Trump’s 50% tariff on Brazilian goods takes effect, marking sharpest trade action yet
A new round of US tariffs on Brazilian goods took effect on Wednesday, August 6, marking the highest tariff Washington…
Trump doubles India tariffs to 50% over Russian energy purchases
US President Donald Trump has announced an additional 25% tariff on Indian goods, citing New Delhi’s continued purchases of Russian…
EU tariffs on alcohol could cost US $2B and 25,000 jobs
A coalition of 57 alcohol industry groups has warned President Donald Trump in a letter that a 15% tariff on…
The great industrial slowdown: why tariffs and technology are reshaping the future of emerging economies
A new industrial map is being drawn, and it looks nothing like the one that powered Asia’s rise. Emerging economies…
How Trump’s 50% tariff will affect India
India’s economy could face a multibillion-dollar impact following US President Donald Trump’s decision to raise tariffs on Indian goods to…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
Nifty 50 Index forecast ahead of RBI interest rate decision
The Nifty 50 Index remained in a tight range as Donald Trump threatened a higher tariff rate on Indian imports…
Australia funds Trafigura’s Nyrstar to counter China’s mineral dominance
Australia announced on Tuesday a financial aid package of A$135 million ($87.4 million) for two Nyrstar-owned smelters, a subsidiary of…
BP surpasses Q2 expectations with $2.35 billion profit amid upstream strength
BP on Tuesday reported a stronger-than-expected second-quarter profit of $2.35 billion, exceeding analysts’ projections and highlighting a return to form…
Japan faces food security crisis amid record heat and stink bug infestation
On Tuesday, Japan experienced its highest-ever temperature, reaching 41.8 degrees Celsius (107.2 degrees Fahrenheit). In response, the government recommended that…