English

Angela Barnes

Business

South Korea to boost chip industry support in face of Trump's tariffs

South Korea said on Tuesday it will expand its financial support package for its crucial semiconductor industry to 33 trillion won (about €22.43 million) as part of efforts to address uncertainties posed by the Trump administration’s tariff hikes.

Business

Raw materials to keep British Steel plant operating reach the UK

The UK government said on Tuesday that it had bought enough raw materials to keep Britain’s last steelmaking blast furnaces operating for the “coming weeks.”

Economy

Trump considers pausing auto tariffs as world economy endures whiplash

President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains.

Economy

China's exports jump 12.4% as imports fall under Trump-era tariffs

China's exports jumped 12.4% in March from a year earlier as companies rushed to beat increases in US tariffs imposed by President Donald Trump, the government said on Monday.

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Markets

US stocks lose gains as Asian markets fall in China-US trade war

Asian shares sank on Friday after US stocks gave up much of their historic gains from the day before.

Business

Prada Group buys Versace fashion house from US owner in €1.25bn deal

Prada Group announced the purchase of Versace fashion house on Thursday from US luxury group Capri Holding in a cash deal valued at €1.25 billion euros ($1.4bn.)

Markets

Wall Street rallies to historic gains as Trump halts most tariffs

Asian shares followed the US trend and surged overnight with Japan’s benchmark jumping more than 2,000 points almost immediately after the Tokyo exchange opened, as investors welcomed President Donald Trump ’s decision to back off on most of his tariffs.

Markets

US stocks surge after Donald Trump announces 90-day pause on tariffs

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days but raised his tax rate on Chinese imports to 125%.

Economy

China imposes 84% tariff on US goods as Trump trade war escalates

Beijing will raise tariffs on US goods from 34% to 84% starting on Thursday, an action that follows the US increasing tariffs on Chinese goods and tensions over trade policies.

Economy

China vows to fight tariffs to end and says trade with US is balanced

China again vowed to “fight to the end” against Donald Trump's tariffs in a lengthy policy statement published on Wednesday, arguing that trade between the two countries is in balance as a 104% tax on the country's exports to the US came into effect.

Business

What to know about the latest round of tariffs going into effect

US President Donald Trump has launched tariff wars with nearly all of America's trading partners. And there's no end in sight.

Markets

European markets move lower as Trump's sweeping tariffs take effect

European and US markets moved lower on Wednesday as Donald Trump's sweeping new country-specific tariffs start to take effect.

Markets

S&P 500 rises 3.4% as some relief washes through financial markets

Stocks are rising on Wall Street and around the world to recover some of the historic losses since last week when President Donald Trump announced sharp increases in taxes on goods imported to the US.

Markets

European markets move higher after punishing global sell-off

European markets rebound after Monday's punishing global sell-off despite tariff tensions continuing to weigh on investor sentiment.

Markets

Asian shares and US futures gain as investors resume buying

Asian markets advanced on Tuesday, with Japan’s Nikkei 225 share benchmark initially shooting up more than 6% after it fell nearly 8% a day earlier.

Markets

Wild market swings: Stocks volatile on Wall Street as tariff woes hit

Wild swings dominated Wall Street's trading session on Monday with the market catapulting from an early drop that had dragged it 20% below its record to a sudden rise, only to revert to losses as worries remain about whether President Donald Trump’s trade war will torpedo the global economy.

Markets

European markets dive as global tariff fears shake investor confidence

Euronews' Business Editor Angela Barnes shares market updates from Monday 7 April as global stocks were shaken by ongoing tariff woes.

Business

Amazon's last-minute bid for TikTok comes ahead of US ban on Saturday

Amazon has put in a bid to purchase TikTok, a Trump administration official said on Wednesday, in an eleventh-hour pitch as a US ban on the platform is set to go into effect on Saturday.

Markets

Asian markets and US futures tumble following global US tariff hikes

Asian markets and US futures tumbled on Thursday following US President Donald Trump’s announcement of big increases in tariffs on imports of goods from around the world.

Economy

'Major economic blow': EU and world leaders react to Trump's tariffs

US President Donald Trump’s announcement of a new 20% tariff on the European Union drew a sharp rebuke from European Commission President Ursula von der Leyen.

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