Mark Carney, former governor of the Bank of England and current UN Special Envoy, has orchestrated a significant gathering of international investors in Canada. This initiative seeks to inject substantial capital into the Canadian economy amid prevailing global trade uncertainties and the nation's efforts to diversify its economic partnerships.
The UK's anticipated 'world-beating' trade agreement with the US on steel and aluminium tariffs has failed to materialise, leaving British producers at a disadvantage compared to EU and Japanese competitors. Despite initial expectations of tariff removal, UK exports continue to be subject to the 25% and 10% duties imposed by the Trump administration, while other nations secured more favourable terms.
A South Korean court has mandated SK Group chairman Chey Tae-won to pay his former wife, Roh Soh-yeong, a record settlement of £506 million in cash and an additional £1.5 million in alimony. This ruling overturns a previous decision and highlights the significant financial implications of the divorce.
