News

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Thu, 10 Jul 2025 09:30:04 GMT

Apparel imports from China at 22-year low

U.S. apparel imports from China hit a 22-year low in May as tariffs bite, shrinking China's long-held share of the U.S. clothing market.

Thu, 10 Jul 2025 06:40:03 GMT

Q2 earnings await

European investors eye Q2 earnings for key signs of how firms handle trade shocks—and how sturdy their stock prices stay in this new volatile era.

Thu, 10 Jul 2025 03:30:04 GMT

Slovakia Veto's sanctions on Russia

Slovakia keeps veto on new EU sanctions against Russia over Ukraine, with Brussels-Bratislava talks failing to reach a deal, blocking approval again.

Wed, 09 Jul 2025 21:30:04 GMT

Jet fuel demand decreases

Global jet fuel demand will lag pre-COVID levels due to less Chinese travel, strict U.S. visas & efficient jets, weighing on oil demand and prices.

Wed, 09 Jul 2025 18:30:09 GMT

Apple wants F1 broadcast rights

Apple in talks to buy U.S. F1 broadcast rights next year after success of "F1: The Movie".

Wed, 09 Jul 2025 15:30:04 GMT

Merck buys competitor

Merck nears $10B deal to buy Verona Pharma at $107/ADS, its biggest buy since 2023, to boost lung disease portfolio, FT reports.

Wed, 09 Jul 2025 12:30:05 GMT

Trump to impose tariffs on copper

Trump to impose 50% tariff on copper to boost U.S. output; Comex copper futures surge 12% to record high on surprise move.

Wed, 09 Jul 2025 09:30:04 GMT

Starbucks China on the market

Starbucks' China biz draws buyout interest valuing it at $10B. Centurium, Hillhouse, Carlyle & KKR among bidders

Wed, 09 Jul 2025 06:30:05 GMT

Rio Tinto to announce new CEO

Rio Tinto may name a new CEO this month. Chair wants a leader open to big M&A, productivity, and cost cuts. Finalists pitch to the board in London this week.

Wed, 09 Jul 2025 03:30:05 GMT

UniCredit shares rise

UniCredit, Banco BPM shares rose after a report said the EU may force Italy to drop deal conditions. UniCredit sued, with a ruling expected this week.

Tue, 08 Jul 2025 21:30:05 GMT

Novartis approved in Switzerland

Novartis got Swiss approval for Coartem Baby, the first malaria drug for infants. Eight African nations are expected to quickly approve it next.

Tue, 08 Jul 2025 18:30:04 GMT

Japan's auto industry wants tariff cuts

Japan seeks auto tariff cuts in U.S. trade deal after Trump set 25% tariffs from Aug 1. Talks with U.S. Commerce Sec. Lutnick to continue actively.

Tue, 08 Jul 2025 15:30:13 GMT

Ryanair sees strong bookings

Ryanair CEO says summer bookings are strong, with Italy, Greece, Spain, the Balearics, Canaries, and Morocco seeing high demand through August.

Tue, 08 Jul 2025 12:30:05 GMT

Chevron to close Hess deal

Chevron readies to close its $53B Hess deal, prepping severance plans, as it awaits a key court ruling on Exxon's challenge that could block the merger.

Tue, 08 Jul 2025 09:30:04 GMT

Trump hesitant on BRICS tarrifs

Trump won't impose a 10% tariff on BRICS now, but may if they adopt "anti-American" policies, a source says.

Tue, 08 Jul 2025 06:30:04 GMT

Short sellers gain on Tesla

Tesla shorts gain $1.4B as TSLA drops 7.5% after Musk's new political party plan fuels worries about his focus, following a clash with Trump.

Tue, 08 Jul 2025 03:30:04 GMT

Tarrifs delayed

Trump delays new tariffs to Aug 1, giving trade partners 3 more weeks, but confusion grows as letters with rates go out now, keeping importers on edge.

Mon, 07 Jul 2025 21:30:04 GMT

Nissan plans selling of euro bonds

Nissan plans to sell $4B in USD and euro bonds, days after seeking payment delays from suppliers to ease cash flow.

Mon, 07 Jul 2025 18:30:09 GMT

Trump to tariff BRICS

Trump said the U.S. will slap an extra 10% tariff on nations backing BRICS' "anti-American policies," as the bloc's summit began in Brazil Sunday.

Mon, 07 Jul 2025 15:30:04 GMT

Musk creates new party

Trump & top donor Musk clash as Musk forms new party, slams Trump's tax bill as bankrupting America. Another sharp twist in their political feud.

Mon, 07 Jul 2025 12:30:06 GMT

Air France-KLM to raise stake in SAS

Air France-KLM plans to raise its SAS stake from 19.9% to 60.5%, buying shares from Castlelake and Lind Invest to boost its position in Europe.

Mon, 07 Jul 2025 09:30:05 GMT

Saudi Aramco raises capital

Saudi Aramco plans to sell up to 5 gas power plants to raise funds, possibly worth tens of billions.

Mon, 07 Jul 2025 03:30:04 GMT

India bans Jane Street

India bans Jane Street, citing "unlawful gains," and seizes $567M. Jane Street, a top global quant firm, disputes charges. It had a growing India presence.

Fri, 04 Jul 2025 21:30:04 GMT

France and Germany dispute over tariff talks

France and Germany clash over EU-US trade talks: Berlin wants a quick deal, Paris warns against showing weakness. EU doubts a zero-tariff pact is possible.

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