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Angela Barnes

Economy

Trump imposes 50% tariffs on Canadian goods citing disputes over autos

President Donald Trump on Monday imposed 50% tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products.

Markets

Oil prices rise as fighting between US and Iran intensifies

Oil prices rose on Monday morning as fighting between the US and Iran intensified, fuelling concerns over disruptions to energy shipments through the Strait of Hormuz.

Markets

Oil prices extend run higher as fighting flares in the Middle East

Oil prices climbed early Tuesday as fighting intensified in the Middle East, while Asian shares declined, dragged lower by losses for artificial-intelligence stocks.

Economy

China's June exports surge 27% from year earlier as AI demand grows

China’s exports accelerated in June, jumping 27% from a year earlier thanks partly to the boom in artificial intelligence, the customs agency said on Tuesday.

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Markets

Oil prices jump and shares slip as US and Iran carry out airstrikes

Oil prices jumped and Asian shares were mostly lower on Monday after the US carried out airstrikes and Iran retaliated.

Business

EasyJet rejects €5.9bn takeover offer from US private equity firm

British no-frills airline EasyJet has rejected three informal takeover proposals from a US private equity firm, the latest totalling nearly €5.9bn (£5 billion), the two sides revealed on Monday.

Markets

Oil slips on US-Iran talks progress as pound falls on Starmer exit

Oil prices retreated on Monday after signs of progress in US-Iran negotiations eased fears of ongoing supply disruptions in the Strait of Hormuz, a critical global oil transit route. In the UK, market watchers turned their attention to the departure of the country's prime minister.

Business

Germany formally rejects UniCredit's €39bn Commerzbank offer

Germany has officially rejected UniCredit's offer for Commerzbank and said it supports the lender's independence.

Economy

Bank of Japan raises its key interest rate to a three-decade high

The Bank of Japan raised its benchmark interest rate to 1% on Tuesday, citing challenges stemming from a weak Japanese yen and higher prices.

Business

Fox buying streaming platform Roku in €19.1bn cash-and-stock deal

Fox Corp. is buying streaming platform Roku in a cash-and-stock deal valued at approximately $22 billion (around €19.1bn).

Business

Energy experts warn of slow oil supply recovery after Iran deal

High oil and gas prices and energy supply problems won't be solved overnight, despite Sunday's agreement to end the Iran war and reopen the Strait of Hormuz.

Markets

Oil prices rise as Iran and Israel trade strikes in defiance of Trump

European markets opened lower and oil prices rose on Monday morning as investors monitored the latest escalation in the Middle East.

Markets

Oil prices rally on Iran's US talks freeze and Strait of Hormuz threat

Oil prices sharply rose on Monday afternoon as Iran suspended all indirect talks with the US and vowed to fully close the Strait of Hormuz.

Markets

Oil prices slip as Trump calls off planned military strike on Iran

Oil prices fell on Tuesday as Donald Trump announced he was calling off a planned military attack on Iran.

Markets

Oil prices climb as Donald Trump delivers stark message to Iran

Oil prices climbed on Monday and European markets opened lower as US President Donald Trump sent a new warning to Iran via social media.

Markets

Oil jumps 4% as Trump rejects Iran’s response to ceasefire proposal

Oil prices jumped on Monday morning while European markets edged lower and Asian stocks rose to new all time highs after US President Donald Trump rejected Tehran’s response to the latest proposal on ending the war in Iran.

Markets

European markets mixed as oil prices stay elevated on Iran war fears

European markets opened in the green on Tuesday morning but later traded mixed as traders monitored developments in the Middle East.

Markets

Oil prices edge up despite Trump vowing action in Hormuz tensions

Oil prices rose slightly in early trading on Monday as investors monitored Iran war developments. Brent crude and WTI front month contracts are trading around 1% higher at around $109 and $103 per barrel respectively.

Markets

Stock markets flat as oil prices hold above $100 on US–Iran tensions

European markets and US futures are trading mostly flat on Monday morning, while Brent crude remains above $100 and Asian markets bounce, as talks between Iran and the US stall.

Business

Key US senator lifts block on Fed chair nominee Kevin Warsh

The Republican senator who had effectively blocked confirmation of President Donald Trump’s pick to lead the Federal Reserve said on Sunday he was dropping his opposition after the Department of Justice ended its investigation of the current central bank chair.

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