Official figures show that the proportion of UK companies that have ever exported has fallen from 45 per cent to 38 per cent in recent years. Kyle said reversing that trend was a priority for the government, arguing that international demand for British goods and services remains strong. Drawing on recent visits to China, Japan and the World Economic Forum in Davos, he told delegates there was a "great thirst for Britain".
As Eoin Ó Catháin, the director of the Irish Whiskey Association, recently pointed out, "While we are selling more Irish Whiskey in volume than ever before, the value of our category is not increasing at the same rate, reflecting the pressures on spirits categories all over the world." The organization recently published the Irish Whiskey Global Trade Report 2025, which encompasses both reasons for excitement (heightened demand in India) and sources of frustration (slightly reduced demand in the U.S.).
It registered a marginal trade surplus of $153 million in September, following a $6.43 billion deficit in the prior month, Statistics Canada said. This was the first ever surplus that Canada has posted since U.S. President Donald Trump threatened and later imposed tariffs on critical sectors, which choked significant exports to the U.S., Canada's biggest trading partner. The bulk of the surplus was driven by a 44 per cent jump in Canada's trade surplus with the U.S., Statistics Canada data showed.
This town of around 21,000 inhabitants and known as the rose capital of the world is located in the Pedro Moncayo canton, in the province of Pichincha in Ecuador, and sits 37 miles north of Quito at an altitude of 9,400 feet. Beginning in the 1980s, the area's economy has hinged on the production of roses, thanks to its altitude, temperate climate and sunlight for up to 12 hours a day.
Exports of "new energy vehicles," including battery electric vehicles and plug-in hybrids, jumped 100% to 222,000 units in September, the industry organization said. That was slightly lower than the 224,000 units exported in August. China's EV makers have been increasingly looking abroad to markets such as Europe and Southeast Asia as overcapacity and price wars back home have pressured their profit margins. They invested more abroad than inside China last year, for the first time since 2014, the U.S.-based consultancy Rhodium Group said.
The BCC's budget submission focuses on policies to encourage investment, strengthen the workforce, support exports and develop infrastructure. The BCCs top four recommendations are for the Chancellor not to make more taxes on business, alongside reforming business rates and the axing of the windfall tax on oil and gas Labour should prioritise infrastructure investment and approval, including more rail projects, alongside a new runway at Heathrow and continued support for Gatwick and Luton.
The deadline for new US tariffs on India has passed early Wednesday, doubling the total levies on goods from the South Asian economic giant to 50%. US President Donald Trump had earlier announced the increase to pressure buyers of Russian fossil fuels, a major source of revenue for Moscow. Trump's trade adviser, Peter Navarro, said last week that "India doesn't appear to want to recognize its role in the bloodshed," in reference to Russia's war in Ukraine.
"The Taiwan dollar has been under strong appreciation pressure due to record trade surpluses, equity inflows, and hedging activity by Taiwan life insurance companies," Khoon Goh, head of Asia research at ANZ, wrote in a note.
Tanzania's coffee production is projected to increase to 1.45 million 60-kilogram bags during the 2025/26 market year, driven by favorable weather and improved farming practices.
