Business & Economy

Published: 25 February 2026 . The English Chronicle Desk. The English Chronicle Online The mysterious founder of global fast‑fashion giant Shein made a rare public appearance this week, using the moment to reaffirm the company’s ties to China and to praise local government support that many analysts see as key to its rise. Xu Yangtian — also known as Chris Xu — has long kept a low profile, with few...

Published: 25 February 2026. The English Chronicle Desk. The English Chronicle Online. UK youth unemployment has climbed sharply, raising serious concerns across Westminster and the City. Fresh warnings from the Bank of England suggest recent tax and wage reforms are worsening the situation. The Bank’s chief economist, Huw Pill, told MPs that the combined rise in employers’ national insurance and minimum wages has hit young workers hardest. His remarks have...

Published: 24 February 2026. The English Chronicle Desk. The English Chronicle Online A man in Peterborough, England was astonished to find a collection of trading cards worth an estimated £18,000 stored away in his loft, a local dealer has said, highlighting the growing popularity and value of collectible cards such as Pokémon among enthusiasts across the UK. Juliano Scibelli, owner of Collectors Corner in Peterborough’s Orton Southgate, said that demand...

Published: 24 February 2026. The English Chronicle Desk. The English Chronicle Online US President Donald Trump has implemented a new global import tariff at a rate of 10%, after the Supreme Court blocked many of his sweeping import taxes last week. Hours after the court’s ruling, Trump signed an executive order to impose the levy, which came into effect on 24 February, aiming to address what he described as “fundamental...

Published: 24 February 2026 The English Chronicle Desk The English Chronicle Online Global trade experienced fresh turmoil this week as U.S. President Donald Trump’s scramble to salvage his embattled tariff policy sparked widespread economic confusion and diplomatic strain. The upheaval follows a U.S. Supreme Court ruling that struck down much of Trump’s sweeping global tariffs imposed under emergency powers, a decision that authorities and businesses around the world say has...

Published: 24 February 2026 The English Chronicle Desk The English Chronicle Online As the Ukraine war enters its fourth year, a new report shows that Russia’s crude oil exports remain higher than before its full‑scale invasion in 2022, despite sanctions imposed by Western nations aimed at cutting off Moscow’s energy revenues. According to the Centre for Research on Energy and Clean Air (CREA), the volume of Russian crude oil exports...

Published: 24 February 2026. The English Chronicle Desk. The English Chronicle Online. Campaigners have expressed frustration over the “achingly slow” progress of gender equality across Britain’s leading businesses. Recent research demonstrates that despite years of pledges, FTSE 100 companies still have only nine female chief executives, showing minimal change over the past year. The government-backed FTSE Women Leaders Review highlighted that the average number of women leading these top firms...

Published: 24 February 2026The English Chronicle DeskThe English Chronicle Online Global logistics giant FedEx has launched a high‑stakes lawsuit against the United States government seeking the return of tariffs it paid under emergency trade measures introduced by former President Donald Trump — a legal battle that could reshape how businesses recoup costs after the U.S. Supreme Court struck down the contested levies. In its complaint filed on Monday in the...

Published: 24 February 2026The English Chronicle DeskThe English Chronicle Online The Trump Organization has revealed detailed proposals for what would be Australia’s tallest building, a mixed‑use skyscraper slated for the heart of Sydney that would redefine the city’s skyline and challenge existing height records. The announcement marks a major international expansion for the U.S. developer and underscores growing interest in Asia‑Pacific real estate markets. According to plans filed with New...

Published: 24 February 2026The English Chronicle DeskThe English Chronicle Online Asia’s economic landscape is entering a period of cautious recalibration after the **U.S. Supreme Court struck down key tariff measures introduced under former President Donald Trump that had imposed heightened duties on imports from major trading partners. The landmark ruling, delivered late last week, found that Trump’s sweeping tariff regime exceeded presidential authority under the International Emergency Economic Powers Act,...