The U.S. struck a framework trade agreement with the European Union on Sunday, imposing a 15% import tariff on most EU goods and averting a bigger trade war between the two allies that account for almost a third of global trade. Following are reactions fr

The job cuts at TCS will primarily affect middle and senior management employees.

Federal Reserve is likely to leave key interest unchanged and avoid hints on whether a September cut is likely amid tariff uncertainty, Trump pressure

Sweeping changes are coming to the world’s most powerful central bank, President Donald Trump and his top advisers have said — and they’re already starting to make good on that promise.

(Bloomberg) -- Oil traders are grappling with a tension — there’s a growing chorus of warnings about the market weakening later this year and into 2026, but for now prices are holding strong near $70 a barrel. Most Read from BloombergThe High Costs of Tru

LONDON/NEW YORK (Reuters) -European Union wine and spirits producers could emerge among the few winners of a EU-U.S. trade deal agreed at the weekend that some European officials consider unbalanced. The high-level agreement, which imposes a 15% baseline

The UK retail sector saw a modest recovery in June 2025 as a spell of hot weather and a lively events calendar encouraged spending on seasonal goods.

President Trump will loom large over the Federal Reserve's policy meeting this week, even if the central bank does what the market expects and keeps interest rates on hold.

(Bloomberg) -- South Korea is pitching the US on a shipbuilding partnership as a key proposal to seal a last-minute agreement to avoid a 25% tariff rate.Most Read from BloombergThe High Costs of Trump’s ‘Big Beautiful’ New Car Loan DeductionCan This Bridg

Citi's head for Sub-Saharan Africa believes US tariffs will have little impact on the continent. Akin Dawodu spoke to Bloomberg's Jennifer Zabasajja in Johannesburg about expectations for economic growth across Africa.

(Reuters) -German automaker Volkswagen's premium brand Audi lowered its full-year financial guidance on Monday, citing the impact of higher U.S. import tariffs and ongoing restructuring costs. Audi also cut its operating margin forecast to 5% to 7%, compa

China is restricting the export of critical minerals to the US as it seeks to maintain pressure on the White House ahead of trade talks this week.

(Bloomberg) -- UK Prime Minister Keir Starmer will meet US President Donald Trump in Scotland on Monday in a bid to remove the remaining obstacles to their trade deal and press for a lasting ceasefire in Gaza.Most Read from BloombergThe High Costs of Trum

Wintrust Financial delivered a Q2 performance that topped Wall Street’s expectations for both revenue and adjusted earnings per share, though the market reaction was muted. Management attributed the quarter’s results to broad-based loan and deposit growth

US and Chinese officials are meeting Monday to extend their tariff detente beyond a mid-August deadline and discuss other ways to further defuse trade tensions. Chinese Vice PremierHe Lifengand US Treasury SecretaryScott Bessentwill lead the delegations t