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Economic News: Saturday, July 26, 2025 - CBRF Reduces Rate, Wall Street Hits New Highs
... separate trade deal with Japan, avoiding tariffs on Japanese cars. Now, European businesses hope for a similar compromise for the EU: uncertainty surrounding potential tariffs significantly reduces appetite for risk. Industrial and automotive giants in Europe ... ... supported NatWest stock and generally reinforced trust in the stability of the UK banking sector.
Eni S.p.A.
– Italian oil and gas giant reported a profit decline but exceeded analysts' expectations. Eni’s adjusted net income in Q2 amounted to €1.13 ...
Economic News August 3, 2025 — Fed Rate Cut, Apple and Meta Reports, Gold Price Increase
.... The main news was the agreement between Washington and Brussels that has prevented the introduction of new U.S. tariffs on EU goods from August 1. The looming threat of a large tariff war over European automotive industry has receded. Shares of major ... ... market has reacted positively to Meta's return to sustainable profit growth.
ExxonMobil and Chevron
– The American oil and gas giants experienced a decline in profits due to falling energy prices compared to last year, but they maintain a stable financial ...
Buyers Battle for Russian Oil in Europe
Discussing the growing competition for Russian oil in Europe. What implications might this have for the market and prices?
The EU has politically positioned itself against Russian energy resources, yet Hungary and Serbia continue to develop long-term plans ... ...," reflects Igor Yushkov.
The head of Hungary's Foreign Ministry assured that Budapest will never give up Russian oil and gas. Hungary, Serbia, and Slovakia hold on to Russian oil because it represents the most profitable option. "Firstly, the ...