HSBC and Standard Chartered shares sink as ‘outsized’ Asian tariffs bite April 7, 2025 Shares in banking giants HSBC and Standard Chartered have taken a significant hit as the global trade war ramps up. HSBC was down nearly three per cent in early trading on Monday. The lender’s losses in the last five days have now topped 15 per cent. Meanwhile, Standard Chartered plunged nearly four per cent, with [...]
Jaguar Land Rover: Donald Trump’s tariffs threaten US growth April 7, 2025 The scale of the impact of Donald Trump’s tariffs facing Jaguar Land Rover has been revealed as the luxury car maker outlined how many vehicles it exported to the US in the first three months of 2025. The Coventry-headquartered automotive giant saw wholesale volumes in its fourth quarter rise by 14.4 per cent in North [...]
Apple takes the hit as tariff shocks wipe $1 trillion off big tech April 4, 2025 Apple led a dramatic selloff in tech stocks on Thursday after president Donald Trump’s sweeping new tariffs sparked panic across Wall Street, sending the Nasdaq to its worst day in years and wiping $1 tillion off the so-called Magnificent Seven. Apple shares plunged 8.3 per cent – their steepest single day drop since the pandemic-era [...]