EU
EU to set out next countermeasures against U.S. tariffs on Thursday
Maros Sefcovic, European Commissioner for Trade and Economic Security; Interinstitutional Relations and Transparency, speaks to reporters in Singapore on May 7, 2025, after signing of the EU-Singapore Digital Trade Agreement (DTA), a landmark initiative enhancing digital economic cooperation between the European Union and Singapore. Roslan Rahman | Afp | Getty Images The European Commission will […]
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Euro zone economic growth slows in April, services near stagnation, PMI shows
An employee places an item in the window display at a delicatessen in the Piazza Campo di Fiori in Rome, Italy, on Tuesday, Dec. 6, 2016. Bloomberg | Bloomberg | Getty Images The euro zone economy continued to expand in April but at a slower pace as demand weakened and the dominant services sector nearly […]
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Baby boomers and first-time travelers are shunning Europe’s summer hotspots in favor of ‘coolcations’
Baby boomers and first-time travelers appear to be driving a so-called “coolcations” trend, shunning Europe’s peak summer hotspots in favor of cooler climes — such as the Nordic and Baltic countries. Extreme summer heat, combined with cost and overcrowding concerns, are affecting where people choose to go on vacation. For some, the appeal of booking […]
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These European defense stocks have gained more than 100% on EU spending plans — and they could have further to climb
European defense stocks have surged in recent months as geopolitical tensions prompt regional officials to ramp up spending on national security. In Germany, lawmakers have passed a historic debt reform , paving the way for a huge splurge on defense, while U.K. Prime Minister Keir Starmer has pledged to hike Britain’s national spend on defense […]
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Germany slams Trump’s 25% auto tariffs as bad news for U.S., EU and global trade
A Volkswagen (VW) Passat R car (L) and a Golf GTI car are pictured in the tower storage facility of German carmaker Volkswagen at the company’s headquarters in Wolfsburg, central Germany, on March 11, 2025. Ronny Hartmann | Afp | Getty Images Germany’s economy minister and auto industry lambasted U.S. President Donald Trump’s plans to […]
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Europe wants to pour billions of dollars into its own defense companies — but market watchers say it may not be able to shut American firms out
New army recruits of the Bundeswehr, Germany’s armed forces, during basic training on Nov. 29, 2022 near Prenzlau, Germany. Sean Gallup | Getty Images As Europe plans to pour billions of dollars into defense, many regional leaders are pushing for the money to be spent locally — but some market watchers say it’s inevitable that […]
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Goldman Sachs offers its newest option for downside protection in volatile markets
Goldman Sachs Asset Management is trying to serve more investors looking for downside protection from market turmoil. Bryon Lake helped the firm launch its newest buffer exchange-traded fund this month: the Goldman Sachs U.S. Large Cap Buffer 3 ETF. “I’m an investor. You’re an investor. The folks watching are investors, and there’s an incredible amount […]
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From fashion to alcohol, these sectors are being swept up in the U.S.-EU trade war
FILE PHOTO: A worker welds a steel tube at HCC, a company that uses parts to make combines, at the factory in Mendota, Illinois, U.S., February 21, 2025. Vincent Alban | Reuters European consumers face higher prices on items from cars to jeans, while major industries including steel, retail and agriculture grapple with reduced competitiveness […]
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Romanian far-right candidate barred from May presidential vote
Leader of the far-right AUR party George Simion (L) looks on as far-right presidential candidate Calin Georgescu talks to the media after officially filing his candidacy for the Romanian presidential elections, outside the Central Electoral Bureau (BEC) in Bucharest on March 7, 2025. Daniel Mihailescu | Afp | Getty Images Romania’s central election authority on […]
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How the FDA’s approval for food additives works, and why experts say a loophole allows companies to bypass it
The U.S. Food and Drug Administration regulates food and health-related products to ensure they’re safe for public health. Today, it’s estimated to oversee 80% of the U.S. food supply. This also places ingredient safety regulations under the FDA’s authority. According to a 1958 law, companies looking to introduce a new food additive into the food […]
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