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UK and South Korea strike trade deal

Emer Moreau,business reporterand Jonathan Josephs,business correspondent Department for Business and Trade Trade minister Chris Bryant and his Korean counterpart Yeo Han-koo announced the deal in London The UK and South Korea have finalised a trade deal which the government says will create thousands of jobs and bring billions into the British economy. British industries including…

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Asian stocks today: Markets slump ahead of US economic data; HSI nears 2% loss, Nikkei sheds over 600 points

Asian markets fell sharply on Tuesday, following Wall Street’s losses, as investors remained cautious ahead of the release of key US employment and inflation figures. Concerns over a potential tech bubble added to the cautious mood.Hong Kong’s HSI was trading at 25,139, down 489 or 1.91%. Nikkei also trimmed 673 points or 1.34% to 49,494….

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Row deepens as three board members removed

Three members of Ben & Jerry’s independent board will no longer be eligible to serve in their roles, after the ice cream company introduced a new set of governance practices. These include a nine-year limit set on board members’ terms. Chair Anuradha Mittal, who had earlier said she had no plans to resign under pressure,…

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Ford EV reset: US carmaker scales back electric ambitions after Trump’s policy rollback; forecasts $19.5 bn write-down

Ford has redrawn its electric vehicle roadmap, announcing that it will pull back from large EVs as the US carmaker transitions towards hybrids, petrol-powered trucks and a new battery storage venture. The auto giant also predicted profits to take a hit of almost $19.5 billion in the next few years.The US automaker, on Monday, said…

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