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Culture news

The real ‘Wolf Of Wall Street’ gives Donald Trump his backing

“An insider trading scandal is brewing,” according to Trump's opponents, suspicious over a message the president sent before the stock market surged when he paused tariffs. Now, Jordan Belfort has given the president his full backing.

Europe News

EU-Ukraine trade talks enter crucial phase on agriculture

The EU executive is leaning toward reinstating quotas in the next trade framework with Ukraine, while Kyiv is pushing to maintain the current regime. With time running out, both sides are under pressure to reach a deal.

Europe News

EU Trade Commissioner to travel to the US on Monday for trade talks

EU Trade Commissioner Maroš Šefčovič will travel to the US on Monday for high-level meetings with counterparts, the Commission confirmed on Friday.

Europe News

Von der Leyen ready to hit tech and services in US-EU trade war

The president of the European Commission has indicated in an interview that she is ready to use the anti-coercion tool that would allow the EU to hit US services hard.

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Business

How Apple is airlifting tonnes of iPhones to avoid Trump's tariffs

The tech giant reportedly ordered cargo flights to transport 600 tonnes of iPhones from India to the US to avoid tariffs at the end of March.

Tech News

Why Apple isn't likely to leave China despite Trump's tariffs

Donald Trump is hoping Apple will return to the US to make its flagship products. Even with tariffs in place, there's little incentive for the tech giant to leave China.

Europe News

The EU’s reciprocal pause on tariffs: What’s next?

In an interview with Euronews, Varg Folkman, a policy analyst at the European Policy Centre, commented on the EU's move to suspend its counter-tariffs in response to Trump’s 90-day pause on his reciprocal duties on steel and aluminium.

Markets

European stocks spiral after China hits back against Trump’s tariffs

Concerns about an escalating trade war between the US and China still remain after the latter retaliated against steep US tariffs.

Europe News

Trump's wrong, European food's safer than American: EU safety chief

EU food standards are among the strictest in the world thanks to rigorous inspections and enforcement, says EU food safety agency director Bernhard Url, dismissing Donald Trump’s recent claims.

Business

How Trump’s tariffs could impact upcoming big US bank earnings

The US earnings season begins on Friday, with major banks reporting their first-quarter results before the market opens. Despite expectations for solid quarterly performances, analysts anticipate conservative guidance due to tariff-related uncertainties.

Markets

Euro soars to 3-year high as investors flee US assets over tariff woes

The euro surged to a three-year high against the US dollar amid tariff-driven market volatility, as investors offloaded US assets and sought safety in haven currencies. Despite renewed sell-offs on Wall Street, European stock markets are poised to open higher.

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.

USA

White House says tariff rate on most Chinese imports is now 145%

Speaking at a cabinet meeting, the US president defended his tariff policies, saying the US is in “very good shape”.

Europe News

Spain aims for closer ties with China amid US tariffs uncertainty

Washington has criticised Spain's outreach to China with Treasury Secretary Scott Bessent saying cosying up to Beijing is like 'cutting your own throat.'

Business

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.

Markets

US stock markets drop as investors consider trade impact with China

Although US president Donald Trump paused tariffs for 90 days, US stocks were still jittery as investors weighed the possible impact of the trade battle with China.

Economy

Germany’s economy expected to stagnate as Trump's tariffs hit

US tariffs, especially on metals such as steel and aluminium, could particularly impact Germany's economic growth this year.

Economy

US inflation dropped in March - pulled down by falling gasoline prices

Gas prices declined in March, while costs for housing and clothing rose at a slower pace. Food prices increased over the month.

Business

TSMC shares soar as semiconductor firm announces surprise revenue lift

The world's biggest contract chipmaker, Taiwan Semiconductor Manufacturing Company (TSMC), recorded a 41.6% year-on-year revenue rise in the first three months of the year.

Europe News

EU pauses counter-tariffs against US to 'give negotiations a chance'

The counter-tariffs agreed by EU countries were set to target almost €21 billion in American products, such as soybeans, copper and motorbikes.