World
Confused and concerned, CEOs get to grips with Trump’s new tariff regime
A Rolls Royce driving past the entrance of the Jaeger-LeCoultre boutique on Rue du Rhône on August 2, 2025 in Geneva, Switzerland. Robert Hradil | Getty Images News | Getty Images Business leaders are scrambling to get their head around a new era of tariff complexity. The bemused mood among European chief executives on Thursday […]
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Trump’s ‘reciprocal’ tariffs come into effect, hitting dozens of U.S. trading partners
U.S. President Donald Trump speaks to reporters ahed of boarding Marine One to depart for New Jersey, at the White House in Washington, D.C., U.S., August 1, 2025. Jonathan Ernst | Reuters U.S. President Donald Trump’s so-called “reciprocal” tariffs took effect on Thursday, imposing higher duties on many of the country’s trading partners’ exports to […]
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Toyota Motor cuts annual operating profit forecast after earnings beat as U.S. tariffs bite
A sign with the Toyota logo in Surrey, England on August, 2023 Peter Dazeley | Getty Images News | Getty Images Toyota Motor on Thursday cut its annual operating profit forecast as the world’s largest auto company by sales volumes grapples with U.S. auto tariffs. Here are Toyota’s results compared with the mean estimates from […]
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Maersk CEO flags strong demand ‘pretty much everywhere’ except for the U.S. as outlook raised
The container ship Gunde Maersk sits docked at the Port of Oakland on June 24, 2024 in Oakland, California. Justin Sullivan | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected second-quarter operating profit, citing continued focus on operational improvements despite unprecedented geopolitical volatility. The company, widely considered a barometer of global trade, reported […]
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World’s largest olive oil producer gives upbeat outlook after historic industry crisis
An aerial view of agricultural workers washing grapes, with a mixture of water, olive oil and potassium carbonate called “posata” to make them look brighter and protect them from the burning rays of the sun in Menemen Plain of Izmir, Turkiye, on Aug. 27, 2024. Anadolu | Anadolu | Getty Images The chief executive of […]
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How Meta could challenge Apple and Google to become the AI king on our devices
Key Points Meta is well-positioned to be a key player in AI across our devices as chatbots become more personalized and advanced, according to one fund manager. Access to data of 3.48 billion usesr across its family of apps such as Facebook and Instagram could be a key advantage. However, Meta doesn’t own an operating […]
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India’s $434 billion merchandise exports engine: What’s at stake after Trump doubles tariffs to 50%
India’s exports to the U.S. face a steep 50% tariff after U.S. President Donald Trump on Wednesday slapped an additional 25% duty on Indian goods over the country’s oil purchases from Russia. The extra duties — set to come into effect within 21 days — will be stacked on top of the 25% tariffs on […]
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European stocks set for broadly higher open amid more tariff news; BOE and earnings ahead
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China’s July exports top expectations, rising over 7%; imports record biggest jump in a year
A cargo ship carries foreign trade containers on the Jiaozhou Bay waterway in Qingdao, Shandong Province, China, on August 5, 2025. Costfoto | Nurphoto | Getty Images China’s export growth in July sharply beat market expectations as the clock on a tariff truce with the U.S. keeps ticking, while imports rose to their highest in […]
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Trump’s ‘100% chip tariffs’ hit Japan’s giants, but Samsung and TSMC rise on U.S. bets
Asia semiconductor-related stocks traded mixed Thursday after U.S. President Donald Trump announced he would impose a 100% tariff on chip imports, with an exemption for companies that are “building in the United States.” Details on how much domestic manufacturing is required to qualify for the exemption remain unclear. Japanese semiconductor manufacturer Tokyo Electron fell over […]
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