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      Diageo, Burberry rally after Trump tariff ruling

      As well as Guinness, Diageo also owns Johnnie Walker, the world's best-selling Scotch Whisky

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  • Dollar slides as ‘loss of confidence’ in US policy spikes debasement fears

    Economics

    The US dollar had its worst day since President Donald Trump’s ‘Liberation Day’ tariff onslaught on Tuesday as investors dumped their exposure to the greenback. The DXY index – which tracks the dollar against a basket of other currencies – has slumped over two per cent since the beginning of the year. Amidst the dollar [...]

    Governments' debts from inter-state disputes accumulating over $80bn
  • Google dodges Chrome breakup, but faces new pressures

    Tech

    Alphabet’s Google scored a partial victory in Washington after a US federal judge ruled it will not be forced to sell its Chrome browser or Android operating system as part of a landmark antitrust case. But the court stopped short of giving the tech giant a free pass, ordering it to share search data with [...]

    The Competition and Markets Authority said they've heard complaints Google's search advertising costs are higher than expected
  • Elon Musk: Judge rules billionaire’s DOGE role is permanent

    Tech

    A federal judge in Washington, DC has ruled that Elon Musk holds a “continuing and permanent” role within the federal government and DOGE, rejecting the White House’s claim that the billionaire entrepreneur was merely serving in an advisory capacity. The decision allows a high-profile lawsuit brought by 14 US states to move forward against Musk, [...]

    Elon Musk and Donald Trump are engaged in an explosive war of words
  • Apple slammed for App Store violations in Fortnite case

    May 1, 2025

    A US federal judge has found Apple in a wilful violation of a court order requiring it to ease restrictions on app developers, marking a major development in the long-running legal battle with Fortnite creator, Epic Games. The ruling paves the way for the return of Fortnite to the iOS App Store in the US. [...]

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