US digest: Trump to reduce tariff on food imports and US-Switzerland trade deal
In a fast-moving Friday across Washington and Wall Street, the United States announced a major breakthrough trade deal with Switzerland,…
Bihar election 2025: why the mandate matters to markets and 5 stocks to watch out for
Reporting a decisive lead in more than 200 seats in the rural and agriculturally dominant state of Bihar, India’s ruling…
UK fiscal credibility at risk as Reeves plans to abandon income tax rise, economists warn
Rachel Reeves is set to abandon a planned rise in income tax in her upcoming budget after a tumultuous week…
The next wave of AI-driven cost cuts: Vista and Meta send clear signals this week
The private equity and big tech playbooks are converging on a singular strategy: replace expensive human workers with automation. This…
Dow futures slip 214 points amid Fed jitters: 5 things to know before Wall Street opens
Dow futures were under pressure on Friday, falling about 214 points, roughly 0.5% as investors turned cautious ahead of key…
Merck to buy Cidara Therapeutics for $9.2 billion as Keytruda patent cliff approaches
Merck & Co. has agreed to acquire biotechnology firm Cidara Therapeutics in a $9.2 billion deal, accelerating efforts to broaden…
Applied Materials shares slide as China outlook darkens despite strong earnings
Applied Materials’ shares fell sharply in premarket trading on Friday, dropping more than 7%, after the chip equipment maker warned…
Investors push Argentina for more FX flexibility as Government holds line
Investors are pushing Argentina to relax its foreign-exchange regime, contending that a more flexible peso would be a big help in…
Commodity wrap: Fed caution hits bullion hard, Russian supply concerns boost oil
Gold prices slumped more than 3% on Friday as a December interest rate cut by the US Federal Reserve looks…
Europe bulletin: US-Swiss trade deal, UK tax U-turn, Novo Nordisk shake-up
Europe saw a flurry of political and economic developments this week, from a major US–Swiss trade breakthrough to the UK…