Pharmaceutical companies are seeking clarification on tariffs imposed under the new US-EU trade agreement. Analysts caution that sector-specific punitive levies could jeopardise the entire deal, according to a CNBC report.Significant ambiguity surrounds the precise definitions and classifications of pharmaceutical goods within the framework of the trade truce finalised on Sunday. This agreement…
UnitedHealth Group Inc (NYSE: UNH) has reinstated its full-year guidance, but the management’s estimates hardly brought any good news for investors.UnitedHealth Group is projecting per-share earnings of $16 on up to $448 billion in revenue. Both figures are well below Wall Street estimates, which had expected earnings of $20.91 per…
Floating liquefied natural gas (FLNG) terminals are increasingly impacting the global LNG market, with Rystad Energy forecasting a threefold increase in capacity by 2030. Despite past technical and operational hurdles, FLNG projects now achieve utilisation rates similar to onshore terminals. As LNG demand grows and smaller gas fields become more viable, FLNG…
AstraZeneca share price held steady this week after the company published strong financial results on Tuesday. AZN stock was trading at 10,790p, a range it has remained in the past few days. It remains 10% above the lowest point this year.AstraZeneca earnings downloadThe main catalyst for the AstraZeneca share price…
India has overtaken China to become the leading exporter of smartphones to the United States for the first time, marking a significant shift in the global electronics supply chain as companies recalibrate their manufacturing bases amid trade tensions and rising tariffs.According to data from research firm Canalys, smartphones assembled in…
European stock markets are poised for a higher open on Tuesday, with major bourses looking to shake off the previous session’s losses. A wave of strong corporate earnings reports, notably from British bank Barclays and pharmaceutical giant AstraZeneca, is providing a positive catalyst for the market, even as investors continue…
Stellantis shares dropped 4.3% on the Milan exchange on Tuesday after the automotive group reinstated its full-year guidance, only to fall short of investor expectations.The company forecasted a modest recovery in the second half of 2025, projecting increased net revenue and a low-single-digit adjusted operating income margin despite mounting challenges,…
Niles Investment Management founder Dan Niles expects the “Magnificent Seven” names to post a strong second quarter– but he’s not entirely convinced that the stocks will push meaningfully to the upside.In a recent interview with CNBC, Niles quoted examples of Alphabet and Netflix– both of which recorded upbeat results last…
Pharmaceutical companies are seeking clarification on tariffs imposed under the new US-EU trade agreement. Analysts caution that sector-specific punitive levies could jeopardise the entire deal, according to a CNBC report.Significant ambiguity surrounds the precise definitions and classifications of pharmaceutical goods within the framework of the trade truce finalised on Sunday. This agreement…
US President Donald Trump’s new blanket tariffs are scheduled to take effect on August 1, a move that experts warn could lead to increased prices on various food items for American consumers, according to a CNBC report. These tariffs, which are essentially taxes on imported goods, are designed to protect domestic…