The tariffs that led to the biggest stock-market drop since COVID may have been the result of an error
"The idea is that as tariffs rise, the change in the trade deficit will depend on the responsiveness of import demand to tariffs, which depends on how import demand responds to import prices and how ...
China Considers Accelerating Stimulus Efforts to Offset Trump Tariffs, Bloomberg Reports, Citing Sources
---Chinese officials currently conclude that the country has built up a sufficient reserve of tools to support the economy and weather the turmoil, the people told Bloomberg, adding that the scale and ...
Southeast Asian Leaders to Meet to Discuss U.S. Tariff Response, Malaysia Minister Says
Southeast Asian leaders are set to meet to discuss a united response to sweeping U.S. tariffs and explore ways to minimize disruptions to trade and cross-border investment flows, according to Malaysia ...
Banco BPM Reaches Nearly 90% Stake in Anima Holding at End of Offer Period
Banco BPM said it reached a stake of just below 90% in Italian asset manager Anima Holding at the end of its offer period, clearing the minimum threshold it had set for the bid to become effective.
Shares of Chinese Tech Giants Plunge on Escalating Trade War
Lenovo Group, the world's largest PC maker, had 33% of its revenue from the Americas over the period April to December of 2024. Gimme Credit analyst Saurav Sen reckoned that Lenovo could see a 20% ...
EMEA Morning Briefing: Tariff Turmoil Deepens
Bill Ackman, one of President Donald Trump's staunchest defenders among major hedge-fund managers, published a post on X on Sunday urging a "90-day timeout" on some of the tariffs announced by the ...
LG Electronics Expects Lower Quarterly Operating Profit — Update
The mixed preliminary quarterly results came as LG Electronics, in response to an expected global economic slowdown, continued to push for new business growth initiatives such as home-appliance ...
Stock futures plunge as ugly stretch for Wall Street looks set to worsen
The prolonged uncertainty around the tariffs and an escalating global trade war has boosted asset volatility, damaged investor confidence and raised the probability that a deterioration in so-called ...
What's 'The White Lotus' effect on brands like Four Seasons Hotels, Lululemon and even Duke? Season 3 winners and losers.
The show's biggest winner is arguably the luxury resort chain that each "White Lotus" season is set in, including Hawaii, Italy and now Thailand.
What's 'The White Lotus' effect on brands like -2-
"Partners spent big for their access - the custom spots, robust media buys and cluttered landscape of product collaborations around the show were very noticeable, albeit a bit distracting." And Easwar ...
Asian Stocks Fall Sharply as U.S. Tariffs Weigh on Global Outlook
Asian stocks slid as a global selloff continued in the wake of President Trump's tariff plans, with growing trade frictions between the U.S. and its trading partners weighing on the global economic ...
Woodside to Sell 40% Stake in Louisiana LNG Infrastructure to Stonepeak — Update
In exchange, Stonepeak will get 40% equity in Louisiana LNG Infrastructure. The latter holds an engineering, procurement and construction, or EPC, agreement with Bechtel, and will own and construct ...