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Vietnam, Spain pledge to upgrade ties after tariff shock
The leaders of Spain and Vietnam pledged on Wednesday to upgrade ties to the highest level, as the two countries attempt to manage the fallout from enormous tariffs imposed by Washington.
India central bank cuts interest rates as Trump tariffs kick in
India's central bank cut interest rates in the world's fifth-largest economy on Wednesday as US President Donald Trump's tariffs kicked in and policymakers warned of "challenging global economic conditions".
Taiwan exporters count the cost of Trump's 'ridiculous' tariffs
Taiwanese exporters are crunching numbers and talking to American clients as they scramble to figure out how to respond to US President Donald Trump's tariff blitz that threatens to derail their businesses. Hsu estimated tariffs would cost Taiwanese exporters US$15 billion-US$20 billion a year.
Trump tariffs leave Italy's luxury furniture makers sitting uncomfortably
Even the most sumptuous cushions cannot ease the pain that Italian luxury furniture makers -- gathered at their annual fair -- can already feel from US President Donald Trump's tariffs.
EU plan to end Russian fertiliser imports unsettles farmers
The EU's plans to impose tariffs on fertiliser imports from Russia in a bid to increase pressure on Moscow over the Ukraine war have alarmed European farmers worried about possible price hikes.
Equities resume selloff as Trump cranks up trade war
Equities and oil plunged again Wednesday after Donald Trump ramped up his trade war by hitting China with tariffs of more than 100 percent as sweeping measures against the United States' dozens of partners are set to come into effect.
Inside Europe's last 'open-outcry' trading floor
In an era where computer algorithms automate trading at breakneck speeds, a dwindling number of London's metal traders still conduct business in-person by shouting orders across Europe's last so-called open-outcry trading floor. There is no longer any reason to continue open-outcry trading, explained Thierry Foucault, professor of finance at HEC Paris business school.
Musk brands Trump aide 'dumber than a sack of bricks' in tariff spat
Billionaire Elon Musk blasted President Donald Trump's senior trade advisor Peter Navarro as "truly a moron" and "dumber than a sack of bricks" on Tuesday in a growing rift over the US tariff policy that has rocked the world. Navarro is dumber than a sack of bricks."
UK to host Europe's first Universal theme park
Universal will build its first European theme park in Britain, Prime Minister Keir Starmer said Wednesday, unveiling a mega deal which could create thousands of jobs and attract millions of tourists. An estimated 8.5 million people would visit in its first year planned for 2031, making it the largest attraction in Britain.
AFP
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