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Tariffs may be counter-productive, says Brompton bosspublished at 14:08 British Summer Time 14:08 BST Dearbail JordanBusiness reporter Image source, Getty Images Will Butler-Adams, chief executive of Brompton Bicycle, which makes folding bikes, says US tariffs are creating uncertainty. While, at the moment, Brompton’s products are not facing additional taxes, he says people interpreting the tariffs […]
(Bloomberg) — Stocks in Asia drifted at the start of the week as traders refrained from making riskier bets after lackluster economic data spurred a selloff in Wall Street. The dollar declined against its peers, notably the euro. Most Read from Bloomberg Benchmarks in Hong Kong and mainland China traded in tight range while a […]
(Bloomberg) — Oil inched down as traders weighed the recent escalation of Russia’s war in Ukraine against US crude stockpile data that gave bulls little to cheer. Most Read from Bloomberg West Texas Intermediate traded near $69 a barrel. Earlier, prices climbed amid Ukraine’s firing of British cruise missiles at military targets inside Russia for […]
By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices eased on Thursday after resilient U.S. economic activity pointed to borrowing costs staying higher for longer in a potential blow to demand. Ahead of U.S. crude oil stockpiles data due later in the day, Brent futures dipped 26 cents or 0.3% to $83.34 a barrel as of 0630 […]
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