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U.S. stuns Switzerland with 39% tariff but new deadline provides hope
A person sits in front of the Lindt Chocolates store on April 11, 2025 in Basel, Switzerland. Sedat Suna | Getty Images News | Getty ImagesSwitzerland is officially on holiday…
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European stocks set to open lower amid Trump’s tariff rejig
Pharma giant Bayer has raised sales forecastPharma giant Bayer has raised its 2025 sales forecast - anticipating annual sales of 46 to 48 billion euros, up 1 billion euros at…
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Trump rejigs tariff rates ahead of deadline, levies 40% duties on all
U.S. President Donald Trump points a finger as he delivers remarks in the Roosevelt Room at the White House in Washington, D.C., U.S., July 31, 2025. Kent Nishimura |…
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Trump tariffs challenged at appeals court
A federal appeals court appeared skeptical Thursday of arguments from a Justice Department lawyer defending President Donald Trump's global tariff regime.Trump has claimed he…
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Treasury Secretary Bessent says ‘we have the makings of a deal’ with China
Treasury Secretary Scott Bessent on Thursday expressed confidence that the U.S. and China are on the way to trade pact as a key tariff deadline nears."I believe that we have the…
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EU-U.S. trade deal dented euro strength. Strategists say it may not last
The euro has tumbled more than 2% against the U.S. dollar since the European Union struck a framework trade deal with the White House over the weekend, raising questions over…
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Trump announces trade deal with South Korea, setting tariffs at 15%
File photo: US President Donald Trump gestures during a joint press conference in South Korea.Afp Contributor | Afp | Getty ImagesU.S. President Donald Trump on Wednesday…
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Trump sets 25% tariff for India plus ‘penalty’ for Russia trade
U.S. President Donald Trump listens as Indian Prime Minister Narendra Modi speaks during a joint press conference in the East Room at the White House on February 13, 2025 in…
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Why UK bank launch is taking so long
Key PointsRevolut was granted a banking license with restrictions in July 2024 from the U.K.'s Prudential Regulation Authority (PRA).A year on, the fintech giant is still in a…
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European stocks STOXX 600, FTSE 100, DAX and CAC 40 set to open higher as
L'Oreal warns the EU-U.S. trade deal would be costlyL'Oreal missed second-quarter sales forecasts, posting a 2.4% increase, as growth in Europe slowed more than expected. The…
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