LONDON (Reuters) – Foreign investors dumped $6.5 billion of U.S. equities in the five trading sessions ending Wednesday, BofA Global Research said on Friday, as tariff induced turmoil gripped markets. Safe haven U.S. Treasuries saw their biggest ever weekly inflow of $18.8 billion, while investors withdrew $21.3 billion from active equity funds and a record …
Foreign investors dump $6.5 billion of U.S. equities in a week Read More »
BERLIN (Reuters) -The European Union will be ready to respond to U.S. tariffs if negotiations with the United States do not work, German Finance Minister Joerg Kukies said on Friday. “The U.S. side has to be aware that if negotiations do not work, then we will have another discussion around response mechanisms,” Kukies said in …
German finance minister: EU is ready to respond if trade talks with U.S. unsuccessful Read More »
BERLIN (Reuters) – German inflation eased to 2.3% in March, the federal statistics office said on Friday, confirming preliminary data. German consumer prices, harmonised to compare with other European Union countries, had risen by 2.6% year-on-year in February. (Reporting by Miranda Murray, Editing by Friederike Heine)
(Reuters) – Britain’s Character Group withdrew its annual forecast on Friday, as the manufacturer of popular children’s brands such as “Peppa Pig” and “Teletubbies” said it expects the effects of U.S. tariffs on China to be felt in the second half. Still, the children’s toys and products maker, which is also a third-party distributor for …
UK toy maker Character Group withdraws annual forecast, citing US tariffs Read More »
TOKYO (Reuters) -Japan’s Nikkei share average slumped on Friday in a brutal end to a volatile week as investors worried about the economic fallout from the rapidly escalating U.S.-China trade war as well as a strong yen that has been lifted by safe-haven flows. The Nikkei ended 2.96% lower at 33,585.58 after declining as much …
Japan’s Nikkei slumps on trade war worries, stronger yen Read More »
MILAN (Reuters) -Stellantis’ global shipments fell 9% year-on-year in the first quarter to an estimated 1.2 million vehicles, it said on Friday, after a 12% drop in 2024. The world’s fourth-largest automaker said the first-quarter drop primarily reflected lower North American production, due to extended holiday downtime in January, as well as product transitions and …
Stellantis’ first-quarter shipments fall 9% to 1.2 million vehicles Read More »
PARIS (Reuters) – French President Emmanuel Macron said on Friday that U.S. President Donald Trump’s decision this week for a 90-day suspension on tariffs he had imposed on countries gave room for only a ‘fragile pause’. “The partial suspension of American tariffs for 90 days sends out a signal and leaves the door open for …
France’s Macron: Trump tariff suspension only provides a ‘fragile pause’ Read More »
By Anna Hirtenstein and Yousef Saba (Reuters) – Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic, with officials preparing policy responses for a drop in revenue such as issuing more debt and reducing spending. Brent crude plunged more than 15% in the days following U.S. President Donald Trump’s aggressive …
Oil producers seek to shore up finances amid crude price plunge Read More »
By Allison Lampert and Rajesh Kumar Singh MONTREAL/CHICAGO (Reuters) – Cars, consumer goods, and industrial equipment have been delayed at ports, stuck on rail cars, and languished in warehouses at times over the last few months due to the White House’s on-again, off-again tariff policy. Planes and their engines are usually ordered by U.S. buyers …
Trump’s tariff confusion could leave aircraft deliveries in limbo Read More »
LONDON (Reuters) – Britain’s jobs market weakened again in March with the number of people looking for work rising by the most in more than four years as companies laid off staff and were cautious about hiring, according to a survey published on Friday. The Recruitment and Employment Confederation said the pace of hiring slowed, …
UK jobs market sees biggest jump in people looking for work since 2020 Read More »
