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Europe’s decision to ramp up defense spending after years of neglect is the right choice, according to European Union finance ministers.

Tourismusverantwortliche beklagen einerseits hohe Kosten und sehen sich andererseits mit der Herausforderung konfrontiert, sich auf neue Gästewünsche einzustellen. Gefordert wird eine Unterstützung der Politik, wie etwa Veränderungen bei der Dauer von Abschreibungen.

The secondary watch market has recovered from its nadir. But there’s still time for discerning buyers to grab some bling.

Developers in Dubai are expanding abroad in search of growth, a move that helps them use the cash piles they’ve built up and offers a cushion in case of any potential slowdown at home.

Spain and Greece have for years restricted outdoor work on very hot days, while Italy and France have started this summer.

The European Union and Israel have reached an agreement to allow more aid to Gaza, with a substantial increase of daily supplies to happen in the coming days, according to a person familiar with the matter.

US President Donald Trump is scheduled this week to meet the leaders of five African nations that will potentially offer American businesses opportunities in critical minerals and other natural resources.

OPEC+ is discussing a pause in further production increases from October after its next monthly hike, according to delegates familiar with the matter.

Donald Trump’s threat to impose 50% tariffs on Brazilian goods sent the country’s currency plunging as the US leader sharply escalated a dispute with Latin America’s largest nation and leftist leader Luiz Inacio Lula da Silva.

President Donald Trump said the US would begin levying a 50% tariff on copper imports from Aug. 1, confirming a move that will hurt American producers of everything from automobiles to appliances.

President Donald Trump said negotiators are “very close” to a ceasefire deal between Israel and Hamas, raising optimism for a long-elusive agreement as Prime Minister Benjamin Netanyahu visits the US.

Donald Trump threatened to impose a 50% tariff on Brazil over its domestic political affairs, the most extreme case yet of the US president weaponizing trade policy to make unrelated demands.

US Secretary of State Marco Rubio is scheduled to meet his Russian counterpart Thursday as the US prepares to send more weapons to Ukraine to help it fend off attacks from the Kremlin’s war machine.

Federal Reserve Bank of St. Louis President Alberto Musalem said he sees upside risks to inflation, but it’s too early to know whether tariffs will have a persistent impact on prices.

Nvidia Corp. became the first company in history to achieve a $4 trillion market valuation, cementing its status as a kingpin in the global financial market.

The European Central Bank doesn’t need to continue easing policy as borrowing costs may already be providing stimulus to the economy, according to Governing Council member Robert Holzmann.

Volkswagen AG sold fewer of its most profitable cars in the second quarter as US tariffs cut into deliveries of premium European brands.

The emerging divide among Federal Reserve officials over the outlook for interest rates is being driven largely by differing expectations for how tariffs might affect inflation, a record of policymakers’ most recent meeting showed.

US President Donald Trump sowed fresh chaos in metals markets with news of a higher-than-expected 50% tariff on copper imports, spurring a record spike in US futures and a drop in the global benchmark.

President Donald Trump said he would not offer any extensions for the implementation of increased tariffs on many goods imported into the US, pledging that new rates would hit at the beginning of August.

President Donald Trump said Jerome Powell should “resign immediately” if allegations from an administration official that the Federal Reserve chair misled lawmakers prove true, while deepening his personal attacks against the head of the central bank over interest rate policy.

States like Tamil Nadu are dangling tax breaks and fast-tracking infrastructure, helping the country shake off its reputation as a difficult place to do business.

A Dubai-based startup founded by a Russian and a Ukrainian raised $250 million to develop smart contact lenses that provide night vision, zoom capabilities and real-time health checks.

Global banks channeled more than $385 billion to the coal power industry over the past three years, with annual flows increasing last year from 2023, according to analysis by a group of nonprofits.

European Commission President Ursula von der Leyen accused China of distorting trade and limiting access for European firms two weeks ahead of a summit between the economic powers.

The European Union is seeking to conclude a preliminary trade deal with the US this week that would allow it to lock in a 10% tariff rate beyond an Aug. 1 deadline as they negotiate a permanent agreement.

UniCredit SpA, the Italian lender that hopes to acquire Commerzbank AG, increased its equity stake in the German firm and became its largest shareholder after converting derivatives into stock.

President Donald Trump unveiled the first in a wave of promised letters that threaten to impose higher tariffs rates on key trading partners, including levies of 25% on goods from Japan and South Korea beginning Aug. 1.

Nonfungible tokens, once a burgeoning scene for crypto traders and enthusiasts, seem to have lost much of their allure as trading volumes in the once-hot sector have now declined for the fifth straight quarter.