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