84 m. ago Tariff war draws investment warning from $160 billion novo fund

(Bloomberg) — The $160 billion fund behind Ozempic-maker Novo Nordisk A/S says President Donald Trump’s tariff war has created so much economic uncertainty that it now sees little likelihood it will move ahead with any big investments. “Until there is more clarity on the prospects for economic growth, we will slow down our investment activities,” […]

Economics

97 m. ago South Africa, Kenya are Private Equity Bright Spots Despite Trump’s Trade Chaos

A majority of private equity investors see South Africa and Kenya as their top investment destinations over the next three years even as US President Donald Trump’s tariff chaos muddies fund-raising outlook for the continent in 2025, according to the African Private Capital Association.

Economics

8 h. ago The $160 Billion Fund Behind Novo Nordisk Puts Investing on Hold

The $160 billion fund behind Ozempic-maker Novo Nordisk A/S says President Donald Trump’s tariff war has created so much economic uncertainty that it now sees little likelihood it will move ahead with any big investments.

Economics

25 h. ago Asia Gains Lead in Race for Interim Deals to Avoid Trump Tariffs

Asian economies geared for exports and facing some of the highest US “reciprocal” tariffs are leading the way over their western counterparts in trade negotiations with the Trump administration.

Economics

25 h. ago ECB Prepares for June Cut as Economy Hurt Even If Trade Is Fixed

European Central Bank officials are preparing to lower interest rates further, expecting lasting damage to the economy from US tariffs even if Donald Trump’s administration softens its stance in the weeks ahead.

Economics

27 h. ago How Canadians are standing up to the U.S. and Trump’s tariffs in the grocery aisles

Defiant shoppers are trying new brands and recipes — often paying more — to support Canadian businesses and send a clear message south

Economics

56 h. ago Charting the Global Economy: US Dollar Slide Evocative of Nixon

The dollar is on pace for its worst performance during the first 100 days of a US presidency since Richard Nixon was in the White House as Donald Trump imposes tariffs and attempts to reshape global trade.

Culture

67 h. ago Trump, China trade conflicting statements on trade talks, raising confusion

Trump asserted in an interview and in exchanges with reporters Friday that tariff negotiations were underway with China, but Beijing denied any talks were taking place.

Economics

69 h. ago What Trump told Time magazine about tariffs, taxes and the rule of law

Trump's insistence that his comments about Canada are 'not trolling' was far from the only moment that stood out from the wide-ranging interview.

Economics

3 d. ago Trump keeps contradicting himself on tariffs, making a fragile world economy nervous

WASHINGTON (AP) — President Donald Trump can’t stop contradicting himself on his own tariff plans. He says he’s on a path to cut several new trade deals in a few weeks — but has also suggested it’s “physically impossible” to hold all the needed meetings. Trump has said he will simply set new tariff rates […]

Economics

3 d. ago ETF Frenzy for Retail Daredevils Goes On Despite Market Turmoil

Wild market gyrations fueled by Donald Trump’s tariff war aren’t stopping issuers from rolling out a fresh crop of exchange-traded funds — many aimed squarely at investors with a taste for speculation.

Other

3 d. ago Are we in a recession? Don’t trust lipstick and underwear sales as a gauge

As experts warn of a near-term recession brought on by U.S. President Donald Trump's tariffs, many are looking for clues that may not be the most reliable indicators.

Other

3 d. ago UK Retail Sales Were Soaring Before US Tariffs Rocked Confidence

Britain’s economy posted its strongest retail sales since 2021 in the first quarter, before consumer confidence was sent sliding by Donald Trump’s tariffs.

Economics

4 d. ago What is ‘stagflation’? A closer look at the economic ‘double kiss of death’

Recession fears loom large for Canadians as the country grapples with U.S. President Donald Trump's tariffs. But economists are also warning of 'stagflation.' What is it?

Events

4 d. ago Younger Canadians are outsaving older ones as they enter trade war ‘survival mode’

Trump's tariffs are creating anxiety about jobs, inflation and recession, driving an increase in emergency savings

Economics

4 d. ago Lindt stockpiling chocolate in Canada amid tariff uncertainty

Chocolate maker Lindt & Sprungli says it’s increasing its stockpiles of product in Canada amid uncertainty over the unfolding tariff situation with the U.S. President Donald Trump enacted tariffs on Canada and Mexico earlier this year, only to delay some of them shortly after, and more recently imposed sweeping tariffs on many countries before delaying […]

Economics

4 d. ago One Tech Tip: Thinking of buying a secondhand phone? Some tips on what to look for

LONDON (AP) — New smartphones aren’t cheap and prices could reach even higher as globe trade tensions fueled by U.S. President Donald Trump’s tariff threats throw Asian exports into turmoil. To save money, consider buying a secondhand device. The market for used cell phones is booming. It’s now growing faster than the market for new […]

Technology

4 d. ago Chaos and uncertainty: America’s small businesses reel from Trump’s tariffs

U.S. retailers including a toy store owner who spoke to Global News are feeling the blunt impacts of President Donald Trump’s tariffs.

Economics

4 d. ago Dow Delays Construction at Major Canada Project Amid Volatility

(Bloomberg) — Dow Inc. said it’s delaying construction at a major chemicals project in Canada until market conditions improve, cutting the US company’s capital spending plan for the year by $1 billion. Dow’s decision follows President Donald Trump’s trade tariffs that have fueled business uncertainty and roiled financial markets in recent weeks. The company said […]

Politics

4 d. ago Dow delays construction at major Alberta project amid volatility

Dow Inc. said it’s delaying construction at a major chemicals project in Canada until market conditions improve, cutting the US company’s capital spending plan for the year by $1 billion. Dow’s decision follows President Donald Trump’s trade tariffs that have fueled business uncertainty and roiled financial markets in recent weeks. The company said Thursday it’s […]

Politics