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
Trump, Powell clash over Fed Res renovation costs
President Trump tours renovations at the Federal Reserve and says costs have spiralled to $3.2bn at the site but Chairman Jerome Powell pushes back against the claims. LVMH suffers a larger-than-expec...
25 Jul 202525min
Tesla slumps in Q2 on fading subsidies, poor European sales
Tesla shares slump after CEO Elon Musk warns of potential ‘rough quarters’ ahead as EV subsidies expire and European sales nosedive by 40 per cent in June. Deutsche Bank sees profits double in H1 to €...
24 Jul 202526min
Trump hails 'massive' U.S.-Japan trade agreement
The U.S. and Japan agree to what President Trump calls ‘the largest trade deal in history’. Tariffs on most goods including autos have been reduced to 15 per cent, sending shares spiking among car man...
23 Jul 202526min
