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Stocks of Japan automakers soars after U.S. lowers auto tariffs

Recently imported brand new unregistered Honda cars are parked in a storage yard at the Port of Bristol on January 15, 2025 near Bristol, England. Anna Barclay | Getty Images Shares of Japanese automakers surged after U.S. auto tariffs were reportedly lowered to 15% from the current 25%, according to public broadcaster NHK, citing a … Read more

EU lowers price cap for Russian crude under new sanctions package

Aerial view of a ship at sea. Suriyapong Thongsawang | Moment | Getty Images The European Union has reached an agreement on a new sanctions package against Russia, which includes a lower price cap for Moscow’s crude oil barrels. Within a year of Russia’s 2022 invasion of Ukraine, the G7 and EU restricted the price … Read more

Renault shares fall after French carmaker lowers 2025 guidance

A Renault Espace E-Tech full Hybrid (L) and a Megane E-Tech 100% Electric EV (C) are displayed during the Geneva Motor Show 2024 at Palexpo on Feb. 26, 2024 in Geneva, Switzerland.  John Keeble | Getty Images News | Getty Images Shares of French carmaker Renault plunged as much as 17% on Wednesday after the … Read more

UK household energy bills to fall after Ofgem lowers price cap 7%

Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. Britain’s household energy bills are set to fall in the summer after regulator Ofgem lowered the price cap by 7 per cent, in a boost to Sir Keir Starmer’s government as it tries to tackle … Read more

JPMorgan lowers its recession odds as Trump strikes a temporary deal to drop tariffs on China

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive … Read more

Trump push to produce more oil lowers prices: Energy Secretary Wright

Energy Secretary Chris Wright said Thursday that the oil market is discounting President Donald Trump’s push to produce more crude and gas in the United States. “We’ve seen a market discounting the fact that clearly it’s going to be easier to produce oil and gas in the United States,” Wright told CNBC’s “Squawk Box.” “More … Read more

EA lowers Q3 guidance as soccer and other games ‘underperformed’

Visitors play the ‘EA Sports FC 25’ game in front of a placard with England’s midfielder Jude Bellingham at the Electronic Arts booth during the media day at the Gamescom video games trade fair in Cologne, western Germany on Aug. 21, 2024.  Ina Fassbender | AFP | Getty Images Electronic Arts slashed its full-year bookings … Read more

Moderna lowers 2025 sales forecast by $1 billion

The Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024.  Adam Glanzman | Bloomberg | Getty Images Moderna on Monday lowered its 2025 sales guidance by roughly $1 billion due to a few potential headwinds later this year, as the biotech company continues to cut costs and expand its portfolio. Moderna now … Read more

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