timef 08/07/2025

Tariffs on dozens of key U.S. trading partners came into effect Thursday.

Russian business in the UAE has ballooned since Moscow's invasion of Ukraine in 2022, as its citizens fled sanctions and mandatory conscription.

The crypto market jumped Thursday on excitement that bitcoin and other digital assets could soon be coming to 401(k) retirement plans.

Duolingo shares skyrocketed after the language learning platform boosted its guidance due to strong user growth driven by artificial intelligence.

"They're buying Russian oil, they're fueling the war machine, and if they're going to do that, then… then I'm not going to be happy," the U.S. president said.

Intel shares were under pressure Thursday after President Donald Trump called for the chipmaker's CEO to resign immediately.

Shares of major chip stocks rose as investors bet these companies' U.S. investments may help mitigate President Trump's proposed 100% semiconductor tariffs.

The Bank of England cut interest rates from 4.25% to 4% on Thursday as the central bank resumes a "gradual and careful" approach to lowering interest rates.

Eli Lilly's pill, orforglipron, is one step closer to becoming the first new, needle-free alternative in the booming market for weight loss and diabetes drugs.

Washington may be mistaking India's complaisance for America's leverage.

The bemused mood among European chief executives came as U.S. President Donald Trump ushered in a new era of tariff complexity.

U.S. President Donald Trump has divulged more of his semiconductor tariff plans, but his latest threats create as many questions than answers. 

In the fiscal first quarter, SoftBank said the fair value of its Vision Funds rose $4.8 billion.

Spain's Deoleo, the world's largest olive oil producer, says the industry is gradually recovering from one of the most challenging moments in its history.

India's set to face a 50% tariff over its purchases of Russian oil. That's now among the highest duties on any of the U.S.' trading partners.

Many of the U.S.' trading partners now face higher tariffs on their exports to the country.

Danish shipping giant Maersk on Thursday posted stronger-than-expected second-quarter operating profit and raised its full-year guidance.

Toyota Motor reported higher-than-expected operating profit for the June-quarter, even as the auto company grapples with U.S. tariffs. 

Analysts warn that the higher U.S. tariffs risk substantially diminishing the allure of Indian exports to the U.S., compared to regional peers.

Exports climbed 7.2% in July in U.S. dollar terms from a year earlier, exceeding Reuters-polled economists' estimates of a 5.4% rise.

Asia chip stocks fell on Thursday after U.S. President Donald Trump announced he will impose a 100% tariff on imports of semiconductors and chips.

India's set to face a 50% tariff over its purchases of Russian oil. That's now among the highest duties on any of the U.S.' trading partners.

President Donald Trump said he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that are "building in the United States."

Apple on Wednesday announced it will spend an additional $100 billion on U.S. companies and suppliers over the next four years.

E.l.f. Beauty sources about 75% of its products from China and the cost of new tariffs is weighing on its bottom line.

The iPhone maker will raise its previous U.S. investment, made in February, from $500 billion to $600 billion over the next four years.

The goal is to create cacao plants that can better withstand disease, heat and other climate-related stresses that can put global chocolate supply at risk.