Aides to President-elect Donald Trump are considering a tariff plan that would apply to all countries but be limited to specific critical imports, the Washington Post reported, citing three people familiar with the discussions who it didn’t identify.

Italy is in advanced talks with Elon Musk’s SpaceX for a deal to provide secure telecommunications for the nation’s government — the largest such project in Europe, people with knowledge of the matter said Sunday.

A looming election, unemployment edging higher and an automotive industry in crisis may not seem like a recipe for German corporate success this year, but a look at earnings projections tells a different story.

Markets are uniformly expecting big gains in US stocks, but a lot depends on what happens in the real world.

Äußerst positiv fällt die Bilanz der Weihnachtsferien in den Salzburger Skigebieten aus. In manchen Hotels übertreffen die Buchungszahlen heuer sogar jene des Rekordwinters 2023. Die hervorragende Buchungslage habe sich allerdings erst relativ kurzfristig ergeben.

Faster euro-zone inflation in data due next week is likely to remind policymakers that while their 2% goal might now be in sight, it’s not yet within reach.

The onshore yuan weakened past a level that China had been defending throughout December, opening up room for the managed currency to drop further amid a sluggish economy.

By now you’ve probably heard that the S&P 500’s back-to-back annual gains amounted to the best two-year advance since the late 1990s. But finding an example of a worse end to a year than the one that just occurred requires going back even further in time. To at least 1952, when data first becomes available for comparable returns. Since then, it’s never fallen more than the 2.6% it lost from Christmas to year-end, data compiled by Bespoke Investment Group show. The closing drop marks only the

European gas gained on the first trading day of the year as the loss of a key supply route coincided with freezing temperatures across the north of the region and an unplanned disruption in Norway.

The euro fell to its weakest level versus the dollar in over two years amid concerns about Europe’s economy and monetary policy divergence with the US.

The European Central Bank’s 2% inflation target is in sight, according to President Christine Lagarde.

The European Central Bank could consider waiting longer before its next rate cut if inflation risks from energy prices or a stronger depreciation of the euro materialize, according to Governing Council member Robert Holzmann.

Over 700 key calls on the impact of Donald Trump’s return to the White House, the AI revolution, global political dysfunction and China’s slowdown

China’s gross domestic product is expected to expand around 5% for the full year of 2024, President Xi Jinping said, signaling the world’s second-largest economy is on track to meet its official target.

China may start selling its products to Europe at discounted rates if the US starts a trade war by imposing new tariffs, according to European Central Bank Governing Council member Klaas Knot.

Das Wirtschaftsjahr 2024 war österreichweit von zahlreichen Insolvenzen geprägt. Die KTM-Pleite und der Zerfall der Signa-Gruppe waren nur zwei von vielen. Insgesamt gab es heuer mehr als 6.500 Unternehmensinsolvenzen in ganz Österreich. Auch viele burgenländische Unternehmen waren betroffen.

From protecting biodiversity to tackling plastic pollution, meeting after meeting this year ended in disappointment.

Europe is about to lose a chunk of its gas supplies, with a key transit deal between Moscow and Kyiv expiring Dec. 31. Unless an alternative arrangement can be made in the final days of the year, the halt of Russian flows via Ukraine will present a slew of challenges to an already tight market:

US and European companies are frontloading orders and weighing price hikes while Chinese factories hunt for buyers elsewhere

China’s policymakers plan to sell a record 3 trillion yuan ($411 billion) of special treasury bonds in 2025, Reuters reported on Tuesday, a move aimed at bolstering the slowing economy.

New voters are set to rotate onto the Federal Reserve’s interest-rate-setting committee just as renewed inflation concerns inject a fresh layer of complexity into the central bank’s decision making.

One of China’s leading developers is now on authorities’ radar for default risk. A major Hong Kong builder is asking lenders to extend loans. Another industry peer is selling an iconic but largely empty mall in Beijing.

Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal Reserve.

The European Central Bank is nearing its consumer-price target but must remain alert to lingering dangers in some sectors, according to President Christine Lagarde.