The head of the Swiss National Bank said on Friday that cryptocurrencies failed to meet the institution's currency reserve standards, rebuffing calls by crypto advocates that it hold
April 25, 2025
U.S.
April 25, 2025
China's Ping An Insurance (Group) reported a 26.4% decline in first-quarter net profit on Friday, citing reduced investment income.
April 25, 2025
BYD's first-quarter profit leapt 100.4% from a year earlier, the fastest pace in nearly two years, as the Chinese electric vehicle giant extends its lead in its competitive home
April 25, 2025
HCA Healthcare beat Wall Street estimates for first-quarter profit on Friday, as the hospital operator benefited from sustained demand for elective procedures in the United States.
April 25, 2025
U.S.
April 25, 2025
The Russian central bank maintained its key interest rate at 21% on Friday, with inflation starting to decline but new risks facing the Russian
April 25, 2025
China has decided to grant exemptions from import tariffs for some aircraft parts, including jet engines, the head of French engine maker Safran said on
April 25, 2025
Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid heavy turnaround activities across
April 25, 2025
Germany's fiscal expansion will boost its economy starting in 2026 after years of weak growth, offsetting the increased drag from U.S. tariffs, Oya Celasun,
April 25, 2025
U.S. consumer sentiment ebbed for a fourth straight month in April amid concerns about the economic impact of tariffs.
April 25, 2025
Operators of hulking car carriers are seeking relief from the U.S.
April 25, 2025
Brazilian miner Vale said on Friday that it has so far not seen a material impact from the ongoing global trade war on its operations and sales, but vowed to keep monitoring it
April 25, 2025
International Monetary Fund Managing Director Kristalina Georgieva said on Friday that Argentina's election in October was for its people to decide, clarifying her remarks on
April 25, 2025
Pharmaceutical companies in China are reporting that they have been able to import some drugs over the past week with tariff exemptions, the Beijing
April 25, 2025
A U.S. court organizing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum has approved a 30-day competition period starting on April
April 25, 2025
Bank of England policymaker Megan Greene said U.S.
April 25, 2025
The Social Security Administration could lose thousands more staff beyond the 7,000 already targeted for cuts due to a move by the Trump administration to
April 25, 2025
The European Union will do all it can to engage with the U.S. on trade and reduce the massive uncertainty that is weighing down the global economy, Irish Finance
April 25, 2025
A 25% U.S. tariff on pharmaceutical imports would increase U.S. drug costs by nearly $51 billion annually, boosting U.S. prices by as much as 12.9% if passed on, a
April 25, 2025
Brussels Airport, Belgium's main international flight hub, will cancel several flights on Tuesday, while Charleroi Airport plans to suspend all departures the same day due to a
April 25, 2025
European shares ended at a three-week high on Friday, notching up their second straight weekly gain as signs of a potential de-escalation in the U.S.-
April 25, 2025
Associated Press reporter Nicole Winfield, who covered Pope Francis at the Vatican during his entire pontificate, earned the nickname “la prima della classe” -- or “the first in class” -- from him in 2018
April 25, 2025
With all the changes at the IRS, how likely are you to be audited? It’s unclear
April 25, 2025
Why not tax the millionaires
April 25, 2025
Shein and Temu just started raising prices ahead of new tariffs
April 25, 2025
President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn’t necessarily lead to lower borrowing costs for consumers
April 25, 2025
Consumer sentiment plunges 8%
April 25, 2025
Trump outlines what ‘total victory’ looks like in his trade war. It’ll cost you
April 25, 2025
Youth homelessness is increasing in Wisconsin. One shelter hopes a new expansion will help change that
April 25, 2025
988 suicide prevention service for LGBTQ+ youth would be eliminated under leaked budget proposal
April 25, 2025
Why Trump is signing an executive action on mining the deep ocean
April 24, 2025
The Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal in the wake of sweeping U.S. tariffs on dozens of countries that have shaken global markets
April 25, 2025
China quietly rolls back retaliatory tariffs on some US-made semiconductors, import agencies say
April 25, 2025
Trump officials discuss making it much harder to qualify for federal disaster assistance, starting this hurricane season
April 25, 2025
The first foreigner tapped to head 7-Eleven is confident the Japanese convenience store chain will continue to attract thrifty customers, even in an economic slowdown
April 25, 2025
Several of Europe’s biggest funders of scientific collaboration with China, in fields such as viruses and air quality, have put bilateral research programmes on
April 25, 2025
Seven & I Holdings, the owner of 7-Eleven convenience stores, said it expects it will have to take a hard look at its supply chain and rein in costs as U.S. consumers
April 25, 2025
U.S.
April 25, 2025
China has exempted some U.S. imports from its 125% tariffs and is asking firms to identify critical goods they need levy-free, according to
April 25, 2025
Nissan saw its shares rise almost 2% on Friday after it flagged a record loss due to a massive reduction in the value of its assets and hefty restructuring fees - costs that appeared
April 25, 2025
Poland is likely to ask the European Commission next week for an exemption from European Union borrowing limits to keep up large defence
April 25, 2025
South Korea's Samsung SDI on Friday said U.S. tariffs will increase the cost of producing its electric vehicle (EV) batteries in the United States, as many materials and components
April 25, 2025
British retailers reported the best start to the year since 2021 in what may be a fleeting boost for the economy, with rising bills and the U.S. trade war increasingly
April 25, 2025
Intel's shares fell more than 8% on Friday as the company's weak revenue and profit forecasts overshadowed new CEO Lip-Bu Tan's strategy to
April 25, 2025
Alphabet shares jumped about 3% on Friday, after a solid earnings report from the Google parent showed investors that its bold bets on AI were fueling growth in the
April 25, 2025
The United States wants a tariff solution with Switzerland, the Swiss president said in a Friday interview after meeting U.S. Treasury Secretary Scott Bessent in Washington.
April 25, 2025
One of the world's top offshore wind developers, Germany's RWE, has stopped work on its U.S. projects for now in light of recent moves against the industry by
April 25, 2025
Trump’s attacks on Canada’s economy and threats to make it the 51st state have infuriated Canadians, who are canceling trips to the U.S. in big numbers
April 25, 2025
Minneapolis Federal Reserve Bank President Neel Kashkari on Thursday said the extreme uncertainty over U.S. trade policy has him "nervous" about big layoffs, though so far he has only heard
April 24, 2025
U.S.
April 24, 2025
Malaysia is open to negotiate with the United States on non-tariff barriers and reducing its trade deficit and will explore a bilateral trade agreement, its trade ministry said
April 25, 2025
A Sino-U.S. trade war that threatens Intel's revenue from its biggest market, China, has become an unlikely driver of demand for the embattled chipmaker's older generation
April 24, 2025
Air India is in talks with U.S. planemaker Boeing to acquire around 10 737 MAX jets after Chinese customers started rejecting
April 24, 2025
Japan's Prime Minister Shigeru Ishiba on Friday said the government has compiled an emergency economic package to alleviate
April 24, 2025
Pope Francis visited a record 10 African countries throughout his pontificate, often venturing to areas ravaged by war, poverty or natural disaster
April 25, 2025
A look at the day ahead in European and global markets from Rocky Swift As U.S.
April 25, 2025
California overtakes Japan to become the world’s fourth-largest economy
April 25, 2025
Construction of world’s tallest abandoned skyscraper to resume after a decade
April 25, 2025
Booths of big Chinese, German and Japanese automakers are bustling at Shanghai's auto show as the industry keeps its sights on the wider global market not subject to steep U.S. tariffs on imports of cars and auto parts
April 25, 2025
President Donald Trump has ordered the Justice Department to investigate the Democratic Party’s top fundraising platform
April 24, 2025
Republicans in the U.S.
April 24, 2025
British consumer confidence slid this month to its lowest level since November 2023 as people became much gloomier about the outlook for the economy, with rising bills and the
April 24, 2025
Britain could gain 400 billion pounds ($533 billion) from AI-driven growth if it trained its workforce, Google said, after a pilot scheme in the UK showed workers
April 24, 2025
By Max A.
April 24, 2025
The costs of operating and modernizing America's nuclear forces through 2034 are projected to soar to $946 billion, 25% higher than a 2023 estimate, a report
April 24, 2025
The Trump administration said on Thursday the Federal Emergency Management Agency had made more than $2.2 billion in payments to a group of states over the past three
April 24, 2025
Britain made more vehicles in March as demand increased for British-built cars overseas and for commercial vehicles at home, but it was not enough to prevent a quarterly decline in output,
April 24, 2025
Vietnam has increased government bond sales by nearly 30% so far this year, data shows, as it bids to boost public spending to spur growth and
April 24, 2025
Core inflation in Japan's capital accelerated to a two-year high in April on surging food costs, making the central bank's quest to fully exit ultra easy policy a
April 24, 2025
South Korea and the United States agreed to craft a trade package aimed at removing new U.S. tariffs before the pause on
April 24, 2025
China warned a G20 meeting that world economic growth was "insufficient" as tariff and trade wars exacerbated economic and financial instability and sapped growth
April 24, 2025
Two people familiar with the case have told AP that Defense Secretary Pete Hegseth had an internet connection that bypassed the Pentagon’s security protocols set up in his office to use the Signal messaging app on a personal computer
April 24, 2025
Treasury Secretary Scott Bessent said it’s crucial for China to change its economic structure. His comments come one day after he said he expects de-escalation with regard to the trade war with China.
April 23, 2025
Google parent Alphabet reassured jittery tech investors that its AI investments were powering returns at its crucial ad business on Thursday,
April 24, 2025
The U.S.
April 24, 2025
Ethiopia's inflation is expected to decline to 10% in the coming financial year, the country's central bank chief Mamo Mihretu said on Thursday, the lowest level in a
April 24, 2025
Skechers on Thursday withdrew its annual results forecast as the Trump administration's erratic trade policies fuel economic uncertainty, sending the footwear maker's
April 24, 2025
Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will continue to raise interest rates if underlying inflation converges toward its 2%
April 24, 2025
Hartford Insurance Group reported a 16% fall in first-quarter profit on Thursday, as catastrophe losses from the California fires piled up even though they were partially offset by a rise
April 24, 2025
President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S.
April 24, 2025
The Executive Director of the Port of Los Angeles predicted Thursday that arrivals at his port would drop by more than a third in the coming weeks.
April 24, 2025
The largest union for federal employees plans to lay off more than half its staff nationwide after President Donald Trump’s anti-union executive orders have rapidly weakened the organization’s finances
April 24, 2025
Four Republican states have asked the U.S.
April 24, 2025
Harvard University's endowment is in advanced talks to sell private equity fund interests totaling about $1 billion, a person familiar with the matter
April 24, 2025
Brazil's central bank has left the size of its upcoming interest rate hike in May open and remains unable to gauge it, citing a still-uncertain economic outlook and
April 24, 2025
Gilead Sciences on Thursday reported a first-quarter profit, but revenue was flat, as higher sales of drugs for HIV and liver disease, along with expense tightening, offset
April 24, 2025
TRADING DAY Making sense of the forces driving global markets. By Alden Bentley, Americas Finance and Markets Breaking News Editor.
April 24, 2025
U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and
April 24, 2025
The man who would become Pope Francis always bought his shoes in the same place
April 24, 2025
Google’s profits surged 50% in this year’s opening quarter, overcoming the competitive and legal threats that its internet empire is facing amid an economy roiled by a global trade war
April 24, 2025
US allies express alarm at Trump’s plan to let Russia keep most of the land it seized from Ukraine
April 24, 2025
The International Monetary Fund's managing director Kristalina Georgieva said on Thursday that Argentina should not "derail the will for change"
April 24, 2025
The U.S.
April 24, 2025
Maritime consultancy Drewry said on Thursday it expects global container port volume to fall 1% as a direct result of U.S. trade policies.
April 24, 2025
Japanese Finance Minister Katsunobu Kato said on Thursday he agreed with U.S.
April 24, 2025
Major stock indexes rose on Thursday, with technology shares leading Wall Street higher as investors awaited further developments in the U.S.-China trade
April 24, 2025
Germany's Merck KGaA said on Thursday it is in late-stage talks to acquire U.S.-based SpringWorks Therapeutics for about $3.5 billion, a deal that could give it access to a
April 24, 2025
BlackRock has been acquiring billions of pounds of UK assets it considers "undervalued," The Times newspaper reported on Thursday, quoting the U.S. asset manager's CEO Larry Fink.
April 24, 2025
U.S. stocks rallied further as better-than-expected profits for U.S. companies piled up, though CEOs say they’re unsure whether it will last because of uncertainty created by President Donald Trump’s trade war
April 24, 2025
The federal prosecutor’s office in Manhattan has accidentally filed an internal memo that poked holes in the Trump administration’s strategy to kill New York’s $9 congestion toll in Manhattan
April 24, 2025
Republican Sen. Pete Ricketts says spending cuts are needed even as he defends new spending initiatives and a major tax cut being pushed by President Donald Trump
April 24, 2025
British finance minister Rachel Reeves said on Thursday she shared some of U.S.
April 24, 2025
Pampers maker Procter & Gamble said on Thursday it would raise prices on some products to cover the impact on input costs from the trade war and
April 24, 2025
Investors withdrew a record $8.6 billion from global sustainable funds in the first quarter, researcher Morningstar said on Thursday, attributing the outflows largely to the
April 24, 2025
Former Tesla officials who oversaw the automaker’s diversity, equity and inclusion office say they regret not standing up to billionaire CEO Elon Musk.
April 24, 2025
JPMorgan Chase has promoted 227 employees in its commercial and investment bank (CIB) division to the coveted role of managing director, according to a memo seen by Reuters on Thursday.
April 24, 2025
U.S. stocks closed higher on Thursday, rallying for a third straight day with a solid boost from technology shares as investors parsed a mixed bag of corporate
April 24, 2025
The Trump administration is replacing lawyers in the U.S.
April 24, 2025
President Donald Trump asserted on Thursday that trade talks between the U.S. and China are underway, pushing back against Chinese claims that
April 24, 2025
Swiss drugmaker Roche said on Thursday its first-quarter sales rose a forecast-beating 7% driven by breast cancer drug Phesgo, eye drug Vabysmo and allergy treatment Xolair.
April 24, 2025
Finland's government announced tax breaks for companies and employees in an attempt to boost the country's ailing economy in a mid-term budget review it completed late on Wednesday
April 24, 2025
Spanish industrial prices fell in March on a monthly basis thanks to cheaper energy as well as lower vegetable oil prices, the National Statistics Institute (INE) said on Thursday.
April 24, 2025
Sweden's Husqvarna reported first-quarter operating profit below expectations on Thursday, hit by soft demand in North America, currency headwinds and lower prices, while
April 24, 2025
Household goods and packaged food makers are easing U.S. price increases to avoid losing American shoppers to retailers' less expensive private-label brands as a
April 24, 2025
Flag carrier Vietnam Airlines
Eno Qian, who runs a clothing factory in eastern China, says she makes a 20 yuan ($2.74) profit for every item she sells abroad
April 24, 2025
The decision by India's central bank to cut rates and flood the banking system with cash will do little to immediately boost demand in Asia's third-
April 24, 2025
Hyundai Motor said on Thursday it has launched a task force to respond to U.S. tariffs, adding that production of some Tucson crossovers
April 24, 2025
U.S. President Donald Trump's eldest son Donald Trump Jr will meet Hungarian foreign minister Peter Szijjarto in Budapest on Friday, Hungary's foreign ministry said on Thursday.
April 24, 2025
LG Electronics is considering price increases for some products in response to U.S. tariffs and is also reviewing its options for shifting production of home appliances to the United
April 24, 2025
France and other European countries will push for measures to protect the European steel industry against Chinese imports, French government spokesperson Sophie Primas said on
April 24, 2025
The dollar, battered and bruised by U.S. tariff uncertainty and recession fears, has much further to fall, Goldman Sachs chief economist Jan Hatzius says.
April 24, 2025
German business morale unexpectedly rose in April, a survey showed on Thursday, though expectations were gloomier as companies remain uncertain
April 24, 2025
Kentucky farmer Drew Langley got an early start planting soybeans this spring, hoping to boost yields to help soothe the sting of
April 24, 2025
The downturn in British factory orders eased only slightly in April, with new export business sliding sharply amid a global trade war, the Confederation of British Industry said on
April 24, 2025
By Michael S.
April 24, 2025
Minnesota Gov. Tim Walz has pledged to do everything in his power to protect Minnesotans from the chaos that he says President Donald Trump has unleashed on the country and world
April 23, 2025
Revolut's pretax profit surged 149% last year to 1.1 billion pounds ($1.46 billion) as the financial technology firm rode a wave in
April 24, 2025
What matters in U.S. and global markets today.
April 24, 2025
A Republican lawmaker tasked with scrutinizing Federal Reserve monetary policy wants the U.S.
April 24, 2025
Merck on Thursday said its first-quarter adjusted profit rose 7% as lower costs helped offset a 2% decline in sales, reflecting a January decision to pause shipments of its
April 24, 2025
China called for all "unilateral" U.S. tariffs to be cancelled on Thursday, as signs emerged that the Trump administration may de-escalate
April 24, 2025
Coinbase, the largest publicly traded cryptocurrency exchange, is waiving fees on transactions connected to PayPal's stablecoin and allowing its users to redeem the token
April 24, 2025
The Kremlin said on Thursday that Russia is not holding talks with Europe or the United States about Russian gas supplies via Ukraine.
April 24, 2025
Tesla peppered its latest earnings call with pledges to launch commercial robotaxi operations soon, with CEO Elon Musk promising that autonomous vehicles will "move the
April 24, 2025
The German government cut its economic growth forecast on Thursday and now sees stagnation in 2025 instead of a 0.3% expansion as uncertainty from global trade disputes is set to
April 24, 2025
CenterPoint Energy reported a fall in first-quarter profit on Thursday, but the U.S. utility raised its capital expenditure plan to meet expected demand from data centers used for
April 24, 2025
Russia on Thursday accused Japan of treachery and complicity in theft after Tokyo last week signed an agreement to lend Ukraine over $3 billion for reconstruction, backed by the
April 24, 2025
Norway's $1.7 trillion sovereign wealth fund, which has invested over half its money in the United States, does not see a credible risk that its U.S. assets could be
April 24, 2025
The European Central Bank may need to lower interest rates further and shouldn't exclude a larger reduction, Governing Council member Olli Rehn told Bloomberg News in an interview.
April 24, 2025
Volkswagen will supply thousands of electric vans in a collaboration agreement with Uber Technologies as the partners seek to offer rides in fully autonomous vehicles in the United States
April 24, 2025
Keurig Dr Pepper reported first-quarter revenue and profit above Wall Street expectations on Thursday, helped by strong demand for its
April 24, 2025
India said it would immediately suspend the Indus Waters Treaty with Pakistan as part of measures to downgrade diplomatic ties
April 24, 2025
Cessna business jet maker Textron beat first-quarter profit and revenue estimates on Thursday, driven by sustained strength in its Bell segment as well as robust demand for aftermarket
April 24, 2025
Sales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged many prospective home shoppers
April 24, 2025
U.S. truckers are moving record volumes of auto parts, appliances and sneakers after their customers stocked up ahead of President Donald Trump's tariffs, but
April 24, 2025
Orders for long-lasting U.S. manufactured goods surged in March on strong demand for commercial aircraft, but activity elsewhere was muted, likely as businesses exercised caution
April 24, 2025
Cryptocurrency campaigners have stepped up calls for the Swiss National Bank to buy bitcoin, saying the global economic turmoil triggered by U.S.
April 24, 2025
Vietnamese electric vehicle maker VinFast's losses widened in the fourth quarter, it said on Thursday, due to rising costs linked to its overseas expansion
April 24, 2025
Swiss drugmaker Roche is petitioning the U.S. government in direct talks for import tariff exemptions, arguing the products it ships into the United States are offset by
April 24, 2025
International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that for China to shift its economy towards consumption, it will need to end a property crisis
April 24, 2025
By Michael S.
April 24, 2025
PepsiCo on Thursday cut its annual profit forecast as the soda and snacks giant signaled higher production costs and subdued consumer spending due to the uncertainty
April 24, 2025
Chile's competition regulator approved a deal between Codelco, the state-run copper giant, and SQM to form a joint venture to expand lithium production in the Atacama salt flats,
April 24, 2025
Hasbro's quarterly results beat Wall Street estimates on Thursday, helped by strength in the company's gaming segment, sending the toymaker's shares up about 12%.
April 24, 2025
CNN's Erin Burnett reacts to Elon Musk's remarks during a Tesla earnings call in which he said he would scale back his efforts at Department of Government Efficiency to "a day or two" a week starting sometime next month.
April 23, 2025
Shares of International Business Machines fell nearly 7% in morning trading on Thursday after the company said some of its federal contracts were suspended, while an uncertain economy poses
April 24, 2025
The International Monetary Fund plans to work with Syria to help it reintegrate into the global economy, IMF chief Kristalina Georgieva said on Thursday, citing a meeting on the
April 24, 2025
U.S. existing home sales fell more than expected in March, weighed down by higher borrowing costs, and further weakness is likely as growing concerns of an economic slowdown
April 24, 2025
European Central Bank policymaker Olli Rehn on Thursday played up the chance of an interest rate cut in June as the ECB's new forecasts "may well" point to inflation falling too
April 24, 2025
U.S. spirits exports rose 10% in 2024 to $2.4 billion, according to a report by Distilled Spirits Council of the United States (DISCUS), driven by a surge in supply
April 24, 2025
China has denied any suggestion it's in active negotiations with the administration of U_S_ President Donald Trump over tariffs, saying any notion of progress in the matter is as groundless as “trying to catch the wind.”
April 24, 2025
The Trump administration said on Thursday states could lose transportation funding over a failure to cooperate on federal immigration enforcement efforts or
April 24, 2025
Leveraged equity exchange-traded funds have seen a surge in inflows this month as some investors seek to position for amplified gains when
April 24, 2025
Morgan Stanley Infrastructure Partners is exploring the sale of its majority stake in Brazos Midstream II, with a deal expected to value its holding at more than $2 billion
April 24, 2025
Chemicals firm Dow Inc said on Thursday that it expects extended pressure on earnings as uncertainty from U.S.
April 24, 2025
For years proponents of green energy have argued that the slow, inefficient permitting process in the United States significantly hinders the transition to clean sources of electricity
April 24, 2025
At the Social Security Administration, lawyers, statisticians and other high-ranking agency officials are being sent from the
April 24, 2025
Major drugmakers were a standout on a tumultuous day of corporate earnings on Thursday, beating expectations even as they grapple with
April 24, 2025
The dollar staged a broad retreat on Thursday, as investor gloom over the lack of progress toward defusing the U.S.-China trade war reasserted itself following an
April 23, 2025
Valero Energy reported a first-quarter loss compared with a year-ago profit on Thursday, weighed down by lower refining margins and around $1 billion in impairment charges related to its
April 24, 2025
Ukraine and the United States still have issues to resolve before signing a critical minerals agreement, but Kyiv officials are working to seal a deal "as fast
April 24, 2025
NATO Secretary-General Mark Rutte has called for European countries and Canada to make a "quantum leap" in boosting their contribution to the alliance.
April 24, 2025
Trump has begun another trade war. Here's a timeline of how we got here
Canada's leader laments lost friendship with US in town that sheltered stranded Americans after 9/11
Chinese EV giant BYD's fourth-quarter profit leaps 73%
You're an American in another land? Prepare to talk about the why and how of Trump 2.0
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