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Nike to raise prices as firms face tariffs uncertainty

Nike is set to raise prices on some trainers and clothing in the US from early June, weeks after rival Adidas warned it would have to hike the cost of products due to tariffs. The sportswear giant did not name US tariffs explicitly as a reason for the increase, saying

Is the US finally on track to build a high-speed rail network?

The US is a country of 340 million people, 71 interstate highways, more than 5,000 public airports, and currently no high-speed railways. Yet with two high-speed rail (HSR) projects now under construction, and others planned, is the US finally on track to start catching up with the fast trains

UK business group calls for 'reset' with EU

A leading UK business lobbying group is calling for a major reset of relations with the European Union, urging both sides to "build bridges" and move beyond Brexit divisions. In a report published ahead of a EU-UK summit due to take place on 19 May in London, it

Tax rise warning after higher-than-expected UK borrowing

Higher-than-expected government borrowing figures have increased the prospect of Chancellor Rachel Reeves raising taxes in the autumn, experts say. Borrowing - the difference between spending and tax income - was £20.2bn in April, up £1bn from the same month last year, official figures showed. It is the fourth highest

‘It was a terrible idea’: Air traffic controllers say recent issues at Newark are rooted in a plan from Trump’s first term

It’s been a brutal month for Newark Liberty International Airport, as telecommunications and radar outages have plagued one of the nation’s busiest airports, triggering delays and cancellations for thousands of passengers. Air traffic controllers have repeatedly lost contact with commercial flights, including on April 28, when the system

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