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U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses

Gross domestic product was expected to rise at a 0.4% annualized pace in the first quarter, according to the Dow Jones consensus estimate.

Published 30 April 2025
Categorised as Finance News

U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses

Gross domestic product was expected to rise at a 0.4% annualized pace in the first quarter, according to the Dow Jones consensus estimate.

Published 30 April 2025
Categorised as Finance News

Eric Trump: ‘If banks don’t watch what’s coming, they’ll be extinct in 10 years’

“The modern financial system is broken, it’s slow, it’s expensive,” the executive vice president of the Trump Organization told CNBC.

Published 30 April 2025
Categorised as Finance News

UBS posts profit beat but ‘material risk’ from Trump tariffs darkens outlook

UBS on Wednesday beat bottom line expectations as the lender seeks to rein in steep share declines that have cost it the crown of continental Europe’s largest bank amid sweeping U.S. tariffs.

Published 30 April 2025
Categorised as Finance News

Adidas warns tariffs will lead to higher costs on its U.S. products

“Higher tariffs will eventually cause higher costs for all our products for the US market,” Adidas said in a statement.

Published 30 April 2025
Categorised as Finance News

Germany’s economy expands by 0.2% in the first quarter, in line with expectations

A Reuters poll had projected 0.2% growth from the previous quarter.

Published 30 April 2025
Categorised as Finance News

UBS posts profit beat but ‘material risk’ from Trump tariffs darkens outlook

UBS on Wednesday beat bottom line expectations as the lender seeks to rein in steep share declines that have cost it the crown of continental Europe’s largest bank amid sweeping U.S. tariffs.

Published 30 April 2025
Categorised as Finance News

Swiss giant UBS posts profit beat but ‘material risk’ from Trump tariffs darkens outlook

UBS on Wednesday beat bottom line expectations as the lender seeks to rein in steep share declines that have cost it the crown of continental Europe’s largest bank amid sweeping U.S. tariffs.

Published 30 April 2025
Categorised as Finance News

Swiss giant UBS posts profit beat but ‘material risk’ from Trump tariffs darkens outlook

UBS on Wednesday beat bottom line expectations as the lender seeks to rein in steep share declines that have cost it the crown of continental Europe’s largest bank amid sweeping U.S. tariffs.

Published 30 April 2025
Categorised as Finance News

Swiss giant UBS beats expectations with $1.69 billion profit in first quarter

UBS on Wednesday beat bottom line expectations as the lender seeks to rein in steep share declines that have cost it the crown of continental Europe’s largest bank amid sweeping U.S. tariffs.

Published 30 April 2025
Categorised as Finance News

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