Author: Grace Johnson

Jaguar Land Rover has told factory workers to remain at home until Tuesday as it struggles with the impact of a cyber attack. The breach over the weekend forced the carmaker to shut down crucial IT systems. That action disrupted production and car sales. Operations have stopped at factories in Halewood, Solihull, and Wolverhampton. Managers continue to review the crisis and warn shutdowns may last longer. production and sales suffer heavy blow Car sales have been heavily affected, though some transactions still went through, according to people close to the matter. Jaguar Land Rover, owned by India’s Tata Motors, switched…

Donald Trump has turned to the US Supreme Court in a last attempt to defend his tariffs. He seeks to overturn a ruling that branded his wide-ranging trade duties illegal. Dispute over limits of power The administration filed its petition on Wednesday evening. It urges the justices to rule swiftly on whether a president can unilaterally impose import duties. The Federal Circuit Court of Appeals ruled 7-4 last week against Trump. Judges declared that setting tariffs is a central power of Congress. Economic stakes are high The case threatens to unravel Trump’s economic and foreign policy agenda. It could also…

The US government’s challenge to Google’s dominance in online search has drawn intense global attention. Not since Microsoft faced trial in 1998 has Big Tech confronted such a serious threat. A year after Judge Amit Mehta declared Google a monopolist, he announced remedies that some call weak while others believe could matter. Chrome and Android remain untouched During the remedies phase, many expected Google might face a breakup. Judge Mehta rejected the push to spin off Chrome, the world’s most popular browser. The Justice Department also wanted oversight of Android to stop it from reinforcing Google’s search and ad power.…

Gold has reached its highest value ever as investors rush to secure their money in uncertain times. On Tuesday morning, the spot price hit $3,508.50 per ounce. The rally has lifted the precious metal by nearly a third this year. Trade disputes fuel investor demand Gold often gains when global stability weakens. Earlier this year, its price jumped after President Donald Trump imposed wide tariffs. Those measures unsettled international trade and pushed investors to safer ground. Analysts also expect the US central bank to cut interest rates, which further boosts gold’s appeal. Adrian Ash, research director at BullionVault, linked the…

Shares of Chinese electric vehicle maker BYD fell by up to 8% on Monday. The decline followed weak quarterly earnings, dragged down by an escalating price war in the domestic car market. Profits slide under heavy pressure On Friday, BYD reported that net profit dropped to 6.4bn yuan ($900m; £660m) between April and June. The figure represented a 30% fall from the same period last year. The company admitted that fierce price competition among Chinese EV makers has hurt the sector. Rivals fuel a crowded market The Shenzhen-based group competes against local rivals Nio and XPeng, as well as US…

Germany is drinking less regular beer, but alcohol-free options are breaking records. The federal statistics office reports that sales of non-alcoholic beer have increased by 109 percent since 2013. Meanwhile, overall beer sales have dropped to their lowest level in more than 30 years. For the first time, sales fell below four billion liters in a six-month period. From January to June 2025, German breweries sold around 3.9 billion liters. That equals a fall of 6.3 percent, or 262 million liters, compared with the same period in 2024. brewers seek younger audiences The Erdinger brewery near Munich has produced beer…

A US appeals court has decided that most tariffs imposed by Donald Trump are unlawful. The judgement threatens to unravel one of his signature trade strategies and sets up a dramatic legal fight. The ruling strikes down Trump’s “reciprocal” tariffs applied to dozens of countries. It also covers levies targeting China, Mexico and Canada. Court rejects presidential authority claim The US Court of Appeals for the Federal Circuit delivered a 7-4 decision. Judges declared that Trump’s tariffs were “invalid as contrary to law”. They dismissed his claim that the International Emergency Economic Powers Act allowed such action. The court stressed…

The United States has ended a long-standing tariff exemption that supported global trade in low-cost goods. From Friday, imports worth $800 or less will no longer enter duty-free and will face stricter customs checks. The change will impact millions of packages daily. In 2023, nearly 1.4 billion parcels entered the US duty-free under the de minimis exemption, worth more than $64bn. Experts warn the shift will hit small businesses hardest. Shoppers should prepare for higher prices and fewer choices until markets adjust. “I’ve reached the point of acceptance, but when I first heard the news, I thought it might be…

Nvidia continues to post rapid growth as global demand for artificial intelligence rises, even while political tensions cloud its outlook. On Wednesday, the California-based chipmaker reported $46.7bn (£34.6bn) in revenue for the second quarter, a 56% jump compared with the same period in 2024. Its shares, however, slipped in after-hours trading as the company admitted it was still “working through geopolitical issues”. Nvidia remains caught in the trade battle between Washington and Beijing. Shifting policies from the Trump administration, designed to secure America’s lead in artificial intelligence, add further uncertainty to the company’s prospects. Demand from tech giants drives growth…

South Korea has passed a law that bans smartphones and other smart devices during school hours. The country now joins a growing list of nations restricting students’ phone use. The law will take effect in March 2026. Lawmakers from both ruling and opposition parties supported it. They say it aims to reduce smartphone addiction, which more research links to harmful effects on young people. Growing pressure from parents and teachers Supporters argue that phones disrupt lessons and weaken academic results. They say children lose valuable time scrolling instead of studying or building friendships. Parents fear smartphones dominate their children’s daily…