Apple shares surge despite China sales falling short

Apple shares surge despite China sales falling short

Apple shares soar more than 3 per cent in after-hours trade boosted by strong revenue from services. However, iPhone sales disappoint, dragged down by poor Chinese demand. Canadian and Mexican imports into the U.S. will be hit with 25 per cent tariffs from tomorrow but President Trump says he is still undecided whether the measures will affect oil. The ECB slashes euro interest rates by 25bps. It’s the central bank’s fifth cut of the cycle amid growing concerns about sluggish growth throughout the bloc. President Christine Lagarde says that a larger cut was not on the table. And two black boxes have been recovered from the Potomac River in Washington D.C. following Wednesday night’s fatal mid-air collision between a regional American Airlines jet and a military Black Hawk helicopter.

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Avsnitt(1822)

More than 70 Labour MPs call for Starmer departure

More than 70 Labour MPs call for Starmer departure

UK Prime Minister Sir Keir Starmer’s leadership hangs by a thread with now more than 70 Labour MPs calling for him to resign following last Thursday’s devastating local and regional election results. ...

12 Maj 25min

Trump slams Tehran's peace plan response

Trump slams Tehran's peace plan response

President Trump dismisses the Iranian response to a U.S. peace proposal as ‘totally unacceptable’. Brent crude prices nudge past the $100-mark on the news. Beijing prepares to welcome President Trump ...

11 Maj 25min

Gilt yields hold high as election losses hit U.K.'s Starmer

Gilt yields hold high as election losses hit U.K.'s Starmer

U.K. stocks have dropped and gilt yields hold near multi-decade highs, after U.K. Prime Minister Keir Starmer and his Labour Party see bruising losses in local elections, with Farage’s Reform UK makin...

8 Maj 26min

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Iran says it is considering U.S. proposal to end the conflict as well reportedly begins talks to re-open the Strait of Hormuz and the future of its nuclear programme. President Trump is optimistic an ...

7 Maj 25min

Trump slams brakes on 'Project Freedom' as talks progress

Trump slams brakes on 'Project Freedom' as talks progress

President Trump pauses the ‘Project Freedom’ operation after revealing that progress has been achieved on a potential deal with Tehran to end the conflict. U.S. Secretary of State Marco Rubio says reo...

6 Maj 25min

U.S. and Iran exchange fire in Strait of Hormuz

U.S. and Iran exchange fire in Strait of Hormuz

The U.S.-Iranian ceasefire agreement is in danger of falling apart after Tehran targets ships in the Strait of Hormuz. The flare-up sees the UAE also engage Iranian missile and drone fire. Unicredit h...

5 Maj 24min

U.S. navy to guide stricken tankers through Strait of Hormuz

U.S. navy to guide stricken tankers through Strait of Hormuz

U.S. President Donald Trump pledges to help guide stranded tankers through the Strait of Hormuz, using as many as 15,000 troops and 100 aircraft. The European Commission is mulling a response after Pr...

4 Maj 26min

ECB, BoE hold rates steady in face of inflation threat

ECB, BoE hold rates steady in face of inflation threat

Both the ECB and the BoE decided to hold interest rates steady but warn that a June hike could be on the cards should inflation pressures connected to the Iran crisis escalate. The S&P 500 and Nasdaq ...

1 Maj 30min

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