Similar Posts
TikTok apologises after thousands of US users report app issues
Posted onLiv McMahonTechnology reporter Getty Images TikTok’s new US owner has apologised to users for “disruption” after thousands reported issues affecting the video-sharing app. Platform outage monitor Downdetector said it has seen more than 600,000 reports of glitches from US TikTok users over the weekend. Problems flagged by people include videos appearing repeatedly on “For You”…
Trump Administration Reportedly Considering Ban on Outsourcing to Indian IT Firms After Imposing 50% Tariff on Indian Goods
Posted onWashington / – 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…
Claires and The Original Factory Shop enter administration
Posted onHigh street retailers Claire’s and The Original Factory Shop are being put into administration, risking 2,500 jobs. It comes amid a turbulent time for Claire’s, popular with tweens for its brightly coloured accessories, which was seeking a buyer after its US owner filed for bankruptcy last year. Modella Capital, which owns both chains, said the…
UK forecast to be second-fastest growing economy in G7 – IMF
Posted onFaisal IslamBBC Economics Editor Getty Images Chancellor Rachel Reeves said, despite the IMF’s upgrade to UK economic growth, “for too many people, our economy feels stuck” The UK is forecast to be the second-fastest growing of the world’s most advanced economies this year, according to new projections from the International Monetary Fund (IMF). The rates…
China announces record trade surplus despite Trump tariffs
Posted onChina 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…
US slashes proposed tariffs on Italian pasta imports
Posted onItalian pasta is set to be spared from high-level US tariffs that the Trump administration had threatened against 13 producers. The move could have resulted in American importers being taxed at a rate greater than the value of the actual pasta itself, and prices rising sharply for US consumers. But on Thursday, the Italian foreign…
