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China accuses US of ‘double standards’ over tariff threat
Posted onDonald Trump’s latest threat to impose an additional 100% tariff on Chinese goods is “a typical example of US double standards”, China’s government has said. A Commerce Ministry spokesperson also said China could introduce its own unspecified “countermeasures” if the US President carries out his threat, adding it was “not afraid” of a possible trade…
Walmart chief Doug McMillon retiring after more than a decade
Posted onWalmart chief executive Doug McMillon will retire from his post in January, handing over the reins to a longtime deputy. The 59-year-old is stepping down after more than a decade at the helm of the world’s largest retailer, a period when it successfully expanded its online operations, while scaling back riskier international units. He will…
Spending without thinking is a risk with unlimited contactless cards
Posted onKevin PeacheyCost of living correspondent and Tommy LumbyBusiness data journalist Getty Images Spontaneous spending is likely to rise if the limit on contactless cards is increased or scrapped entirely, academics say. At present, the need to press a four-digit PIN for purchases over £100 gives people a timely prompt about how much they are paying,…
Private jets: How plane makers are chasing Asias super-rich
Posted on“Here in Asia, and especially South East Asia, we’re particularly busy right now. Our market share is growing. We’re delivering more airplanes into the region… we’re very busy in Vietnam. In Singapore, Indonesia, Malaysia, Australia, New Zealand,” Scott Neal of Gulfstream said.
Pensioners in Gloucestershire fear rising food costs
Posted onDaisy BodkinGloucestershire BBC Ms George says she shops around to find bargains Valerie George, 78, says she can no longer afford the food she used to buy due to the rising prices. Ms George who lives in Abbeydale, Gloucester says she does not buy as much meat any more because she “just can’t afford it”…
A Lament of Fire in the Skies of Dubai: The Tejas Tragedy Leaves the Air Heavy with Sorrow
Posted onThe Dubai Air Show was shaken from its usually immaculate rhythm when an Indian Air Force Tejas light combat aircraft plunged from the sky in a near-vertical fall and exploded into a towering fireball beside the runway. What had begun as a polished solo display transformed within seconds into a scene of chaos as emergency…
