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Billionaire financiers lambast Trump tariffs

Alarm at market turmoil prompts even allies of the president to speak out

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

CEOs think the U.S. is 'probably in a recession right now,' says BlackRock's Larry Fink

The asset management executive also said that the he thinks the tariffs of President Donald Trump could put upward pressure on inflation.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

Scottish and NI blazes highlight surge in UK wildfires

Fire chiefs warn of climate change driving extreme weather in the wake of weekend infernos

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

Starmer pledges centralised service for researchers to mine health data

Announcement follows recommendation in UK government-commissioned review last year

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

Donald Trump’s tariffs will fix a broken system

Next we must tackle the barrage of non-tariff weapons used to strangle American exports

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

The Makassar Strait is a sign that global rules are being rewritten

This new economic artery links nations that promise to be dynamic trading partners for Europe

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

A market rout made in the White House

Those with the president’s ear must urge him to change course on tariffs

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

Jamie Dimon delivers a masterclass in managing up

JPMorgan chief’s letter to shareholders is an exercise in blending in with the political wallpaper

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

Oil drops further as fears of global recession rise

Trump welcomes fall in oil price as he signals he is pushing ahead with sweeping tariffs

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

UK statistics agency must take β€˜decisive action to restore confidence’

Lack of investment caused errors in collection of data at the Office for National Statistics, regulator concludes

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

ECB expected to cut rates in April and June as tariffs threaten recession

Growing concern about growth and deflationary pressure predicted to force central bankers’ hands in Eurozone and UK

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

Bond yields tank around the world as investors take cover amid equity rout

Bonds are acting as a safe haven amid wider market turmoil β€” though the rally may not prove sustainable.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

Israel widens air strikes against neighbours in escalating campaign

Bombing in Lebanon and Syria come alongside renewed military offensive in Gaza

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

Starmer vows not to raise taxes despite Trump’s tariffs

Prime minister says he will β€˜seize the opportunity’ to make the economy more secure

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

Defense stocks abruptly stem losses as Trump’s tariffs wreak havoc on global markets

European defense giants whipsawed on Monday, abruptly paring losses as investors continue to grapple with a broad stock market downturn.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

Want the coolest food in Japan? Head to the konbini

The humble convenience store takes fast food to the next level

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

How much do stocks have to drop before trading is halted? The details on market 'circuit breakers'

When stock prices and stock futures fall rapidly in a single session, exchanges implement halts in trading to allow a moment for cooler heads to prevail.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

UK loses bid to keep Apple appeal against demand for iPhone 'backdoor' a secret

Apple has triumphed over an effort from the U.K. government to keep secret details of its appeal against an order to create a "backdoor"to iPhone users' data.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

Parents who raise emotionally savvy kids do these 4 things: 'Kids learn by witnessing what we do'

Emotional resilient kids "almost always have one thing in common: parents who know how to deal with their own emotions," says psychologist Dr. Juli Fraga.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

Top Honda executive resigns after allegation of inappropriate conduct

Number two official Shinji Aoyama is corporate Japan’s latest business leader to depart in ignominy

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

Peter Navarro says Vietnam's 0% tariff offer is not enough: 'It's the nontariff cheating that matters'

The examples of nontariff "cheating" cited by Navarro included Chinese products routed through Vietnam, intellectual property theft and a value-added tax.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

UK government attempt to keep Apple challenge private rejected

Privacy rights campaigners welcome ruling by Investigatory Powers Tribunal

Published on: April 07, 2025 | Source: Financial Times - World favicon Financial Times - World

JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy

Jamie Dimon is the first Wall Street CEO to publicly address President Trump's sweeping tariff policy as global markets tumble.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says

Bill Ackman said that America is heading toward a self-inflicted "economic nuclear winter" as a result of President Donald Trump's tariff policy rollout.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

Market carnage goes global

As stockmarkets plunge, Donald Trump seems untroubled. That is scary

Published on: April 07, 2025 | Source: Economist - Finance favicon Economist - Finance

British carmaker Jaguar Land Rover pauses U.S. shipments over Trump tariffs

Jaguar Land Rover, which is one of Britain's biggest carmakers, described the U.S. as "an important market" for the firm's luxury brands.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

Politicians urge calm in Europe after Trump tariffs drive 'stock market earthquake'

"The stock market earthquake from Japan through Europe to America must be survived without nervous decisions," Polish Prime Minister Donald Tusk said Monday.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

Commerce Secretary Lutnick doesn't back down in face of market sell-off: 'The tariffs are coming'

Commerce Secretary Howard Lutnick said the Trump administration remains committed to implementing its reciprocal tariffs amid a global market sell-off.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

Japanese yen and Swiss franc top hedges against Trump tariffs, according to analysts

Investors are flocking to safe haven assets, with some investors looking at the Japanese yen, gold, bonds and "exotic" assets.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

CNBC Daily Open: Trump tariffs spark trade war, decimating stocks

Markets largely fell all around the world after the announcements, and the sell-off has extended into Monday.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

Myanmar's fatal quake deepens political turmoil with no path to peace, experts say

The deadly earthquake has jolted a nation devastated by a brutal civil war that displaced millions and decimated its economy.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

Many senior venture capitalists are leaving big firms. Insiders boil it down to a few reasons

Departing partners can be split into two groups: those who are "moving on for success" and those "moving on from failure," according to one startup founder.

Published on: April 07, 2025 | Source: CNBC International favicon CNBC International

US stock futures tumble as officials offer no respite from tariffs

Declines come after the worst week for Wall Street equities since the pandemic

Published on: April 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Bitcoin drops Sunday evening as cryptocurrencies join global market rout

Last week, bitcoin bucked the broader market meltdown, holding above $80,000 and rising to end the week.

Published on: April 06, 2025 | Source: CNBC International favicon CNBC International

Britain to dilute rules for smaller private equity firms and hedge funds

UK government proposes lifting regulation threshold from 100mn of funds under management to 5bn

Published on: April 06, 2025 | Source: Financial Times - World favicon Financial Times - World