Adidas to raise prices as US tariffs cost €200m

The German sportswear giant sources most of its products from Vietnam and Indonesia.

Industry 2025-07-30 08:37

Adidas slumps 6% as sportswear giant warns tariffs to drive up U.S. prices

The world’s second-largest sports retailer said that added costs associated with tariffs could total 200 million euros ($231 million) in the second half…

Industry 2025-07-30 08:13

Adidas slumps 9% as sportswear giant warns tariffs to drive up U.S. prices

The world’s second-largest sports retailer said that added costs associated with tariffs could total 200 million euros ($231 million) in the second half…

Industry 2025-07-30 08:13

Adidas slumps 7% as sportswear giant warns tariffs to drive up U.S. prices

The world’s second-largest sports retailer said that added costs associated with tariffs could total 200 million euros ($231 million) in the second half…

Industry 2025-07-30 08:13

Chemical giant BASF says indirect effects' of tariffs are squeezing demand and profits

Join CNBC for the latest news on what’s moving European markets.

Industry 2025-07-30 06:29

Porsche shares rise 3% as CEO says ongoing challenges are not a storm that will pass'

Join CNBC for the latest news on what’s moving European markets.

Industry 2025-07-30 06:29

UBS posts net profit beat as market volatility boosts trading

Group invested assets soared on the back of increases in the lender’s global wealth management and corporate units.

Industry 2025-07-30 05:56

HSBC announces $3 billion share buyback after second-quarter profit misses estimates

CEO Georges Elhedery flagged “structural challenges” to the global economy that have caused uncertainty and market volatility, citing…

Industry 2025-07-30 05:10

HSBC announces $3 billion share buyback after second-quarter profit plunges 29%, missing expectations

It reported profit before tax for the three months ended in June of $6.3 billion, down 29% from a year ago.

Industry 2025-07-30 05:10

South Korea's LG Energy Solution signs $4.3 billion battery supply deal with undisclosed party

LG Energy Solution has announced a $4.3 billion contract to supply lithium iron phosphate batteries to an undisclosed customer.

Industry 2025-07-30 03:51

The Fed is unlikely to cut rates Wednesday, but this meeting is packed with intrigue

Considering nothing is likely to happen when it comes to major policy decisions, the meeting promises several fascinating subplots.

Industry 2025-07-30 03:00

Australia's second-quarter inflation drops to lowest since March 2021, supporting case for rate cut

This was lower than the 2.2% expected by economists polled by Reuters, and is almost touching the lower band of the 2%-3% target set by the RBA

Industry 2025-07-30 02:35

Singapore warns of slowdown in second half of the year as it keeps monetary policy steady

This comes after DPM Gan Kim Yong said the U.S. was “non-committal” on whether the level of tariffs will remain at 10% for Singapore imports into…

Industry 2025-07-30 01:14

Singapore holds monetary policy, flags slowdown in second half of the year

This comes after DPM Gan Kim Yong said the U.S. was “non-committal” on whether the level of tariffs will remain at 10% for Singapore imports into…

Industry 2025-07-30 01:14

Asia markets set to fall as U.S. trade talks with China hang in the balance

Asia-Pacific markets are expected to fall as U.S. Commerce Secretary Howard Lutnick affirmed that President Donald Trump’s upcoming Friday deadline to…

Industry 2025-07-30 00:40

Stock futures are little changed as investors analyze earnings, await Fed rate decision: Live updates

The S&P 500 snapped a win streak on Tuesday.

Industry 2025-07-29 23:02

Starbucks same-store sales fall again, but CEO Niccol says turnaround is ahead of schedule

Shares of Starbucks have risen roughly 1% this year. The company has a market cap of more than $106 billion.

Industry 2025-07-29 20:30

Exposing FreshForex: Entices Traders with Beneficial Schemes But Scams Them Afterward

FreshForex adds to the list of fraudulent forex brokers who look nice and clean at first glance. But as you move along with it, all you witness is SCAM! Read this exposure story to know what explains our criticism of the broker.

Exposure 2025-07-29 20:18

7 Common Mistakes Made by Indian Forex Traders

Forex trading has become very popular among Indian traders in recent years. Every month, thousands of new traders join this market. But sadly, majority of them lose their hard-earned money because of their common mistakes. Which are these mistakes? Read below.

News 2025-07-29 19:59

What Does PrimeXBT's Offshore Regulatory Status Really Mean?

Understanding PrimeXBT's offshore regulatory status, its implications, and what it means for traders looking for transparency and reliability in their investments.

News 2025-07-29 19:40