AstraZeneca cancels £450m Liverpool investment, blaming UK government funding cuts – business live
Pharmaceutical company says that it will not go ahead with investment at Speke, near Liverpool
Donald Trump’s White House will invoke emergency powers to introduce tariffs on Canada and Mexico, Reuters reports:
Two sources familiar with the matter said that Trump was expected to invoke the International Emergency Economic Powers Act (IEEPA) as the legal basis for the tariffs, declaring a national emergency over fentanyl overdoses that killed nearly 75,000 Americans in 2023 and illegal immigration.
The statute enacted in 1977 and modified after the 9/11 attacks in 2001 gives the president broad powers to impose economic sanctions in a crisis.
Continue reading...
Read more at The Guardian
Topics
-
AstraZeneca ditches plan to build £450mn UK vaccine plant
Decision is a blow to Starmer’s government after setting out pro-growth pitch to investorsFinancial Times - 19m -
HSBC to exit parts of investment banking business in UK, US and Europe
Lender to wind down in businesses where it has struggled to compete with rivalsFinancial Times - 3d -
UK businesses cut jobs at fastest pace since 2009 bar the pandemic
S&P’s results add to gloom about economy as employment levels fallFinancial Times - Jan. 24 -
UK watchdog scrutinises investment trusts’ battle with US hedge fund
FCA encourages Hargreaves Lansdown, Interactive Investor and AJ Bell to make shareholders aware of looming votesFinancial Times - Jan. 16 -
Bond market turmoil eases as Treasury minister says ‘no need’ for government intervention – business live
Lib Dems say chancellor should stay and make emergency fiscal statement and also cancel planned national insurance hike. Reeves’ fiscal rules non-negotiable in face of bond sell-off, deputy ...The Guardian - Jan. 9 -
ATF head warns that the Trump administration's funding cut plans could risk lives
Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...CBS News - Jan. 4 -
UK weather: power cuts, traffic chaos and cancelled flights due to heavy snow
Closed roads, multi-vehicle collisions and train problems reported as Met Office warnings remain in place. Live UK weather updates Homes were left without power, roads were closed, cars ...The Guardian - Jan. 4 -
British factories suffer winter chill as government ‘dampens confidence’ – business live
Live, rolling coverage of business, economics and financial markets as 2025 starts with trepidation over new US administration’s trade policies, and global manufacturing sector struggles. Nine out ...The Guardian - Jan. 2
More from The Guardian
-
Alarms were raised about ‘congested’ airspace before fatal Washington crash
Crash called ‘avoidable’, with lawmakers and residents previously sounding alarm about region’s crowded skies. After Wednesday’s fatal crash which took down a commercial jet and a military ...The Guardian - 5h -
Hamas to release Israeli father amid ‘grave concerns’ for wife and children
Yarden Bibas scheduled for release with Keith Siegel and Ofer Calderon on Saturday in latest handover of hostages. Middle East crisis – live updates Hamas has announced it will release Yarden ...The Guardian - 2h -
Trump says he will impose trade tariffs on Canada and Mexico on Saturday – US politics live
Donald Trump says tariffs will start at 25% and ‘may or may not’ rise over time. Secretary of state Marco Rubio will travel to Panama, El Salvador, Costa Rica, Guatemala and the Dominican ...The Guardian - 33m -
WhatsApp says journalists and civil society members were targets of Israeli spyware
Messaging app said it had ‘high confidence’ some users were targeted and ‘possibly compromised’ by Paragon Solutions spyware. Nearly 100 journalists and other members of civil society using ...The Guardian - 35m -
Fears grow in Japan for truck driver trapped in sinkhole for third day
Residents near Tokyo question slow pace of effort to rescue 74-year-old as workers race to build 30-metre ramp. Fears are growing for a truck driver who has spent three days trapped inside a ...The Guardian - 5h
More in World
-
India v England: fourth men’s cricket T20 international – live
Updates from the match in Pune, starts 1.30pm GMT Women’s Ashes: Sutherland turns the screw on England Tilak Varma is the new batter, which is a deviation from their coach Gautam Gambhir’s ...The Guardian - 17m -
Europe live: German parliament debates draft law aimed at controlling migration as Merz seeks to distance himself from AfD
Greens and SPD earlier refused to support the Influx Limitation Act amid fierce criticism from Merkel over Merz’s cooperation with far-right AfD. in Berlin . The Bundestag debate has been delayed ...The Guardian - 20m -
Trump's foreign aid freeze guts grassroots groups helping migrants in Latin America
A busy shelter for migrants in southern Mexico has been left without a doctorABC News - 20m -
Olympic cauldron to float in Paris skies every summer until the 2028 Los Angeles Games
French President Emmanuel Macron says the cauldron balloon, one of the Paris Olympics’ most admired attractions, would float in the skies over the French capital every summer until the 2028 Los ...ABC News - 20m -
I want children but my partner now says he is not keen. Should I go it alone? | Ask Annalisa Barbieri
I don’t think it’s fair your partner uses his past relationship to dictate the present with you. You need to have an open and honest conversation to understand each other’s feelings • Every week ...The Guardian - 21m