UPS to cut 20,000 jobs as it prepares to halve Amazon shipmentsNews Feed
Delivery group also expects to close 73 leased and owned buildings this year in effort to cut costs
Elliott’s activist bet on BP goes from slick to slipperyNews Feed
Oil major’s turnaround depends to some extent on the world remaining relatively predictable
US goods trade gap hits record high as Trump tariffs prompt import surgeNews Feed
Companies rushed to purchase foreign products ahead of imposition of wide-ranging levies
Germany’s corporate cheer defies the gloomy zeitgeistNews Feed
The country’s economy and its biggest businesses are pulling in the same direction
White House lashes out at ‘hostile and political act by Amazon’News Feed
Spat comes after report alleged the tech giant was planning to display price increases caused by Trump’s tariffs
Trump tariffs will push up bad loans for lenders, BoE warnsNews Feed
PRA chief Sam Woods says regulator is monitoring impact of import taxes on lenders
Trump’s first 100 days mark worst for US stock market since Gerald FordNews Feed
S&P 500 on course to lose 8% since inauguration day in weakest start to a presidency since 1970s
Donald Trump burns political capital in first 100 daysNews Feed
Also in today’s newsletter, how the US president is remaking Washington in his image
Danes boycotting Coca-Cola, says CarlsbergNews Feed
Local brand soars 13-fold in March as US fizzy drink is rejected in protest against US foreign policy
ECB staff say bank promotes wrong people, survey findsNews Feed
Employee poll reveals dissatisfaction with career paths at Frankfurt institution