Oil was already reeling from last week’s market surprise
The platform will equip small businesses with fast, secure, and cost-effective customizable solutions
The addition of International Workplace Group’s latest location in Regus at El Gouna marks its 18th location in Egypt
Further uncertainty was delivered just before the European close
Trump has also opposed the deal, but the president appeared to soften his position
Traders expect the central bank to lower its benchmark interest rate
In the U.K., the Investigatory Powers Act of 2016 empowers the government to compel tech companies to weaken their encryption technologies
Trump’s threat is the latest tit-for-tat between the U.S. and China in the last week
The dollar index rallied sharply following Trump’s win on Nov. 5
Trump’s tariffs cover some 70% of the EU’s exports to the United States
China’s Finance Ministry announced it would impose a 34% tariff on all goods imported from the U.S.
The S&P 500 nosedived 5.97% to 5,074.08, the biggest decline since March 2020
The Stoxx 600 closed 2.57% lower on Thursday
The drop in rates comes at a good time for the housing market
Powell stressed that meeting the inflation side of its mandate will require keeping inflation expectations in check
It could be used to reduce the US national deficit
Deutsche Bank warned that the euro area’s gross domestic product could suffer a hit of 0.4-0.8 percentage points
China also added 11 U.S. firms to the “unreliable entities list” that the Beijing administration says have violated market rules
The Nasdaq composite fell 1,050.44 points, or 6%
Markets are still digesting tariffs
The regional Stoxx 600 index ended down around 2.7%
The U.K. has “a fair and balanced trade relationship with the U.S.”
South Africa seeks to negotiate a new “bilateral and mutually beneficial trade agreement”
The additional U.S. duties on India come to 27%
Pharmaceutical companies breathed a sigh of relief
The International Monetary Fund most recently assessed that the economy of Poland, which has historically maintained close relations with the U.S., would expand by 3.5%
The Dow gained 235.36 points to hit 42,225.32
Investors shrugged off mostly bearish U.S. government crude inventory data
Trump said last month that he planned to announce car tariffs “very shortly”
The partners have been working with a consortium of investors