business news
Trump: ‘I haven’t thought about’ pardoning Jeffrey Epstein accomplice Ghislaine Maxwell
US President Donald Trump speaks to reporters on the South Lawn before boarding Marine One on the South Lawn of the White House on July 25, 2025, in Washington, DC en route to Turnberry, Scotland. Jim Watson | Afp | Getty Images President Donald Trump on Friday deflected questions about his former friend Jeffrey Epstein […]
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Stocks making the biggest moves premarket: Intel, Centene, Deckers, Paramount and more
Check out the companies making headlines before the bell: Intel — Shares of the chipmaker dropped more than 7% after Intel said it will cut 15% of its workforce and slashed plans for chip factory construction in an attempt to revitalize its artificial intelligence strategy. Intel topped second-quarter revenue results, posting $12.86 billion in revenue, […]
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Europe’s companies sound alarm over tariff hits amid scramble to strike U.S. trade deal
European officials are working to secure a trade deal with the Trump administration, as regional companies sound the alarm over financial hits even before reciprocal tariffs have come into play. Earlier this month , U.S. President Donald Trump said he would slap a 30% tariff on all goods imported to America from the European Union, […]
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What Europe’s response to a no-deal with Trump could look like
US President Donald Trump delivers remarks at the “Winning the AI Race” AI Summit at the Andrew W. Mellon Auditorium in Washington, DC, on July 23, 2025. Andrew Caballero-reynolds | Afp | Getty Images Brussels is preparing for a no-deal scenario as uncertainty persists about if and when a trade agreement between the European Union […]
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Puma shares plunge 15% after full-year sales, profit outlook cut on U.S. tariffs
Sign at the entrance to the Puma store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Puma shares plummeted as much as 18% Friday after the German sportwear brand posted worse-than-expected second-quarter sales and cut its full-year guidance, flagging the impact of U.S. trade tariffs. In a preliminary updated after markets closed on […]
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Textiles to whisky: U.K.–India ‘historic’ deal is set to boost bilateral trade by over $34 billion a year
AYLESBURY, ENGLAND – JULY 24: UK Prime Minister Keir Starmer and Prime Minister Narendra Modi of India walk in the grounds at Chequers on July 24, 2025 in Aylesbury, England. Kin Cheung | Getty Images News | Getty Images U.K. and India’s bilateral trade is set to get a more than $34 billion annual boost […]
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Trump’s Scotland visit opens door for UK to settle some unfinished business
A bagpipe player wears traditional dress next to Donald Trump as he arrived at his Trump Turnberry Resort on June 24, 2016 in Ayr, Scotland. Getty Images As U.S. President Donald Trump visits Scotland this week, the U.K. will be looking to further cement warm ties with the White House leader and to complete some important […]
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India appears unfazed as trade deadline with the U.S. nears. Here’s why
US President Donald Trump and Indian Prime Minister Narendra Modi attend “Howdy, Modi!” at NRG Stadium in Houston, Texas, September 22, 2019. Saul Loeb | Afp | Getty Images As the window of opportunity for India to seal a trade deal with the U.S. closes on Aug. 1 — when tariffs are set to increase […]
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Thailand-Cambodia border clashes: Cambodia’s economy has more to lose, analysts say
A Cambodian BM-21 multiple rocket launcher returns from the Cambodia-Thai border as Cambodian and Thai troops exchanged fire in a new round of clashes in Preah Vihear province on July 24, 2025. Str | Afp | Getty Images The escalating conflict between Thailand and Cambodia could have a negative impact on their tourism-dependent economies, but […]
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India resumes issuing visas to Chinese nationals after a 5-year freeze
India has resumed issuing tourist visas to Chinese citizens for the first time in five years starting Thursday, according to a Weibo post by the Indian embassy in China on Wednesday, marking a significant step in de-escalating tensions between the two countries. Tensions between China and India escalated after their military clashed in June 2020 over […]
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