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,…
IMF nudges up global growth forecasts amid tariff volatility and geopolitical risks
On Tuesday, the International Monetary Fund (IMF) modestly raised its global growth predictions for 2025 and 2026, noting unexpectedly strong…
Fed meeting in focus: No rate cut, but Powell’s words may signal what’s next
The US Fed meeting is all set to begin on Tuesday, and investors are certain that the central bank will…
Global wheat outlook: harvests, exports, and tight stocks drive price revisions
Recent activity in the wheat market has led to price fluctuations within a narrow band. Prices have hovered around 540…
Panama Canal ports deal faces uncertainty as CK Hutchison seeks new consortium composition
On Monday, CK Hutchison announced ongoing discussions with a consortium regarding its $22.8 billion ports business. The talks involve incorporating…