Investments and Business

EU-US tariff deal not finished yet, say Europeans unhappy with Trump's terms

EU-US tariff deal negotiations falter due to European opposition to Trump’s terms

Efforts to finalize a trade agreement between the European Union and the United States are still in progress, with European representatives voicing growing frustration over the terms proposed by the U.S., particularly under the framework shaped during former President Donald Trump’s administration. While talks between the two sides have continued with cautious optimism, the core issues that have hindered progress remain largely unresolved.The proposed deal was intended to ease trade tensions and eliminate specific tariffs that have affected transatlantic commerce in recent years. However, European negotiators argue that the deal, as it currently stands, disproportionately benefits the United States and…
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Trump may have broken Wall Street

Wall Street falls from record highs as bustling week progresses

U.S. stocks experienced a modest pullback after recently reaching all-time highs, as investors navigated a busy week filled with corporate earnings, economic updates, and ongoing speculation about future interest rate moves. The slight retreat reflects a natural pause in the market’s upward trajectory, with traders adjusting positions amid a blend of optimism and caution.The primary indices, such as the S&P 500 and Nasdaq Composite, pulled back slightly from their peak positions, although the decrease was not significant. Experts characterized the adjustment as a component of a more extensive recalibration, rather than a change in market outlook. Although investor confidence is…
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Stellantis reinstates guidance but flags 'tough decisions' after .7 billion tariff impact

Stellantis reinstates guidance but underlines ‘tough decisions’ after $1.7 billion tariff setback

Automaker Stellantis has formally revised its financial outlook in response to a substantial $1.7 billion effect from new tariffs, indicating an adjustment of its worldwide approach. Although the firm stays positive about its achievements in the latter part of the year, leaders have recognized the need to make tough operational choices to lessen long-term threats and sustain earnings.The announcement comes in response to rising trade tensions and escalating tariff measures, particularly those affecting electric vehicle (EV) components and raw materials. Stellantis, which owns major brands such as Jeep, Dodge, Peugeot, and Fiat, is among the automakers most exposed to these…
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Adidas to raise prices as US tariffs costs rise by €200m

Adidas prices to go up as US tariffs costs climb €200m

Adidas is preparing to adjust its pricing strategy in response to mounting financial pressure from increased U.S. import tariffs, which are projected to raise the company’s expenses by approximately €200 million. This anticipated cost spike is prompting the German sportswear giant to pass part of the financial burden onto consumers, especially in key markets like the United States.La corporation ha indicado que estos costos adicionales son mayormente impulsados por modificaciones en la política comercial, en especial los nuevos o aumentados aranceles aplicados a productos fabricados en lugares como China y luego exportados a los Estados Unidos. Para una marca con…
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India overtakes China as biggest smartphone exporter to the United States, report says

India overtakes China as primary smartphone exporter to the US, says report

India has emerged as the top exporter of smartphones to the United States, overtaking China for the first time, according to a new industry report that highlights shifting global trade dynamics and the evolving landscape of electronics manufacturing.The report indicates a significant surge in smartphone shipments from India to the U.S. market over recent months, reflecting a broader trend of multinational technology companies diversifying their production bases beyond China. This transition is part of a larger effort to reduce reliance on a single manufacturing hub and navigate geopolitical tensions, supply chain vulnerabilities, and evolving trade policies.For years, China held a…
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US companies up against 'nightmare' tariff wall

The impact of the ‘nightmare’ tariff wall on US companies

U.S. companies are encountering increasing obstacles in the form of rising global tariffs, as international trade dynamics grow more complex and less predictable. The evolving landscape of import and export duties, combined with shifting geopolitical alliances, is creating what many business leaders are describing as a “nightmare” scenario—one that threatens to disrupt supply chains, inflate costs, and undermine competitiveness across multiple industries.The increasing barrier of tariffs has not arisen from one policy choice, but is instead the result of escalating trade conflicts, countermeasures, and the strategic economic approaches of major global nations. Countries ranging from the European Union to China…
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Auction sales fall 6% in the first half, raising fears of an art market shift

Auction sales slide 6% in first half, fueling fears of art market transformation

Auction revenues declined by around 6% in the first half of the year compared with the same period last year, prompting fresh concerns about the global art market's strength. This occurs amid broader weakening in fine‑art sales, signaling a shift in collector behavior and challenging prevailing business models.Although major houses like Sotheby’s, Christie’s and Phillips continued to lead, their combined total slipped to just under $4 billion in H1 2025. Fine‑art auctions—the core of their business—dropped by approximately 10%. This signals a market that is either consolidating at a lower baseline or possibly entering a longer-term structural change.Although there was a…
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Crypto kidnapping: How armed gangs are hunting the internet's high rollers

Crypto kidnapping: How organized crime is targeting crypto high rollers

In today’s digital economy, cryptocurrencies have created a new class of millionaires. But this digital wealth has also attracted a dangerous kind of attention — not from hackers, but from armed criminals. These groups are now targeting individuals known to hold significant crypto assets, leading to a troubling rise in what has become known as “crypto kidnappings.”A different type of objectiveUnlike traditional bank accounts, cryptocurrency wallets can sometimes be accessed from any device — and in many cases, they are not protected by the same safeguards as financial institutions. For criminals, this presents a unique opportunity. All they need is…
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Who are the winners and losers in US-EU trade deal?

Who profits and who suffers from the US-EU trade deal?

The latest trade agreement between the United States and the European Union has sparked renewed debate over global commerce, tariffs, and economic strategy. As both regions seek to reinforce their positions in a shifting geopolitical landscape, the new deal marks a pivotal moment for transatlantic economic relations. While officials on both sides have emphasized mutual benefits, the reality is more nuanced: some sectors are poised to gain significant advantages, while others may face increased pressure or reduced competitiveness.At the heart of the pact is the minimization or removal of tariffs on various products and services. This creates fresh opportunities for…
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Meta is shelling out big bucks to get ahead in AI. Here’s who it’s hiring

Meta bets big on AI—explore who it’s recruiting

Meta is making a substantial push to secure its place in the competitive world of artificial intelligence, and a key part of that strategy involves aggressively expanding its talent pool. As the demand for cutting-edge AI capabilities intensifies across industries, Meta is investing heavily in acquiring top-tier researchers, developers, and engineers to strengthen its position.The organization, recognized for its wide-ranging network of social media platforms, intends to be a leading player in AI advancement. This goal has resulted in an extensive recruitment drive to attract individuals with extensive knowledge of large language models, machine learning systems, and the optimization of…
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