Business

Meta Transforms Design Approach with Apple’s Alan Dye Appointment

Meta is transforming its design approach with the appointment of Alan Dye from Apple. Dye, who has been Apple's head of user interface design since 2015 and spent nearly 20 years with the company, will join Meta on December 31st. Apple confirmed the transition, with CEO Tim Cook announcing Stephen Lemay as Dye's successor. Mark Zuckerberg revealed details of Dye's new role through a post...

Export Sector Relief Within Reach as US Trade Team Heads East

Next week will mark another significant chapter in US-India trade relations as a Trump administration delegation prepares to visit New Delhi for ongoing negotiations. Deputy US Trade Representative Rick Switzer will head the American team in discussions aimed at establishing a workable trade framework that benefits both economic powers. A US official verified the upcoming travel plans while speaking on condition of anonymity, though specific...

Senior Government Advisers Led Complex Pharmaceutical Negotiations

Britain has entered into a pharmaceutical trade agreement with the United States that commits the National Health Service to increasing expenditure on innovative medicines...

Billions Flow Into UK as JP Morgan and Goldman Sachs Expand London and Birmingham Operations

Two major US banks have revealed sweeping new UK investments, just hours after the government confirmed it would not raise banking taxes. The announcements...

Luxury Car Ban Accompanies British Manufacturing Push in Disability Scheme

The framework for providing vehicles to disabled drivers through Motability is experiencing fundamental transformation with far-reaching implications. The scheme will eliminate luxury car brands...

China Achieves Poverty Miracle While U.S. Inequality Worsens

China’s successful campaign against extreme poverty is unprecedented. Within 30 years, it lifted nearly a billion people above a survival-level income. The U.S., despite its...

US Tariff Caution Grows as Officials Seek to Balance China Relations and Domestic Costs

The US government is moving more slowly on semiconductor tariffs amid internal concerns about provoking a backlash from China and raising consumer prices. People familiar...

Primary Steelmaking: The Sticking Point in Scunthorpe’s EAF Transition

The single biggest sticking point in the government's new plan for Scunthorpe is the "primary steelmaking" capability. Business Secretary Peter Kyle's backing for electric...

Atlanta Fed Chief Bostic to Retire; Trump Will Not Pick Successor

Raphael W. Bostic, the head of the Federal Reserve Bank of Atlanta, will retire in February. While his departure creates a new vacancy on...

SoftBank Offloads Nvidia Holdings, Bets on AI’s Software Future

SoftBank has divested its $5.8 billion Nvidia stake, redirecting those funds toward its growing investment in OpenAI. The shift highlights how the conglomerate is...

“Rolling and Growing” Tariff List Undermines US-EU Trade Deals

European fears of a "rolling and growing" US tariff list are being realized as the Commerce Department considers adding 700 new items for "steel...

Frenemies: Apple’s New Siri to Run on Google’s $1B Gemini Engine

In the ultimate "frenemy" move, Apple is paying Google $1 billion a year to power its new Siri. This deal will see Google's "ultrapowerful"...

“Total Size,” “Dilution,” “Risk”: Why Norway’s Fund Said No to Musk’s $1T

Norway's sovereign wealth fund has outlined three core reasons for rejecting Elon Musk's $1 trillion pay package: its "total size," the "dilution" of other...

Sinopec and PetroChina’s “No Thanks” to Russian Oil

China's state-owned oil giants, Sinopec and PetroChina Co., are saying "no thanks" to Russian oil. The firms are canceling cargoes and staying on the...