12:30
Adidas shares fall

Adidas shares drop after sales miss expectations

Adidas saw its shares drop 7.5% in early Wednesday trading after second-quarter sales came in below expectations and the company warned of an added €200 million ($231 million) cost burden from new U.S. tariffs in the second half of 2024.

14:09
EU-U.S. trade deal

EU-U.S. trade deal gives €4 billion boost to European carmakers

European automakers including BMW and Mercedes-Benz are set to gain €4 billion from a new EU-U.S. trade agreement that lowers tariffs on vehicle exports. The move offers relief in a key market but still leaves duties higher than pre-2024 levels.

10:33
Oil rises

Oil rises as US-EU deal boosts trade optimism

Oil prices rose on Monday after the United States clinched a trade deal with the European Union and may extend a tariff pause with China, relieving concerns that higher levies could have hurt economic activity and limited fuel demand.

15:58
Saudi Arabia - Syria

Saudi Arabia announces $6.4 billion in Syria investments

Saudi Arabia announced $6.4 billion of investments in Syria on Thursday, reflecting the kingdom's deepening ties with interim President Ahmed al-Sharaa's government as it seeks to rebuild Syria after a 14-year civil war.

18:49
Central Banks

EXPLAINER - How do central banks fight inflation?

Inflation is when prices rise, reducing the purchasing power of your money. When it happens slowly, it’s manageable. But when it surges, it can disrupt savings, wages, business planning, and economic growth. That’s when central banks step in.

17:04
United States and Japan

U.S.–Japan auto deal boosts investment and sparks market jump

Shares have surged in the automobile industry after the U.S. agreed a deal to lower tariffs this week with Japan, triggering a sharp rally in Japanese equity markets. It's after President Donald Trump and Japan's lead negotiator Ryosei Akazawa made the agreement on Tuesday (22 July).

07:00
China car industry

China to ban resale of 'zero-mileage' cars within six months

China is set to prohibit the resale of new cars within six months of registration, aiming to end the practice of inflating sales through so-called 'zero-mileage' used vehicles and restore transparency in the competitive auto market.

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Opinion