Early European rally wanes as Macron warns Trump tariff suspension only a ‘fragile pause’ – business live

Optimism across European markets appears to be waning. The pan-European Stoxx 600 has reversed earlier gains, and is now trading lower by 0.06% so far this session.And despite its earlier spike, Italy’s MIB is now also in the red, down about 0.3%

UK economy far exceeds forecasts to grow 0.5% in boost to Rachel Reeves

The UK economy unexpectedly expanded by 0.5% in February, figures show, in a boost for Rachel Reeves before an expected downturn triggered by Donald Trump’s tariff war.The increase in gross domestic product in February was five times larger than the 0.1% that a poll of City economists had forecast, while January’s figure of a modest fall of 0.1% was revised up to 0

Sledgehammer-wielding Musk critics smash up Tesla in London art project

Protective helmets were donned and sledgehammers wielded as Elon Musk critics vented their frustration at the Tesla boss and billionaire by smashing up a disused Tesla bound for the scrapheap.The public art project was organised by the social media campaign group Everyone Hates Elon. A 2014 Tesla Model S was provided by an anonymous donor “to create a debate about wealth inequality”, a spokesperson for the group said.The participants gathered at Hardess Studios in south London on Thursday to take it in turns to swing at the car with sledgehammers and baseball bats. The destroyed electric vehicle, which retails for about £14,000, will be auctioned in the next few weeks, with all proceeds going to food bank charities

Apple said to be flying iPhones from India to US to avoid Trump tariffs

Apple is reportedly chartering cargo flights to ferry iPhones from its Indian manufacturing plants to the US in an attempt to beat Donald Trump’s tariffs.The tech company has flown 600 tonnes of iPhones, or as many as 1.5m handsets, to the US from India since March after ramping up production at its plants in the country, according to Reuters.Trump’s threatened tariffs of 26% on Indian imports are on hold for about three months after the US president called a 90-day pause, but he has announced that tariffs on goods from China – where Apple assembles most of its iPhones – will be subject to a levy of at least 145%.A source familiar with the planning behind the move told Reuters Apple “wanted to beat the tariff”

Jaron Ennis has been tipped as boxing’s next great one. Now it’s time to prove it

The Philadelphia boxer nicknamed Boots, touted as a future pound-for-pound No 1, carries sky-high expectations and an unfinished family legacy into the biggest fight of his lifeBozy’s Dungeon never had a fixed address. For years it was tucked two blocks from the clattering El train in North Philadelphia, past strips of weathered rowhouses and corner stores. These days it sits in a quiet residential stretch of the Great Northeast. The location and sign on the door might change, but inside, it’s always the same: a temple of toughness and repetition, where talk is cheap and fighters are made brick by brick, round after round. The ring is sacred, the rules unwritten but understood: work, wait, and one day, your shot will come

Chess: Magnus Carlsen in form at Paris Freestyle after Hans Niemann drops out

Magnus Carlsen, the world No 1, was an early front runner in the $375,000 second leg of the Freestyle Grand Slam in Paris. The 34 year-old tied for first with Russia’s Ian ­Nepomniachtchi in the 12-player round robin which decided Thursday’s quarter-­finalists, and which proved a disaster for India. Three of their four contenders were eliminated, headed by the 18-year-old world champion, Gukesh ­Dommaraju, who also failed in the first Grand Slam leg in Germany. Friday’s semi-final pairings are Carlsen (Norway) v Fabiano Caruana (US) and Hikaru Nakamura (US) v ­Vincent Keymer (Germany).Gukesh could have qualified by beating Nepomniachtchi in the final round, but instead was brutally defeated in only 21 moves