financial downturn News

Thyssenkrupp Shares Plunge 8% Following Grim Sales Forecast Amid Trump Tariffs Impact

Thyssenkrupp AG's shares dropped over 8% after downgrading its fiscal outlook due to weak demand and Trump's tariffs, with a net loss deepening to €278 million and sales declining ...

BP Faces a Steep 69% Drop in Q1 Profits Amid Market Challenges

BP plc reports a 69% drop in Q1 2025 profits to $687 million, citing lower operating cash flow and weak gas marketing. Despite challenges, the company increases dividends and highl...

Asia-Pacific Markets Plunge as US-China Trade War Escalates: A Deep Dive into the Financial Fallout

Asia-Pacific markets faced steep losses as the US-China trade war intensifies, with China imposing a 34% tariff on US goods. Key indices like South Korea's Kospi, Hong Kong's Hang ...