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Economy

Trump’s 50% tariff on Brazil imports to brew trouble for Starbucks and Dutch Bros

Shares of Starbucks and other major US coffee retailers could face higher costs after the Trump administration proposed a sweeping 50% tariff…
Economy

Jane Street Ban to dampen India’s stock exchange’s rally and valuation

As India’s market regulator, the Securities and Exchange Board of India (SEBI) banned the trading giant Jane Street Group from the local…
Economy

Glenmark Pharma hits record high after $2B licensing deal for cancer drug

Shares of Glenmark Pharmaceuticals surged 14% to an all-time high on Friday after its biotechnology unit, Ichnos Glenmark Innovation (IGI), signed a…
Economy

Barrick CEO remains bullish on copper amid US tariff uncertainty

Mark Bristow, CEO of Barrick Mining Corp, reiterated the copper miners’ bullish outlook on the metal’s future in Zambia, where the company…
Economy

Asian markets trade mixed as Trump’s tariffs weigh; Nikkei, Kospi end in red

Asian markets remained mixed on Friday as the investors assessed US President Donald Trump’s recent tariff moves and broader volatility in the…
Economy

Dow Futures plunge 300 points: 5 things to know before Wall Street opens today

Dow Futures dropped early Friday after President Donald Trump announced a 35% tariff on all Canadian imports, effective August 1. The Dow…
Economy

Levi Strauss shares jump 7% on raised outlook; analysts increase price targets

Levi Strauss & Co. shares surged more than 7% in premarket trading on Friday after the company raised its full-year revenue and…
Economy

European stocks soar higher on hopes of trade deal: FTSE up 0.8%, DAX jumps 0.4%

European stocks advanced on Thursday as investors looked for signs of progress in trade talks between the United States and the European…
Economy

Freeport-McMoRan shares rise on Trump’s 50% copper tariffs: why is it a ‘top pick’

Shares of US-based copper giant Freeport-McMoRan climbed 3.75% to $47.30 in premarket trading on Wednesday, as investors reacted to a new 50%…
Economy

UBS raises global oil refining margins outlook amid delays and closures

UBS announced a revised outlook on the global oil refining industry, anticipating a significant tightening of supply balances in the coming years. …
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