(Reuters) -Corporate America is scrambling to implement countermeasures as President Donald Trump’s latest tariffs on Chinese imports went into effect earlier this week, while some levies on Canada and Mexico have been suspended.Potential price hikes, changes in sourcing locations and new U.S. plants are among the actions planned since Trump unveiled the tariffs and threatened potentially more l ...
Investing.com -- British Prime Minister Keir Starmer confirmed on Friday that he is closely monitoring the situation at Heathrow Airport, where a fire has caused significant disruption. The Prime Minister has been receiving regular updates on the incident and is in constant communication with the authorities on the ground.The fire at Heathrow Airport has resulted in distress and disruption, partic ...
Investing.com -- Ethiopia has achieved a preliminary agreement with its official creditors during discussions on debt default, according to the country’s state finance minister. The minister made this announcement on Friday, providing a potential solution to the nation’s debt crisis. The specifics of the agreement were not immediately disclosed. The agreement in principle signifies a step forw ...
Investing.com -- Morgan Stanley has revised its outlook on VAT Group (SIX:VACN), upgrading its rating to “equal-weight” from “underweight,” in a note dated Friday. The reassessment comes as analysts observe early signs of improvement in the pricing environment within the Memory segment, a key market for VATMorgan Stanley’s new stance on VAT Group reflects a more neutral positio ...