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US Federal Reserve warns of the growing threat of stagflation as trade war bites

Business » 6 days ago
Fed chair Jerome Powell (pictured) said steep tariffs announced last month would drag down growth and push up inflation if they remain in place....
1. Ozempic maker Novo Nordisk set for slimmer sales amid surge in copycat weight-loss drugs
  
  Business » 6 days ago
  Novo Nordisk, which also makes Wegovy, fell victim to 'compounding' - a practice in the US that allows pharmacies to produce replicas....
  1. BAE shrugs off Trump's tariffs as it prepares to reap the benefit of higher military spending
    
    Business » 6 days ago
    BAE which makes fighter jets, ships and munitions said the rise in defence budgets provided a 'robust set of further opportunities across all our sectors'....
    1. Hostile nation states are ramping up cyber attacks on UK, warns GCHQ
      
      Business » 6 days ago
      'Hostile nation states' led by China, Russia, Iran and North Korea are believed to be at the forefront of malign online activity to extort money....
      1. Trump tariff uncertainty forces world's biggest jeweller Pandora to reshuffle its supply chain
        
        Business » 6 days ago
        Pandora chief exec Alexander Lacik said it will start sending products directly from its Thailand factory to Canada and Latin America....
        Bank to split with the Fed: Postponing a pre-emptive US rate cut could be a serious error, warns ALEX BRUMMER
        
        Business » 6 days ago
        Under more normal circumstances the Bank of England's interest rate-setters look across the Atlantic for leadership on interest rate changes....
        Barclays boss promises not to shut any more branches 'this year or next'
        
        Business » 6 days ago
        Chief executive CS Venkatakrishnan, known as Venkat, made the pledge as he faced questions at the lender's annual general meeting...
        PSG 2-1 Arsenal (3-1 agg): Gunners' Champions League dreams are dashed in Paris, as Luis Enrique's ruthless side set up final against Inter Milan
        
        Sport » 6 days ago
        OLIVER HOLT AT THE PARC DES PRINCES: Another season without a trophy sank towards an agonising anti-climax for Arsenal on Wednesday night....
        PSG 2-1 Arsenal (agg 3-1) - PLAYER RATINGS: Who was the hosts' game-changer? And which Gunners star gets just 5.5/10?
        
        Sport » 6 days ago
        Arsenal's Champions League dream was dashed in Paris on Tuesday night as PSG carved out a 3-1 win on aggregate against Mikel Arteta's side....
        Bukayo Saka misses open-goal SITTER against PSG as crash out of the Champions League semi-finals
        
        Sport » 6 days ago
        The Arsenal winger skied a sudden chance from yards out after Riccardo Calafiori's cross beat Gianluigi Donnarumma. He had already given Arsenal a glimmer of hope by scoring....
        
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