• Apr 03, 2025

European Stocks Sink as Index Set for Biggest Drop Since August

(Bloomberg) -- European stocks headed for their worst drop since August after US President Donald Trump announced the steepest tariffs in a century, including a 20% rate for the European Union.Most Read from BloombergMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Governments Vie for Fired Federal WorkersChicago School District Agrees to Minimum 16% Teacher Pay RaiseWhat Would ‘Transportation Abundan

• Apr 03, 2025

Walmart, Costco Are Consumer Stocks to Consider After Trump Tariffs, Oppenheimer Says

Investors should consider defensively oriented consumer stocks over disrectionary shares after President Trump's latest tariff announcement, Oppenheimer analysts said Thursday.

• Apr 03, 2025

Crypto Ad-Tech Shop Builds 'Retargeting' Service to Reel in Likely Customers

Addressable is looking to bring Web2 marketing tactics to the Web3 economy.

• Apr 03, 2025

Industrial Tech Firm Acuity's Stock Sinks on Soft Results, 'Uncertainty' Warning

Acuity shares dropped Thursday after the industrial technology company's fiscal second-quarter revenue and profit came up short of analysts' estimates.

• Apr 03, 2025

VW to build Amarok for South American market in Argentina from 2027

Volkswagen is launching a new version of its Amarok mid-size pick-up truck targeted at the South American market from 2027, the carmaker said on Thursday, in the latest example of auto industry players localising production. VW is investing $580 million to refit its Pacheco plant in the province of Buenos Aires, which has produced an older version of the Amarok since 2010, towards producing the new design, it said.

• Apr 03, 2025

Diageo Stock Avoids Tariff-Fueled Selloff as Mexican Tequila, Canadian Whiskey Spared Additional Tariffs

In a day of broad stocks declines as President Donald Trump’s tariffs rattle markets, shares of one major European drinks maker are holding up.

• Apr 03, 2025

With tariff details in hand, Fed now has to weigh inflation risks against blow to growth

WASHINGTON (Reuters) -U.S. Federal Reserve officials who have said they needed more details before estimating the economic impact of President Donald Trump's trade plans got perhaps more than they bargained for on Wednesday when he unveiled sweeping tariffs analysts say could dramatically reshuffle the country's economic outlook. The levies, which Trump gleefully displayed as a globe-spanning leaderboard of import tax rates, feature a baseline 10% for major trading partners like the European Union, higher still at 25% for Canada and Mexico, a massive 46% on Vietnam and potentially more than 50% for China. Within hours economists were penciling in a U.S. recession and drawing comparisons with the 1930s and even the late 1800s, early in the country's industrial development.

• Apr 03, 2025

Dow and S&P drop as Trump's tariffs spark trade chaos on Wall Street

Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe volley of tariffs, and the US stock market may be taking the worst of it.View on euronews

• Apr 03, 2025

US bank stocks sink as Trump's tariffs cloud dealmaking, loan demand

(Reuters) -Shares of U.S. banks tumbled to multi-month lows on Thursday, after President Donald Trump's sweeping tariffs plan sparked fears of a recession and a slowdown in consumer spending that could hurt earnings. Citigroup fell over 12%, while Bank of America sank 11%. Morgan Stanley, Goldman Sachs and Wells Fargo fell over 9% each.

• Apr 03, 2025

Treasury Yields Approach 6-Month Low as Trump Tariffs Rattle Markets

Treasury yields tumbled on Thursday to a nearly 6-month low a day after President Trump announced sweeping tariffs that shook stock markets around the world.