Trump won't impose a 10% tariff on BRICS now, but may if they adopt "anti-American" policies, a source says.
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.
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.
Nissan plans to sell $4B in USD and euro bonds, days after seeking payment delays from suppliers to ease cash flow.
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.
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.
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.
Saudi Aramco plans to sell up to 5 gas power plants to raise funds, possibly worth tens of billions.
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.
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.
BBVA will equip 100,000 staff with Google Workspace + Gemini GenAI tools, boosting its AI strategy through a deeper partnership with Google Cloud.
Chesnara will buy HSBC's UK life insurance arm for £260M in cash as HSBC streamlines under CEO Elhedery to boost returns, the firms said Thursday.
Europe's top asset manager warns the US GENIUS Act may fuel a dollar stablecoin boom, risking global payment disruptions and shifting money flows.
U.S. clears GE to resume jet engine shipments to China's COMAC, easing trade tensions as both sides lift export curbs on tech and rare earths.
UK ministers eye possible crackdown as 62 Vodafone franchisees sue for £120M, alleging unfair cuts that left them in debt and enriched Vodafone.
German industrial orders fell 1.4% in May, far worse than the 0.1% drop forecast, due to a one-off effect, official data showed Friday.
U.S. added 147K jobs in June, jobless rate dipped to 4.1%. Solid labor market may let Fed delay rate cuts to September. May jobs revised up to 144K.
Trump's big tax bill cleared a key House step after overnight drama. The Senate passed it with VP Vance's tie-break. Final House vote expected by Friday.
Santander will buy TSB for £2.65B to strengthen its UK position, after recently weighing an exit from Britain amid years of underperformance.
Tesla's China EV sales hit 61,000 in June, up 3.7% YoY and jumping 59% from May, Tesla China reported Thursday.
Microsoft will cut nearly 4% of its 228,000 staff to curb costs amid big AI spending, after already laying off ~6,000 in May.
Kenya plans IPOs to privatize state assets, starting with Kenya Pipeline on the Nairobi exchange this year, President Ruto told the London Stock Exchange.
UK house prices fell 0.8% in June, the biggest drop since Feb 2023, after tax breaks ended. Demand may rebound over summer despite economic worries.
Nissan recalls 443,899 U.S. vehicles over engine defects that may cause failure and raise crash risk, per U.S. auto safety agency.