US Business

President Trump promised Africa that trade would replace aid, but in one of the world’s poorest countries his administration is slashing both.

The company says new tariff deals with Japan, the EU and South Korea put it at a disadvantage.

“It’s going to be really important that companies think about not just what they’re creating but how users are experiencing it,” says Figma CTO.

The company’s revenue was about 10% higher than the same period a year ago, showing an unexpected ability to weather tariff blows.

The tobacco group said it expects to meet the top end of its 2025 guidance of revenue growth of 1% to 2% at constant rates.

The world’s largest brewer posted an increase in second-quarter net profit to $1.68 billion, beating analysts’ forecasts even as beer volumes continued to fall.

Much of company’s recent growth has come through the cloud business, which AI companies have been using to host models.

The company held its top capital-spending projections steady for the first time this year, an issue investors have watched closely. Shares rose 11% after hours.

The president unveiled a 50% tariff on copper products, but not on the raw material itself.

The CEO said the company would have been bullish in its full-year outlook but uncertainty persists around the expected impact from tariffs in the U.S.