EU leaders are unsuccessful to agree on a €50 billion support package deal for Ukraine and on renegotiation of EU spending budget

European Council Belgian President Charles Michel delivers remarks to journalists at the end of the initial day of a European Union summit at the EU headquarters in Brussels, on December 15, 2023.

Kenzo Tribouillard | Afp | Getty Illustrations or photos

European Union leaders have failed to agree on a €50 billion ($55 billion) aid package for Ukraine and on the renegotiation of the EU finances, EU Council President Charles Michel mentioned Thursday.

The economic deal could not be endorsed by all 27 leaders, who previously Thursday agreed to open membership negotiations with Ukraine. The cash is aimed at supporting the war-torn place weather the Russian invasion.

Ukraine is terribly counting on the funds to assistance its destroyed overall economy endure in the coming year.

Supply

World

Trump’s push to break China’s mineral dominance paves the way for a deep-sea gold rush

May 15, 2025

Critical minerals such as cobalt, nickel, copper and manganese can be found in potato-sized nodules at the bottom of the seafloor. Pallava Bagla | Corbis News | Getty Images U.S. President Donald Trump’s critical minerals drive looks set to pave the way for a gold rush on the ocean floor. Seeking to counter China’s mineral […]

World

Asia-Pacific markets fall as investors assess U.S.-China trade developments

May 15, 2025

© Marco Bottigelli | Moment | Getty Images Asia-Pacific markets fell Thursday, after mostly gaining in the previous session on easing U.S.-China trade tensions. Japan’s benchmark Nikkei 225 fell 0.90%, while the Topix lost 0.75%. South Korea’s Kospi declined 0.29% while the small-cap Kosdaq slipped 0.37%. Australia’s benchmark S&P/ASX 200 lost 0.24%. Hong Kong’s Hang […]

World

CNBC Daily Open: Nvidia is back in the green amid Trump’s dealmaking

May 15, 2025

NVIDIA CEO Jensen Huang and U.S. President Donald Trump shake hands at an ‘Investing in America’ event in Washington, D.C., U.S., April 30, 2025. Leah Millis | Reuters The “Magnificent Seven” group of stocks — comprising Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla — drove much of the S&P 500’s sterling 23.31% gain […]