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German finance minister says trust not yet broken with U.S., prefers zero-for-zero tariff solution

The trust between Europe and the U.S. is not yet broken despite President Donald Trump’s tariff policies, Joerg Kukies, acting German finance minister, said.

Published 24 April 2025
Categorised as Finance News

Bank of England chief focused on tariff ‘growth shock’ but downplays UK recession risk

Bank of England Governor Andrew Bailey said Thursday that the central bank is focused on the potential U.K. growth shock from U.S. tariffs.

Published 24 April 2025
Categorised as Finance News

Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy

The Cleveland Fed president said Thursday she thinks policymakers need to be patient rather than preemptive.

Published 24 April 2025
Categorised as Finance News

China says no ongoing trade talks with the U.S., calls for canceling ‘unilateral’ tariffs

U.S. President Donald Trump and U.S. Treasury Secretary Scott Bessent this week indicated that there might be an easing in tensions with China.

Published 24 April 2025
Categorised as Finance News

Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy

The Cleveland Fed president said Thursday she thinks policymakers need to be patient rather than pre-emptive.

Published 24 April 2025
Categorised as Finance News

Stocks making the biggest moves premarket: Texas Instruments, IBM, Southwest, ServiceNow, Hasbro & more

These are the stocks posting the largest moves in premarket trading.

Published 24 April 2025
Categorised as Finance News

British fintech Revolut tops $1 billion in profit as revenue jumps 72%

Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31, 2024, totaled £1.1 billion ($1.5 billion), up 149% year over year.

Published 24 April 2025
Categorised as Finance News

Shares of Gucci-owner Kering drop after first-quarter sales slump

Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead.

Published 24 April 2025
Categorised as Finance News

Shares of Gucci-owner Kering drop after first-quarter sales slump

Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead.

Published 24 April 2025
Categorised as Finance News

Shares of Gucci-owner Kering drop after first-quarter sales slump

Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead.

Published 24 April 2025
Categorised as Finance News

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