Oil prices fall more than 2% as traders focus on escalating U.S.-China trade war
Trump’s decision to increase tariffs on China, the world’s second-largest economy and biggest crude importer, to an eye-watering 125% weighed on the market.
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European Union to put countermeasures to U.S. tariffs on hold for 90 days
EU members had voted in favor of the package on Wednesday in response to U.S. tariffs on steel and aluminum.
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Roller coaster week for global bonds continues as ‘Trump put' sparks reversals
“There’s a sense of relief that trade deals with the U.S. are firmly on the table,” economists say.
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Amazon CEO Andy Jassy says AI costs will come down over time even as company invests ‘aggressively'
Amazon CEO Andy Jassy released his annual letter to shareholders on Thursday.
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A global commodity sell-off is flashing warning signals for the world economy
“The collapse in commodities [prices] is a circuit breaker, a sign that a global recession is afoot,” says Marko Papic of BCA Research.
