Polestar takes advantage of Tesla sales slump April 10, 2025 Polestar is benefitting from Tesla’s well-publicised slump as it revealed a huge growth in global sales for the first three months of 2025. The Swedish company, which is listed on the US Nasdaq, has sold an estimated 12,304 cars since the turn of the year, 76 per cent up compared to the same period in [...]
Nvidia shares skyrocket but tariffs still threaten AI boom April 10, 2025 Shares in AI giant Nvidia have skyrocketed by almost a fifth after President Donald Trump paused his sweeping new tariffs for 90 days. The move brought a brief, albeit potent, reprieve for Wall Street, triggering the Nasdaq’s largest single day gain in nearly a quarter of a century and reigniting investor appetite for the battered [...]
Rolls-Royce: Shares in FTSE 100 giant rocket April 10, 2025 Shares in FTSE 100 giant Rolls-Royce are on the march and have now recovered more than half the value they lost in the wake of President Donald Trump’s tariff announcements. Shares in the Derby-headquartered group are now trading at around 734p, up more than 10 per cent since the start of trading today. That is [...]
Next: Boss of FTSE 100 giant rewarded after £1bn profit April 10, 2025 The chief executive of FTSE 100 giant Next took home almost £5m as the high street icon’s profit surged to more than £1bn for the first time. Lord Simon Wolfson took home a total pay packet of £4.72m for the Leicester-headquartered retailer’s latest financial year, up from £4.63m. The CEO’s remuneration package included a salary [...]
Trump must decide what tariffs are for – Private equity chief April 9, 2025 President Donald Trump must decide what his sweeping tariffs are for in order to rescue markets from their ongoing collapse, a private equity chief has said. “The markets are in turmoil because they aren’t sure what we’re solving for, because the messages have been quite mixed,” Hamilton Lane co-CEO Erik Hirsch told City AM. Trump [...]
Tariffs: How much will you now have to pay for an iPhone? April 9, 2025 The price of owning the latest iPhone is about to get even more expensive, thanks to President Donald Trump’s new tariffs on Chinese imports. While the leading tech giant Apple has weathered previous storms with strategic negotiations and supply chain ingenuity, this new wave of tariffs presents a serious test to their pricing strategy. So, [...]
Method in Trump’s madness? What economic theory teaches us about tariffs April 9, 2025 Trump's tariffs have sent the world into a frenzy but there could be method yet. Economic theory shows that tariffs reduce prices, writes Paul Ormerod.
UK tech startups sound alarm over US tariffs April 8, 2025 The UK’s small and medium-sized tech firms have raised concerns following President Donald Trump’s imposition of a 10 per cent tariff on British goods entering the United States. As part of a sweeping trade shift dubbed ‘Liberation Day’ by the Trump administration, these new levies have injected uncertainty over UK-US economic relations, provoking anxiety among [...]