Barclays (LON:BARC) economist Jonathan Millar said the U.S. administration’s sweeping new tariffs, announced on “Liberation Day,” have delivered an unexpectedly strong stagflationary shock, raising risks of both higher inflation and recession later this year. Accord...
BP Plc (LON:BP) has begun the search for a new chair after Helge Lund announced on Friday his decision to step down, with the transition expected to take place in 2026. The company said in a statement that the selection process is underway, led by senior independent...
PoundSterlingLIVE – Image © Adobe (NASDAQ:ADBE) Images The Pound to Dollar exchange rate has scope to rise further to 1.3250 in the days ahead and GBP/EUR might be likely to return toward 1.20, according to a trader at JPMorgan (NYSE:JPM), who’s recently unwou...
Goldman Sachs (NYSE:GS) trimmed its oil price projections amid increased tariff escalations and a higher supply from OPEC+ countries. The Wall Street bank now expects Brent and WTI oil prices to average $69 and $66 per barrel, respectively, in 2025. For 2026,...
ExchangeRates.org.uk – At the time of writing, GBP/USD traded at $1.3148, it’s highest level since October 2024 and a 1.3% increase from Wednesday.The US Dollar (USD) plummeted on Wednesday evening and into Thursday’s session as markets reacted to US President...
Prime Minister Sir Keir Starmer has vowed to respond with “cool and calm heads” to new US trade tariffs, emphasizing that Britain is prepared to protect its economy while continuing negotiations with Washington. Speaking at a meeting with top executives ...
Bitcoin fell on Thursday as risk sentiment soured after U.S. President Donald Trump announced a 10% universal tariff on all imports, in addition to much steeper reciprocal duties on some countries, including key trading partners. The world’s largest cryptocurrency ...
FTSE 100 falls 98 points to 8,510 World markets react to US blanket tariffs …including 10% on UK, 20% on EU, 34% on China Currys lifs profit guidance 9am: AstraZeneca and GSK (LON:GSK) climb on possible tariff escape UK pharmaceutical giants AstraZeneca PLC ...
The latest round of tariffs announced by the US administration is expected to weigh heavily on economic growth in the eurozone and the UK, increasing the likelihood of a recession in the second half of 2025, analysts at Barclays (LON:BARC) warn. The new trade barrie...
European Commission President Ursula von der Leyen has strongly criticized the U.S. President Donald Trump’s sweeping tariffs, calling them a serious threat to the global economy. She warned that the European Union is ready to retaliate if negotiations with Washingt...
