer's Future

UK government borrowing costs surged to near 2008 crisis levels amid uncertainty over PM Sir Keir Starmer's future, with markets unsettled by potential leadership change and inflation risks from the Iran war.

3 min read

UK Long-Term Borrowing Costs Reach Highest Since 1998 Amid Starmer Leadership Pressure

UK long-term borrowing costs have reached their highest levels since 1998 amid growing pressure on Prime Minister Keir Starmer to resign, driving up gilt yields and weakening the pound amid political uncertainty.

7 min read

Calbee Adopts Black and White Packaging Amid Iran War Ink Supply Disruptions

Japanese snack maker Calbee will temporarily use black and white packaging for 14 products due to ink ingredient shortages caused by the Iran war disrupting supplies through the Strait of Hormuz.

3 min read

Dua Lipa Sues Samsung for $15M Over Unauthorized Use of Her Image on TV Boxes

Dua Lipa has sued Samsung for $15 million, alleging unauthorized use of her image on TV packaging sold in the US, citing copyright and trademark infringement.

2 min read