Trump’s 200% Tariff on European Alcohol: How It Could Reshape Markets & Portfolio Strategies
A new trade war battleground is emerging, and this time, it’s hitting European wines, champagnes, and spirits—a $40 billion industry with…
Day: March 13, 2025
White House instructs agencies to avoid firing cybersecurity staff, email says
By Alexandra Alper WASHINGTON (Reuters) – The White House is urging federal agencies to refrain from laying off their cybersecurity…
Morgan Stanley Research sees slowdown in M&A activity in the first half of 2025 amid volatility
(Reuters) – Investment banking is expected to experience a slowdown in the first half of 2025 as market volatility creates…
Trump asks US Supreme Court to intervene in bid to curb birthright citizenship
By Andrew Chung and John Kruzel WASHINGTON (Reuters) – Donald Trump took the fight over his attempt to restrict automatic…
US judge says Trump cannot fire Democratic member of federal labor board
By Daniel Wiessner and Jack Queen (Reuters) -A federal judge said on Wednesday that President Donald Trump lacked the power…
JPMorgan scoops over 5% stake in mining major Rio Tinto
(Reuters) -JPMorgan Chase has taken a 5.36% stake in Australia’s mining conglomerate Rio Tinto, an exchange filing to the local…
Investors bought Magnificent 7 ETF amid downturn, data shows
By Suzanne McGee (Reuters) – Individual investors snapped up shares of an exchange-traded fund tied to the “Magnificent Seven” group…
Exclusive-US food giants PepsiCo, Conagra seek to exempt some imports from tariffs, trade group says
By Jessica DiNapoli NEW YORK (Reuters) – Major packaged food makers including Quaker Oats and Folgers coffee asked U.S. President…