UK Secures £3.7bn Gulf Trade Deal
The UK has finalised a free trade agreement with the Gulf Cooperation Council, boosting the economy by £3.7bn annually and removing tariffs on key exports.
Category : Trade
Reeves Uses Brexit Freedoms to Cut Food Tariffs
Rachel Reeves will cut tariffs on chocolate, biscuits, and other foods using Brexit freedoms to ease cost of living, despite past criticism of leaving the EU.
Sherritt Sells Cuba Mining Stake to Trump Ex-Advisor Firm
Canadian miner Sherritt International signs non-binding deal with Gillon Capital, linked to former Trump adviser Ray Washburne, for a 55% stake in its Cuba operations amid US sanctions.
UEFA Unveils Major Reforms for Euro Qualifiers and Nations League
UEFA introduces Champions League-style qualification for national teams ahead of 2030 World Cup, with Swiss system and revised Nations League format to boost competitive balance.
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Alaska Governor Calls Special Session for Gas Line Bill
Alaska Gov. Mike Dunleavy orders a special legislative session starting Thursday to advance a natural gas line bill, his top priority amid disagreements with lawmakers.
UK signs £3.7bn trade deal with Gulf states, first G7
The UK has become the first G7 country to agree a free trade deal with the Gulf Cooperation Council, expected to boost the economy by £3.7 billion annually and remove £580 million in duties.
UK First G7 to Sign Gulf Free Trade Deal Worth £3.7bn
The UK has signed a free trade agreement with the Gulf Cooperation Council, estimated to boost the economy by £3.7 billion annually, the first such deal by a G7 country.
Germany Urged to Wake Up to ‘China Shock 2.0’
A leading thinktank warns Germany risks deindustrialisation similar to the US in 2001, as China's surplus doubles and targets key industries like automotive and machine-building.
EU Ratifies US Trade Deal to Avert Trump Tariffs
The EU has agreed to implement its trade deal with the US after five hours of talks, aiming to avert further tariffs threatened by Donald Trump.
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Starmer Scraps Fuel Duty Rise, Extends Freeze
Keir Starmer announces extension of fuel duty freeze and vehicle tax break for hauliers, saving average driver £120 over two years, citing cost-of-living pressures.
Turkmenistan Slowly Opens Up: E-Commerce and Social Media Rise
Turkmenistan, one of the world's most isolated countries, is slowly opening up with a growing e-commerce scene and social media use, despite strict controls.
Power of Siberia 2 Pipeline Talks Stall on Pricing
Russia and China have reached a general understanding on the Power of Siberia 2 gas pipeline, but key details and pricing remain unresolved, delaying the massive project.
Stellantis and Dongfeng to Bring Voyah EVs to Europe
Stellantis signs deal with Dongfeng to sell premium Voyah electric cars in Europe via a new joint venture, with the UK likely to be included.
China to Buy 200 Boeing Jets After Trump-Xi Summit
China announces purchase of 200 Boeing aircraft and seeks extension of trade truce with US following high-level summit between Presidents Trump and Xi, aiming to stabilize bilateral relations.
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UK Eases Russian Oil Sanctions Amid Record Petrol Prices
The UK government has relaxed sanctions on Russian crude oil, allowing indefinite imports of jet fuel and diesel refined in third countries. Petrol prices hit 158.5p per litre, the highest since December 2022.
Putin's China Visit: Economic Realities Behind Charm
As Putin meets Xi in China days after Trump's visit, the economic dependencies and tensions among Russia, US, and China are laid bare.
UK Allows Diesel and Jet Fuel from Russian Oil Refined Abroad
Britain exempts imports of diesel and jet fuel made from Russian crude but refined in third countries, widening sanctions loophole. US extends waiver, EU criticizes move.
UK eases Russian oil sanctions as fuel costs surge
The UK quietly eases sanctions on Russian crude oil, permitting imports of jet fuel and diesel refined in third countries amid surging fuel costs and Middle East crisis.
Ryanair CEO Warns of Fare Rises Over Hormuz Blockage
Ryanair boss Michael O'Leary warns fares may rise if the Strait of Hormuz remains blocked, citing oil price concerns and potential airline failures across Europe.
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Schools Warned Over Pupil Image Risks Online
Experts caution schools against posting pupil images on websites due to privacy risks, including potential misuse and data protection violations.
HMRC Advice on Working While Receiving State Pension
HMRC has reminded Brits that they can work while claiming their State Pension, offering guidance on National Insurance and Income Tax rules.
Sally Rooney's Hebrew Novel with BDS-Compliant Publisher
Sally Rooney releases Hebrew translation of 'Intermezzo' through November Books, a BDS-compliant publisher, after rejecting a previous offer from a publisher with ties to the Israeli military.
Oslo-Berlin Direct Train to Launch in 2028 After 20 Years
A new direct rail service connecting Oslo and Berlin will launch in 2028, ending a 20-year gap. The 15-hour route via Hamburg, Copenhagen, and Malmö will run twice daily.
ITV Goes to New York for World Cup; BBC Stays in Salford
ITV unveils World Cup lineup with Strictly winner Karen Carney and Duncan Ferguson, broadcasting from New York. BBC opts for Salford studio to save costs.
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Malaysia Seeks $251M from Kongsberg Over Missile Deal
Malaysia seeks $251 million compensation from Kongsberg Defense after Norway revoked an export permit, blocking a naval missile system deal.
Shakira Wins €55M Tax Refund, Fires Shot at Spain
Shakira wins €55 million refund after Spanish court clears her of 2011 tax fraud. She celebrated with a Rihanna lyric, ending an eight-year legal battle.
NextEra to Buy Dominion in $67bn Deal
NextEra Energy will acquire Dominion Energy in a $67bn all-stock deal, creating the world's largest regulated utility serving 10 million customers amid surging AI-driven power demand.
Canada Hopes World Cup Can Boost Trade Deal with US, Mexico
Canada's sports minister believes hosting the 2026 World Cup could help secure a new trilateral trade deal with the US and Mexico, as talks resume amid tensions.
Modi's Austerity Signals Retreat from Neoliberal Globalisation
Narendra Modi's appeal for sacrifice amid surging energy prices reveals the fragility of globalisation, as war and dollar pressures force a strategic rethink in India and across Asia.
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Japan's Naphtha Shortage Fears: What You Need to Know
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