Trump signals 50% tariff on Brazil amid political tensions and trade disputes
US President Donald Trump announced on Wednesday that new trade duties will have a minimum rate of 15%, with the…
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…
China’s heatwave fuels power crisis and health warnings
Amidst record-breaking heatwaves gripping large parts of China, the country issued a warning on Wednesday regarding potential power supply disruptions. …
Chinese import shifts, infrastructure boom reshape global metals markets
Recent developments in China’s import landscape and ambitious infrastructure projects are sending ripples through global commodity markets, particularly impacting copper,…
Gold shines amid dovish Fed talk, platinum faces mixed signals
Gold prices began the week on an upward trajectory, bolstered by dovish remarks from a prominent figure within the US…
Japan’s market is rallying, but its economy says it may be short-lived
Japan’s stock market is surging. The Nikkei 225 is up over 3% on Wednesday morning and just hit a 52-week…
Inside India’s booming pet care industry: how pet parents are driving a billion dollar market
For Aakash Mehra, a Delhi-based graphic designer, life now revolves around his three-year-old Persian cat, Sushi. Whether planning a weekend…
EU prepares €100B tariff retaliation if Trump imposes 30% duties
The European Union is readying a sweeping €100 billion ($117 billion) package of retaliatory tariffs on American goods if President…
What sealed the US-Japan trade deal? Here’s what Treasury secretary revealed
The US and Japan have struck a major trade deal aimed at cooling tensions and avoiding a full-blown trade conflict.…
No urgency to replace Fed Chair Powell, Treasury Sec Bessent says
US Treasury Secretary Scott Bessent said on Wednesday that the administration is not in a hurry to identify a successor…