Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
BYD Eyes Idle European Auto Plants, Including Stellantis Sites, and Maserati Brand
BYD is negotiating with Stellantis and other automakers to take over idle European plants. The Chinese EV leader also expressed interest in
Europe's Wage Divide: Swiss Earn €107,000, Slovaks Just €19,590
Switzerland tops European wages at €107,487 per year, while Slovakia has the EU's lowest at €19,590. Purchasing power parity narrows the gap
French Farmers Dump Manure at TotalEnergies Refinery Near Lyon Over Fuel Costs
French farmers dumped manure and rubbish at a TotalEnergies refinery near Lyon to protest rising fuel costs and falling incomes. The action
Erdoğan in Astana: Turkey and Kazakhstan Target €13 Billion Trade as Central Asia Tilts
Turkey and Kazakhstan signed a Declaration on Eternal Friendship and Expanded Strategic Partnership in Astana, targeting €13 billion in bila
US 30-Year Bond Yield Breaches 5% as Kevin Warsh Confirmed as Fed Chair
The US Treasury sold 30-year bonds at a yield above 5% for the first time since 2007. Kevin Warsh was confirmed as Fed chair hours later, in
Global Markets Rally as Trump-Xi Summit Raises Hopes for Strait of Hormuz
European and Asian markets mostly rose on Thursday after Trump and Xi met in Beijing. The two leaders agreed the Strait of Hormuz must remai
Xi Jinping Pledges Deeper Market Access for US Firms During Trump's Beijing Visit
Xi Jinping told US executives during Trump's state visit that China will continue to open its economy. The summit highlighted ongoing tensio
EU Business Investment Hits 11-Year Low as Tariffs and Climate Uncertainty Bite
The EU's business investment rate dropped to 21.8% in Q4 2025, its lowest since 2015. Weak demand, geopolitical tensions, and unpredictable
US Tech Titans in Beijing: What They Want from China's Market
A delegation of US tech leaders including Jensen Huang, Tim Cook, and Elon Musk is in Beijing with President Trump to meet Xi Jinping. The s
Brazil Challenges EU Ban on Meat Imports Over Antimicrobial Rules
Brazil's ambassador to the EU, Pedro Miguel da Costa e Silva, has called the EU's ban on Brazilian meat imports 'a surprise.' The ban, effec
Europe Braces for Fallout as Trump and Xi Meet in Beijing
The Trump-Xi summit in Beijing raises alarms in Brussels and Berlin over rare earth supply chains and trade imbalances. European officials w
Ryanair Escalates Feud with Fraport Greece Over Airport Charges and Tax Cuts
Ryanair has accused Fraport Greece of pocketing a 75% tax reduction meant to boost connectivity. The airline closed its Thessaloniki base ci