Royal Mail and DHL halt some US deliveries over tariffs
Services including Royal Mail and DHL say they are suspending deliveries until they have proper systems in place. Source: Original News
Category: Business
Read More
Fed chair Powell boosts expectation of US rate cut
Jerome Powell appeared to back a cut to borrowing rates and played down long term inflation risks in his annual speech at Jackson Hole. Source: Original News
White House announces chipmaker Intel to give US government 10% stake
President Trump earlier said the company’s CEO agreed to the deal in a recent meeting at the White House. Source: Original News
‘Significant disruption’ as CrossCountry trains cut
RMT members will walk out on Saturday and Monday, but Sunday trains could also be cancelled. Source: Original News
Travellers warned of bank holiday disruption
A rail strike and works are expected this weekend as millions begin their bank holiday getaways. Source: Original News
Elon Musk and X reach settlement with axed Twitter workers
Ex-Twitter staff sued the platform after some 6,000 employees were sacked in 2022. Source: Original News
Tube staff to strike over pay and work conditions
RMT union members will strike from Friday 5 September for seven days. Source: Original News
Trump backs down from 250% EU pharma tariff in deal
The US and EU have released details of the new trade deal reducing tariffs between the two partners. Source: Original News
UK’s third-largest steelworks collapses into government control
Hundreds of Liberty Steel workers in Rotherham and Sheffield face an uncertain future. Source: Original News
Microsoft boss troubled by rise in reports of ‘AI psychosis’
Mustafa Suleyman said there was still “zero evidence of AI consciousness today”. Source: Original News