The latest round of tariffs announced by the US administration is expected to weigh heavily on economic growth in the eurozone and the UK, increasing the likelihood of a recession in the second half of 2025, analysts at Barclays (LON:BARC) warn. The new trade barrie...
European Commission President Ursula von der Leyen has strongly criticized the U.S. President Donald Trump’s sweeping tariffs, calling them a serious threat to the global economy. She warned that the European Union is ready to retaliate if negotiations with Washingt...
(Reuters) – The director of the National Museum of African American History and Culture in Washington, Kevin Young, has gone on personal leave, the Washington Post reported on Wednesday, citing an internal email it obtained. The Post reported that no reason fo...
By David Shepardson WASHINGTON (Reuters) – Boeing (NYSE:BA) is in discussions with the U.S. Department of Justice to reach a revised plea agreement in a criminal fraud case stemming from the planemaker’s alleged misrepresentations to regulators about a key syst...
Foreign exchange markets appear to be complacent ahead of the deadline on U.S. tariffs, according to Bank of America (NYSE:BAC) Securities, after recent U.S. dollar buying. “We believe tariffs on selective products are what markets expect, but across-the-board tarif...
BHP Group (NYSE:BHP), the world’s largest publicly traded mining company, is reportedly contemplating the separation of its Australian iron ore and coal divisions. This potential move is part of a mid-term growth strategy, as per Reuters. The company’s shares saw a ...
Bitcoin steadied on Wednesday seeing little buying as traders remained largely risk-averse in anticipation of more trade tariffs from U.S. President Donald Trump due later in the day. The world’s largest cryptocurrency recovered marginally this week after clocking s...
Gold prices inched lower in Asian trading on Wednesday after hitting an all-time high in the previous session, as traders awaited specific details on U.S. President Donald Trump’s April 2 tariffs. XAU/USD inched 0.3% lower to $3,116.24 per ounce by 00:57 ET (04:57 ...
ExchangeRates.org.uk – The Pound to Dollar (GBP/USD) exchange rate has settled below the 1.3000 level.Bank of America (NYSE:BAC) does see the risk of a near-term GB/USD slide towards 1.26 amid trade fears, but is notably bullish on the medium-term outlook amid...
Bitcoin rose slightly on Tuesday, tracking a recovery in broader financial markets after bruising losses through the first quarter of the year, with sentiment remaining frail in the face of U.S. President Donald Trump’s plans for more trade tariffs. Broader cryptocu...
