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Dousa: EU-US Customs Deal Not Ideal, Sweden Seeks More Reductions
Business News

Dousa: EU-US Customs Deal Not Ideal, Sweden Seeks More Reductions

Sweden will drive on to have more goods covered by lower customs duties, says Minister for Foreign Trade Benjamin Dousa (The Moderate Party). The agreement is not entirely clear – among other things, medicines are not included in the customs agreement
US Considers High Tariffs on EU Pharmaceuticals
Business News

US Considers High Tariffs on EU Pharmaceuticals

USA's Minister of Trade Howard Lutnick says that there is still no agreement on tariffs on medicines with the EU.
Boeing Reports Smaller Q2 Loss and Surpasses Revenue Expectations
Business News

Boeing Reports Smaller Q2 Loss and Surpasses Revenue Expectations

India Becomes Top Smartphone Exporter to USA
Business News

India Becomes Top Smartphone Exporter to USA

India has surpassed China and is now the largest exporter of smartphones to the USA, reports CNBC.
Wall Street Hits Fifth Consecutive Record as Week Ends
Business News

Wall Street Hits Fifth Consecutive Record as Week Ends

New York stock exchange ended the week with a record – again. The broad S&P500 index closed at a new record level for the fifth day in a row and the technology-heavy Nasdaq's composite index for the fourth time this week
Coldplay Concert Kiss Cam: HR Manager Resigns After CEO's Exit
Entertainment News

Coldplay Concert Kiss Cam: HR Manager Resigns After CEO's Exit

After the CEO of Astronomers, Andy Byron, resigned, the HR manager who was with him at the Coldplay concert has also left the company, reports among others CNBC.
Starlink Outage Affects Over 60,000 Users for 2.5 Hours
Business News

Starlink Outage Affects Over 60,000 Users for 2.5 Hours

The Starlink satellite network was down on Thursday evening. After around 2
Wall Street Hits New Record Levels Amid Strong US Labor Market
Business News

Wall Street Hits New Record Levels Amid Strong US Labor Market

Again, the US labor market shows stubborn strength, which reduces the chances of a rate cut. At the same time, the New York stock exchange climbed to new record levels
Tesla Q2 Earnings Fall Short of Market Expectations
Business NewsTop News

Tesla Q2 Earnings Fall Short of Market Expectations

The already economically badly damaged electric car giant Tesla disappointed the market's expectations in its report for the year's second quarter.
Alphabet Surpasses Q2 Expectations with Strong Revenue Growth
Business News

Alphabet Surpasses Q2 Expectations with Strong Revenue Growth

Google's parent company Alphabet exceeded expectations in its quarterly report for the second quarter, reports CNBC. The IT giant's turnover landed at 96
Bessent Backs Powell Amid Trump's Call for Resignation
Business News

Bessent Backs Powell Amid Trump's Call for Resignation

USA's Finance Minister Scott Bessent gives clear support to the central bank chief Jerome Powell after Donald Trump's outburst that he should resign. If he wants to stay, I think he should, says Bessent to the TV channel Fox Business
EU-US Tariff Talks Reach Most Sensitive Stage
Business NewsTop News

EU-US Tariff Talks Reach Most Sensitive Stage

The negotiations on tariffs between the EU and the USA are in their most sensitive stage, says Olof Gill, spokesperson for the EU Commission on trade issues. All negotiations are psychology, says Olof Gill to TT
Wall Street Begins Week with Cautious Optimism Ahead of Tech Reports
Business News

Wall Street Begins Week with Cautious Optimism Ahead of Tech Reports

It was upwards on the New York stock exchange when the trading week began in anticipation of the heavy tech companies' interim reports.
Sweden Secures Exemptions for Five Goods from EU Tariff List
Business NewsTop News

Sweden Secures Exemptions for Five Goods from EU Tariff List

Five products from Swedish industry are now being removed from the countermeasure package that the EU plans to implement if the USA introduces 30-percent tariffs on August 1. - That we got it through has saved jobs within Swedish industry, says Minister for Foreign Trade Benjamin Dousa (The Moderate Party) to TT
Positive Trends on China's Stock Markets as Week Ends
Business News

Positive Trends on China's Stock Markets as Week Ends

It was mostly upwards on the stock exchanges in Asia during the week's last trading day.
Netflix Surpasses Market Expectations in Second Quarter Results
Business News

Netflix Surpasses Market Expectations in Second Quarter Results

The streaming service Netflix again exceeded the market's expectations for profit and sales – now in the company's report for the second quarter.
Pepsico Surpasses Analyst Expectations with Strong Quarterly Results
Business News

Pepsico Surpasses Analyst Expectations with Strong Quarterly Results

US Stock Market Dips and Recovers Amid Trump-Powell Rumors
Business News

US Stock Market Dips and Recovers Amid Trump-Powell Rumors

President Donald Trump was reported to be on his way to fire the central bank chief Jerome Powell – and the New York stock exchange fell back quickly. It recovered to plus when Trump dismissed the reports
Trump Reportedly Near Firing Powell, But Denies It
Business NewsTop News

Trump Reportedly Near Firing Powell, But Denies It

USA's president Donald Trump will likely fire central bank chief Jerome Powell shortly, reports American media with reference to sources in the White House. Highly unlikely, counters Trump – but leaves the door ajar
Nvidia Boosts Nasdaq Amid Gloomy New York Stock Market
Business News

Nvidia Boosts Nasdaq Amid Gloomy New York Stock Market

The day was characterized by inflation statistics, tariff statements and quarterly reports. But despite the semiconductor giant Nvidia climbing, the numbers on the New York stock exchange were largely negative
New York Stock Exchange Sees Cautious Gains Amid Tariff Concerns
Business News

New York Stock Exchange Sees Cautious Gains Amid Tariff Concerns

Yet another stock market day in New York where analysts tried to understand the consequences of President Donald Trump's rolling wave of tariff announcements. And once again, it resulted in cautious price movements
Asian Markets React to Weekend Tariff News with Mixed Movements
Business News

Asian Markets React to Weekend Tariff News with Mixed Movements

The larger Asian indexes moved in different directions during the week's first trading day.
Norway Bucks Trend with Rising Tesla Sales Amid European Decline
Business News

Norway Bucks Trend with Rising Tesla Sales Amid European Decline

The electric car manufacturer Tesla's sales in Europe have been declining lately. But in Norway, the development is going in the opposite direction
Wall Street Hits New Highs as S&P 500 and Nasdaq Set Records
Business News

Wall Street Hits New Highs as S&P 500 and Nasdaq Set Records

The specter of trade war did not scare investors on Wall Street. All leading indexes rose on Thursday and both S&P500 and Nasdaq reached new record levels
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