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China’s top leaders have pledged to help companies slammed by higher U.S. tariffs but held back on major moves after trade talks with the U.S. this week kept businesses and planners in…
German sportswear giant Adidas said on Wednesday (Jul 30) it took a hit from US tariffs in the second quarter but did not indicate whether it would pass on rising costs to consumers. The…
Porsche cut its outlook for the third time this year, with US President Donald Trump’s 15 per cent tariffs on European autos piling further pressure on the maker of 911 sports…
Unresolved U.S. tariff policy keeps outlook for the global retail and apparel sector at negative, said credit ratings firm Moody’s Ratings. “U.S. companies in the segment still face higher…
America’s business class is openly admitting to using the president’s tariffs as “great cover” for its rising prices. A report published Tuesday by the Groundwork Collaborative found that…
President Trump's unilateral power to impose tariffs on other nations will be hotly debated before a federal appeals court on Thursday, a case that could upend the White House trade agenda…
British car distributor Inchcape reported weaker first-half results on Tuesday (Jul 29) as US tariffs dampened demand for high-end vehicles in the Asia-Pacific region, hitting sales and…
U.S. President Donald Trump is pushing for trade deals with Cambodia and Thailand, and he’s using their border conflict to effect peace talks. Thailand and Cambodia on Monday said they…
President Trump said the baseline tariff rate for most countries will be in the "15% to 20%" range as he strikes deals and assigns tariffs before a Friday deadline to set his trade terms.…
President Trump announced a sweeping new preliminary trade deal with the European Union, under which the 27-nation bloc has committed to buying $750 billion worth of American energy and…
South Korea’s Kia Corp said on Friday (Jul 25) that it aims to increase its US sales and market share in the second half, driven by sales of new hybrid and petrol vehicles and as some…
Volkswagen lowered its financial outlook for the year, with the escalating cost of President Donald Trump’s tariffs weighing on earnings at the Audi and Porsche brands. The automaker now…
Japan's major trade deal with President Trump is heaping pressure on South Korea to strike its own agreement to stave off sky-high tariffs on goods it sends to U.S. markets. Source link
The European Central Bank looks set to keep interest rates unchanged on Thursday while the introduction of higher US tariffs threatened by US President Donald Trump hangs in the balance. A…
If you’re planning to roast s’mores over a campfire this summer, you’ll be spending more than last year on one ingredient that you cannot skip. Hershey plans to raise prices on its…
U.S. President Donald Trump has announced trade deals with Japan and a handful of other Asian countries that will relieve some pressure on companies and consumers from sharply higher…
Global shares rallied on Wednesday, with Tokyo’s benchmark Nikkei 225 index gaining 3.5% after Japan and the U.S. announced a deal on President Donald Trump’s tariffs. France’s CAC 40…
Garrett Leight California Optical is making the jump from China to Japan for its future production. The Los Angeles-based eyewear brand has been manufacturing nearly all of its collection…
AstraZeneca plans to spend $50 billion to expand manufacturing and research capabilities in the U.S. by 2030, it said on Monday, the latest big investment by a pharmaceutical company…
General Motors’ second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging tariff policies, which it said sapped $1.1 billion from the…
President Trump plans to host Philippine President Ferdinand Marcos Jr. on Tuesday at the White House, as the two countries are seeking closer security and economic ties in the face of…
Cantor Fitzgerald, a financial services company led by the sons of US commerce secretary Howard Lutnick, is creating a way for investors to bet that President Donald Trump’s signature…
Stellantis said on Monday (Jul 21) it expected the hit from restructuring costs and the initial impact of US tariffs to have pushed the carmaker to a 2.3 billion euro (S$3.4 billion) loss…
The Singapore dollar is under renewed pressure as US trade challenges are primed to worsen and as speculation of exchange-rate policy easing rises. The Asian currency, which is already…
