US businesses have urged the Trump administration to intervene over new EU consumer protection rules that they fear will leave them open to an avalanche of class action lawsuits, FT reports
US businesses are expressing significant concern over new EU consumer protection rules, suggesting a potential clash between US economic interests and EU regulatory frameworks.
Anthropic is raising tens of billions of dollars this summer to fund a vast expansion in computing capacity which could potentially value the Co. around USD 1tln, FT reports citing sources
The US and South Africa have started preliminary discussions over potential resources deals including bilateral investments in mining, energy and infrastructure, FT reports citing sources
US businesses have urged the Trump administration to intervene over new EU consumer protection rules that they fear will leave them open to an avalanche of class action lawsuits, FT reports
China Vanke (2202 HK) has told some bondholders that the coupon payment process has started, Bloomberg reports
Westpac now sees the RBA hiking rates in August and September (prev. June and August)
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If the Trump administration intervenes, it could lead to further tensions in US-EU relations, which may impact market sentiment across equities and forex, particularly for USD and EUR.
This situation could be particularly relevant for sectors exposed to European markets, as ongoing uncertainty may lead to defensive positioning.
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