Trade deal, strong US data weigh on gold; Fed meeting eyed for direction
Gold prices have declined further following the initial resolution of the trade disagreement between the EU and the US. Since…
Bank of Canada holds rate at 2.75%, keeps easing bias amid trade uncertainty
The Bank of Canada (BoC) kept its benchmark interest rate unchanged at 2.75% for a third straight meeting on Wednesday…
Morgan Stanley ups Argentine exposure in LatAm shift, maintains Brazil overweight
Morgan Stanley has published an update to its Latin American model portfolio, which incorporates a more diversified approach by boosting…
Morgan Stanley foresees volatility for Match, Bumble in Q2 as turnaround remains elusive
Morgan Stanley on Monday warned that it foresees “elevated volatility in key performance indicators and financial metrics” for online dating…
US needs ‘more negotiations’ with India on trade ahead of Aug 1 tariff deadline, Greer says
The United States’ top trade official has indicated that “more negotiations” will be necessary to secure a trade deal with…
India overtakes China as top smartphone exporter to US amid shifting supply chains
India has overtaken China to become the leading exporter of smartphones to the United States for the first time, marking…
Stellantis stock slides as reinstated guidance underwhelms investors
Stellantis shares dropped 4.3% on the Milan exchange on Tuesday after the automotive group reinstated its full-year guidance, only to…
Why US-EU trade deal faces jeopardy over ambiguous pharmaceutical tariffs
Pharmaceutical companies are seeking clarification on tariffs imposed under the new US-EU trade agreement. Analysts caution that sector-specific punitive levies…
Consumers brace for higher grocery bills as Trump’s tariffs loom
US President Donald Trump’s new blanket tariffs are scheduled to take effect on August 1, a move that experts warn…
Novo Nordisk shares fall as it slashes 2025 outlook amid US sales drag
Copenhagen-listed shares of Novo Nordisk plunged more than 21% on Tuesday after the Danish pharmaceutical company issued a profit warning,…