U.S. Trade Deficit Widens in May
Imports rose and exports fell in the month, pushing the trade deficit to its highest level in over a year
The Port of Seattle, in Washington.
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Amazon raising at least $25 billion in bond sale, won't issue more debt in 2026
It marks Amazon's latest debt raise as it looks to buttress its massive investments in artificial intelligence.
China’s Tongcheng Travel Bids for Dida to Bring Ride-Sharing In-House
Chinese OTAs have long offered airport transfers and chauffeur services through third-party partnerships. If completed, Tongcheng's Dida acquisition would make it one of the first to own the ride-sharing marketplace itself, rather than plugging into someone else's.
M&S chair: Tax and employment costs holding back Britain
Rising taxes and employment costs are holding businesses back from investing in Britain and helping it “prosper,” an M&S boss has said. Archie Norman, chairman of the retail giant and former chief executive of Asda, told shareholders on Tuesday that these “big regulatory headwind
Farage quits to stand in ‘people versus establishment’ by-election
Reform UK leader Nigel Farage has announced that he will resign as an MP and stand again as a candidate in an upcoming Clacton by-election as part of what he dubbed a battle of “people versus establishment”. In a video statement where he repeatedly attacked Sky News and The Times