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BUSINESS

Trump tariffs force EU to cut 2025 eurozone growth forecast

AFP, Published on 19/05/2025

» BRUSSELS (BELGIUM) - The EU on Monday sharply cut its eurozone economic growth forecast for 2025 because of global trade tensions sparked by US President Donald Trump's sweeping tariffs.

BUSINESS

Trump caps Gulf tour in Abu Dhabi with dizzying investment pledges

AFP, Published on 16/05/2025

» ABU DHABI — United States President Donald Trump on Friday capped off a Gulf tour in Abu Dhabi that has seen the securing of multi-billion-dollar deals, a US$1.4 trillion investment pledge from the United Arab Emirates (UAE), as well as historic overtures to Syria and renewed optimism over an Iran nuclear deal.

BUSINESS

US inflation in April lowest since 2021

AFP, Published on 13/05/2025

» WASHINGTON - US consumer inflation cooled slightly in April, figures showed on Tuesday, coming in better than expected against a background of President Donald Trump's sweeping tariffs.

BUSINESS

China exports beat forecasts ahead of US tariff talks

AFP, Published on 09/05/2025

» BEIJING — Chinese exports rose last month despite the trade war raging with the United States, official data showed Friday ahead of talks between the world's top two economies towards easing the standoff.

BUSINESS

China eases monetary policy to boost ailing economy

AFP, Published on 07/05/2025

» BEIJING - China on Wednesday eased key monetary policy tools in a bid to boost its ailing economy as it struggles with the effects of weak consumption and United States President Donald Trump's trade war. 

BUSINESS

Ford sees $1.5 billion tariff hit this year, suspends 2025 forecast

AFP, Published on 06/05/2025

» NEW YORK — Ford reported a 65% drop in first-quarter profits Monday, citing a near-term drag on auto sales from new vehicle launches, as it withdrew its forecast amid tariff uncertainty.

BUSINESS

Warren Buffett says will retire from Berkshire Hathaway by year's end

AFP, Published on 04/05/2025

» WASHINGTON - Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway business group by the end of the year and that he would recommend his chosen successor Greg Abel take over.

BUSINESS

Trump vs Toyota? Why US cars are a rare sight in Japan

AFP, Published on 02/05/2025

» FUKAYA (JAPAN) - With their sleek curves and chrome grilles, the classic American cars on sale at Yosuke Fukuda's yard ooze Californian cool but on Japanese roads new US vehicles are a rare sight -- much to President Donald Trump's annoyance.

BUSINESS

Apple expects $900m tariff hit, US iPhone supply shifts to India

AFP, Published on 02/05/2025

» SAN FRANCISCO - Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting its supply chain.

BUSINESS

Trump trade war pushes firms to consider stockpiling

AFP, Published on 27/04/2025

» PARIS - Stockpiling is the reflex response by firms to the imposition of tariffs, but with the rapidly-changing position of the Trump administration, companies are finding that it isn't so straightforward this time around.