UK to slash overseas aid in Budget as asylum seeker costs rise

Heathrow airport's long-contemplated third runway project may finally come to fruition as Chancellor Rachel Reeves announces government support, emphasizing the economic benefits of increased connectivity. However, political opposition from Labour and environmental concerns regarding emissions targets pose significant obstacles to the project's success. While Heathrow remains committed to the expansion, challenges related to construction, financing, and the overall impact on growth remain uncertain, prompting some experts to advocate for alternative strategies to boost air capacity...

Beijing retaliated against Donald Trump's tariffs on Chinese imports by imposing their own duties, targeting US products like LNG, cars, and rare metals. The measures, set to take effect on February 10, were seen as a move to avoid a full-blown trade war. China also announced an antitrust probe into Google. Despite the tensions, hopes for negotiations between Trump and President Xi Jinping remain. The Wall Street bank noted that Beijing blocked exports of several...

Beijing swiftly responded to President Trump's promised tariffs by announcing countermeasures, including additional tariffs on American imports and restrictions on critical minerals exports. The Chinese government also initiated an antimonopoly investigation into Google, while implementing tariffs on crude oil, agricultural equipment, and other products. Amid escalating tensions, both countries are engaging in retaliatory actions, signaling a potential long negotiation process ahead to resolve the trade dispute. Full Article

Entrepreneur contributors express their competitive nature and drive to excel in various aspects of life, including work at FutureFund. They discuss the importance of healthy competition, choosing to improve oneself rather than tear down rivals, and focusing on progress and self-defined success rather than comparing to others. Success is measured by continuous improvement and striving to be better each day, rather than solely focusing on external benchmarks. Full Article

The head of "60 Minutes" refuses to apologize in a potential settlement with President Trump over a lawsuit against CBS for allegedly editing an interview with Kamala Harris. Paramount is seeking a settlement to help secure a merger, causing tension within CBS News. Bill Owens, the executive producer, stands firm on not apologizing and plans to submit unedited materials to the FCC. Full Article

The Senate confirmed Chris Wright as the new head of the U.S. Department of Energy, with a focus on boosting domestic energy production and supporting President Trump's energy agenda. Mr. Wright, a former oil executive, emphasized a commitment to addressing climate change and promoting renewable energy while also advocating for the expansion of oil, gas, and coal use. Despite opposition from environmental groups, Mr. Wright's confirmation was supported by Senate Democrats and Republicans alike, with...