Pharmaceutical stocks saw strong gains on Thursday after US President Donald Trump announced that pharmaceuticals would be exempt from the latest round of reciprocal tariffs on global imports. The exemption has provided a much-needed boost to the sector, particularly for Indian and European drugmakers, which rely heavily on US sales.However,…
As President Donald Trump unveiled sweeping tariffs against America’s trading partners, he repeatedly emphasized that each country’s rate was…
Loop Capital analyst Alton Stump says Shake Shack (NYSE: SHAK) could prove to be a safe haven amidst concerns…
Brazilian Finance Minister Fernando Haddad has emphasized the importance of maintaining open trade discussions with the United States as…
Airline stocks extended their slide on Tuesday as Wall Street grew increasingly concerned about weaker-than-expected travel demand, ongoing economic…
Two of China’s largest state-owned automakers, Dongfeng Motor and Changan Automobile, are in advanced discussions to merge, a deal…
The US Department of Justice has announced its intent to seek the death penalty for Luigi Mangione, the 26-year-old…
Cryptocurrency prices have slumped this year leading to a $1 trillion wipeout of their market value. Bitcoin has crashed…
Hedge funds pulled back from Asian markets last week, shedding stocks and reducing leveraged positions as they prepared for…