Trump may hike pharma levies to 250 per cent
President Trump warns he could escalate pharmaceutical tariffs to as high as 250 per cent with extra levies on chips also on the table. Trump tells our colleagues Stateside, he wants to force producer...
6 Aug 202525min
Markets rally on Fed rate cut hopes
U.S. equities rally, unfazed by tariffs and weak economic data as investors anticipate further rate cuts from the Federal Reserve. President Trump threatens to increase tariffs on India over its purch...
5 Aug 202525min
Swiss markets react to Trump tariffs
Swiss equity markets react for the first time since President Trump imposed a 39 per cent levy on the country last week. European markets look to bounce back following Friday’s sell-off which was thei...
4 Aug 202525min
Trump unveils 1st August tariff rates
President Trump launches his latest round of tariffs, hitting Canada and Switzerland with higher levies due to start in a week’s time. The dollar jumps on the move – its first monthly gain since Trump...
1 Aug 202524min
Meta, Microsoft shares surge on Q2 profit beats
Meta ups its guidance on the back of a Q2 profits beat while Microsoft outperforms, growing revenue at its fastest pace in three years. In aviation news, Airbus confirms its delivery targets for the y...
31 Jul 202525min
UBS warns of clients' 'tariff fatigue'
Swiss lender UBS posts a Q2 net profit beat but CEO Sergio Ermotti tells CNBC that tariff ‘fatigue’ is beginning to affect client sentiment. Chinese and U.S. negotiators have failed to confirm a trade...
30 Jul 202526min
European leaders unhappy over Brussels' concessions in Trump deal
European leaders vent their frustration at the trade deal secured by U.S. President Donald Trump with the EU as details of the agreement begin to sink in around the bloc. Trump has said he will set ta...
29 Jul 202524min
U.S. and EU reach trade deal
U.S. President Donald Trump and European Commission President Ursula von Der Leyen announce a deal to avert a full-blown trade war but the EU will still be hit with tariffs of 15 per cent. European fu...
28 Jul 202525min
