City Brussels Financial News

13.07 / 11:59
Developers Web3 1Inch 1inch Launches Web3 RPC API Tool to Simplify Blockchain Access for Developers
Decentralized exchange (DEX) aggregator, 1inch Labs has launched the 1inch Developer Portal which is being made available to Web3 developers.
23.04 / 12:21
markets Airlines War country travelers Updates Jet fuel is running out in Europe. Why your summer travel plans are at risk.
Subscribe to enjoy similar stories.A jet fuel shortage is leading airlines to cut flights, and could cause a severe slowdown in travel this summer—particularly in Europe.German carrier Lufthansa said this week it is canceling 20,000 flights from now through October, immediately reducing its flight schedule by 120 trips a day. Reductions are happening all over, including at the company’s hubs in Frankfurt, Munich, Zurich, Vienna, Brussels, and Rome.More than a dozen other airlines have also reduced capacity, including discount Norwegian airline Norse Atlantic, which cut flights from Los Angeles. American carriers are not in danger of running out of fuel, but U.S.
23.02 / 08:49
markets COST Target economy Align Trade Updates Europe’s China anxiety: Will it raise tariffs, weaken the euro or go for structural reforms?
A recent report by the Haut-Commissariat à la Stratégie et au Plan that urged the EU to consider either steep tariffs on Chinese imports or a deliberate weakening of the euro against the renminbi has triggered reactions well beyond Paris and Brussels. What began as a domestic French strategic recommendation has evolved into a wider debate about Europe’s economic direction and its role in an increasingly fragmented global trading system.The proposal, suggesting tariffs of up to 30% or a 20–30% euro depreciation, reflects mounting anxiety over Europe’s widening trade imbalance with China and its erosion of industrial competitiveness.
29.01 / 02:31
Manufacturing Mobile economy Trade students stage India-EU trade accord: Three aspects that’ll shape its success and four hoops it must jump through
Subscribe to enjoy similar stories. India’s recently concluded free trade agreement (FTA) with the EU, almost two decades in the making, has injected fresh energy into the country’s geo-economics. It offers strategists on both sides greater latitude to pursue higher economic and perhaps even geopolitical ambitions.
20.01 / 02:33
security awards Trade President War country peace Trump links Greenland threats to missing out on Nobel Prize
Subscribe to enjoy similar stories. BRUSSELS—President Trump told Norway that he no longer needed to think “purely of peace" after being snubbed for the Nobel Peace Prize, as European leaders scrambled to talk him out of a damaging trans-Atlantic trade war. So far, the European Union and the U.K.
19.01 / 14:05
security awards Trade President War country peace Trump links Greenland threats to missing out on Nobel Prize
Subscribe to enjoy similar stories. BRUSSELS—President Trump told Norway that he no longer needed to think “purely of peace" after being snubbed for the Nobel Peace Prize, as European leaders scrambled to talk him out of a damaging trans-Atlantic trade war. So far, the European Union and the U.K.
19.01 / 01:37
Action Racing Fighting Trade President country Arsenal Europe is bracing for a new trade fight with Trump. Here are its options.
Subscribe to enjoy similar stories. BRUSSELS—European leaders racing to respond to the threat of U.S. tariffs for opposing President Trump’s plan to take control of Greenland have an arsenal of options, including trade retaliation, reducing defense ties and a “bazooka" to defend against economic coercion.
19.01 / 01:37
security Trade President War country peace In Trump’s drive for Greenland, NATO is roadkill
Subscribe to enjoy similar stories. BRUSSELS—A few months ago, officials on both sides of the Atlantic hoped that they had saved the Western alliance—the world’s biggest economic and military community. Today, the team that won the Cold War and led the globe is in tatters.
18.12 / 17:43
MET Fighting War Battlefield show Ukraine's Zelensky warns of dire battlefield if Europe doesn’t tap Russian assets
Subscribe to enjoy similar stories. BRUSSELS—Ukraine will be both forced to slash drone production and undermined in negotiations with Washington if European Union leaders fail to back a $105 billion loan to keep Kyiv fighting against Russia, President Volodymyr Zelensky said. The EU says Ukraine will run out of cash in the spring.
10.12 / 01:43
UPS security President War Battlefield peace Trump pushes Ukraine to accept peace deal, saying it is losing
Subscribe to enjoy similar stories. President Trump dialed up pressure on Ukraine to swiftly accept a U.S.-designed peace plan, hardening his position toward the embattled country and its European backers, who insist U.S. security guarantees are vital to a peace deal.
09.12 / 07:41
markets UPS Racing Opinion Universities country Who is winning in AI—China or America?
Subscribe to enjoy similar stories. IN 1995, DURING a golden age for globalisation, a business professor from Berkeley coined a cheering term: “the California effect". When companies in wealthy markets face new competition from foreign rivals, argued David Vogel in his book “Trading Up: Consumer and Environmental Regulation in a Global Economy", they do not invariably lower standards, as gloomsters might predict.
05.04 / 17:29
Provident Food wellness Myanmar Experts country medicines India, China rich countries, everyone should pitch in during crisis like Myanmar quake: US Secretary of State
US Secretary of State Marco Rubio said while America is willing to continue to help those affected by the Myanmar earthquake, other countries should also pitch in to provide humanitarian assistance during such crises worldwide. «Well, we're not the government of the world. No, we will provide humanitarian assistance just like everybody else does and do it the best we can. But we also have other needs we have to balance that against. We're not walking away from humanitarian assistance,» Rubio told the media at NATO Headquarters in Brussels on Friday. Rubio was responding to a question about the earthquake and how the US offered help during such incidents by saving lives on the ground through special equipment and experts. Rubio was asked if that was not happening because of the dismantling of the United States Agency for International Development (USAID). «There's a lot of other rich countries in the world. They should all be pitching in. We're going to do our part. We already have people there, we'll have more people there. We'll help as much as we can. It's not the easiest place to work. They have a military junta that doesn't like us and doesn't necessarily allow us to operate in that country the way we want to. That would have impeded our response no matter what,» he said.
03.04 / 18:39
Target FIVE Assurant security Remark President reports Marco Rubio tells NATO that US committed to alliance; says it must be ‘stronger’
Marco Rubio has assured NATO allies that Washington is committed to the alliance, despite concerns raised by President Donald Trump’s earlier remarks. Speaking at a NATO foreign ministers’ meeting in Brussels, Rubio said that the United States seeks a stronger and more capable NATO. Rubio, as per the reports, said that the US is as active in NATO as it has ever been. He dismissed alleged hysteria and hyperbole in the media over Trump’s stance on the alliance. Rubio said that Trump has made it clear that the US supports NATO and they will remain a part of the organisation. However, Rubio reiterated Trump’s call for NATO allies to shoulder more responsibility. He, as per the Euro News report, urged European nations and Canada to increase their defence spending to five per cent of GDP. This reportedly is double of the current two per cent target which several nations including Belgium, Italy, and Spain fail to meet. Also Read :Judge who sentenced Marine Le Pen now under police protection
03.04 / 02:23
markets UPS Manufacturing Apple Trade President country Trump tariffs aim to bring down curtain on era of globalization
Subscribe to enjoy similar stories. President Trump’s biggest tariff blitz yet sends a clear message to U.S. and foreign companies alike: The era of globalization is over.
02.04 / 10:55
security WSJ information reports Department Videos rowing Pete Hegseth was asked about his wife attending high-level sensitive military meetings. Here's what happened next
US Defense Secretary Pete Hegseth is under scrutiny again. Amid the fallout over the Signalgate group chat between top US national security officials that inadvertently added a veteran US journalist, Hegseth is under fire again for reportedly bringing his wife to two meetings with foreign military officials. In a purported video, Jennifer Hegseth could be seen in a video following her husband into a meeting in Brussels with allies to strategize over Ukraine, reported the Wall Street Journal. Jennifer Hegseth's presence caused «surprise», but the meeting went on without objections, the report stated. ALSO READ: Double trouble for Pete Hegseth? US Defense Secretary under fire for another controversy amid chat leak row
30.03 / 12:57
security WSJ Doge information reports Department rowing Double trouble for Pete Hegseth? US Defense Secretary under fire for another controversy amid chat leak row
Signal chat leak row mounted troubles for US Defense Secretary Pete Hegseth, he is under fire again- this time for allegedly bring his wife to high-sensitive military meetings, reports the Wall Street Journal. Pete Hegseth's wife attended two meetings with foreign defense officials during which sensitive information was discussed, the report stated. The WSJ's report on Pete Hegseth comes at a time when he is already facing scrutiny for detailing plans of a military strike in a group chat on Signal, made public by a journalist at the Atlantic who had been added to the chat. Multiple Democrats have called for his resignation while a bipartisan group of senators sent a letter to the defense department calling for an inquiry into the group chat. ALSO READ: 'I am almost done...': Elon Musk to quit DOGE and leave Washington DC after $1 trillion in US govt cuts
28.03 / 07:33
Provident Digital Software Research innovations stars reports Europe has tech stars. They’re far behind the US.
Subscribe to enjoy similar stories. It wasn’t long ago—say, two months— that European governments and companies thought nothing of relying on Microsoft software for daily tasks or Amazon.com’s Amazon Web Services for data storage. Not so much anymore.
27.03 / 11:39
UPS Citizens security President War country World War III soon? European Union tells 450 million people to stockpile food, supplies amid risk
European Union has urged its citizens to stockpile enough food and other essential supplies to sustain them for at least 72 hours if crisis happens, the European Commission has said. “In case of extreme disruptions, the initial period is the most critical,” the document says, setting out possible scenarios, from war to cyber attacks and deadly disease to climate-driven floods, reports Politico. In a fresh guidance issued on Wednesday, the commission stressed the need for Europe to shift its mindset, to foster a culture of “preparedness” and “resilience.” ALSO READ: 'Elon, I want to thank you': Trump makes it official, makes big statement amid Tesla Takedown protests
19.03 / 16:19
Fighting Kingstone NXT show stars reports Features WWE RAW: Reason behind female star's absence from Madison Square Garden revealed
WWE announcer Alicia Taylor has been a favourite of many RAW fans. Taylor was present at this week’s RAW match in Brussels, which featured John Cena for the first time since he turned heel. Amid all the excitement for the game, there were questions about why Alicia Taylor was not present at the brand’s RAW match at Madison Square Garden last week. Mike Rome had replaced her announcer there. Now, it has been revealed why Taylor failed to make it to the WWE match in New York.
18.03 / 09:01
UPS Digital Align War information reports Are Russia and China waging a 'digital war' against the West?
digital arsenals" to interfere in Western democracies, while their messaging around the war in Ukraine had become increasingly aligned. «Foreign information manipulation and interference is a major security threat to the EU,» foreign policy chief Kaja Kallas said in a report. «We must not underestimate the power that this has over us, or the intentions of those behind it.» In its latest annual report on the subject Brussels said that last year it tracked disinformation attacks against over 80 countries and more than 200 organisations. The war in Ukraine remains a major target for Russia — but events such as the Olympics in Paris, elections in Moldova and farmers' protests in Germany were also in the crosshairs.
17.03 / 22:17
markets Trade President War reports travelers Destinations Mexico's gain at USA's loss: U.S tourism takes a hit as Canadians ditch cross-border trips over trade war, opting for Mexico's beach getaways instead
Cross-border travel is dropping sharply, as per surveys, which is impacting tourism revenue and triggering ad campaign adjustments.
16.03 / 18:51
UPS Action President reports Features Beijing unveils 'special action plan' to stimulate lagging consumption
China's State Council unveiled on Sunday a 'special action plan' to boost domestic consumption, featuring measures including raising residents' income and setting up a childcare subsidy scheme. The plan comes as levels of consumer demand have suffered various setbacks in recent years, due to factors like COVID-19 disruptions and a long property slump, chilling the propensity of households to spend and adding to deflationary trends. Expanding domestic demand It was issued to all regions and departments to «vigorously boost consumption, expand domestic demand in all directions, improve consumption capacity by increasing income and reducing burdens,» a report from the Council said. The plan comes a week after Chinese Premier Li Qiang's work report to the National People's Congress which focused on boosting household spending to cushion the impact of weak external demand. Pressure has been building on Chinese officials for consumer-focused stimulus measures to fend off deflationary pressures and reduce reliance on exports and investment.

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