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US tariff policy hasnt changed, says Trumps trade representative
Posted onOn the day that Trump announced the IEEPA tariffs last April, the tariffs on his products went from zero to 30%, Smeaton told BBC Radio 4’s Today programme. Afterwards, they went up to 100%, then 145%, and eventually a rate of 30% was paid. This later changed to 20% and, for a few hours on…
Why luxury carmakers are now building glitzy skyscrapers
Posted onSameer HashmiBusiness reporter, Dubai Binghatti Properties The Bugatti Residences building in Dubai is currently under construction Bugatti is synonymous with high-performance, ultra-expensive supercars. But now the luxury French brand is entering a very different kind of race – not on the track, but in the skyline. In the heart of Dubai, in the United Arab…
Honey, I shrunk the data centres: Is small the new big?
Posted onZoe KleinmanTechnology editor AFP via Getty Images Large numbers of vast data centres continue to be build around the world One day the mighty data centre could be toppled into obsolescence by the humble smartphone, said Perplexity CEO Aravind Srinivas on a recent podcast. Speaking to host Prakhar Gupta, the AI chief argued that people…
Rail fares to be frozen in England next year
Posted onRail fares in England next year are to be frozen for the first time in 30 years, the government has announced. The freeze until March 2027 will apply to regulated fares, which includes season tickets and off-peak returns. The most recent fare rise, in March 2025, was 4.6%. Rail fares traditionally have gone up in…
