Dealmakers are not waiting for Donald Trump’s policies of tax cuts and relaxed regulation to come into effect.
Category: 8 April 2025
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CAR MARKET UPSET: BYD SETS SALES RECORD, TESLA SLUMPS
BYD, China’s premiere maker of hybrid and electric vehicles (EVs), saw its sales rocket up 58 percent in this year’s first quarter, the company said. Sales of pure EVs rose 39 percent.
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OPEC+ WILL BOOST OUTPUT IN MAY AS OIL PRICES TANK
Meeting on 4 April, two days after Donald Trump announced his tariff war, ministers from eight member countries of the Organization of Petroleum Exporting Countries and their allies (OPEC+) agreed to increase oil production by 411,000 barrels a day beginning next month.
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GAZA DEATH TOLL
The death toll inside the enclave has hit 50,752 with thousands missing under the rubble.
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ISRAEL RAMPS UP WAR AGAINST SYRIA AND LEBANON AS NETANYAHU VISITS WHITE HOUSE
Israeli Prime Minister Benjamin Netanyahu was in Washington on Monday to meet with President Donald Trump to discuss issues in the Middle East as his military continued to extend its reach in Lebanon and Syria.
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WALL STREET BARONS LOSE HOPES FOR TRUMP’S PROMISED “GOLDEN AGE”
Private equity firms are deferring, if not giving up, the new golden age of major dealmaking and swelling profits they expected when Donald Trump campaigned on promises of lower taxes and a softer regulatory touch.
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SERVICE SECTOR ACTIVITY IN MARCH SLOWEST IN NINE MONTHS
In March, business activity in the U.S. services sector was its slowest since June 2024, according to the Institute for Supply Management’s Purchasing Managers Index.
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U.S. ECONOMY ADDS MORE LOW PAYING JOBS IN MARCH
Last month, U.S. employers took on 228,000 more workers, surpassing February’s 151,000 and beating the 135,000 that economists had forecast in a Reuters poll.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The U.S. added 228,000 jobs in March, while the unemployment rate rose from 4.1 percent to 4.2 percent, according to the Labor Department’s job report for March.
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