Belgian Foreign Minister: EU credibility on the line over Gaza
Eleanor Butler
Belgian insurer Ageas acquires UK’s Esure from Bain Capital for €1.5bn
The deal will create the third largest motor and home insurer in the UK.
China raises tariffs on US to 125% in latest trade war escalation
Beijing is responding to the US' decision to hike levies, although China said it's unwilling to go any higher.
BMW’s China sales drop to lowest level in five years at start of 2025
The German carmaker announced a global sales decline of 1.4%, dragged down by weak China demand, while Trump’s auto tariffs loom over the year ahead.
Italian rail operator reveals €1bn plan to tackle Eurostar monopoly
Eurostar currently holds a monopoly on routes between mainland Europe and London, but competitors are closing in.
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President Trump orders review into Nippon Steel’s bid for US Steel
The two companies sued the US government in January after then president Joe Biden halted the Japanese purchase in the name of national security.
The West has big plans for nuclear power: Will geopolitics play ball?
As artificial intelligence ramps up energy needs, experts say we’ve reached a ‘nuclear revival’. Pledges are in place — but can supply chains support them?
China imposes retaliatory 34% tariff on imports of all US goods
China's move comes in response to US tariffs, totalling 34% on Chinese goods, announced by Washington this week.
French government set to lower growth target as Trump tariffs loom
The state’s revised forecast will be in line with predictions from the Bank of France, according to work minister Astrid Panosyan-Bouvet.
France’s Crédit Agricole gains ECB nod to raise stake in Banco BPM
The green light comes as Italian bank UniCredit prepares to launch a buyout offer for Banco BPM, which could be complicated by CA’s stake.
OpenAI secures $300bn valuation in funding round led by SoftBank
The firm has raised $40 billion, one of the largest ever funding rounds secured by a private start-up.
Primark boss steps down over inappropriate behaviour allegation
Paul Marchant “acknowledged his error of judgement”, said Primark owner Associated British Foods on Monday.
Bank of England expected to pause rate cuts despite contracting output
Policymakers find themselves in a tight spot ahead of Thursday’s rate decision, with growth remaining sluggish and inflation stubborn.
Trump proposes 200% tariff on EU alcohol imports in trade escalation
The move comes in response to an EU tariff on US whiskey imports.
US inflation cools despite Trump trade war threatening price lifts
Price pressures eased more than expected in February, a relief for US consumers concerned about looming tariff effects.
AirBaltic CEO lauds new Starlink installation despite Musk controversy
The Latvian firm is the first European airline to introduce in-flight Wi-Fi powered by Elon Musk’s Starlink.
Battery maker Northvolt files for bankruptcy in Sweden
Northvolt said it had faced “significant internal challenges in its ramp-up of production”.
Virgin Group seeks to raise funding for cross-Channel Eurostar rival
Virgin Group wants to launch the new service by the end of the decade, initially running trains from London to Paris and Brussels.
ECB cuts rates for sixth time since June despite sticky inflation
The European Central Bank cut its benchmark interest rate by a quarter point to 2.5% on Thursday as inflation nears 2% and growth remains weak.
Gold prices are high - but here’s why investors are still flocking
Looming trade wars, along with increasing global debt, are driving investors to the precious metal.
Mexico will react to Trump tariffs on Sunday, President Sheinbaum says
Mexico's President Claudia Sheinbaum said her government would announce retaliatory tariffs against the US on Sunday, moving slower than China and Canada in response to Trump's new trade policies.
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