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Stocks fall sharply; bonds, gold buoyed as tariffs stoke recession fears

Stocks fall sharply; bonds, gold buoyed as tariffs stoke recession fears

By Samuel Indyk and Wayne ColeLONDON (Reuters) -World share markets fell sharply on Monday and gold surged to another new record after U.S. President Donald Trump said tariffs would essentially cover all countries, stoking worries a global trade war could lead to a recession. Trump’s comments to reporters on Air Force One seemed to dash hopes the levies would be limited to a smaller group of cou ...

2025-03-31 17:41:54
Aston Martin predicts U.S. tariffs impact, plans to raise $161.8M from investments

Aston Martin predicts U.S. tariffs impact, plans to raise $161.8M from investments

Investing.com -- Aston Martin (LON:AML), the British luxury sports-car manufacturer, anticipates that U.S. tariffs will hamper its sales volumes this year. The company is now forecasting a modest growth compared to last year, a downgrade from its prior projection of mid-single-percentage digit growth.In a bid to bolster its finances, the company plans to raise £125 million ($161.8 million) thro ...

2025-03-31 17:40:02
Virgin Atlantic sees signals of slowing US demand

Virgin Atlantic sees signals of slowing US demand

LONDON (Reuters) - British airline Virgin Atlantic said it was starting to see some signals that demand was slowing in the United States after a strong start to 2025."I think we’ve seen very strong trading for the first quarter," Chief Financial Officer Oli Byers said after the airline reported full-year results on Monday. "In the last few weeks, we have started to see some signals that U.S. dem ...

2025-03-31 17:38:06
Wood Group shares drop 25% after accounting issues delay FY24 results

Wood Group shares drop 25% after accounting issues delay FY24 results

Investing.com -- Shares of John Wood Group Plc (LON:WG) plunged 25% on Monday after the company said in a stock exchange filing that it had found accounting errors and financial oversight failures within its Projects business, delaying the release of its full-year results and triggering a likely trading suspension.The independent review, conducted by Deloitte, found issues with financial reporti ...

2025-03-31 17:36:19