Dow Futures were modestly higher early Monday, up by as much as 40 points before the open. The broader market is coming off a strong session, both the S&P 500 and Nasdaq notched fresh record closes, while the Dow ended just shy of its December 2024 high, down less than…
Liquefied natural gas developers led a surge in US energy shares on Monday after the European Union committed to $750 billion in energy purchases from the United States as part of a newly unveiled trade framework.The deal marks a dramatic deepening of transatlantic energy ties at a time when the…
The economic recovery in Argentina, which began with a robust start in early 2025 after years of underperformance, is poised to moderate as the country approaches crucial mid-term legislative elections in October. The Reuters poll of 28 economists taken between July 21 and 25 also indicates that the rapid pace…
Brazilian bank BTG Pactual announced on Monday it agreed to buy HSBC operations in Uruguay for $175 million, the former investment bank’s first foray into a Spanish-speaking nation. Under regulatory approval, the deal, comprising equity and other capital instruments, is expected to close in six to twelve months.This acquisition will…
The United States and European Union have narrowly avoided a full-blown trade war. The two sides reached a deal on Sunday, July 27, after months of rising tensions and last-minute negotiations.The agreement imposes a 15% tariff on most EU exports to the US, halving the 30% rate previously threatened. But…
Morgan Stanley on Monday warned that it foresees “elevated volatility in key performance indicators and financial metrics” for online dating companies Match Group and Bumble in Q2 and 2025, with few signs that recent turnaround efforts are bearing fruit.“The two online dating companies are under new management and are emphasizing…
The United States’ top trade official has indicated that “more negotiations” will be necessary to secure a trade deal with India, a sobering assessment that comes just days before a critical August 1 deadline, after which higher US tariffs are scheduled to take effect.US Trade Representative Jamieson Greer, speaking in…
India has overtaken China to become the leading exporter of smartphones to the United States for the first time, marking a significant shift in the global electronics supply chain as companies recalibrate their manufacturing bases amid trade tensions and rising tariffs.According to data from research firm Canalys, smartphones assembled in…
Stellantis shares dropped 4.3% on the Milan exchange on Tuesday after the automotive group reinstated its full-year guidance, only to fall short of investor expectations.The company forecasted a modest recovery in the second half of 2025, projecting increased net revenue and a low-single-digit adjusted operating income margin despite mounting challenges,…
Pharmaceutical companies are seeking clarification on tariffs imposed under the new US-EU trade agreement. Analysts caution that sector-specific punitive levies could jeopardise the entire deal, according to a CNBC report.Significant ambiguity surrounds the precise definitions and classifications of pharmaceutical goods within the framework of the trade truce finalised on Sunday. This agreement…