Buyers flip from U.S. to Europe as Trump volatility weighs

Buyers flip from U.S. to Europe as Trump volatility weighs

Europe’s top bosses are urging the continent to capitalize on recent volatility amid hopes U.S. exceptionalism is waning — and Europe can cash in. From Unicredit to Goldman Sachs, top European leaders told CNBC in exclusive interviews that Europe has a huge opportunity ahead. The numbers tell part of the story, with Europe’s Stoxx 600 up … Read more

Fund managers foyer Congress on Part 899 to avert international buyers exit

Fund managers foyer Congress on Part 899 to avert international buyers exit

American fund managers are lobbying Congress over a provision tucked inside President Donald Trump’s tax bill that they say could lead to foreign investors “quickly” pulling investments out of the U.S. The “One Big Beautiful Bill Act,” which passed through the U.S. House of Representatives in May, aims to penalize foreign-owned firms operating in the … Read more