“It’s become quite emotive,” one market watcher told CNBC. “Nobody wants to invest in an environment where the government might change its mind overnight.”
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As the TACO trade goes viral, another is gaining traction: ‘Anywhere But The USA’
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UBS CEO says strategic investments are paying off as third-quarter profit surges 74%
The UBS Group AG headquarters in Zurich, Switzerland, on Wednesday, July 30, 2025. Bloomberg | Bloomberg | Getty Images Swiss banking giant UBS on Wednesday reported stronger-than-expected third-quarter net profit, driven by solid investment banking performance and the release of legal provisions. Net profit attributable to shareholders came in at $2.5 billion for the three-month […]
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CNBC’s UK Exchange newsletter: UK backs innovation hub Cambridge, even as rapid expansion tests the city’s limit
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch The U.K. economy, along with many continental European peers, faces well-established challenges. These include a high debt-to-GDP ratio, a high deficit-to-GDP ratio and an ageing population making increasing demands on the state, just as growth is […]
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China buys three U.S. soybean cargoes ahead of Trump-Xi meeting, Reuters reports
China’s state-owned COFCO bought three U.S. soybean cargoes this week, two trade sources said. Bloomberg | Bloomberg | Getty Images China’s state-owned COFCO bought three U.S. soybean cargoes this week, two trade sources said, the country’s first purchases from this year’s U.S. harvest ahead of this week’s summit of leaders Donald Trump and Xi Jinping. COFCO purchased about 180,000 metric tons of soybeans for December and January shipment through […]
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