Tariffs and spending cuts likely to increase US stagflation risks, warns ING
The current US economic landscape is characterised by rising inflation and a decrease in consumer spending. These existing trends are…
Beyond car stocks: Donald Trump’s tariffs threaten global auto supply chains
US President Donald Trump’s plan to impose tariffs on imported vehicles is sending shockwaves far beyond the Detroit auto industry.…
Myanmar earthquake death toll soars; Thai rescuers search for dozens trapped in Bangkok collapse
Southeast Asia is reeling from a pair of devastating events, as a powerful earthquake in Myanmar leaves a trail of…
Brazil’s inflation hits two-year high amid Central Bank tightening
Brazil’s economy is now dealing with rising inflation rates, with the latest official data showing a 12-month inflation rate of…
Hertz and Avis surge as Trump’s auto tariffs spark rental boom
Shares of Hertz (HTZ) and Avis Budget Group (CAR) surged on Thursday after US President Donald Trump announced a plan…
US halts financial contributions to WTO amid policy review: report
The United States has withheld its 2024 and 2025 financial contributions to the World Trade Organization (WTO), putting $25.70 million…
Why is EU considering deregulation of energy laws amid economic concerns?
The European Commission, the executive arm of the European Union, is actively exploring potential revisions to the existing EU energy…
Interview: US tariffs could cost India $3-$5 bn worth of exports and a 10 bps hit to GDP growth, says Dr Devendra Pant, India Ratings and Research
Donald Trump’s entry into the Oval Office and his trade policies, particularly the imposition of tariffs on imports, have disrupted…
WHSmith to vanish from UK high streets after 200-year run following £76M sale to Modella Capital
WHSmith-branded stores will disappear from UK high streets following the company’s decision to sell its entire high street division to…
Why Trump’s auto tariffs will break the bank before they build the factory
President Trump’s recent auto tariffs announcement did not land with a bang. But its effects are already reaching deep into…