EU to Prepare Plan for No-Deal Scenario With US
Good morning. The EU is preparing for a no-deal scenario with the US. Home sellers in the UK are cutting prices at a record pace. And Microsoft's server software comes under widespread cyberattack. Listen to the day's top stories.
Trade latest: European Union envoys are set to meet as early as this week to formulate a response to a possible no-deal scenario with Donald Trump, whose tariff negotiating position is seen to have stiffened ahead of an Aug. 1 deadline.
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With 5% of the market share in the solar equipment field Enphase acts as an early indicator for the impact that Trump's removal of tax credits will have upon the industry. Enphase are pointing towards a 20% drop in the residential market. Read more here. Analog Devices, Inc. (ADI) Shares in semiconductor maker Analog Devices saw a drop of over 4.1% after-hours, erasing gains from the month so far. The company specializes in chips that convert real world input into electrical signals, processing sound, light, temperature, pressure and motion. Investors have been eyeing ADI's earnings reports, still not due for another month. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
