Rolling coverage of the latest economic and financial newsIf Kevin Warsh is nominated as the next Fed chair, it could lower the risks of another major drop in the dollar, ING analysts suggest:The dollar has been waiting for a catalyst for a recovery, and the news that Kevin Warsh is likely to be announced as […]
Rocket company examining feasibility of both options before potential $1.5tn stock market flotation, report saysBusiness live – latest updatesSpaceX is reportedly considering a potential merger with the electric carmaker Tesla, or a tie-up with artificial intelligence firm xAI, as Elon Musk looks at options to consolidate his global empire.The rocket company is examining the feasibility […]
Great Western Railway service recharges in three and a half minutes between trips on west London lineThe UK’s first superfast-charging train running only on battery power will come into passenger service this weekend – operating a five-mile return route in west London.Great Western Railway (GWR) will send the converted London Underground train out from 5.30am […]
White House cites Cuba’s ties to hostile powers as order ratchets up Trump’s pressure to topple its governmentDonald Trump signed an executive order on Thursday laying the groundwork to slap tariffs on goods from countries that provide oil to Cuba, the White House said.The order, which ratchets up Trump’s pressure to topple the Communist government, […]