Just coming across the wire. Annmarie, what do we know so far. So basically, I think it's a first step in the contours of a deal.I think what's really important here and to stress is that this is amongst conversations right now between the United States and Russia. And we don't have any indication just yet if Zelensky would sign off on this. But what this would mean is Crimea, which most people have assumed that that would stay within Russian territory annexed in 2014.Putin is demanding also that Ukraine ce ...

The idea is that a lot of traders here in the US thought that these tariffs on Swiss goods wouldn't be applied to gold because you need to trade uh 400 ounce bars for central banks, 100 ounce bars for uh the comx and kilo bars in Asia. Um apparently there are going to be tariffs on those uh gold bars. >> Exactly.That's what they thought. um they had plans uh and then they got a letter. I have the letter here.So basically maybe just one step back, Switzerland has a big trading surplus with the United States. ...

With over 80% of the S&P 500 market cap announcing second quarter earnings, there's one word that CEOs and analysts can't stop talking about. Tariffs. According to the latest Bloomberg analysis of earnings calls from Russell 3000 companies, tariffs were mentioned nearly 4500 times.That's a massive surge from last year when none were being added. Associated with that, materials cost talked about 30% more frequently. And guess what's taken a backseat.mentions of inflation sinking nearly 30% and diversity arou ...

President Donald Trump has double leveies on India to 50% to punish it for buying Russian oil. But unlike India, China, the biggest purchaser of energy from Russia, has been able to escape harsh secondary sanctions so far. It all comes down to the leverage China has and India does it.For one, Beijing dominates production of rare earth magnets which are used in everything from EVs to missiles. The threat of China slowing the pace of exports of critical minerals to a trickle like it did early in the year may ...

going back through the Red Sea and through the Suez Canal is not something that is going to happen during this year. Uh whereas in May and June uh the situation looked like maybe it was slowly normalizing. The fact that a couple of ships have been sunk by the Houthis uh very recently is certainly pushing or stressing the the lack of security that there still is in doing this and the lack of visibility that there is on how long this security could uh be provided when it when it now comes uh when it comes bac ...

Um, Governor, given the closeness of UK and and US markets, how worried are you about the constant attack from President Trump on Jay Powell, but also the firing of uh the jobs number person. >> Francina, I obviously don't comment on uh events in the US uh and and the policies of the US administration because that is really for for the US. I I've said in interviews I've given actually in the US uh as you know J.Pal is a friend of mine. Obviously, we are very close. We work very closely together.And I'll say ...

There may be a new obesity drug inarmacies, one that doesn't involve needles or shots. A new latestage clinical study showed Eli Liy's experimental pill cut weight by 11% in patients. But investors aren't cheering.In fact, shares fell on the news. Why. Wall Street was expecting the drug called Orphon to perform better and more in line with its injectable counterparts.For example, Novo Nordisk's blockbuster weight loss shot, WGOI, helped patients shed up to 15% of their body weight in trials. Lily's own shot ...

Tariffs remain high up the agenda in the Trump administration following the Swiss president's failure to reduce tariffs on her country after a visit to Washington earlier this week. The Financial Times is reporting that the US has imposed tariffs on imports of one kilo gold bars, dealing a further blow to Switzerland, which is the biggest player in gold refining. For more, I'm joined by Bloomberg's Brendan Murray, who tracks global trade for the US.And Brendan, we have a fantastic question from a viewer on ...

With over 80% of the S&P 500 market cap announcing second quarter earnings. There's one word that CEOs and analysts can't stop talking about. Tariffs.According to the latest Bloomberg analysis of earnings calls from Russell, 3000 companies tiers were mentioned nearly 4500 times. That's a massive surge from last year when none were being added Associated with that material's costs talked about 30% more frequently. And guess what's taking a backseat.Mentions of inflation thinking nearly 30% and diversity arou ...

We need to sort of explain how we got from bone crushing sanctions on Russia today to an in-person meeting for the first time between Donald Trump and Putin of this administration and basically how we got to there so we can get through the what, when, where and why of this whole situation. The why is potentially in large part because of that threat of sanctions that has pushed Putin to the negotiating table in terms of when it will take place. All we know from the Trump administration, from the Kremlin, it ...