Aston Martin to cut 20% of workforce in effort to save £40m
Details emerge after struggling carmaker reports pre-tax losses of £363.9m for 2025
Wednesday briefing: Is the tide turning against Trump on tariffs?
In today’s newsletter: With the latest supreme court ruling exposing the president’s tariff plans as unlawful, US politicians and the American people have found them to be unworkable. Where does Trump go from here?
Trump threatens ‘obnoxious’ tariffs as UK and EU seek clarity on trade deals
US president suggests trade war could escalate as administration says it will stop collecting levies ruled illegal by supreme court
Stock markets stumble as global trade faces more Trump tariff uncertainty
US president’s international trade war spooks investors, with drops in US share prices after European losses
Wegovy and Ozempic owner dealt blow as next-gen weight-loss drug is labelled ‘obsolete’
Novo Nordisk’s shares fall sharply after testing of CagriSema falls short of investors’ expectations
‘Progressive membership’: Ukraine’s economic resilience shows future for EU business tie-ups
Joint ventures on defence, green energy and telecoms suggest how country could join bloc in stages rather than wait for full status
US will not back out of its tariff deals with UK and others, says Trump trade representative
Promise comes as minister admits to ‘uncertainty’ about new 15% levy on imports from around the world
China overtakes US as Germany’s top trading partner
Friedrich Merz to meet Xi Jinping in Beijing, with goods worth €251bn traded between two countries in 2025
UK ‘working with US’ to analyse impact of supreme court’s ruling against tariffs
Government ‘expects privileged trading position’ to go on as EU ‘seeks clarity’ over Trump administration’s next steps
Aston Martin issues another profit warning and sells F1 naming rights for £50m
Struggling British carmaker says earnings for 2025 will be worse than City forecasts as US tariffs hit sales
France and Germany agreed to build the fighter jet of the future. Now they can’t agree who is in charge
FCAS, which also involves Spain, is imploding at a high-stakes moment for Europe, as threat rises from Russia
Accenture ‘links staff promotions to use of AI tools’
Consulting firm keen to increase uptake of technology and is reportedly monitoring adoption by workforce
‘Made in Europe’ EU industrial strategy could hit supply chains, UK minister warns
Nick Thomas-Symonds says move could also create unnecessary UK-EU trade barriers and increase costs
Airbus suggests split solution for Europe’s faltering fighter jet programme
Aerospace firm proposes two separate warplanes amid dispute over who leads €100bn project
Ebay buys Depop for $1.2bn in effort to lure younger shoppers
Deal agreed to acquire British secondhand fashion resale app from Etsy as eBay attempts to fend off Amazon