Workers walk past manufacturing equipment at Eli Lilly & Co. manufacturing plant in Kinsale, Ireland, on Sept. 12, 2024. Lilly has been bulking up its production capacity since 2020, investing more than $17 billion into developing new plants and expanding existing facilities for the weight-loss and diabetes drugs that are expected to become some of … Read more
United States President Donald Trump has signed a plan rolling out increased import duties for every trading partner that taxes US imports, stating that he was doing so to bring a sense of “fairness” to commerce. Sitting in the Oval Office on Thursday, Trump described the tariffs as reciprocal, meaning that the US would automatically … Read more
Tesla and SpaceX CEO Elon Musk delivers remarks as he joins U.S. President Donald Trump during an executive order signing in the Oval Office at the White House on February 11, 2025 in Washington, DC. Andrew Harnik | Getty Images DUBAI, United Arab Emirates — The U.S. government needs to “delete entire agencies” in a … Read more
Copenhagen, Denmark – To Donald Trump, the United States president who presents himself as an adept dealmaker, Greenland appears to be an irresistible opportunity. He has long said he wants to buy the vast, semi-autonomous icy island that is part of Denmark, rich in untapped mineral resources and home to about 56,000 people. In 2019, … Read more
NewsFeed The White House spokeswoman says President Donald Trump had “a lengthy and highly productive phone call” with leaders in Russia and Ukraine and is looking to bring Russia’s war in Ukraine to a “successful conclusion”. Published On 12 Feb 202512 Feb 2025
The consumer price index rose 0.5% in January, and is up 3.0% over the last 12 months, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting a monthly rise of 0.3% and a 2.9% increase year over year. Core CPI, which excludes volatile food and energy prices, rose 0.4% for … Read more
President Donald Trump greets General Motors CEO Mary Barra (R) prior to a meeting with automobile industry leaders in the Roosevelt Room of the White House in Washington, DC, January 24, 2017. Saul Loeb | AFP | Getty Images DETROIT — General Motors believes it can mitigate up to 50% of potential tariffs President Donald … Read more
The billionaire Trump ally has pushed back at criticism over transparency, saying his department’s work is ‘common sense’. President Donald Trump’s adviser Elon Musk made a rare public appearance at the White House on Tuesday to defend the swift and extensive cuts he’s pushing across the federal government, amid concerns that he’s amassing power with … Read more
The US Navy described its patrol as a ‘routine’ exercise through the international waterway. China’s military has accused the United States of engaging in risky behaviour in the Taiwan Strait after two US naval ships transited the international waterway. The Chinese People’s Liberation Army (PLA) said it had monitored the movements of the USS Ralph … Read more
U.S. Secretary of the Treasury Scott Bessent speaks, at the White House, in Washington, U.S. February 3, 2025. Elizabeth Frantz | Reuters U.S. Treasury Secretary Scott Bessent will head to Ukraine for discussions about the war with Russia, U.S. President Donald Trump announced Tuesday. Trump said in a post on Truth Social that Bessent will … Read more