European markets are heading for a lower open Friday, rounding off a volatile week marked by whipsawing policy on U.S. tariffs, the latest rate cut from the European Central Bank, German fiscal reforms and a regional defense spending boost. According to IG data, the U.K.’s FTSE 100 is set to open 48.9 points lower at…
U.S. President Donald Trump holds an executive order in the Oval Office, at the White House in Washington, D.C., U.S. March 6, 2025. Evelyn Hockstein | Reuters U.S. President Donald Trump expanded his tariff pause to goods coming in from Canada and Mexico, so long as they satisfy terms of the United States-Mexico-Canada Agreement, a…
A general view of the factory headquarters in Cologne, Germany, on October 29, 2024, as the IG Metall labor union calls for a one-day strike starting at midnight for better collective bargaining pay for workers. Ying Tang | Nurphoto | Getty Images U.S. President Donald Trump allowed a one-month pause on tariffs for automakers that…
Ukraine’s President Volodymyr Zelensky, Britain’s Prime Minister Keir Starmer and France’s President Emmanuel Macron hold a meeting during a summit at Lancaster House in central London on March 2, 2025. European leaders descended upon London for talks to “drive forward” action on Ukraine, according to the office of UK Prime Minister Keir Starmer. Justin Tallis…
BASF CEO optimistic about the year ahead after a difficult 2024 Markus Kamieth, Chairman of the Board of Executive Directors of the chemical company BASF, speaks at the annual press conference of the chemical company BASF. Picture Alliance | Picture Alliance | Getty Images The chief executive of BASF says the German chemical company is…
European markets opened lower Thursday after U.S. President Donald Trump on Wednesday once again threatened to impose 25% tariffs on imports from the European Union. The Stoxx 600 index was down 0.44% at 9:28 a.m. led by losses in autos, which were down 3.2%. The highly globalized sector was rattled earlier this month by expectations of…
Nvidia CEO Jensen Huang arrives to attend the opening ceremony of Siliconware Precision Industries Co. (SPIL)’s Tan Ke Plant site in Taichung, Taiwan Jan. 16, 2025. Ann Wang | Reuters Nvidia’s revenue in 2024 more than doubled compared with a year earlier, beating analysts’ expectations. Moreover, the company expects sales in the current quarter will…
Supporters hold up signs reading “Chancellor” and “Merz” during the final campaign event of Germany’s Christian Democratic Union party in Munich, on Feb. 22, 2025. Alexandra Beier | Afp | Getty Images The conservative alliance made up by the Christian Democratic Union (CDU) and its sister party the Christian Social Union (CSU) is set to…
Renault reports record operating profit and revenue beat French automaker Renault on Thursday posted its highest-ever annual operating profit while revenues came in well above expectations, as the company said its “unprecedented” flurry of product launches had boosted performance. Group revenue increased 7.4% year on year to 56.2 billion euros ($58.6 billion), ahead of the…
European stock markets opened lower on Friday after hitting record highs earlier this week. The pan-European Stoxx 600 index moved 0.1% lower when markets opened. The U.K.’s FTSE 100 was down by 0.25%, and Germany’s DAX was lower by 0.3%. Meanwhile, France’s CAC 40 opened flat. Asia-Pacific markets were mixed Friday, after Wall Street rose…