Thursday, May 8, 2025, 1:20 am
Reports indicate that President Trump is set to announce a major trade deal centered on a UK partnership, prompting immediate market reactions. Sterling recorded a notable jump while an unexpected Aussie reference added an unusual twist, leaving investors both amused and cautious amid the unfolding deal details.
In 'Divided' Decision, BoE Cuts Rates, Plays Down Tariff Fears; Trump Trounces "FOOL" Powell For No Fed Cut Ahead of an expected trade deal between US and UK, the Bank of England cut rates by 25bps to 4.25% (as expected) this morning. However, the divided decision surprised markets by…
Futures, Global Markets Jump On Trump Trade Deal With UK US equity futures storm higher, and are back to their post-Liberation Day highs on positive trade news (Imminent "comprehensive" trade agreement with UK the first of his promised deals; removal of chip export restrictions) and a…
Trump To Reveal "Major Trade Deal" Between US-UK Yet another signal that the trade war has hit its peak came overnight, as President Trump took to Truth Social to tease a "big news conference" Thursday morning, where he plans to unveil a "major deal." As U.S. markets began coming…
Donald Trump to announce trade deal with UK Financial Times
Sterling jumps with Aussie as Trump moots 'major' trade deal Reuters
permalink / 5 stories from sources in 6 hours ago #finance #trump #uk #australia
OpenAI has confirmed the arrival of Instacart CEO Fidji Simo, who will head its applications business. This high-profile recruitment marks a decisive move to scale operations in the competitive AI landscape—proving that when it comes to leadership talent, even the formerly food-focused can venture into digital delicacies. More...
Two independent reports confirm that Google is trimming roughly 200 jobs from its global business unit as part of a broader restructuring. Amid the chaos of tech cost-cutting, this move is a stark reminder that even industry giants aren’t immune to market pressures—hard lessons served with a side of corporate dystopia. More...
Anthropic has launched its Claude web search API, enabling developers to integrate real-time web access into their applications. This innovative tool aims to redefine how users discover information, heralding a notable shift in the post‑Google landscape as firms increasingly pursue AI-powered search solutions. More...
Apple is reportedly planning to introduce AI search capabilities into Safari, a move that has sparked a war of words with Google over alleged declines in search traffic. Senior VP Eddy Cue’s remarks—later publicly challenged by Google—signal a new era in browser competition, blending innovation with industry drama. More...
Apple is currently locked in a high-stakes legal dispute stemming from its contentious relationship with Epic Games. A recent contempt ruling threatens to impose hefty penalties, while Apple scrambles for a court stay on its injunction’s lift on external purchase links. Clearly, the drama over app store policies continues to heat up. More...
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