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Deutsche Bank’s Binky Chadha is bullish again, confident that the Trump administration will continue to back down on tariffs. “Our base case was for a significant rally in equities on a credible relent on trade policies,” the chief U.S. equity and global strategist wrote Tuesday. “In the event, the administration relented earlier than we had anticipated, driven primarily by market reaction, and before the emergence of any legal barriers or economic or political pain.” “This reinforces the view that if negative impacts of tariffs do materialize, we will get further relents,” Chadha added. Chadha raised his year-end S & P…

Chelsea are in talks to sign AC Milan goalkeeper Mike Maignan.The France international’s contract at the San Siro expires next summer and he is yet to commit to an extension, which has alerted Chelsea to the possibility of securing a deal. There is a good chance a move to west London happens.The 29-year-old’s potential arrival at Stamford Bridge mean yet another shake-up to the goalkeeper department.Chelsea already have five goalkeepers on their books – Robert Sanchez, Filip Jorgensen, Djordje Petrovic, Mike Penders and Kepa Arrizabalaga – but Maignan’s potential arrival would see him challenge for the No 1 jersey with…

Chelsea are in talks to sign AC Milan goalkeeper Mike Maignan.The France international’s contract at the San Siro expires next summer and he is yet to commit to an extension, which has alerted Chelsea to the possibility of securing a deal. There is a good chance a move to west London happens.The 29-year-old’s potential arrival at Stamford Bridge mean yet another shake-up to the goalkeeper department.Chelsea already have five goalkeepers on their books – Robert Sanchez, Filip Jorgensen, Djordje Petrovic, Mike Penders and Kepa Arrizabalaga – but Maignan’s potential arrival would see him challenge for the No 1 jersey with…

New grads are entering the workplace this summer, and they have mixed feelings about how prepared they are.Two in three recent college grads say they feel “fully ready” to communicate with their colleagues through email or instant messaging at work, while 59% feel good about making conversation in person, according to the latest Handshake report on the class of 2025.But one area they’re less ready for: participating effectively in meetings, where just 35% of 2025 grads say they feel confidently prepared.Figuring out how to show up well in in-person meetings, especially as a new hire and even more so as…

REUTERS  —  An attack on a United Nations food convoy in Sudan overnight killed five people and prevented food deliveries to children and families who face starvation in North Darfur’s al-Fashir, UN agencies said on Tuesday. “Five members of the convoy were killed and several more people were injured. Multiple trucks were burned, and critical humanitarian supplies were damaged,” the UN children’s agency and the World Food Programme said in a joint statement. They did not say who was responsible and called for an urgent investigation into the attack, which they said was a violation of international humanitarian law. Without…

London CNN  —  President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development. In a report Tuesday, the group of 38 mostly wealthy nations sharply downgraded its 2025 economic growth forecast for America to 1.6% from the 2.2% projected in March and said growth would be even weaker next year. The report underscores the uncertainty and chaos around Trump’s tariffs, as well as their potential to cause lasting harm across the world. The Paris-based organization cited higher…

DETROIT — Ford Motor on Tuesday reported a 16.3% year-over-year U.S. sales increase for May, as the automaker continues an employee pricing program amid rising tariff costs and vehicle price increases.Sales for the Detroit automaker were led by a 17.2% increase in purchases of its vehicles with traditional internal combustion engines, as well as a roughly 29% jump in hybrid models. Those gains offset a 25% drop in sales of all-electric vehicles — notably its electric F-150 — compared with May 2024.May marked the third consecutive year-over-over, double-digit sales increase for the automaker, led the past two months by its…

Lebanese Prime Minister Nawaf Salam assumed office this January with a lot of fanfare. The former leading judge at the International Court of Justice was lauded for presiding over the court’s ruling that Israel was plausibly committing genocide in Gaza. As prime minister, he pledged to “rescue, reform and rebuild” Lebanon.  But after more than four months in office, Salam has failed to deliver on domestic reforms, while increasingly advocating for a US-friendly agenda in line with Israel’s interests.  In a series of highly publicised speeches and high-profile media interviews, Salam has repeated worn-out cliches about resuscitating Lebanon’s economy, while…

Starting a company straight out of college, with no prior business experience, isn’t always easy.To support himself and his flavored-water business Cirkul, Garrett Waggoner played professional football in Canada and worked as a car valet in the offseason, he says. His co-founder Andy Gay worked in the women’s shoe section of a department store, Waggoner adds.Together, they sought advice from anyone and everyone. Today, Waggoner’s top tip for young entrepreneurs has a hint of irony to it: Don’t listen to everything you’re told, the 34-year-old CEO says.”Every time you get advice from somebody who has grown a business, make sure…

An Alaska Airlines Boeing 737 airplane departs Los Angeles International Airport en route to Washington, D.C., in Los Angeles, March 30, 2025.Kevin Carter | Getty Images News | Getty ImagesAlaska Airlines plans to start its first flights to Europe next year with nonstop service to Rome from Seattle.The Seattle-based carrier’s new route is enabled by its acquisition of Hawaiian Airlines — and its fleet of long-haul jets — last year.Flights are set to begin in May and will go on sale in the fall, Alaska said Tuesday. The four-times-a-week service will use Boeing 787-9 Dreamliner jets, which are in the…