Tariff talks to dominate IMF-World Bank meetings April 21, 2025 Finance ministers are poised to use this week’s International Monetary Fund (IMF) and World Bank’s gathering to strike up trade deals with bilateral partners as uncertainty continues to swirl around Donald Trump’s tariff plan. Senior politicians and economic heavyweights are flocking to Washington for the biannual gathering put on by the two global agencies, with [...]
Silence over lamb: The terrible politics of the dinner table April 12, 2025 Why is the dinner table the setting for so many epic family battles? Anna Wolfe explores the psychology of dining and asks if boomers and Gen-Z are destined to clash over roast potatoes Sunday lunch, a cherished ritual where families gather to share a meal, exchange pleasantries, and, more often than not, step into a conversational [...]
OpenAI cuts safety tests in ‘reckless’ AI push April 11, 2025 OpenAI has slashed the time it will spend testing its most powerful artificial intelligence (AI) models, raising concern that the $300bn company is prioritising speed over safety in the global AI arms race. Once known for its rigorous approach to AI risk, OpenAI is now giving safety evaluators just days – sometimes even less than [...]
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 [...]
OpenAI countersues Musk as Altman feud escalates April 10, 2025 OpenAI has filed a counter-lawsuit against Elon Musk accusing the Tesla and X chief of attempting a hostile takeover. The claim, under “further unlawful and unfair action”, also cited orchestrating a campaign of harassment, designed to derail the AI company’s transition to a for-profit model. The legal filing, submitted on 9 April, 2025, in a [...]
S&P 500 and Dow Jones bounce back as FTSE 100 makes further gains April 8, 2025 Global markets were in recovery on Tuesday, as the S&P 500 and Dow Jones jumped on open and the FTSE 100 scraped further gains in the afternoon. The Dow rebounded 1,300 points – a more than three per cent surge. The S&P 500 and the tech-heavy Nasdaq were each up over three per cent, while [...]
Musk’s personal appeal to Trump fails as tariff war spirals April 8, 2025 Elon Musk, the world’s richest man and a key adviser to Donald Trump, made a direct appeal to the US president over the weekend, urging him to reconsider his administration’s aggressive tariff plans. Musk’s appeal, initially reported by the Washington Post, comes as Trump threatened to impose additional tariffs, including a 50 per cent tariff [...]
Trump tariffs hit big tech as stocks tumble for third session April 7, 2025 The US tech sector has been hit by newly imposed global tariffs from Donald Trump’s administration, as the president holds firm on his aggressive trade policies. The latest rounds of tariffs, which began with an initial unilateral 10 per cent tariff on a wide array of goods, sparked severe market reactions, especially among the so-called [...]
Musk turns on Trump amid tariff fallout April 7, 2025 Elon Musk, once one of Donald Trump’s most high profile allies, is now publicly breaking ranks with the President over a new wave of tariffs. Once lauded by Trump as a “patriot”, and trusted with a role in streamlining the federal government, Musk is now casting doubt on the administration’s economic direction, openly challenging the [...]
Musk advocates for ‘effective free-trade zone’ between the US and Europe April 6, 2025 Elon Musk has voiced his support for an “effective free-trade zone” between Europe and the US, days after US President Donald Trump imposed a sweeping set of tariffs on the world. Trump placed a 20 per cent tariff on most EU goods going into America on April 2, as well as a range of tariffs [...]