By Beatrice Romano
Milan-based editor covering the eurozone, banking and the industrial heartlands of the continent.
EU-US Trade Talks Advance but No Final Deal as May Deadline Looms
EU Parliament and Council negotiators held late-night talks on the US trade deal but did not reach a breakthrough. A diplomatic source expec
Strait of Hormuz reopening hopes lift global stocks, oil stays above $100
Asian stocks surged to record highs on Thursday, led by Tokyo's Nikkei 225, as markets bet on a US-Iran agreement to reopen the Strait of Ho
EU Fails to Reach US Trade Deal, Risking New Tariffs from Trump
EU trade ministers failed to reach consensus on a new trade agreement with the US, leaving the bloc vulnerable to Trump's threatened 25% tar
Europe's Ultra-Rich Club Grows 26% in Five Years, Germany Leads
Europe's ultra-high-net-worth population reached 183,953 in 2026, a 26% increase from 2021. Germany leads with 38,215 UHNWIs, while Poland,
Spain Accepts Critically Ill Doctor from Hantavirus-Stricken Cruise Ship MV Hondius
Spain has agreed to evacuate the seriously ill doctor from the MV Hondius, a cruise ship hit by a hantavirus outbreak. The doctor will be fl
Oil Drops on US-Iran Peace Hopes as AI Boom Lifts European Stocks
Brent crude fell 1.3% to $108.47 after Trump paused a naval mission in the Strait of Hormuz, citing progress in talks with Tehran. European
Greece Caps Consumer Loan Repayments to Curb Abusive Banking Practices
The Greek government plans to cap total repayment on unsecured consumer loans and credit card debt at 30-50% above the borrowed amount. A 14
EU Weighs Retaliation as Trump Threatens 25% Tariffs on European Cars
President Trump has threatened to impose 25% tariffs on European cars, escalating trade tensions. The EU is weighing a response that could i
AI and Short Squeezes Drive Record Markets Despite Iran War Fallout
Stock markets in the US, Japan, and South Korea reach record highs despite the Iran war disrupting global energy supplies. AI-driven demand
Hantavirus Cruise Ship Evacuees to Be Flown to Netherlands, Timeline Uncertain
Two passengers from the hantavirus-hit MV Hondius will be evacuated to the Netherlands, but no exact timeline has been given. The WHO is tra
EU Trade Chief Urges US to Restore 15% Tariff Cap as Tensions Rise
EU Trade Commissioner Maroš Šefčovič met US Trade Representative Jamieson Greer in Paris, urging a swift return to the 15% tariff cap agreed
IMF Warns Europe Faces Recession Risk if Middle East Conflict Prolongs
The IMF warns that a prolonged Middle East conflict could tip Europe into recession. Energy disruptions and high prices weigh on growth, whi