Pernod Ricard cuts sales outlook on tariff uncertainty

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  Tariff Uncertainty Taxes the Auto Industry

  For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.
  
  Wired - 2h
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  Uncertainty for federal workers as White House looks to cut funding

  Many federal workers are in flux as some take deferred resignation offers and others worry about layoffs. NBC News' Hallie Jackson speaks with two affected workers.
  
  NBC News - 12h

• Bank of England to resume rate cuts with outlook complicated by tax hikes and Trump tariffs

  Traders have ramped up their bets on the total number of BOE rate cuts in 2025 since January, as Europe diverges from the U.S.
  
  CNBC - 1d

• Tequila has to be made in Mexico. Diageo offers no financial outlook on tariff uncertainty.

  The maker of Don Julio tequila and Crown Royal whisky said on Tuesday it can’t provide financial guidance because of the uncertainty over tariffs.
  
  MarketWatch - 2d
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  Primark cuts sales outlook after struggles in UK market

  Fashion retailer blames mild autumn weather and ‘cautious’ consumer sentiment
  
  Financial Times - Jan. 23

• Oil ends lower as Trump’s output and tariffs plans fuel supply uncertainty

  Oil futures ended lower on Tuesday as traders weighed prospects for crude supplies after President Donald Trump vowed to boost already record U.S. crude output, threatened to implement a steep ...
  
  MarketWatch - Jan. 21
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  ‘So Much Uncertainty’: Businesses Worry About Trump’s Many Tariff Plans

  The incoming president has floated numerous tariff plans. Retailers say their livelihood could depend on which ultimately come to fruition.
  
  The New York Times - Jan. 19

• Nordstrom raises sales outlook after holiday season was better than feared

  CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."
  
  CNBC - Jan. 11

• Threat of Trump tariffs adds to global economic uncertainty, IMF warns

  Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the world
  
  Financial Times - Jan. 10

More from Financial Times

• Trump’s trade war adds to ‘clear decoupling’ on central bank rate cuts

  Bank of England is expected to follow Eurozone and Canadian counterparts by cutting while Federal Reserve holds
  
  Financial Times - 27m

• ‘Self-inflicted wound’: Trump’s tariff chaos threatens US energy ambitions

  Higher costs from tariffs threaten the president’s goal of bolstering domestic manufacturing
  
  Financial Times - 44m

• Looking at Women Looking at War — a chronicle cruelly cut short by Putin’s invasion

  A Russian missile strike killed Ukrainian writer and war-crimes investigator Victoria Amelina, leaving her unfinished diaries as a poignant tribute to what might have been
  
  Financial Times - 44m

• China appoints ‘wolf warrior’ ambassador to manage affairs with Europe

  Selection of blunt-talking Lu Shaye signals hardening of Beijing’s stance towards EU
  
  Financial Times - 1h

• Trump amplifies the transatlantic economic divergence

  Emerging policy differences will force looser monetary policy in Europe than in the US
  
  Financial Times - 1h

More in World

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  U.S. Waives Aid Funding Freeze at Syrian Camp Holding ISIS Fighters

  Upholding security at the camp is seen as critical to prevent a resurgence of the Islamic State. A contractor that trains the police there got a temporary waiver allowing it to continue operating.
  
  The New York Times - 16m
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  Order bans trans athletes from women’s sports as Trump repeats wish to control Gaza – US politics live

  ‘Gaza Strip would be turned over the US by Israel at the conclusion of fighting,’ says US president in social media post. We have another post now from Donald Trump’s Truth Social account, this ...
  
  The Guardian - 18m
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  India v England: first men’s cricket one-day international – live

  Over-by-over updates, series opener starts 8am GMT Sri Lanka v Australia – live | Email James your thoughts 4th over: England 17-0 (Salt 8, Duckett 9) . A maiden. Harshit finds a better ...
  
  The Guardian - 20m
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  Jeff Bezos fund ends support for climate group amid fears billionaires ‘bowing down’ to Trump

  Concerns raised as $10bn Bezos Earth Fund halts funding for Science Based Targets initiative, which monitors companies’ decarbonisation. Jeff Bezos’s $10bn climate and biodiversity fund has ...
  
  The Guardian - 23m
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  Middle East crisis live: countries which opposed military operations in Gaza such as Spain, Ireland and Norway should take Palestinians, says Israeli minister

  Israel Katz, defence minister, orders Israeli army to prepare plan to allow ‘voluntary departure’ of residents from Gaza as Spain rejects suggestion it should accept displaced people. UN chief ...
  
  The Guardian - 24m