Tom Espiner BBC business reporter Watch: ‘The country is going to boom’ after tariffs, says President Trump Global stocks have sunk, a day after President Donald Trump announced sweeping new tariffs that are forecast to raise prices and weigh on growth in the US and abroad. The S&P 500, which tracks 500 of the biggest…
A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange, March 1, 2018. Eduardo Munoz Alvarez / Getty Images The Magnificent Seven stocks collectively lost more than $1 trillion in Thursday trading, a stunning milestone that underscores how President Donald Trump’s tariff rollout crippled financial markets….
Tom Cruise has paid tribute to his Top Gun co-star Val Kilmer, who died earlier this week aged 65. Appearing at CinemaCon in Las Vegas, Cruise led a crowd in The Colosseum theatre in a moment of silence to “honour a dear friend of mine, Val Kilmer”. “I can’t tell you how much I admired…
Denmark will not give up Greenland to the US, Danish Prime Minister Mette Frederiksen has said during an official visit to the Arctic Island. Responding to repeated threats from Donald Trump, Frederiksen offered closer collaboration on security but told the US president: “You can’t annex other countries.” Frederiksen stood alongside Greenland’s Prime Minister Jens-Frederik Nielsen…
Roberto Cingolani, CEO of Leonardo. Bloomberg | Bloomberg | Getty Images ROME, Italy – European defense giant Leonardo hopes to present a satellite alliance with Airbus and Thales within months, the company’s CEO told CNBC, as the continent looks for alternatives to Elon Musk’s Starlink. Following months of talks, Leonardo’s Roberto Cingolani told CNBC: “At…
Social media influencers pose a “new and increasing threat” for uncontacted indigenous people, a charity has warned after the arrest of a US tourist who travelled to a restricted Indian Ocean island. Mykhailo Viktorovych Polyakov, 24, allegedly landed on North Sentinel Island in an apparent attempt to make contact with the isolated Sentinelese tribe, filming…
A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024. Maxim Shemetov | Reuters Eight key OPEC+ producers on Thuesday agreed to raise combined crude oil output by 411,000 barrels per day, speeding up the pace of their…
Boxes of Novo Nordisk’s weight-loss drug Wegovy in Oslo, Norway, Nov. 21, 2023. Victoria Klesty | Reuters Pharmaceutical companies breathed a sigh of relief Wednesday after U.S. President Donald Trump revealed that they would not be subject to reciprocal tariffs — but that reprieve could prove fleeting as the White House moves ahead with plans…
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City, on April 3, 2025. Charly Triballeau | Afp | Getty Images Small-cap stocks, which were once thought to be primary beneficiaries of President Donald Trump’s policies, entered bear market territory on Thursday after a…
Kennedy Gondwe BBC News, Lusaka Sista D The protesters handed a petition to Vice-President Mutale Nalumango Warning: This story contains distressing details. A protest march has been held in Zambia’s capital, Lusaka, against a recent spate of reports of men raping children. Over the last two months, Zambians have been shocked by several cases of…
