Ruxandra Iordache - Profile and Journalist Details
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Get connected with journalists todayRuxandra Iordache
Verified
Digital News Editor, CNBC World
London
Beats
Biography
#N/A
politics , politics, Middle East And North Africa , Crude Oil, OPEC , Foreign Affairs, Legal And Regulation
gambling, single parenting
Content
By Ruxandra Iordache Verified| WRC-TV (Washington, DC) Verified UBS had a market cap of 79.5 Swiss francs ($97.23 billion) as of the Wednesday close, according to FactSet data, with Banco Santander at 91.3 billion euros ($103.78 billion). Santander and UBS' shares have diverged over recent months, with the Swiss lender shedding 17.2% in the year to date, while Santander has gained nearly 35%.
By Sam Meredith Verified, Karen Gilchrist Verified, Ruxandra Iordache Verified| CNBC Verified Stock markets soared on Thursday, after U.S. President Donald Trump's jarring about-turn on most tariffs, with sectors paring multi-day losses. Trumpdramatically reversed course on the White House's trade policies on Wednesday, dropping his country-specific tariffs down to a universal 10% rate for all trade partners, except China. Tensions between Washington and Beijing remain high, with Trump ratcheting up duties on goods from China to 125%.
By Ruxandra Iordache Verified, Dan Mangan Verified, Kevin Breuninger Verified, Christina Wilkie Verified| WMAQ-TV (Chicago, IL) Verified This is CNBC's live coverage of how U.S. trade partners, the White House and employers responded to President Donald Trump's historic tariffs. What you need to know• President Donald Trump dramatically reversed course, dropping his country-specific tariffs down to a universal 10% rate for all trade partners except China. • China's tariff rate will jump to 125%, effective immediately, the White House says.
Company Info
CNBC World
Lake City, Florida, United States
'+1 386-752-1293