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President Donald Trump on Friday said his administration will launch a trade probe into the European Union that will cancel hefty fines levied against U.S. tech giants and likely result in a “substantial” tariff on the 27-member bloc.Trump, in a lengthy Truth Social post, accused the EU of “‘ROBBING’ American Companies and, in turn, the American Taxpayer” as he raged over its recent $1 billion fine on Google for allegedly giving priority to its own services in its search engine.”The European Union is at it again and, as usual, taking direct aim at GREAT American Companies!” Trump wrote in the…
The bearish Tesla set-up we flagged ahead of Wednesday’s report has delivered most of what it can. Two ways forward: bank the entire gain, or press the same playbook against another priced-for-perfection name reporting in two weeks.Heading into Tesla’s second-quarter report, I argued the risks were skewed to the downside. Greeting a delivery beat with selling was a classic tell of expectations “priced for perfection.” While revenue of $28.2 billion beat handily, up 26% year over year, adjusted earnings of 34 cents per share missed the consensus (50 cents) by a wide margin. Operating margin compressed to 1.4%, and a…
Beumer Group sues EU over Vanderlande airport logistics deal Source link
Robotic servicing mission launches from Cape Canaveral. A spacecraft fitted with two flexible robotic arms is on the way to geosynchronous orbit after launching earlier this week on a SpaceX Falcon 9 rocket, kicking off a planned decade-long mission to open new frontiers in satellite servicing, Ars reports. The Mission Robotic Vehicle, owned and built by Northrop Grumman, rocketed into orbit from Cape Canaveral Space Force Station in Florida on Tuesday. Three small propulsion pods, each functioning as standalone spacecraft, accompanied the MRV aboard the Falcon 9 rocket. First of its kind… The Mission Robotic Vehicle is arguably the most…
Cost: Downing Street says no additional cost to taxpayers, fundedBurnham ended his first week as PM by working out of the new No 10 North, external, based at Heron House in Manchester’s city centre, which he claimed will be the “situation room for making Britain better”.He’s expected to work from there each week, with other ministers including Education Secretary Lucy Powell and Chancellor of the Duchy of Lancaster Louise Haigh, who is overseeing the department as part of her role, also working there on a regular basis. Up to 300 civil servants are expected to join the operation by the…
Vir Biotechnology stock falls as CFO O’Byrne departs Source link
DARPA partnered with the Naval Research Laboratory to develop the RSGS robotics payload. More than 20 years in the making, the robotics system was designed to meet Defense Department reliability standards, including redundant robotic arms, avionics, and mission troops. The RSGS payload also features cameras and sensors to allow the MRV to autonomously approach, inspect, capture, and upgrade client satellites that weren’t designed for visitors. “This journey to the launch pad represents the culmination of a multiple decades-long endeavor of vision, risk, and relentless engineering,” said Bernard Kelm, acting director of NRL’s Naval Center for Space Technology, in a statement.…
According to the Home Office, immigration enforcement teams carried out 2,715 illegal working visits and raids in London during 2025, resulting in 2,172 arrests. The previous year there were 2,008 raids.Greens councillor Hau-Yu Tam, who had proposed the motion, said in January 2026 there had been immigration raids at a nail bar in Catford and a car wash in Brockley which was attended by the then immigration minister Mike Tapp and a Sky News film crew.Cllr Tam, cabinet member for communities, sanctuary and healing, said: “Despite the resources, despite the spectacle, only two people were arrested and both [were] later…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Irish police have intercepted a sophisticated homemade bomb near the border with Northern Ireland as they warned that “radicalised republicans” remained ready to mount attacks in the region.The device, which involved military-grade explosives, was found in a vehicle in County Monaghan on Wednesday. The car’s driver, a woman in her twenties, was arrested, police said. Justin Kelly, the head of Ireland’s An Garda Síochána police force, said the interception “was an extremely significant seizure”, adding: “This was an explosive device, not just…
US investment-grade bond funds see $7 billion record weekly outflows Source link
