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      Strait of Hormuz closed over ceasefire violations, says Iran

      Aerial view of ships navigating the strategic Strait of Hormuz, highlighting its importance to global maritime trade routes

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dumping

  • Ineos blasts ‘industrial self harm’ as firm battles Brussels over dumping

    Industrials

    Ineos has accused Brussels of “industrial self harm” as the company fights back against what it described as “dumping” of imports to Europe from Asia. The chemicals company, controlled by billionaire Sir Jim Ratcliffe, today confirmed that it has filed or is in the process of filing ten major anti-dumping cases with the European Commission, [...]

    Manchester United minority owner Sir Jim Ratcliffe’s Ineos has announced a “significant strategic investment” into premium apparel brand Castore.
  • Retail bosses warn of dumping from Chinese firms into Europe

    Retail

    UK retail bosses have warned that Trump’s tariffs will cause low-quality goods to be dumped into Europe from China via distributor sites like Amazon. Unable to sell competitively in the US due to US President Donald Trump’s 104 per cent tariffs on goods from China, as well as his decision to end the de minimis [...]

    Amazon is set to open four robotic fulfillment centre in the UK by 2028

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