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RPT-South Africa seeks new US trade deal after tariff hike, says presidency
JOHANNESBURG, April 3 (Reuters) - South Africa's presidency said on Thursday that the new U.S. tariffs underscore the need to negotiate a new bilateral trade deal with Washington to ensure long-term trade certainty.U.S. President Donald Trump unveiled global reciprocal tariffs on most goods impo...Reuters
Apr 3, 2025
Luxury, Swiss watchmaker shares take a hit from new U.S. tariffs
April 3 (Reuters) - Shares in European luxury companies dropped on Thursday after U.S. President Donald Trump announced new tariffs, including on goods from the European Union and Switzerland.The European Union was targeted with a 20% rate, while Switzerland with a 31% rate - both important markets ...Reuters
Apr 3, 2025
South African Markets - Factors to watch on April 3
JOHANNESBURG, April 3 (Reuters) - The following scheduled economic event, equity and currency market moves may affect South African markets on Thursday.ECONOMIC EVENTSFinance minister responds to questions in parliament on his budget speechSOUTH AFRICAN MARKETSThe South African rand dropped sharply ...Reuters
Apr 3, 2025
South Africa seeks new US trade deal after tariff hike, says presidency
JOHANNESBURG, April 3 (Reuters) - South Africa's presidency said on Thursday that the new U.S. tariffs underscore the need to negotiate a new bilateral trade deal with Washington to ensure long-term trade certainty.U.S. President Donald Trump unveiled global reciprocal tariffs on most goods impo...Reuters
Apr 3, 2025
German sportswear makers fall after US tariffs
** Shares in Adidas ADSGn.DE and Puma PUMG.DE fall 9-10% after U.S. tariff announcement** "Very bad news for the US fashion and sportswear industries, which import 98% and 99% of their products sold in the US, respectively, especially from China and Vietnam," Cedric Rossi at Bryan Garnier sa...Reuters
Apr 3, 2025
Jefferies upgrades UK's Alphawave IP Group on potential Qualcomm acquisition; shares fall
** Shares of British semiconductor company Alphawave IP Group AWE.L down 1.7% at 135.3p** Jefferies upgrades AWE to "Buy" from "Hold", citing a potential bid from Qualcomm QCOM.O as a key driver for the upgrade** Brokerage raises PT to 160p from 108p, representing a nearly 17% upside...Reuters
Apr 3, 2025
Sporting goods makers Adidas, Puma slump after Trump announces tariffs
April 3 (Reuters) - Shares in Adidas ADSGn.DE and Puma PUMG.DE dropped sharply on Thursday after U.S. President Donald Trump imposed a raft of new tariffs, including on key sourcing markets for the sporting goods companies. The European Union was targeted with a 20% rate, Vietnam with 46%, Cambodia ...Reuters
Apr 3, 2025
Japan's Nikkei slumps to 8-month low on Trump tariff shock
Banks hit by lower bond yields, speculation of rate-hike delaysStrengthening of safe-haven yen heaps pressure on exportersDrugmakers spared as pharmaceuticals escape latest leviesBy Kevin Buckland TOKYO, April 3 (Reuters) - Japan's Nikkei share average slumped to an eight-month low on Thursda...Reuters
Apr 3, 2025
Apple shares drop 7% in Frankfurt after Trump tariffs on China
April 3 (Reuters) - Apple AAPL.O shares fell 7% in Frankfurt after U.S. President Donald Trump announced sweeping tariffs on trading partners including China where the U.S. group has a big manufacturing base."If Apple cannot get exempted this time and assuming Apple gets hit by the accumulative ...Reuters
Apr 3, 2025
UK Stocks-Factors to watch on April 3
April 3 - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.94%.* TARIFFS: UK business minister Jonathan Reynolds said that tariffs announced by U.S. President Donald Trump was "a threat" to the country due to their impact on global trade.* AUTOM...Reuters
Apr 3, 2025
WRAPUP 19-Trump's tariffs stoke global trade war as China, EU hit back
Trump unveils 10% base tariff on importsDozens of countries hit with higher dutiesStock markets sink amid fears for global growth China, EU vow countermeasures By Andrea Shalal, Joe Cash and Philip Blenkinsop WASHINGTON/BEIJING/BRUSSELS, April 3 (Reuters) - President Donald Trump's move to sl...Reuters
Apr 3, 2025
LIVE MARKETS-Europe before the bell: heavy selloff coming
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comEUROPE BEFORE THE BELL: HEAVY SELLOFF COMING European stocks were set for a major selloff on Thursday after U.S. President Donald Trump...Reuters
Apr 3, 2025
Indian engineering service firms slip as US tariffs seen hurting automakers' tech spend
** Engineering, research and development (ER&D) firms, earning significant chunk of rev from tech projects executed for automakers, decline** Previously announced U.S. tariff of 25% on imported cars and light trucks comes into effect on Thursday; to raise costs for U.S. consumers, impact clients...Reuters
Apr 3, 2025
Autoliv Advances on Climate Targets with Renewable Energy Agreements
STOCKHOLM, April 3, 2025 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), Autoliv is entering two Virtual Power Purchase Agreements with the two renewable electricity producers, Alight and Eurowind Energy. They are important for ensuring a consistent and reasonably priced energy supply for ...PR Newswire
Apr 3, 2025
European stock futures fall over 2% after Trump's tariff announcement
MILAN, April 3 (Reuters) - European stock futures plunged on Thursday after U.S. President Donald Trump unveiled more tariffs on trading partners, intensifying a global trade war that threatens to stoke inflation and stall growth.EuroSTOXX50 and DAX futures both fell around 2.3% by 0658 GMT, while F...Reuters
Apr 3, 2025
Italy - Factors to watch on April 3
The following factors could affect Italian markets on Thursday.Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).For a complete list of diary events in Italy please click on IT/DIA.POLITICS, ECONOMY(*) U.S. President Donald Trump has a...Reuters
Apr 3, 2025
LIVE MARKETS-Seems investors really don't like tariffs
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comSEEMS INVESTORS REALLY DON'T LIKE TARIFFSA look at the day ahead in European and global markets from Wayne ColeThe jury is in, and ...Reuters
Apr 3, 2025
REFILE-INDIA STOCKS-Indian shares defy Asia slump on relatively lower US tariffs
By Bharath Rajeswaran and Vivek Kumar M April 3 (Reuters) - India's shares fell on Thursday after the U.S. imposed 26% reciprocal tariffs, but a surge in pharma companies on their exemption from the duties helped cushion the blow as did a relatively lower tariff rate compared to its Asian...Reuters
Apr 3, 2025
Traders seek refuge in Aussie consumer staples as US tariffs spark market fall
By Rajasik Mukherjee April 3 (Reuters) - Shares of Australia's consumer staple companies .AXSJ rose on Thursday, driven by grocers Coles COL.AX and Woolworths WOW.AX, as investors moved to safer bets after U.S. President Donald Trump's reciprocal tariffs sparked global market turmoil.Shar...Reuters
Apr 3, 2025
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