The Business Diplomat in the Digital Age
This interview is conducted between Dr. İsmail POLAT, Director of the Türkiye Desk at Business Diplomat, and Prof. Dr. Mehmet…
Business
Honda’s $9 Billion Cost-Cutting Drive Signals a Deeper Struggle With China’s Auto Challenge
Honda Motor’s plan to cut more than $9 billion in costs by 2030 is more than a conventional efficiency programme;…
Uber and Wayve Launch London’s First Robotaxi Service
LONDON: Uber has launched its first autonomous ride-hailing service in London using artificial intelligence technology developed by British self-driving startup…
Global Bond Sell-Off Deepens as Japan’s 10-Year Yield Hits 3% for First Time Since 1996
TOKYO — A sell-off in global bond markets intensified on Tuesday, with Japan’s benchmark 10-year government bond yield reaching 3%…
UK National Park Homes Command 24% Price Premium, Nationwide Study Finds
LONDON: Properties located within the United Kingdom’s national parks command an average price premium of 24% compared with similar homes…
Sterling Weakens as Markets Scale Back Bank of England Rate Hike Bets
LONDON: The British pound slipped to a one-week low against the U.S. dollar and the euro on Thursday as investors…
Markets Push Bank of England Rate Hike Expectations into 2027
LONDON: Financial markets have pushed expectations for the next Bank of England (BoE) interest rate increase into 2027, reflecting growing…
US-Canada Trade War Escalates, but Analysts See Possible Path to Compromise
WASHINGTON: The United States and Canada have moved deeper into a trade conflict after imposing steep tariffs on each other’s…
UK Unveils £10 Billion First Phase of Low-Rent Housing Programme
LONDON: Britain’s government has announced almost £10 billion ($13.63 billion) in funding for a new wave of lower-cost housing, with…
US Pacific Territories Oppose Trump Administration’s Deep-Sea Mining Plans
WASHINGTON — A US government proposal to lease millions of hectares of seabed in the Pacific for deep-sea mineral exploration…