Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
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
US to Supply Nearly Two-Thirds of Europe's LNG by 2026, IEEFA Warns of New Dependency
The US is set to supply nearly two-thirds of Europe's LNG imports by 2026, according to the IEEFA. The shift, driven by the REPowerEU strate
IEA Warns of Oil Price Volatility as Global Stockpiles Drain at Record Pace
Global oil stockpiles dropped by 129 million barrels in March and 117 million in April, the IEA reports. The agency warns of renewed price v
EU Negotiators Reach Provisional Deal on Safeguard Clauses for US Trade Pact
EU negotiators have provisionally agreed on a safeguard clause allowing the bloc to reimpose tariffs on US industrial goods if a surge in im
Iran's Economy Buckles Under War, Blockades, and 54% Inflation
Iran's inflation has hit 54%, the rial lost over half its value, and food prices surged 115%. The war and US blockade are testing Tehran's r