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China announces record trade surplus despite Trump tariffs
China announced record export numbers for 2025, a year when US President Donald Trump’s tariffs and trade policy caused turmoil in the global economy. Beijing on Wednesday reported the world’s largest-ever trade surplus – the value of goods and services sold overseas compared to its imports – at $1.19tn (£890bn). It’s the first time China’s…
OpenAI offers rival AI to UK banks blocked from Claude Mythos
Former UK Chancellor George Osborne, who is now a senior executive at OpenAI, told the BBC that Bailey had not contacted him directly. He said his firm did not want to “hide [5.5 Cyber] away or keep it to ourselves” but confirmed that, like Mythos, it would not become available to all.
Which countries do business with Iran and what could new US tariffs mean?
Jemma Crewand Faarea Masud,Business reporters EPA/Shutterstock US President Donald Trump has said countries doing business with Iran will face a 25% tariff on trade they do with America. It comes as Iran cracks down on anti-government protests, with thousands of people feared dead. Trump has used the threat of tariffs before to exert pressure on…
