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The latest business and financial news from around the 🌍 with insights from @breakingviews. Our new daily podcast is here: https://t.co/WoRUGLyyeH
Around the world
Joined June 2008
President Trump warned of 30% tariffs on imports from Mexico and the EU starting August 1, after trade talks with both allies failed to yield a deal. Read:
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WATCH: President Trump, threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, after weeks of negotiations failed to reach a comprehensive trade deal
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Court upholds in part UniCredit's appeal against Italy's decision on Banco BPM bid
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Wall Street closed lower after President Trump escalated tariffs on Canada, adding to uncertainty over US trade policy. Read report:
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WATCH: Take a look at our weekly roundup of top business and finance stories
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WATCH: Wall Street ended lower after President Donald Trump intensified his tariff offensive against Canada, amplifying the uncertainty swirling around US trade policy
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WATCH: US-listed crypto stocks surged as bitcoin hit a record high, ahead of a pivotal week in Congress that could bring major policy gains for the crypto industry
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From US consumer data that could offer clues on when the Fed may next cut rates to GDP figures in China, these are the stories to watch in business and finance in the coming week. Read:
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Credit Agricole to seek ECB approval to go over 20% shareholding in Banco BPM
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BPER Banca secures 58.49% stake in Banca Popolare di Sondrio
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US-listed crypto stocks jumped as bitcoin surged to a record high in the run-up to a landmark week that could cement policy wins for the crypto industry. Read:
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Watch: Delta Air Lines issued a full-year profit outlook after withdrawing it earlier responding to President Trump's tariff threats, and forecast stronger earnings in the current quarter, sparking a rally in airline shares
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UN report urges stronger measures to detect AI-driven deepfakes
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Credit Agricole to seek ECB approval to go over 20% shareholding in Banco BPM
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Mediobanca says Monte dei Paschi bid's value one third lower than fair
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Canada records surprise job gains, June unemployment rate edges down
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BPER Banca's bid for Pop Sondrio sees take-up of 58.35% at end of offer
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Norwegian Air earnings beat market expectations in the second quarter. More here:
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WATCH: Investors are bracing for a pivotal second-quarter earnings season, as they search for signs of an impact from President Trump's trade wars. Find out what’s moving the markets — and why — with Market Talk
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BP's second-quarter results are expected to be impacted by lower prices received for gas and oil. More here:
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