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U.S. officials warn Indonesia is reneging on vital trade commitments. The 2025 agreement promised sweeping tariff cuts and non-tariff barrier removal. Jakarta now reportedly seeks to reclassify parts of the accord as non-binding. Markets and businesses await clarity as negotiations enter a critical phase.
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Rachel Reeves has delivered a tax-heavy Autumn Budget for business. Markets have taken the measures in their stride, but leaders now face a higher, more complex tax burden and big questions about investment, skills, and productivity that our BQX deep-dive will unpack in full, as they plan for 2026 ahead.
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Brussels prepares to push Washington over stalled tariff reforms. The European Union will urge the United States to honour more of July’s trade agreement, including cutting 50 % tariffs on steel and aluminium imports, amid concern that delays are undermining post-pandemic industrial competitiveness and transatlantic supply-chain recovery.
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Canada will restart trade discussions with the US when conditions align. Prime Minister Mark Carney said there is currently no pressing issue to raise with President Trump.
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Europe is eyeing stakes in Australian resource ventures. The European Union has announced plans to invest directly in Australian critical-minerals operations to secure key supply for its green transition, Trade Commissioner Maroš Šefčovič said following talks in Melbourne with Australia’s Resources Minister Madeleine King.
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Google unveils tool to boost energy efficiency in manufacturing. The Energy Assessment tool helps manufacturing managers identify opportunities for energy savings and emission reductions, addressing challenges such as consultancy costs, capital acquisition, and lack of expertise.
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President insisted the US requires a single federal AI standard. He warned that competing state rules could stifle innovation and allow China to overtake the US in the global AI race.
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The UK’s annual inflation rate eased to 3.6 per cent in October. It marked the first decline in five months, according to the Office for National Statistics.
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EU regulators have launched investigations into Amazon Web Services and Microsoft Azure. The European Commission says the probes will examine whether the two tech giants’ cloud services should face tougher obligations under digital market rules.
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EU Parliament votes to reduce sustainability reporting and due diligence. The European Parliament has voted to significantly reduce coverage under the Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive, eliminating the requirement for companies to prepare climate transition plans….