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Falling crude prices are reducing profits at oil producers like TotalEnergies

TotalEnergies Profits Drop As Prices Slide

TotalEnergies boosted crude oil production by two percent from the first quarter of 2024, but that wasn't enough to compensate for nine percent drop in the international reference price.
Adidas has warned US tariffs could hit its earnings

Adidas Warns US Tariffs To Push Up Prices

The firm makes a large chunk of its goods in Asian countries that Trump has singled out for running hefty trade surpluses with the United States, including China, which is facing the highest US levies.

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