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US Fed holds firm against Trump pressure as divisions emerge
AFP, Published on 31/07/2025
» WASHINGTON - The US Federal Reserve kept interest rates unchanged on Wednesday, defying strong political pressure from President Donald Trump to slash borrowing costs -- although divisions emerged among policymakers.
Fed set to hold firm against Trump pressure
AFP, Published on 30/07/2025
» WASHINGTON - The US Federal Reserve is expected to defy aggressive pressure from President Donald Trump and keep interest rates unchanged Wednesday, though divisions about the best response to tariff risks may bubble to the surface.
US economy returns to growth amid tariff turbulence
AFP, Published on 30/07/2025
» WASHINGTON - The US economy returned to growth in the second quarter, government data showed Wednesday, as analysts warned of distortions due to shifting trade flows over President Donald Trump’s tariffs.
Europe's carmakers still nervous despite EU-US trade deal
AFP, Published on 29/07/2025
» PARIS - Europe's auto industry is relieved that the EU-US trade deal reduces short-term uncertainty but many, particularly in the struggling German sector, remain deeply worried about the long-term impact.
Stock markets, dollar rise on EU-US trade deal
AFP, Published on 28/07/2025
» LONDON - Stock markets and the dollar advanced on Monday after the European Union and United States struck a deal to avert a damaging trade war.
Trump, EU chief seek deal in transatlantic tariffs standoff
AFP, Published on 27/07/2025
» TURNBERRY (UNITED KINGDOM) - US President Donald Trump and EU chief Ursula von der Leyen prepared to meet Sunday in Scotland in a push to resolve a months-long transatlantic trade standoff that is going down to the wire.
US Fed poised to hold off on rate cuts, defying Trump pressure
AFP, Published on 27/07/2025
» WASHINGTON - The US central bank is widely expected to hold off slashing interest rates again at its upcoming meeting, as officials gather under the cloud of an intensifying pressure campaign by President Donald Trump.
Trump to tour Fed as war on central bank chief ramps up
AFP, Published on 24/07/2025
» WASHINGTON — United States President Donald Trump is due to visit the US Federal Reserve Thursday as the president escalates his pressure on its chairman Jerome Powell over the central bank's management of the economy.
Volvo Cars swings into loss on EVs, tariffs
AFP, Published on 17/07/2025
» STOCKHOLM - Volvo Cars announced on Thursday it had swung into loss in the second quarter, after it took an impairment charge for its electric cars, booked restructuring charges and dealt with a slower, tariff-troubled market.
EU mega-budget draws immediate German opposition
AFP, Published on 17/07/2025
» BRUSSELS - The European Union executive on Wednesday proposed a 2-trillion-euro long-term budget focused on tackling overseas competition and Russian aggression, but it was quickly shot down by Germany, the bloc’s largest member.