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Spotify drops 11% for worst day in two years on weak guidance
Spotify stock fell after the music streaming platform fell short of Wall Street's revenue expectations.
Published on: July 29, 2025 | Source:
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Trump administration moves to scrap Obama-era rule on COβ pollution
White House plans to unwind 2009 declaration that gives officials oversight of climate-warming emissions
Published on: July 29, 2025 | Source:U.S.-China trade talks end without extension of tariff truce, as Trump weighs options
The U.S. and China had agreed to pause most of the sky-high tariffs on each others' goods amid trade negotiations β but that pause is set to expire in August.
Published on: July 29, 2025 | Source:Trump EPA seeks to repeal finding that carbon dioxide emissions threaten public health
The EPA action is part of President Donald Trump's broader effort to expand fossil fuel production while limiting the expansion of renewable energy.
Published on: July 29, 2025 | Source:Trump's pharmaceutical tariffs could affect some drugmakers more than others
AbbVie, Bristol Myers Squibb and Eli Lilly appear "relatively well-positioned," while Novartis and Roche look more at risk, TD Cowen analyst Steve Scala said.
Published on: July 29, 2025 | Source:UK to recognise Palestinian state unless Israel ends Gaza crisis
Benjamin Netanyahu accuses Keir Starmer of rewarding Hamas
Published on: July 29, 2025 | Source:Merck plans $3 billion cost cuts by end of 2027, narrows full-year outlook
The multiyear effort comes as Merck prepares to offset revenue losses from the upcoming patent expiration of its blockbuster cancer drug Keytruda.
Published on: July 29, 2025 | Source:UnitedHealth says 2025 earnings will be worse than expected as high medical costs dog insurers
UnitedHealth's 2025 earnings guidance fell well short of Wall Street estimates, in the latest setback for the company.
Published on: July 29, 2025 | Source:Republicans seek to defund the OECD
Move against global tax body marks Trump administrationβs latest effort to withdraw from international organisations
Published on: July 29, 2025 | Source:Companies move to tighten security after fatal shooting in Manhattan
Groups rethink how to keep employees safe after second killing of an executive in New York in less than a year
Published on: July 29, 2025 | Source:The Fed is unlikely to cut rates, but this week's meeting is packed with intrigue
Considering nothing is likely to happen when it comes to major policy decisions, the meeting promises several fascinating subplots.
Published on: July 29, 2025 | Source:Novo Nordisk shares plunge 23% after Wegovy maker names new CEO, cuts full-year guidance
Danish pharmaceutical giant Novo Nordisk on Tuesday named its new CEO and cut its full-year sales and profit guidance.
Published on: July 29, 2025 | Source:US says extended trade war truce with Beijing hinges on Trump approval
Treasury secretary heads back to Washington after two days of talks with Chinese counterparts
Published on: July 29, 2025 | Source:There is a data deal to be done by banking incumbents and upstarts
Customer information is either a private asset or a public good
Published on: July 29, 2025 | Source:US companies use hot markets to slash borrowing costs on risky loans
Repricing activity hits record high of $153bn in July in latest sign of investor optimism
Published on: July 29, 2025 | Source:Iconiq set to lead $5bn funding round for AI start-up Anthropic
Deal would almost triple valuation of OpenAIβs rival to $170bn
Published on: July 29, 2025 | Source:French seek US tariff exemption for champagne and other drinks
Confusion persists over which EU products will be exempt from 15% levy expected to enter into force on Friday
Published on: July 29, 2025 | Source:Albert Hall heads for trial with private seat owners over access to performances
Holders of seats say venue is infringing rights of access dating back to 19th century
Published on: July 29, 2025 | Source:PayPal stock sinks 8% as company reports slow growth in key margin figure
PayPal topped Wall Street estimates for the quarter and raised full-year guidance, as CEO Alex Chriss pushes profitability over volume.
Published on: July 29, 2025 | Source:Procter & Gamble to increase US prices to counter $1bn tariff costs
Consumer goods group reports sales growth helped by rising prices of personal care and household products
Published on: July 29, 2025 | Source:Ivory Coast leader seeks fourth term after rivals sidelined
Opponents including ex-Credit Suisse CEO Tidjane Thiam are barred from standing in October vote
Published on: July 29, 2025 | Source:A fresh retail-trading frenzy is reshaping financial markets
Blame apps and DORKs, not stimmies
Published on: July 29, 2025 | Source:UnitedHealth says it faces $1.6bn in potential settlement costs
US health and insurance company profits shrink as patient care costs surge after difficult start to 2025
Published on: July 29, 2025 | Source:UK rail regulator approves new βopen-accessβ passenger services
Green light for FirstGroup and Arriva comes despite government pressure to curb growth of such operations
Published on: July 29, 2025 | Source:Stellantis bets on petrol cars to cash in on Trumpβs anti-EV campaign
Chief executive of Jeep and Fiat owner says offering more internal combustion vehicles will better reflect customer demand
Published on: July 29, 2025 | Source:Volodymyr Zelenskyyβs unforced error
Abortive attempt to control Ukraineβs anti-corruption bodies has damaged trust at home and abroad
Published on: July 29, 2025 | Source:Trump blocks Taiwanβs President Lai from New York stopover
Move comes as US and China hold trade talks and seek to stabilise relations
Published on: July 29, 2025 | Source:Gunman kills 4 in shooting at New York tower housing NFL
Police investigate attack on Midtown Manhattan skyscraper that is also home to Blackstone and KPMG
Published on: July 29, 2025 | Source:IMF upgrades global growth forecast as weaker dollar aids world economy
Fund says fall of US currency has helped lessen effect of Donald Trumpβs tariffs
Published on: July 29, 2025 | Source:Stellantis reinstates guidance but flags 'tough decisions' after $1.7 billion tariff impact
Auto giant Stellantis has touted a gradual recovery over the coming months.
Published on: July 29, 2025 | Source:Samsung backs South Korean AI chip startup Rebellions ahead of IPO
Rebellions has been working with Samsung to bring its second-generation artificial intelligence chip, called Rebel, to market.
Published on: July 29, 2025 | Source:Pharma giants push for tariff clarity as ambiguity threatens EU-U.S. deal
The pharma sector remains under a U.S. Section 232 investigation, with the outcome due by August.
Published on: July 29, 2025 | Source:The EU-U.S. trade deal could have one unexpected winner: The UK
The EU-U.S. trade agreement has been met with scepticism as concerns over what it means for the bloc have emerged.
Published on: July 29, 2025 | Source:India overtakes China in smartphone exports to the U.S. as manufacturing jumps 240%, report shows
Smartphones assembled in India accounted for 44% of U.S. imports in the second quarter, a significant increase from just 13% in the same period last year.
Published on: July 29, 2025 | Source:Barclays second-quarter profit beats estimates as investment banking revenues swell
Investors have been watching the performance of the lender's sharpened investment banking unit, which posted income of 3.3 billion the three months to June.
Published on: July 29, 2025 | Source: