Swiss President Karin Keller-Sutter (R) and Swiss Economy Minister Guy Parmelin address a press conference on US tariffs in Bern on April 3, 2025. Fabrice Coffrini | Afp | Getty Images Tensions and fears are running high in Switzerland, as the deadline to strike a trade agreement with the U.S.Read More →
Axa has backed its midterm targets despite profit miss Axa has backed its midterm targets despite a first half net profit miss, citing currency fluctuations. Net income at the insurance and asset management giant dipped 2% on the year to 3.9 billion euros. — Jonathan Stayton Pharma giant Bayer hasRead More →
U.S. President Donald Trump listens as Indian Prime Minister Narendra Modi speaks during a joint press conference in the East Room at the White House on February 13, 2025 in Washington, DC. Alex Wong | Getty Images News | Getty Images President Donald Trump said Wednesday that India will payRead More →
The International Monetary Fund has raised its global growth forecasts for 2025 and 2026 slightly, citing stronger-than-expected purchases in advance of an August 1 jump in tariffs imposed by the United States and a drop in the effective US tariff rate to 17.3 percent from 24.4 percent. In its forecastRead More →
President Donald Trump said Monday that he will likely implement a blanket tariff between 15% and 20% on imports to the United States from countries that have not negotiated separate trade agreements. “For the world, I would say it’ll be somewhere in the 15% to 20% range … I justRead More →
US Secretary of the Treasury Scott Bessent, left, speaks with Chinese Vice Premier He Lifeng, right, during a bilateral meeting between the United States and China, in Geneva, Switzerland, on Saturday, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters Treasury Secretary Scott Bessent on Tuesday said that he is likelyRead More →
When United States President Donald Trump unveiled his steep “reciprocal” tariffs on dozens of countries in April, economists issued warnings of catastrophic economic harm. So far, their fears have not materialised. The US economy – the single biggest driver of global growth – has defied expectations across numerous metrics, withRead More →
