US oil service firms set for hit from Trump tariffs, tumbling oil prices
U.S. oilfield service firms are bracing for a hit as President Donald Trump’s tariffs throw supply chains into disarray and tumbling oil prices set the stage for
Goldman Sachs lowers 2026 oil price forecasts again
Goldman Sachs revised down its annual average price forecasts again for Brent and WTI crude in 2026, citing increased recession risks and the possibility of
EU challenges Italy’s use of ‘golden power’ rules for banking sector deals
The European Commission is challenging Italy for its use of “golden powers” legislation to screen bank acquisitions, a spokesperson said on Friday, a move that
Santander boss Botin warns of impact from US tariffs but says bank’s diversification will help
Spain’s Santander Executive Chair Ana Botin warned about the uncertainty caused by U.S. trade tariffs on Friday as markets fret about a rapid economic downturn, but said the
European bank shares extend losses on fear of tariff-induced recession
Shares in German lenders continued their losses for a third day as U.S. President Donald Trump’s sweeping tariffs ignited fears of an all-out trade war and a
Strengthening central bank financial resilience in a changing world
Aggressive rate hikes over the last few years aimed at containing inflation have led to significant valuation losses across many of the largest central banks.
Deep integration and trade: UK firms in the wake of Brexit
How does dismantling deep integration affect international trade? This column uses firm-level customs data to study the impact of Brexit on UK goods trade. The
What comes next for global supply chains might be complicated
The US-China trade war has led to growth in economic activity in some ‘winner’ countries, which have gained from relocated US-bound production and also increased
Artificial intelligence and asset pricing: The power of transformers
The fusion of artificial intelligence and finance is revolutionising asset pricing. This column explores how AI-driven asset pricing models, particularly those incorporating transformers, leverage cross-asset
Criminal charges and political selection: Evidence on electoral outcomes and policy failures from Brazil
The quality of political leadership is a central determinant of state capacity. This column studies the prevalence and impact of candidates with criminal backgrounds holding
