Plans for several new mergers and acquisitions have been paused since Donald Trump’s 2 April “Liberation Day” tariff announcement, the Financial Times reported.
Category: 10 June 2025
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SPECIAL REPORT: TRUMP’S TARIFFS, THE UPS AND DOWNS, FOR BETTER AND FOR WORSE
The Organization for Economic Cooperation and Development (OECD) has cut its forecast for U.S. economic growth by 25 percent this year, dropping it from 2.2 percent to 1.6 percent, warning that the biggest loser in Donald Trump’s trade war will be the U.S. itself.
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TOP TREND 2023, OFFICE BUILDING BUST: OFFICE REAL ESTATE MARKET REACHES TIPPING POINT
This year, the square footage of U.S. office building demolitions and conversions to other uses will exceed that of new office construction for the first time this century and probably longer, data service CBRE reported.
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CLEAN ENERGY FUNDING WILL DOUBLE THE AMOUNT FOR FOSSIL FUELS, IEA SAYS
This year, investments in clean energy infrastructure and technology will be twice the size of those for the coal, oil, and gas industries, the International Energy Agency (IEA) said in a new report on the sector.
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AS INFLATION EASES, INDIA SURPRISE WITH A HALF-POINT RATE CUT
In April, inflation in India ran at an annual rate of 3.2 percent, the slowest in almost six years, as food prices rose at a slower pace.
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GERMAN GOVERNMENT PROPOSES €46 BILLION IN BUSINESS TAX BREAKS
Still struggling to jump-start Germany’s torpid economy, the government of chancellor Friedrich Merz has proposed €46 billion in corporate tax cuts, including for the purchase of new equipment and electric vehicles.
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GERMANY: JA TO ELECTRIC CARS, NEIN TO TESLA
In May, sales of battery-powered cars in Germany jumped 45 percent year on year, but new Tesla registrations were a third lower, according to data from the country’s Federal Motor Transport Authority.
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ECB IS ENDING ITS CYCLE OF INTEREST RATE CUTS
The European Central Bank (ECB) cut its key interest rate by another quarter point last week, dropping it to a flat 2 percent to buffer the Eurozone’s economy against the potential impacts of Donald Trump’s trade war.
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ASIA’S FACTORY PRODUCTION DECLINED IN MAY
The ongoing trade war sharply cut the number of new orders flowing to factories in South Korea, Taiwan, and Vietnam last month, according to S&P Global data.
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GENETICALLY MODIFIED CROPS LED TO JUMP IN FARMERS’ DEPENDENCE ON PESTICIDES, STUDY SAYS
The increase in genetically modified crops has led to a jump in the use of pesticides, according to a study published in April.