Britain's FTSE 100 closes record, boosted by miners
Investors ignored the latest U.S. threats of tariffs and focused on negotiations, resulting in a record-breaking FTSE 100 closing on Thursday. The commodity-heavy FTSE 100 climbed 1.2% to 8,975.66, exceeding its previous intraday high hit in March. Susannah Streeter is the head of money markets and Hargreaves Lansdown.
Investors assess US-Canada Trade Talks and TSX increases
Investors assessed the revival in trade talks between Washington & Ottawa. The S&P/TSX Composite index rose 0.2% to 26733.42 point, logging its fourth consecutive quarter of positive growth. Donald Trump called off Friday's trade talks over Canada’s digital services tax that targets U.S. tech firms. He described it as a "blatant" attack.
What is in the Republican tax plan and spending plan
The Republican-led House of Representatives passed a comprehensive budget package which would meet many of the priorities of President Donald Trump. The Republican-led Senate will now consider the package, and it is likely that significant changes will be made. The Congressional Budget…
What is in the Republican tax plan and spending plan
Republicans in Congress are advancing a sweeping package of budget cuts and spending reductions that would meet President Donald Trump's demands. However, details need to be worked out. The Joint Committee on Taxation (JCT) and the Congressional Budget Office have estimated the impact of this plan on the budget for the next ten years.
What is in the Republican tax plan and spending plan?
Republicans in Congress have proposed a sweeping package of budget cuts and spending reductions that would meet President Donald Trump's demands. However, details are still to be worked out. The Joint Committee on Taxation (JCT) and Congressional Budget Office have estimated the major…
What is in the Republican health and tax plan and what's not?
Republicans in Congress released the first drafts of a sweeping package to reduce taxes and spend less, which would satisfy President Donald Trump’s call to do so. However, many details need to be worked out. Here's a summary on what they've proposed so far and what has been left out.
The major Gulf markets are mixed in their earnings with a focus on US-China discussions
The major Gulf stock markets were mixed early on Thursday, as investors awaited this weekend's U.S. China trade negotiations. Donald Trump, the U.S. president, suggested on Wednesday that China initiated trade talks. He added that he would not be willing to reduce U.S. tariffs against Chinese goods in order to convince Beijing to negotiate.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. Bollore has said that it will not appeal the decisions of French market watchdogs on buyout offers. Elis announced a first-quarter revenue of 1.13 billion dollars and confirmed its outlook for 2025.
The policies of Australia's major political parties in a single glance
Australians will cast their votes on Saturday, in a tight-run national vote marked by concerns about the cost of housing and living as well as the trade tensions caused by U.S. president Donald Trump's tariffs. Compare the key policies of the Liberal-National Coalition led by Peter Dutton and Anthony Albanese’s Labor Party, a centre-left party.
Indonesia wants fair and square trade in US tariff discussions
Indonesia's senior economic minister, and its top negotiator, said that it is prioritizing its national interests in ongoing negotiations about U.S. Tariffs. It wants to have a "fair-and-square" trade relationship. Airlangga hartarto, head of the delegation, and Sri Mulyani indrawati…
Stocks of tech and bank companies plummet as China's retaliation fuels fears of a wider trade war
U.S. tech giants, banks, and oil majors all fell on Friday, after China responded to Trump's new tariffs by imposing steep duties. This heightened fears of an economic recession around the world. China has imposed additional duties of 34 percent on U.S. products, which will take effect on April 10.
Modi's India aims to strengthen energy and defence ties during Sri Lanka visit
India wants to promote investment and strengthen defence and energy ties with Sri Lanka during Prime Minister Narendra Modi’s two-day visit to the island country, where New Delhi is competing with China for more influence. Modi will arrive in Sri Lanka on Friday night. He is the first…
US tech and retail stocks lead the rout following Trump's tariff blow
Apple, Walmart and Nike are among the U.S. megacap tech companies that led to a global meltdown after President Donald Trump announced new tariffs. The fears about a cost spike across many industries were heightened by these new tariffs. The tariffs threaten to disrupt the global trade order and upset businesses.
Siemens expects to earn around 1.2 billion Euros from the sale of Siemens Healthineers shares
Siemens, a German engineering company, announced on Wednesday that it would sell a 2% share in its healthcare subsidiary Siemens Healthineers. The sale will raise approximately 1.2 billion euro ($1.25 billion), which could be used to pay for the acquisition of U.S.-based software firm Altair Engineering.
Australian shares flat: Rio Tinto drags down miners after merger talks
Australian shares were flat on Friday. Gains in healthcare companies were offset by losses among miners. Rio Tinto fell on speculation about early merger talks with London listed smaller rival Glencore. S&P/ASX 200 index fell marginally 0.1% at 8,322.2 points as of 2322 GMT. The benchmark…
Protecting Employees in High-Risk Environments
For any business, ensuring the health and safety of its employees should be the number one priority – what is more, it’s a legal requirement.This is especially true when a company has employees that need to work alone. Whether it be in construction, healthcare or the public sector, lone…
Fico is likely to survive a vote of no confidence as the coalition rebels back him
The Slovak prime minister Robert Fico is likely to survive a forthcoming vote of no confidence after rebel legislators in one ruling coalition said that they would not be supporting the motion. The opposition parties announced on Tuesday that they would initiate a vote of no confidence against Fico’s leftist and nationalist government.
Sweden's North frets about financial risks as the green boom stumbles
Sweden's local governments, frightened by Northvolt's struggle for survival and its potential impact on taxpayers, have asked the central government to increase financial support for Sweden's transition towards green industry. Last month, Europe's leading electric vehicle battery manufacturer…
Biden's DoE LNG Export Study Tepid on New Permits
The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits.Biden in January had paused the Department of Energy's approvals of U.S.
India's floating-solar plans face opposition from fishermen
But he fears his livelihood could evaporate if plans to install a huge floating solar farm on the Nathsagar reservoir go ahead. The government is considering a project to blanket about 7,500 hectares of the 350-sq km reservoir near the town of Paithan in Maharashtra state with floating photovoltaics…
