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Revolution on Wheels: How Mobile Businesses Are Driving Global Entrepreneurship The world of entrepreneurship is hitting the road—literally. Across continents, mobile businesses, also known as businesses on wheels, are gaining momentum as a cost-effective, adaptable, and innovative model for launching ventures. Whether it’s a cozy food truck serving gourmet crepes or a fully-equipped van offering pet grooming on demand, these mobile enterprises are taking hold in communities large and small. In rural France, a region now considered a hub for so-called van-trepreneurs, mobile services have flourished. The sight of a cinema on wheels or a beauty salon parked at a farmer’s market is no longer unusual. With lower overheads and the freedom to move to where the demand lies, entrepreneurs are reimagining traditional business models. But this is far from a European phenomenon. In India and Kenya, the mobile business wave is equally strong. From mobile medical clinics serving underserved populations to innovative delivery kitchens and salon vans, entrepreneurs are adapting this flexible format to meet regional needs and consumer habits. The global appeal lies in its affordability, reach, and convenience—making entrepreneurship more accessible than ever. As digital tools and platforms make scheduling, payments, and marketing easier, the growth of mobile businesses shows no signs of slowing. For many, it's not just a trend—it's a transformation in how we live, work, and serve communities.
Top Business Grants Every Young Entrepreneur Should Know in 2025 Starting a business as a young entrepreneur can be both exciting and challenging. One of the biggest hurdles is securing the necessary funding to launch and grow your venture. Fortunately, there are numerous grants available to support young business owners in 2025. These grants not only provide financial assistance but also offer valuable networking and mentorship opportunities. 1. The Young Entrepreneur Grant The Young Entrepreneur Grant is designed specifically for entrepreneurs under the age of 30. This grant offers a substantial sum to help young people establish their businesses, with no requirement for repayment. It encourages innovation and entrepreneurship across various industries, including tech, retail, and services. 2. The Prince's Trust Enterprise Programme The Prince's Trust Enterprise Programme is another excellent opportunity for young entrepreneurs, particularly in the UK. This grant provides up to £5,000 in funding, along with access to business mentors and workshops. It’s ideal for individuals aged 18 to 30 who have a business idea but need financial support to get started. 3. The Small Business Innovation Research (SBIR) Program For young entrepreneurs in the US, the SBIR program is a great resource. It focuses on technology-driven businesses and offers funding in multiple phases. While highly competitive, this grant can provide significant financial backing for innovation and research. 4. Local Government and Private Grants Many local governments and private organizations also offer grants to young entrepreneurs. These often focus on specific industries or regions, so be sure to check your local resources for opportunities tailored to your business. These grants can give you the boost you need to turn your entrepreneurial dreams into reality. Take the time to research the grants available in your area and industry to find the best fit for your business.
Tesla Refutes Claims of Seeking Musk’s Replacement Tesla has officially denied recent media reports suggesting that the company has approached executive search firms to find a potential replacement for CEO Elon Musk. The speculation arose following a report indicating that some Tesla board members had quietly explored leadership alternatives in response to Musk’s growing focus on other ventures, such as X (formerly Twitter) and SpaceX. In a statement issued on Tuesday, a Tesla spokesperson dismissed the rumours as “completely false” and reaffirmed the board's support for Musk’s leadership. “The Tesla board has not engaged with any headhunters nor considered any replacements for Mr. Musk,” the company stated. The rumours had stirred concerns among investors, particularly given Musk’s multiple high-profile roles and his recent controversial decisions at X, which have drawn public and regulatory scrutiny. Despite these concerns, Tesla's leadership appears committed to Musk's continued role in driving the company’s mission of sustainable energy and autonomous vehicles. Elon Musk also addressed the speculation on social media, calling the report “fake news” and reaffirming his dedication to Tesla. He highlighted recent achievements such as advancements in the Full Self-Driving (FSD) system and upcoming product releases as proof of his ongoing engagement with the company. Industry analysts remain divided on the issue. While some believe Tesla should prepare for eventual succession planning, others argue that Musk remains an irreplaceable visionary at the heart of the brand. Despite the turbulence, Tesla’s stock held steady in Tuesday’s trading session, suggesting investors are taking a wait-and-see approach. As of now, there is no concrete indication of any leadership change on the horizon. With the company continuing to push forward in AI, robotics, and electric vehicle innovation, Tesla insists that Elon Musk remains firmly at the wheel.
Starbucks CEO Focuses on More Baristas, Scales Back Tech Starbucks is taking a human-first approach by planning to hire more baristas and reduce its dependence on technology. The move comes as the company shifts focus back to personalised service, aiming to improve customer satisfaction and store efficiency. In a recent interview, the Starbucks CEO highlighted that customers value warm, genuine interactions with baristas more than digital ordering screens or AI-driven automation. While technology has played a key role in Starbucks’ growth—such as app ordering and automated espresso machines—the company believes now is the time to rebalance. By hiring more baristas, Starbucks aims to cut down long wait times and boost the quality of service. The company has received feedback from both customers and employees that tech-driven efficiency often overlooks the core Starbucks experience: connection and community. The CEO noted that some customers have felt that their visits have become too transactional, with less personal engagement. Reducing the tech overload doesn’t mean Starbucks will go backward. Instead, it will invest in supporting technologies behind the scenes—like smarter scheduling software and improved supply chain systems—while returning the in-store focus to people. The goal is to make the stores more welcoming and the barista role more fulfilling. The shift comes at a time when many retailers are leaning heavily into tech solutions. Starbucks is taking a bold step by going in the opposite direction, betting that its customer loyalty is rooted in real, human connection. As this strategy unfolds, all eyes will be on whether more smiling baristas and fewer gadgets will help Starbucks brew stronger relationships—and stronger sales.
How South America Could Gain from Trump's Trade Tariffs When former U.S. President Donald Trump imposed trade tariffs on countries like China, Europe, and Mexico, global trade dynamics shifted significantly. While many regions faced economic pressure, South America found itself in a unique position to benefit. Trump’s tariffs, particularly on Chinese goods, opened new doors for South American countries. For instance, China, in response to U.S. tariffs, sought new suppliers for agricultural products like soybeans, beef, and pork. Nations such as Brazil and Argentina quickly filled this gap, boosting their exports to China and gaining a larger share of the global agricultural market. This shift not only helped South American farmers but also strengthened trade ties between South America and Asia. Moreover, as U.S. and Chinese manufacturing sectors struggled with higher tariffs, companies started looking for alternative production hubs. Some businesses considered moving operations to South American countries like Colombia, Peru, and Chile, where labour costs were lower and trade relationships were less strained. This potential shift promised more investment, job creation, and technological growth for the region. However, the benefits were not evenly spread. Countries with strong agricultural sectors gained the most, while others without significant export products or trade infrastructure saw fewer advantages. Additionally, South America’s economic success depended heavily on political stability and investment in infrastructure, areas where improvements were still needed. In conclusion, while Trump's trade tariffs created challenges for many economies, South America had opportunities to strengthen its global trade position. With strategic planning and continued development, the region could turn these short-term gains into long-term economic growth.
UK-EU Trade Takes Priority Over US Deals, Says Reeves Shadow Chancellor Rachel Reeves has emphasised that strengthening trade relations with the European Union should take priority over forging new trade deals with the United States. Speaking at a recent business forum, Reeves underlined that the EU remains the UK’s largest trading partner, making its economic relationship with Europe vital for future growth. Reeves stated that while a good trade deal with the US is beneficial, the volume and importance of trade with the EU are far greater. She pointed out that British businesses continue to face hurdles when trading with European countries post-Brexit, and these barriers must be addressed to support economic recovery and stability. “Rebuilding our economic ties with the EU is not just about trade numbers; it’s about securing jobs, boosting exports, and creating opportunities for businesses across the UK,” Reeves said. She also indicated that a Labour government would work towards removing unnecessary trade barriers, improving market access, and restoring trust with European partners. At the same time, Reeves acknowledged the strategic importance of maintaining strong relations with the United States, particularly in areas such as security, investment, and innovation. However, she made it clear that trade with the EU has a more immediate and direct impact on the British economy. Business leaders welcomed her comments, expressing hope that future policies would ease the challenges they currently face when exporting to Europe. Analysts have also noted that improved relations with the EU could strengthen the UK’s overall global standing and help attract new investment. As the next general election approaches, trade and economic relations with major partners like the EU and the US are likely to be key issues for voters and businesses alike.
US Corporate Leaders Sound Alarm Over Tariffs and Economic Uncertainty Top executives from major American companies are expressing growing concern about the financial strain caused by ongoing US trade policies, particularly the imposition of tariffs. The uncertainty around international trade relationships has already led several high-profile firms to revise or completely withdraw their financial forecasts, citing rising costs and unstable market conditions. Among those voicing alarm are technology giant Intel, footwear brand Skechers, and consumer goods leader Procter & Gamble (P&G), all of which have pointed to the escalating tariffs and broader economic instability as key reasons for their cautious outlooks. Intel Cites Recession Risk Amid Gloomy Forecasts Intel’s Chief Financial Officer, David Zinsner, warned investors that the unpredictability of trade policies is significantly increasing the risk of a broader economic slowdown. “The very fluid trade policies in the US and beyond, as well as regulatory risks, have increased the chance of an economic slowdown with the probability of a recession growing,” Zinsner said during a recent investor call. The California-based semiconductor company reported weaker-than-expected revenue and profit forecasts, sending its stock tumbling over 5% in after-hours trading. Zinsner added, “We will certainly see costs increase,” hinting at the burden new tariffs could place on production and supply chains. Skechers Pulls Forecast, Blames Unpredictable Environment Footwear company Skechers, which manufactures much of its product line in Asia, particularly China, also echoed concerns about the current economic climate. The company made the unusual move of withdrawing its full-year earnings forecast altogether. “The current environment is simply too dynamic from which to plan results with a reasonable assurance of success,” said David Weinberg, Chief Operating Officer at Skechers. The company’s shares fell after the announcement, underscoring investor anxiety over prolonged trade friction and manufacturing uncertainty. Procter & Gamble Eyes Price Hikes to Offset Costs Procter & Gamble, known for household staples such as Ariel detergent, Gillette razors, and Head & Shoulders shampoo, said it may need to raise prices to manage increasing raw material costs due to tariffs on Chinese imports. Andre Schulten, P&G’s Chief Financial Officer, acknowledged that while the company is actively looking for ways to absorb the extra costs, price adjustments for consumers may be
US Imposes Tariffs Up to 3,521% on Southeast Asian Solar Panels In a major move aimed at protecting domestic manufacturers, the United States has announced steep tariffs of up to 3,521% on solar panels imported from Southeast Asia. The decision follows an investigation that found some Chinese companies were routing their products through countries like Vietnam, Malaysia, Thailand, and Cambodia to avoid existing duties. The US Department of Commerce concluded that these companies were circumventing anti-dumping and countervailing duties originally placed on Chinese solar products. As a result, tariffs will now be imposed on imports from certain manufacturers operating in Southeast Asia, particularly those linked to Chinese firms. This decision could significantly impact the solar industry. Southeast Asia currently supplies around 80% of the solar panels used in the United States. Many US solar developers warn that the high tariffs could lead to price increases, delays in projects, and a slowdown in the country’s clean energy transition. However, US solar panel manufacturers welcome the move, stating that it levels the playing field and supports domestic production. “This is a long-overdue step to stop unfair trade practices,” said a spokesperson from a US solar manufacturing group. The tariffs are expected to vary by company, with the highest rate—3,521%—targeting specific firms found to be the worst offenders. Other companies that cooperated with the investigation may face lower tariffs or exemptions. This move comes amid rising global tensions over clean energy technology and trade. It highlights the ongoing struggle between promoting renewable energy and enforcing fair trade practices. The new tariffs are scheduled to take effect later this year, giving companies time to adjust supply chains or apply for exemptions if eligible.