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Browsing: Business
As Trump’s tariffs hit, China retaliated with steep duties and bans on U.S. firms, while the Federal Reserve faces growing pressure to stabilize bond markets.
Dow drops 349 points as Trump warns of harsher China tariffs, sparking Wall Street panic and historic volatility.
The European Commission has proposed a zero-tariff deal on industrial goods to the US, aiming to ease trade tensions as Trump’s tariffs on EU imports take effect.
European automakers urge EU-US trade resolution, citing risk to 500,000 jobs and 750,000 vehicle exports.
OPEC+ to raise oil output by 411,000 bpd in May as market outlook strengthens, maintaining flexible adjustment plans.
BusinessEurope warns US tariffs on EU goods will raise costs, disrupt supply chains, and threaten millions of jobs across the transatlantic economy.
EU Parliament approves €4B for Egypt and €500M for Jordan to support reforms and economic stability.
The global market for key energy technologies is projected to reach $2.1 trillion by 2035, led by electric vehicles and renewables.
Nvidia leads hedge fund AI picks with a $2.19B stake and strong data center growth, backed by Cliff Asness and surging global demand for its AI chips.
Wall Street plunged Friday, with the Dow falling 590 points, as hotter-than-expected inflation data and Trump’s sweeping auto tariffs rattled investors and markets.
