business

The US state department has reinstated the “foreign terrorist organization” designation for Yemen’s Iran-backed Houthi group, fulfilling an order announced by Donald Trump shortly after he took office. The US secretary of state, Marco Rubio, announced on Tuesday the department had restored the designation, which carries with it sanctions and penalties for anyone providing “material … Read more

Volodymyr Zelenskyy has proposed a possible peace plan to end the war in Ukraine, saying he was willing to work “constructively” under Donald Trump’s “strong leadership” and to sign a deal giving the US access to his country’s mineral wealth. In an attempt to mend fences with Washington after Trump abruptly suspended supplies of military … Read more

Robert F Kennedy Jr, the US health secretary, has caused alarm among pediatricians, vaccine experts and lawmakers with an opinion piece that focuses on vitamin A and nutrition as treatments for measles. In response to a measles outbreak in Texas, which resulted in the first American measles death in nearly a decade, Kennedy wrote for … Read more

Trade unions declared victory on Tuesday as Labour bolstered a string of measures in its workers’ rights bill, amid criticism of the government from business groups saying there had been no “meaningful change” despite engagement. Union sources said they were delighted that there had been no watering down of any key measures in the employment … Read more

Hong Kong’s CK Hutchison Holdings said on Tuesday a consortium including BlackRock Inc would buy an 80% stake in a unit that controls ports in Panama for an equity value of $14.21bn. The sale of 90% interest in Panama Ports Company, which owns and operates the ports of Balboa and Cristobal, comes as the US … Read more

Mexico president vows to respond to tariffs on Sunday Mexican president Claudia Sheinbaum said she will outline her country’s response to Donald Trump’s tariffs on Sunday, Reuters reports. While China and Canada quickly announced plans for retaliatory levies on US goods, Mexico has so far held off, but Sheinbaum said she would detail tariff and … Read more

Americans have been warned to brace for higher prices within days after Donald Trump pulled the trigger on Monday and imposed US tariffs on goods from Canada and Mexico, and hiked tariffs on China. Global stock markets came under pressure again on Tuesday, with leading indices falling sharply – and the benchmark S&P 500 losing … Read more

Taiwan’s government has promised its most advance semiconductor technology will not be moved to the US under a new $100bn (£79bn) deal signed between the chip maker TSMC and Donald Trump, amid accusations that it is allowing the island’s national security to be undermined. The government said the deal must still go through government assessments, … Read more

Warning: this article contains graphic details that some readers may find disturbing A man accused of killing his housemate in a “brutal attack” and scattering his body parts across parks and nature reserves in Greater Manchester sent text messages from the dead man’s phone in an effort to cover up the murder, a court has … Read more

Jagtar Singh Johal, the British human rights activist accused of terrorism has been acquitted on all charges in a case in Punjab, after a court rejected the allegations against him made by Indian authorities. Johal has been held in detention for seven years awaiting judgment, but must remain in prison since he is facing eight … Read more