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(Sharecast News) - The US treasury secretary attempted to soothe Wall Street on Monday as President Trump rattled markets with a plan to impose 100 per cent tariffs on foreign-made films and a prominent investor said the US brand had been damaged. "It has never been a better time to invest in America," Scott Bessent told finance leaders gathered at the annual Milken Institute global conference in Beverly Hills, Los Angeles. - The Times
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21:50 Monday 05 May 2025
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(Sharecast News) - Shell is studying a possible bid for rival BP to take advantage of its botched net zero strategy. According to Bloomberg, the oil major is looking at just how feasible and beneficial an acquisition might be. BP has however recently dropped its previous strategy, under pressure from activist investor Elliott Management. Shell has a market value that nearly triples that of BP. - The Sunday Telegraph
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(Sharecast News) - European stocks surged ahead on Friday after China indicated it wanted to start trade talks with the US over tariffs.
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(Sharecast News) - FTSE 250 (MCX) 20,184.04 0.24%
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(Sharecast News) - Stocks are moving higher after Beijing opened the door to trade talks with Washington and Brussels offered to increase its purchases of US goods.
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