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  • Mar 27, 2025

UK Pension Reforms to Protect Gilt Market, Insight Boss Says

(Bloomberg) -- The UK’s planned pension reforms are likely to shield the gilt market from an expected rise in government bond issuance, according to Abdallah Nauphal, chief executive officer of Insight Investment.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrop

  • Mar 26, 2025

Auto stocks slide as US tariffs send 'fatal signal' for trade

(Reuters) -Shares of global automakers took a dive on Thursday after President Donald Trump put a wall of tariffs around the U.S. automotive sector, exacerbating worries over the impact on global trade and potential hits to industry profits. Trump on Wednesday followed through on weeks of threats for new tariffs on imported cars, saying a 25% import tax on vehicles not built in the U.S. would begin on April 3. Although the duties have been well flagged, shares in automakers across the globe tumbled on Thursday, with U.S. auto giant General Motors sliding 7% in premarket trading and Ford Motor shedding about 4%.

  • Mar 26, 2025

Australia’s $1 Trillion Market Draws UK Fund Manager Coller

(Bloomberg) -- Coller Capital Ltd., a UK fund manager specializing in private market secondaries, is expanding in Australia with the launch of several funds targeting wealthy locals. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesThe firm, whic

  • Mar 26, 2025

US Files Lawsuit for $47 Million From the Sale of Iranian Oil

(Bloomberg) -- The US has filed a civil forfeiture complaint for $47 million in proceeds from the sale last year of around 1 million barrels of oil allegedly from Iran, which was stored in Croatia.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship Strikes

  • Mar 26, 2025

Investors react as Trump auto tariffs rattle markets

U.S. President Donald Trump said late on Wednesday the United States will effectively charge a 25% tariff on all cars not made in the country and that the new duties on cars and light trucks imported into the United States will be permanent. This exacerbates already weak European consumer sentiment for high-ticket cars.

  • Mar 26, 2025

Oil approaches one-month highs as investors assess supply, trade war risks

NEW YORK (Reuters) -Oil prices edged higher on Thursday and hovered near one-month highs on concerns about global supply, but new U.S. tariffs and their expected effect on the world's economy limited gains. Brent crude futures rose 9 cents, or 0.1%, to $73.88 a barrel by 11 a.m. EDT (1500 GMT). On Wednesday, oil prices rose about 1% to their highest since February.

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