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Day: July 30, 2025

​The EU has validated Trump’s bullying trade agenda 

The US president’s deals are not a win-win for the global economy 

​ECB warns US-China trade clash could drag Eurozone inflation lower 

Rerouting of goods to currency area could result in up to 10% rise in cheap Chinese imports in 2026, say economists 

​German economy shrinks 0.1% in second quarter amid tariff uncertainty 

April-June estimate compares with 0.3% growth in first three months of 2025 

​UBS profit jumps more than expected to $2.4bn 

Swiss bank’s second-quarter earnings more than double on wealth management and trading revenues in volatile market 

​HSBC profits hit by $2.1bn charge on Chinese bank stake 

Quarterly earnings fall 29% as stake in Bank of Communications is diluted 

​Robey Warshaw’s greatest dealmaking coup: selling itself for $200mn 

Evercore is paying twice, in effect, in part of its effort to conquer European M&A  

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