European stocks set to open higher as investors digest earnings season Good morning from London. There’s just under an hour and a half to go until stocks begin trading, with the futures tied to the Stoxx Europe 600 index pointing to a gain of 0.2% when stock markets open. Regionally, the U.K.’s FTSE 100 and…
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday missed second-quarter profit expectations, mostly on account of impairment charges, according to the bank. It reported profit before tax for the three months…
US Treasury Secretary Scott Bessent (L) and US Trade Representative Jamieson Greer address a press conference in Rosenbad after the trade talks between the US and China concluded, in Stockholm, Sweden on July 29, 2025. Magnus Lejhall | Afp | Getty Images The much-anticipated U.S.-China trade talks in Sweden turned out to be a letdown…
Li Auto stocks plunge over 11% after debuting six-seat electric SUV Stocks of Chinese electric vehicle manufacturer Li Auto fell over 11% after it launched a six-seat electric vehicle. The Li i8 is available in three variants — Pro, Max, and Ultra — priced at RMB321,800 ($44,838) RMB349,800, and RMB369,800, respectively. Customer deliveries are set…
A file photo showing an aerial view of South Kuril Islands and coastline in Kamchatka region, Russia. Anadolu | Anadolu | Getty Images A powerful magnitude 8.7 earthquake struck off Russia’s Far Eastern Kamchatka Peninsula on Wednesday, generating a tsunami of up to 4 metres (13 feet), prompting evacuations and damaging buildings, officials said. “Today’s earthquake was serious and…
Singapore retains its title as the most expensive city for high-net-worth-individuals, according to Julius Baer’s 2025 Global Wealth and Lifestyle report. Deejpilot | E+ | Getty Images Singapore kept its monetary policy steady as the export-dependent city-state grapples with trade concerns from the Trump administration. The Monetary Authority of Singapore said it would hold the…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 25, 2025. Jeenah Moon | Reuters S&P 500 futures are near flat Tuesday night, after the benchmark snapped a win streak that brought it to record highs, as investors analyzed earnings reports and awaited the Federal Reserve’s…
A view of the AstraZeneca office in Mölndal, Sweden, on September 12, 2024. Nurphoto | Getty Images AstraZeneca CEO Pascal Soriot on Tuesday reiterated the pharmaceutical firm’s commitment to the U.S. market amid reports that he is considering shifting its listing stateside. Soriot said the U.K.-listed company had many reasons to be in the U.S.,…
UnitedHealthcare signage is displayed on an office building in Phoenix, Arizona, on July 19, 2023. Patrick T. Fallon | Afp | Getty Images UnitedHealth Group on Tuesday issued a 2025 outlook that fell short of Wall Street’s expectations, as the company’s insurance unit continues to grapple with higher medical costs. Shares of UnitedHealth Group fell…
Shelf of pharmaceutical products. D3sign | Moment | Getty Images Pharma firms are calling for clarity on tariffs imposed under the new U.S.-EU trade agreement, as analysts warn that punitive sector-specific levies could risk blowing up the entire deal. Ambiguity abounds around the terms for pharmaceutical goods under the trade truce agreed Sunday, which imposes…
