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The United States and the United Kingdom struck a sweeping pharmaceuticals trade deal this week that removes all tariffs on medicines, active ingredients, and medical technology, while locking the UK into a sharp increase in drug spending. Under the agreement, the ...

Bitcoin’s latest sell-off deepened at the start of the week, with the world’s largest cryptocurrency falling more than 5% in early trading to slip below the $80,000 mark. The move extends a sharp correction that began after Bitcoin peaked near ...

Catastrophe bonds, once a niche US insurance-market product, are steadily becoming a global investment talking point as climate risks intensify and investors chase yield in a high-rate world. First issued in the 1990s, these instruments allow governments, insurers, and reinsurers to ...

HP is pushing harder into AI while tightening its cost base, announcing plans to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as it reshapes operations around AI-driven productivity. The move follows an earlier round of 1,000 to 2,000 ...

Canada is rolling out a fresh layer of industrial protection as steel and lumber producers absorb the shock of steep US tariffs that have redefined cross-border trade flows. Ottawa will cut steel import quotas from non-free-trade partners to 20% of 2024 ...

President Donald Trump’s latest executive order marks a sharp pivot in his trade strategy, rolling back tariff rates on key agricultural imports in an effort to ease mounting concerns about food affordability. The measure, retroactive to Thursday, removes these goods from ...

Bitcoin’s sharp slide from its October peak has become a defining moment for the crypto market, with the world’s largest token briefly dipping below $90,000 this week, a level not seen in seven months, before recovering to roughly $91,800. The move ...

Tariffs on steel and aluminium have cast a long shadow over the city of Nuevo Leon’s industrial economy, squeezing margins and freezing production cycles just as the region was positioning itself as Mexico’s darling of nearshoring. With US import duties jumping ...

Bitcoin managed a modest rebound after a dramatic slide that erased all of its gains for 2025, underscoring how fragile sentiment has become in risk assets. The cryptocurrency briefly fell below $90,000 for the first time in seven months, touching ...

The White House is moving to dial back some of its own trade barriers, announcing that coffee and banana imports from Argentina, Guatemala, El Salvador, and Ecuador will soon face lower duties. The shift comes as US President Donald Trump confronts ...

Japan’s economy shrank for the first time in a year and a half, underscoring how vulnerable the country remains to shifts in global trade. Government data for the July–September quarter shows GDP contracting at an annualised rate of 1.8%, a ...

India’s headline inflation cooled sharply to 0.25% in October, well below forecasts of 0.48% and easing from 1.54% in September, signaling that the Reserve Bank of India (RBI) could have more room to loosen policy. The decline came as falling food, ...

SoftBank sold its entire 32.1 million-share stake in Nvidia for $5.83 billion in October, a move that coincided with the Japanese conglomerate’s partial divestment of $9.17 billion in T-Mobile shares. The sales form part of a broader effort to raise liquidity ...

European equities pushed to fresh records as policy risk faded and earnings did the heavy lifting. The STOXX 600 added 0.5% to an all-time high of 583.4, with healthcare and luxury in front after upbeat broker commentary on Novo Nordisk ...

Germany’s trade balance weakened sharply in September 2025, slipping to an 11-month low as import demand surged past expectations. The monthly surplus narrowed to €15.3 billion, down from €16.9 billion in August and €18 billion a year earlier. Exports edged up ...