Some European firms are sacrificing efficiency and losing their global edge as they wall off their operations in China and come under pressure to produce more locally, according to a business group whose members include many of the continent’s biggest companies.

Scientists are struggling to account for the remarkable acceleration in temperature rise.

Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence.

China’s consumer inflation weakened further toward zero, decelerating for a fourth straight month in a setback for government efforts to stamp out deflation and revive demand with economic stimulus.

Vergangenes Jahr hat sich der Leerstand auf dem Frankfurter Büromarkt der Marke von 10% genähert, während die Neuvermietungen weiter abgerutscht sind. Das zeigen Daten des Maklers JLL, die Bloomberg vorliegen.

President Joe Biden’s administration plans one additional round of restrictions on the export of artificial intelligence chips from the likes of Nvidia Corp. just days before leaving office, a final push in his effort to keep advanced technologies out of the hands of China and Russia.

The European Central Bank should keep lowering borrowing costs at every meeting as long as the retreat in inflation matches its projections, according to Governing Council member Francois Villeroy de Galhau.

French consumer confidence unexpectedly fell in December to the lowest level in a year, adding to signals the country’s prolonged political and budget crisis is weighing on the economic outlook.

President Vladimir Putin’s invasion of Ukraine triggered an economic boom in Russia built on the back of government stimulus. Almost three years on, there are gathering signs the bill is about to come due.

German factory orders dropped the most in three months, highlighting industry’s woes just weeks before Chancellor Olaf Scholz faces elections.

Investors are increasingly concerned that China risks sliding into an economic malaise that could last decades.

The world’s richest person has his sights set on Germany, the UK — and the EU’s regulatory powers.

The European Union must be ready to defend itself against protectionist trade measures by other countries, including any new steps taken by Donald Trump when he returns to the White House later this month, the bloc’s industry chief said.

There’s no silver bullet in the currency markets.

German inflation accelerated more than anticipated last month, backing the European Central Bank’s plans to keep cutting interest rates only gradually.

Chancellor Olaf Scholz’s aim to recast Europe’s largest economy with semiconductor subsidies is foundering after Intel’s big project went awry.

The US dollar pared a sharp decline against most major currencies on Monday after US President-elect Donald Trump denied a report that his tariff plans won’t be as broad as originally feared, with the currency volatility buffeting traders who have piled into long positions on the greenback to open the year.

Euro-area inflation accelerated last month, supporting the European Central Bank’s gradual approach to reducing interest rates, without derailing them altogether.

US stocks and the dollar will be the biggest beneficiaries of American economic growth set to be boosted by Donald Trump’s policies, according to the latest Bloomberg Markets Live Pulse survey.

Goldman Sachs Group Inc. said it no longer sees gold reaching $3,000 an ounce by the end of the year, pushing the forecast to mid-2026 on expectations the Federal Reserve will make fewer rate cuts.

Global central bankers are poised to cut borrowing costs further in 2025, but only warily — and with a keen eye on the policies of incoming US President Donald Trump.

Bitcoin pushed above $100,000 for the first time in two weeks as the largest digital asset regains momentum with Donald Trump’s US Election victory set to be ratified.

The UK surpassed Germany to become Europe’s largest electric-car market as the country’s EV sales mandate helped it buck a demand slowdown elsewhere in the region.

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.