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US justice department drops probe into Fed chairman Jerome Powell
Powell’s term is nearing its end and the US Senate is considering Trump’s nominee for his replacement, Kevin Warsh. A key Republican, Thom Tillis, has withheld his support for Warsh unless the Trump administration would drop its investigation into Powell.
Private jets: How plane makers are chasing Asias super-rich
“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.
Trump Administration Reportedly Considering Ban on Outsourcing to Indian IT Firms After Imposing 50% Tariff on Indian Goods
Washington / – After slapping a 50% tariff on Indian goods, U.S. President Donald Trump is now reportedly weighing a ban on outsourcing work to Indian IT companies, a move that could have severe repercussions for India’s multibillion-dollar technology sector. The speculation arose from a post by Lara Loomer, a prominent right-wing Trump supporter, who…
UK becomes BYD’s largest international market after sales surge
Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. The UK has become BYD’s biggest market outside of China after sales increased nearly 10-fold in September, despite the world’s largest electric-vehicle manufacturer being excluded from the government’s new subsidy scheme. BYD said on Monday…
PwC says young recruits are hungry for careers and plans to hire more graduates
The government had hit business too hard when it raised employers’ National Insurance contributions in autumn 2024, followed by bigger than expected rises to minimum wage rates, and new employment rights, which had deterred businesses from hiring, investing and growing, he said.
