Canada will deal with US ‘on our terms’, Carney tells BBC
Speaking exclusively to the BBC, Canada’s PM says he will only visit the US when there is a “serious discussion to be had”.
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Amazon denies planning to publish tariff costs on main site, as White House blasts ‘hostile and political’ act – business live
Rolling coverage of the latest economic and financial news
UK grocery inflation has edged up this month, as consumers are hit by rising food prices.
Data provider Kantar has reported that supermarket prices rose by 3.8% per year in the four weeks to April 20, up from 3.5% a month earlier.
“Chocolate confectionery prices rose by 17.4% this period, the fastest of any category, but that didn’t stop the British public treating themselves this Easter. The volume of chocolate eggs sold through supermarket tills still grew by 0.4% on last year, while at the dinner table lamb was the most popular fresh meat joint, followed by beef and pork.
Some households chose to indulge in less seasonal fare as the sun came out and they dusted off the barbecue, with burger sales shooting up by 31% over the last month.”
The way in which regulations are being applied to bioethanol is undermining the commercial viability of our business. We are having constructive discussions with the UK Government to explore regulatory options to improve the position. There is no guarantee that these discussions will be successful, and we will either mothball or close the Vivergo plant if necessary.
Trump plans to ease tariff impact on US carmakers
President will ease some duties on foreign parts in domestically manufactured cars, administration says
Donald Trump will unveil plans to water down his sweeping tariffs for US carmakers on Tuesday by curbing some duties on foreign parts, granting a reprieve to an industry that warned his strategy would hike costs for American manufacturers by tens of billions of dollars.
The White House trailed the deal on Monday and while details were scarce, Trump appears to be preparing to reprieve auto giants operating in the US from the his aggressive trade strategy. Officials said he would sign an executive order later on Tuesday.
Consumer outlook hits lowest since 2011 as tariff fears mount, Conference Board survey shows
Consumer attitude about both the present and near future dimmed again in April.
Elliott’s activist bet on BP goes from slick to slippery
Oil major’s turnaround depends to some extent on the world remaining relatively predictable
Trump’s first 100 days mark worst for US stock market since Gerald Ford
S&P 500 on course to lose 8% since inauguration day in weakest start to a presidency since 1970s