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Bessent says Trump tariff threat may light a fire under EU in trade talks

Bessent says Trump tariff threat may light a fire under EU in trade talks

By David Lawder BANFF, Alberta (Reuters) -Treasury Secretary Scott Bessent said on Friday that President Donald Trump does not believe that the European Union’s trade offers to the United States are of sufficient quality and that he hopes that a June 1 50% tariff threat will "light a fire under the EU" in negotiations with Washington. Bessent told Fox News Channel that many other top U.S. tradin ...

2025-05-24 00:11:11
Fitch maintains BP’s ’A+’ rating with stable outlook

Fitch maintains BP’s ’A+’ rating with stable outlook

Investing.com -- Fitch Ratings has confirmed BP plc (LON:BP)’s Long-Term Issuer Default Rating (IDR) at ’A+’ and maintained a Stable Outlook on Friday. The rating is based on BP (NYSE:BP)’s commitment to reduce its net debt to between $14 billion and $18 billion by 2027, and the expectation that the company will decrease its EBITDA net leverage to 1.1x-1.2x by 2027 from a high of 1.5x an ...

2025-05-24 00:09:39
Denmark stocks lower at close of trade; OMX Copenhagen 20 down 0.72%

Denmark stocks lower at close of trade; OMX Copenhagen 20 down 0.72%

Investing.com – Denmark stocks were lower after the close on Friday, as losses in the Technology, Healthcare and Personal & Household Goods sectors led shares lower.At the close in Copenhagen, the OMX Copenhagen 20 declined 0.72%.The best performers of the session on the OMX Copenhagen 20 were NKT Holding (CSE:NKT), which rose 1.82% or 9.50 points to trade at 531.50 at the close. Meanwhile, ...

2025-05-24 00:07:50
Turkey stocks lower at close of trade; BIST 100 down 1.26%

Turkey stocks lower at close of trade; BIST 100 down 1.26%

Investing.com – Turkey stocks were lower after the close on Friday, as losses in the Sports, Banking and Metal Products & Machinery sectors led shares lower.At the close in Istanbul, the BIST 100 fell 1.26%.The best performers of the session on the BIST 100 were Can2 Termik AS (IS:CANTE), which rose 5.56% or 0.09 points to trade at 1.71 at the close. Meanwhile, Pasifik Eurasia Lojistik Di ...

2025-05-24 00:06:35