Thailand’s export growth slows as U.S. tariffs bite

Switzerland's economy is projected to experience significantly slower growth in 2026, primarily due to the substantial tariffs imposed by the United States, as reported by Zurich's KOF research institute. This slowdown is concerning as it highlights the potential impact of international trade policies on local economies, making it crucial for Swiss businesses and policymakers to adapt to these changes.

Oil prices have seen a slight increase as lower US crude stockpiles provide a supportive floor for the market. This development is significant as it suggests a tightening supply, which could lead to higher prices in the future. Investors are closely monitoring these trends, as they can impact the broader economy and fuel costs for consumers.

Nigeria's central bank has made a significant move by cutting interest rates for the first time in five years, a decision that could stimulate economic growth and boost financial markets. This change is particularly important as it reflects the bank's response to ongoing economic challenges and aims to encourage borrowing and investment. By lowering rates, the central bank hopes to create a more favorable environment for businesses and consumers alike, potentially leading to increased spending and economic activity.

German business confidence has taken an unexpected dip, marking the first decline since April. This downturn raises concerns about the effectiveness of Chancellor Friedrich Merz's strategies aimed at revitalizing growth in Germany, which is the largest economy in Europe. The situation underscores the challenges ahead for policymakers as they navigate a fragile economic landscape.

Hungary has made it clear that it will continue purchasing Russian oil despite pressure from US President Donald Trump to halt these transactions. Foreign Minister Peter Szijjarto emphasized that the country's landlocked geography presents significant challenges in sourcing oil from alternative suppliers. This decision is crucial as it highlights Hungary's reliance on Russian energy and raises questions about the broader implications for European energy security and geopolitical alliances.

Anna Breman, the new governor of New Zealand's central bank, is set to take charge with a strong commitment to controlling inflation. This focus is crucial as the country grapples with economic challenges and aims to foster growth. Breman's approach could significantly influence monetary policy and the overall economic landscape in New Zealand.

India's Commerce Minister Piyush Goyal has expressed the country's desire to boost its imports of oil and gas from the United States. This move comes as trade talks between the two nations resume, with India also seeking to negotiate lower tariffs on its exports. Strengthening energy ties with the US could enhance India's energy security and foster a more robust trade relationship, making this a significant development for both countries.

Iranian diplomats visiting the U.S. have been barred from shopping at Costco, highlighting ongoing tensions between the two nations. This restriction not only affects the diplomats' ability to access goods but also symbolizes the broader diplomatic rift. Such measures can impact international relations and the perception of the U.S. as a host country, raising questions about the balance between security and hospitality.

Disney has announced a price increase for its streaming plans in the U.S., which has sparked concerns among subscribers. This change could impact viewer retention and satisfaction, as many are already feeling the pinch of rising costs in entertainment. It's a significant move for Disney as it navigates a competitive streaming landscape, and it raises questions about the future of subscription-based services.

China has announced that it will no longer pursue special treatment for developing countries at the World Trade Organization (WTO), a move that could help reduce tensions with the U.S. Premier Li Qiang emphasized this decision as a reflection of China's role as a responsible major developing nation, while still maintaining its status as a developing country. This shift is significant as it may lead to a more cooperative trade environment and could influence future negotiations between China and the U.S.

The US is on track to finalize trade deals with several Southeast Asian nations in the coming weeks, as announced by US Trade Representative Jamieson Greer. This development is significant as it highlights the US's commitment to strengthening economic ties in the region, which could lead to increased trade opportunities and collaboration.

China has announced it will no longer claim benefits as a developing economy under World Trade Organization (WTO) rules, a decision that follows persistent objections from the United States. This shift is significant as it reflects China's evolving role in global trade and may impact future negotiations and trade dynamics within the WTO.

Facing a rejected business loan application can be disheartening, but it's important to remember that this setback doesn't have to define your entrepreneurial journey. Understanding the reasons behind the rejection can help you improve your chances in the future. This article provides practical steps to take after a rejection, such as reviewing your credit score, improving your business plan, and exploring alternative funding options. Knowing how to navigate this situation is crucial for small business owners looking to secure the necessary funds to grow and succeed.

Evercore ISI has lowered its price target for Accenture's stock to $300, citing various cross-currents affecting the company's performance. This adjustment reflects concerns about market conditions and potential challenges ahead for Accenture, which could impact investor confidence and stock performance. Understanding these shifts is crucial for stakeholders as they navigate the evolving landscape.

Alibaba has unveiled ambitious plans to invest in new data centers and has also revealed a powerful AI model. This move is significant as it highlights Alibaba's commitment to enhancing its technological infrastructure and staying competitive in the rapidly evolving tech landscape. The investment in data centers will not only boost the company's capabilities but also support its growing AI initiatives, which are crucial for future innovations.

Eli Lilly has labeled the UK as the 'worst country in Europe' for drug prices, highlighting ongoing concerns about the affordability of medications in the region. This statement comes amid a backdrop of rising gold prices, which are nearing record highs. John Roberts, CEO of AO World, also expressed the challenges retailers face, particularly in light of the UK's new employment rights bill. This situation is significant as it underscores the broader economic pressures affecting both healthcare and retail sectors in the UK.

Goldman Sachs has reaffirmed its Buy rating for Zalando, signaling confidence in the company's growth potential. This endorsement is significant as it reflects the investment bank's belief in Zalando's ability to navigate the competitive online retail landscape successfully. Investors often look to such ratings as indicators of future performance, making this news particularly relevant for those interested in the stock market.

Donald Trump has labeled climate change as 'the greatest con job ever,' a statement that contrasts sharply with the views of many CEOs who acknowledge the scientific consensus on the issue. This divergence highlights a significant divide in public opinion and corporate responsibility regarding environmental challenges. As climate change continues to impact global economies and ecosystems, the stance of influential leaders like Trump could shape policy and public perception, making it crucial for businesses to align with scientific understanding.