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Pharma giants push for tariff clarity as ambiguity threatens EU-U.S. deal
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 15% tariffs on EU goods imported to the U.S.
Russian Oil Discount Lowest Since Start of War Despite EU Push
Russia’s flagship Urals crude is trading at its narrowest discount relative to benchmark prices since the Kremlin started its war against Ukraine in 2022, suggesting that fresh European sanctions have so far failed to make an impact.
How the US-EU trade deal wards off more escalation but will raise prices and slow growth
U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal. It raises tariffs on most European goods to 15%.
EU Proposes Curbs on Israel Research Funding Over Gaza Crisis
The U.N.'s World Food Programme has said that almost 470,000 people in Gaza are enduring famine-like conditions, with 90,000 women and children in need of specialist nutrition treatments. The Israeli government has rejected international criticism of its policies in the enclave.
Rating firms say US tariffs alone will not trigger EU sovereign downgrades
The sharp increase in U.S. trade tariffs on the European Union will not trigger immediate sovereign rating cuts, but could compound existing pressures, Fitch and other agencies said on Tuesday, while Moody's warned of the effect on exporting firms.
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The US ‘exercised its power in a pretty brutal way’ in EU trade deal, says NYT correspondent
Steven Erlanger, chief diplomatic correspondent for The New York Times, speaks to Bianna Golodryga about the new trade deal announced between the European Union and the United States that will see the bloc pay a 15% tariff on most of its trade,
EU-US Trade Deal Could Add up to $19 Billion in Pharma Industry Costs, Analysts Say
(Reuters) -The European Union's trade deal with the United States could cost the pharmaceutical industry between $13 billion and $19 billion as branded medicines become subject to a tariff of 15%, analysts said on Monday.
Italy to tell EU terms for UniCredit's BPM bid remain despite deal collapse
Italy will tell the European Union the terms it imposed on UniCredit's bid for Banco BPM remain in place even after the collapse of the deal, sources said, responding to criticism from Brussels that could ultimately lead to disciplinary steps.
Sanfic Industria’s New Queer Incubator Includes Financial Grant from Netflix, EU-LAC Foundation Backing (EXCLUSIVE)
Chilean Sanfic Industria's new Queer Incubator section will have the unprecedented support of Netflix through its Creative Equity Fund.
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