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US tariff policy hasnt changed, says Trumps trade representative
On 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…
JLR factory production lines resuming hailed as ‘significant moment’
Range Rover production lines in Solihull have resumed, according to car maker Jaguar Land Rover (JLR). About 1,000 employees also started work in the car maker’s Wolverhampton engine plant on Wednesday, it said, marking a “significant moment” on its journey back to full vehicle production. The company revealed on Monday it had suffered a sharp…
Oil back above $110 after expletive-laden Trump threat to Iran
Trump wrote on Sunday: “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the Fuckin’ Strait, you crazy bastards, or you’ll be living in Hell – JUST WATCH! Praise be to Allah. President DONALD J. TRUMP”.
Reselling tickets above face value set to be banned by government
Getty Images Reselling tickets to live events for a profit is set to be banned by the government. Ministers are expected to announce the plan in a bid to tackle touts and resale sites which offer tickets at several times’ face value. Restricting ticket touts was one of the Labour government’s election pledges, as fans…
The ‘toughest crop’: Can tech help cardamom farmers?
Priti GuptaTechnology Reporter, Mumbai Getty Images Beautiful but delicate, cardamom is a demanding crop “People often think cardamom is a lucrative crop – it may be. But it’s also the toughest crop a farmer can cultivate,” says Stanley Pothan, who has been farming cardamom in the southern Indian state of Kerala for decades. Prized for…
Bank boss sorry after describing workers as lower value human capital
Discussing how automation was likely to lead to thousands of job cuts at the bank at a recent conference, Bill Winters said it wasn’t about cost cutting but “replacing, in some cases, lower value, human capital, with the financial capital and the investment capital that we’re putting in”.
