World economy likely to avoid recession despite tariffs: IMF

The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump’s tariff rollout, the head of the International Monetary Fund ()...

ECB cuts rates again to help economy weather US policy

The European Central Bank (ECB) cut interest rates for the seventh time in a year on Thursday and warned that economic growth will take a big hit from US...

Pharma firms may absorb any tariff hit

US tariffs on pharmaceuticals could eventually mean higher prices for brand-name medicines, but in the near term the costs would likely be absorbed by drugmakers rather than patients whose...

Global chipmakers feel the pinch of Trump’s shifting trade policy

Global chip stocks were battered on Wednesday on fresh evidence of how US President Donald Trump’s shifting trade policy was complicating the outlook for semiconductor and computing giants, including...

Europe seeks to break its US tech addiction seriously

With President Donald Trump more unpredictable than ever and transatlantic ties reaching new lows, calls are growing louder for Europe to declare independence from US tech. From Microsoft to...

Who will benefit most from a new UK-US trade deal?

The UK may be on the brink of agreeing a new trade deal with the US, after nearly five years of negotiations. The previous government began discussions for a...

Panic buying

Stocks rise on bank earnings and auto tariff relief hopes

Stock markets rose Tuesday as investors digested strong bank earnings and shares in several auto giants surged over hopes of tariffs relief from US President Donald Trump. Some stability...

Coface revises global GDP forecast to around 2%

Inayat-ur-Rahman, Business Editor Coface, a global leader in trade credit insurance, debt collection, and business information services, has revised the global GDP growth forecast to around 2 per cent...

Global stocks edge higher after markets rally on Trump’s pause

Stocks are rising worldwide Monday after President Donald Trump relaxed some of his tariffs, for now at least, and as stress from within the US bond market seems to...