Economy
Toyota and Stellantis have withdrawn from Tesla’s European carbon emissions pooling arrangement for 2026, according to newly filed documents with the European Union, removing two of the largest contributors to a coalition that analysts once estimated could generate more than €1 billion annually......
President Donald Trump abruptly reversed his plan last week to impose tariffs on eight European nations, paving the way for a surge in high-yield debt issuance as markets breathed a sigh of relief. The decision followed talks with NATO Secretary General Mark Rutte, yielding what Trump called a framework......
The U.S. dollar index plunged to 97, its lowest in four months, on Monday as speculation mounted over potential joint U.S.-Japanese currency intervention and investors shed dollar-denominated assets amid lingering uncertainty from the Trump administration. The greenback's drop extended a rough week,......
European Union finance ministers gathered in Brussels on Tuesday to weigh the bloc's most potent commercial weapon against the United States, signaling an unprecedented escalation in transatlantic ties amid President Donald Trump's threats to impose tariffs unless Denmark sells Greenland. Danish......
Silver prices soared to a fresh all-time peak of $94.73 per ounce on Monday, fueled by surging safe-haven demand as investors grappled with escalating trade tensions sparked by President Donald Trump's tariff threats over Greenland. The metal has rocketed more than 32% in January alone and around......
US stock futures plunged sharply on Tuesday as President Donald Trump escalated trade tensions with European NATO allies by threatening new tariffs linked to his push to acquire Greenland. Dow Jones Industrial Average futures tumbled 600 to 750 points, reflecting a drop of 1.3% to 1.5%, while S&P......
President Donald Trump is set to take center stage at the World Economic Forum in Davos, Switzerland, where escalating trade frictions with European allies over his renewed push to acquire Greenland threaten to overshadow the annual gathering of global leaders. The 56th forum, running from January 19......
European leaders have united in response to U.S. President Donald Trump's tariff threats, with Germany's finance minister declaring that a breaking point has been reached. Speaking at a joint press conference in Berlin alongside his French counterpart, Lars Klingbeil emphasized that the European......
French Economy Minister Roland Lescure has issued a stark warning to his US counterpart, stating that any attempt to seize Greenland would cross a critical boundary and jeopardize Europe's extensive economic ties with Washington. This message came during a meeting in Washington on January 12, amid......
European defense stocks climbed for a fourth straight session on Wednesday, fueled by geopolitical ripples from the U.S. military's capture of Venezuelan President Nicolás Maduro and escalating friction over Greenland. A Bloomberg index tracking European defense firms has surged about 10 percent......
Europe’s central bank is navigating two parallel challenges as it seeks to balance financial innovation and stability: tightening oversight of private digital currencies and advancing the development of a digital euro. European Central Bank President Christine Lagarde highlighted both issues during......
The Moroccan government has taken a significant step forward in its green hydrogen ambitions, with the successful completion of the preliminary phase of the “Chbika 1” project. This milestone was announced during a steering committee meeting on the “Morocco Offer” for green hydrogen,......
France’s national postal service, La Poste, has suspended business parcel deliveries to the United States, joining several European operators in response to upcoming import tariffs imposed by the Trump administration. The decision, effective Monday, excludes personal gifts valued under $100, which......