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Trump threatens China with additional 10% tariff in escalation of trade war | Trump tariffs newsthirst.

Donald Trump has threatened China with an additional 10% tariff on its exports to the US, setting the stage for another significant escalation in his trade war with Beijing. The US president also claimed that he plans to impose tariffs on Canada and Mexico starting next Tuesday, having delayed their imposition last month following talks…

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Austrian centrist parties reach deal to form government without far right | Austria newsthirst.

Five months after the far-right Freedom Party (FPÖ) finished first in parliamentary elections, Austria’s three leading centrist parties have reached agreement to form a new government without it. The centre-right People’s party (ÖVP), Social Democrats (SPÖ) and liberal Neos, whose first attempt at forming a coalition failed in January, unveiled a 200-page programme aimed mainly…

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Ocado to cut 500 technology and finance jobs as AI reduces costs | Ocado newsthirst.

Ocado is to cut hundreds jobs in its technology teams as part of the loss-making online grocery specialist’s efforts to reduce costs using artificial intelligence to help with research and engineering. The company, which employs 20,000 people, said AI had helped improve the productivity of its engineering team, enabling it to cut 500 roles across…

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Ban pornography depicting strangulation, review urges UK ministers | Pornography newsthirst.

Pornography depicting strangulation should be made illegal along with other kinds of “legal but harmful” sexual material, according to an independent government review. The recommendation is one of 32 made to the UK government by the Conservative peer Gabby Bertin, who was commissioned by the former prime minister Rishi Sunak to scrutinise the industry in…

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Minister ‘sets path’ to allow Gatwick to open second runway | Gatwick airport newsthirst.

Gatwick has been given qualified consent to operate a second runway after the government “set out a path to expansion” for London’s second biggest airport. The transport secretary, Heidi Alexander, was “minded to approve” the £2.2bn expansion scheme, according to a government source, but has yet to ratify the development consent order that could allow…

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Rolls-Royce brings back dividend and announces £1bn share buyback | Rolls-Royce newsthirst.

Rolls-Royce has said it will return £1.5bn to shareholders as the British jet engine manufacturer paid its dividend for the first time since the coronavirus pandemic. The FTSE 100 company announced on Thursday its underlying operating profits rose 55% in 2024 to £2.5bn, as it upgraded its guidance for future earnings. Rolls-Royce made underlying sales…

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Transgender US military personnel must be identified and stood down, says Pentagon memo | Trump administration newsthirst.

Transgender service members will be separated from the US military unless they receive an exemption, according to a Pentagon memo filed in court on Wednesday – essentially banning them from joining or serving in the armed forces. Donald Trump signed an executive order in January that took aim at transgender troops in a personal way…

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