Daily Archives: 26 April، 2025

Wall Street rally falters as Trump sends mixed tariff signals

Muhamad Yehia.. Cairo The rebound in the US stock markets ran out of steam after a two-day rally as the Trump administration sent mixed messages regarding its tariff plans on other countries, particularly China. US stock markets closed higher but well off intraday highs on Wednesday, even as President Donald …

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US Treasury Secretary says IMF and World Bank need reform

Muhamad Yehia.. Cairo Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump administration is eager to work with them — so long as they can stay true to their missions.” The US Treasury Secretary Scott Bessent levelled harsh criticism at the operations …

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European defence spending gives Thales a boost as it reinforces 2025 targets

Muhamad Yehia.. Cairo Thales’ sales in the first quarter were supported by increased European defence spending. However, new orders lagged mainly due to a very high comparison base, especially for defence. French aerospace and defence giant Thales reported total first quarter 2025 sales of €5 billion, which was an increase …

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