LONDON (Reuters) -Shares in Europe’s biggest pharma companies fell in early trading on Friday, after U.S. President Donald Trump unveiled a new round of punishing tariffs, including 100% duties on branded drugs. The announcements, made on Truth Social, did not include details about whether the new levies would apply on top of national tariffs or …
European pharma shares drop after Trump threatens more tariffs Read More »
A look at the day ahead in European and global markets from Rae Wee Just as the word was slowly fading away from the memories of investors, it has been foisted upon them again. Asian share markets slumped on Friday after U.S. President Donald Trump made his latest tariff salvo, and attention now turns to …
BRUSSELS (Reuters) -Almost half of U.S. companies operating in Europe believe transatlantic economic relations will worsen, although that is a marked improvement from the start of U.S. President Donald Trump’s second term, according to a survey published on Friday. The American Chamber of Commerce to the European Union (AmCham EU), which has more than 160 …
Nearly half of US companies in Europe expect declining economic ties, survey shows Read More »
(Reuters) -President Donald Trump on Thursday unleashed a fresh round of punishing tariffs on a broad range of imported goods, including 100% duties on branded drugs and 25% tariffs on heavy-duty trucks. Trump also said he would start charging a 50% tariff on kitchen cabinets and bathroom vanities and a 30% tariff on upholstered furniture, …
Explainer-What to know about Trump’s tariffs on branded drugs, furniture and other goods Read More »
DUBLIN (Reuters) -Irish consumer sentiment ticked up slightly in September to remain close to a two-year low for the fifth successive month, suggesting the mood of the public remained “anxious rather than awful”, the survey’s authors said on Friday. The Credit Union Consumer Sentiment Survey edged up to 61.7 from 61.1 in August. The reading …
Irish consumer sentiment edges higher as mood remains ‘anxious’ Read More »
(Reuters) -Meta staffers have had discussions with Alphabet’s Google Cloud about the possibility of using its Gemini models to improve the Facebook parent’s ad business, the Information reported on Thursday. The talks are still in relatively early stages and may not result in an agreement, the report said, citing people with knowledge of the conversations. …
Meta in talks to use Google’s Gemini to improve ad business, the Information reports Read More »
By Kylie Madry MEXICO CITY (Reuters) – Citigroup will look for more minority investors in its Mexican retail unit, Banamex, before launching a potential initial public offering, executives said on Thursday. Citi will sound out top Mexican investors in the coming months, though it will look to sell stakes much smaller than the 25% that …
Citi to turn to more minority investors after Banamex stake sale Read More »
(Corrects paragraph 4 to include the speaker’s clarification that he left UBS late last year not earlier this year) By Joice Alves LONDON (Reuters) -As ChatGPT nears its third birthday, at least one in 10 retail investors is using a chatbot to pick stocks, fuelling a boom in the robo-advisory market, but even fans say …
‘ChatGPT, what stocks should I buy?’ AI fuels boom in robo-advisory market Read More »
By Jessica DiNapoli NEW YORK (Reuters) -Food maker Mondelez, which manufactures brightly colored Sour Patch Kids and Swedish Fish candies, is actively working to switch to natural dyes for products that use synthetic colors, the company said in an email, without giving a time frame for the transition. The Chicago-based company, which also makes Oreos …
Exclusive-Swedish Fish maker Mondelez will switch food dyes to natural, not synthetic Read More »
By Nicole Jao NEW YORK (Reuters) -Oil prices steadied on Thursday after hitting a seven-week high in the previous session as Russia moved to restrict fuel exports until the end of the year, but the gains were limited by new U.S. economic data that tempered optimism around further interest rate cuts. Brent futures settled 11 cents, or …
Oil holds steady at multi-week high as Russia limits fuel exports, US GDP revised up Read More »
