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Trump announces new tariffs on trucks, drugs and kitchen cabinets
Posted onUS President Donald Trump announced a new wave of tariffs on Thursday, including a 100% levy on branded drugs that are manufactured outside the US. Washington will also impose a 25% tariffs on imports of all heavy-duty trucks and 50% levies on kitchen and bathroom cabinets, he said on his Truth Social platform. “The reason…
How could the US-Iran deal affect oil prices and the cost of food?
Posted on“Even if ships now have safe passage, tankers are in the wrong place, oil production/refining facilities need to get up to full capacity, and questions over the cost and availability of insurance for ships traversing the Strait will remain,” he said.
Ofcom investigates BT and Three for failing to connect 999 calls
Posted onLiv McMahonTechnology reporter Getty Images Ofcom is investigating BT and Three over mobile outages it said had caused “UK-wide disruption”, including to emergency services. Thousands of Three customers reported they were unable to make calls in June, while BT and EE customers were hit by a similar outage in July. The regulator said it would…
Hurricane season brings financial fears in the Caribbean
Posted onGemma HandyBusiness reporter, St Johns, Antigua Getty Images Homes in Barbuda were flattened by 2017’s Hurricane Irma For some Barbudans, thunderstorms still trigger flashbacks of the night in September 2017 when they lost everything they owned to Hurricane Irma’s devastating winds. Eight years on, while memories may be close to hand, home insurance for many…
