Eu Financial News

United States President Donald Trump on Wednesday gave a series of apparently contradictory answers about his plans to enact tariffs on Canada and Mexico, as well as the European Union.

European carmaker shares have experienced a significant decline following U.S. President Donald Trump's announcement of a proposed 25% tariff on European Union imports, including automobiles. This development has raised concerns about potential economic repercussions for both regions.

Mexico’s peso and Canada’s dollar got a boost after United States President Donald Trump signalled the deadline for levies on goods from both countries would be pushed back, raising investor skepticism over one of the U.S. leader’s signature policies.

During the first meeting of the US cabinet on Wednesday (26 February), following Trump's inauguration in January, the president said tariffs on the European Union will be revealed «very soon». Global markets recover tentatively amid tariffs drama as investors fret over what comes next He told reporters the European Union was a «different case than Canada», because the bloc had «taken advantage of [the US] in a different way». «They do not accept our cars, they do not accept, essentially, our farm products, they use all sorts of reasons why not, and we accept everything from them. W...

Subscribe to enjoy similar stories. From the very day of his second appointment as US President, Donald Trump has unleashed a blitzkrieg of executive orders which have turned many US policies on their head, sacked large numbers of government staff and disrupted governance systems. These disruptions are severely impacting the US, but are also reverberating throughout the world.

shares fell sharply on Thursday as U.S. President Donald Trump's plan for a 25% tariff on cars and other goods from the European Union and the region's vow to counter «firmly and immediately» fanned fears of an escalating trade war. The pan-European STOXX 600 index has retreated 0.7% as of 0813 GMT, after closing at a record high in the previous session.

Bitcoin has fallen sharply, dropping over 20% from its January peak of $109,350, raising concerns about whether the crypto market has entered a bear phase. On Thursday, February 27, Bitcoin hit an intraday low of nearly $83,000 before recovering to around $85,000. The sell-off has wiped out nearly $300 billion in market value, leading to increased volatility and investor anxiety.

Nvidia, whose positive outlook could set the tone for the artificial intelligence sector. Stocks lost ground in afternoon trading, with investors digesting the latest comments from U.S. President Donald Trump on tariffs.

European Commission to simplify the EU AI Act, said Michael McNamara, co-chair of European Parliament's AI Working Group.

Imagine if you could save the planet every time you spend money.

India and the Indo-Pacific.

Tata Motors has emerged as the worst-performing Nifty 50 stock, with its shares plummeting 44% from their peak of Rs 1,179 in July 2024 to Rs 661.75 currently, erasing Rs 1.9 lakh crore in market capitalization. The sharp decline stems from weak demand for Jaguar Land Rover (JLR) in key markets like China and the UK, coupled with concerns over potential US import tariffs on European-made cars. Domestically, softening sales in the medium & heavy commercial vehicle (M&HCV) segment and intensifying competition in passenger and electric vehicles (EVs) have further dented investor sentiment. As the stock struggles to find a bottom, the key question remains: Is the worst over, or is there more downside ahead?

The first week of Donald Trump’s new mandate as US president wrapped up with a series of executive orders signed to promote science and technology. 

Subscribe to enjoy similar stories. KYIV—Without U.S. military aid, Ukraine has enough weapons to keep fighting at its current pace until the summer, current and former Western officials said.

Subscribe to enjoy similar stories. Every month, Mint’s Plain Facts section brings out an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India.

Subscribe to enjoy similar stories. Monday marks the third anniversary of Russia’s unprovoked invasion of Ukraine, and the Kremlin marked the weekend with the largest drone attack of the war. President Trump says Vladimir Putin wants “peace," but Ukrainians have hard experience about what such a promise means in practice.

BEIJING — China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses' calls for more concrete actions.

EU antitrust chief Teresa Ribera clarify how she enforces the European Union's rules reining in Big Tech, saying they appear to target U.S. companies.