James Politi

10 results

A decision is pending on whether or not the US commerce department will extend a temporary general licence for companies to do business with Huawei for 90 days. Photograph: Aly Song/Reuters

US Commerce Secretary Wilbur Ross said on Monday the US government will extend a reprieve given to Huawei Technologies that permits the Chinese firm t(...)

The Trump administration said it would delay the imposition of 10 per cent tariffs on a series of consumer goods imported from China  until December

The Trump administration said it would delay imposing a 10 per cent tariff on a series of consumer goods imported from China - including laptops and c(...)

President Donald Trump. Photograph: Samuel Corum/The New York Times

Donald Trump said the US would place a 10 per cent tariff on $300 billion (€270 billion) of additional Chinese goods, in a new escalation of the trade(...)

Federal Reserve chairman Jay  Powell: statement to Congress come as investors bet that the reserve’s monetary policymakers will move as early as late July to cut its main interest rate by at least 25 basis points Photograph: Getty

Chairman of the US Federal Reserve Jay Powell has cemented the case for the US central bank to cut interest rates based on mounting risks to the US ec(...)

Federal Reserve chairman Jay Powell: the Fed noted that inflation continued to run below its 2% target

The Federal Reserve held interest rates steady but shifted towards a more dovish stance and pointed to possible interest rate cuts in the future, citi(...)

Jim Yong Kim, the president of the World Bank, abruptly announced that he will be leaving his post on February 1st

Jim Yong Kim, the president of the World Bank, abruptly announced that he will be leaving his post on February 1st, more than three years ahead of the(...)

The sale of Alitalia, Italy’s flag carrier, has been delayed until next April, adding to uncertainty in the European airline industry

The sale of Alitalia, Italy’s flag carrier, has been delayed until next April, adding to uncertainty in the European airline industry following a stri(...)

Italian airline Alitalia went into administration earlier this year. (Photograph: Reuters)

An Italian government plan to avoid the break-up of Alitalia potentially hinders Ryanair’s bid for the stricken airline. The Irish budget carrier ha(...)

Life goes on around a pile of rubbish in  Rome street. Photograph: Filippo Monteforte/AFP/Getty Images

The rubbish is mounting up along via Galvani, in the heart of Rome’s trendy Testaccio neighbourhood. Wine bottles litter the pavement. A graffitied d(...)

Michigan-based pharmaceuticals group Perrigo has said its acquisition of Irish biotech company Elan will lead to redomiciling in Ireland. Photograph: Adam Bird/Bloomberg

A growing number of US companies are set to save hundreds of millions of dollars in tax by relocating to Europe after completing takeovers on the c(...)