Deep plunge

Tariffs hit a sour note in NYC emporium of sweets

Economy Candy’s shelves brim with sweets from around the world — gummies from Germany, lollipops from Spain, chocolates from Japan and a panoply of candies from across the US....

85% of UAE CEOs see global economy to improve in next 3-5 years: Survey

CEOs in the UAE are demonstrating exceptional confidence in the global outlook, according to Arthur D. Little’s 2025 CEO Insights Survey. A striking 85% of UAE CEOs expect the...

EU seeks unity in first strike back at Trump tariffs

European Union countries will seek to present a united front in the coming days against US President Donald Trump’s tariffs, likely approving a first set of targeted countermeasures on...

German economy remains in the doldrums, set to recover gradually

German industrial orders stagnated in February and January’s drop was revised to be less steep, showing that Germany’s industrial sector slump could have bottomed out, but the recovery may...

Taiwan unveils $8.7 billion in help for firms to deal with US tariffs

Taiwan’s government on Friday announced at least T$288 billion ($8.7 billion) in financial help for companies and industries to deal with the impact of US tariffs, including export credits....

US President Trump unleashes tariff tornado

Dreaded April 2, when United States President Donald Trump had warned of announcing reciprocal tariffs, had come and brought bad news to many countries in the world, though the...

World markets sink after Trump tariffs generate COVID-like shock

Financial markets around the world are reeling on Thursday following President Donald Trump’s latest and most severe set of tariffs, and the US stock market is taking the worst...

German finance minister calls for strong response to US tariffs

German Economy Minister Robert Habeck said on Thursday that it was crucial for the European Union to have a unified response to US trade tariffs. “Europe’s strength is our...

‘Disruption to global trade is a threat to open UK economy’

Britain faces a “threat” to its open economy from any global fallout from US President Donald Trump’s sweeping tariffs but rather than retaliate it will double down on efforts...