China strikes back with 125% tariffs on US imports amid deepening trade war
China has sharply escalated its trade confrontation with the United States, raising tariffs on American goods to 125% from 84%…
Germany’s plan to save European defence and its industrial future
Germany’s defence policy has changed more in the past four weeks than it has in the past four decades. In…
JD.com, Freshippo step up to support struggling Chinese exporters tap domestic market amid US-China tariff war
Chinese e-commerce companies are stepping up to help the country’s exporters tap the domestic market as the US-China trade war…
Argentine peso futures fall amid uncertainty ahead of IMF deal and currency policy
Argentine peso futures have fallen sharply in recent days, reflecting traders’ growing concerns about the currency’s prospects. According to a…
US consumer sentiment plunges to lowest level in over a decade as trade tensions escalate
Consumer confidence in the United States has slumped to its weakest level in over ten years, undercut by escalating trade…
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…
The great airlift: how Apple ferried 1.5M iPhones from India to the US to beat Trump tariffs
Apple has airlifted around 600 tonnes, or about 1.5 million iPhones, from India to the United States, chartering cargo flights…
US inflation cools to 2.4% in March as jobless claims rise, easing market jitters
Inflation in the United States cooled more than expected in March, while weekly jobless claims ticked higher, signaling a potential…
Trump’s ‘great time to buy’ post sparks market manipulation claims: calls for probe grow
Donald Trump is under fire for possible market manipulation after a social media post urging investors to buy stocks preceded…
Prada acquires Versace in €1.25 billion deal: what it could mean for Capri Holdings’ stock as share price falls
In a defining moment for the luxury fashion world, Prada announced on Thursday that it will acquire Versace for 1.25…