EU

The German coalition collapse will further stress Europe's largest economy, one already mired with problems at home and abroad. Chancellor Olaf Scholz fired Finance Minister Christian Lindner on Wednesday after weeks of government disputes about the ailing economy. Scholz now leads a minority...

A Trump presidency has raised concern in Europe that a new round of tariffs under his administration will cause a economic recession in Europe. A trade war during Trump's four-year term would also increase the probability of the European Central Bank (ECB) cutting rates faster to spur growth....

European defense contractors have focused on their submarine and naval asset production to meet rising demand for advanced underwater systems as geopolitical tensions spur an increase in military spending.  European makers of submarines have benefited from the 6.8% annual increase in global...

The German economy faces strong headwinds despite data showing that Europe's largest exporter of goods returned to economic growth in the third quarter, beating analysts' estimates.  The economy grew by 0.2% quarter-on-quarter in Q3, from an initial -0.1% in Q2, the Federal Statistical Office...

To gain an edge, this is what you need to know today. Nasdaq Breakout? Please click here for a chart of Invesco QQQ Trust Series 1 (NASDAQ:QQQ). Note the following: The chart shows QQQ is in the resistance zone. The chart shows that QQQ moved up on giant Tesla Inc (NASDAQ:TSLA) earnings. ...

The European Nuclear Alliance has called upon the European Commission to consider nuclear energy as "essential contributors" to decarbonization pathways in Europe. "We strongly encourage the upcoming college of Commissioners to deliver a paradigm shift in our energy policy," the alliance said at...

The European Central Bank (ECB) may need to adjust its monetary policy to manage the risk of eurozone inflation falling below its 2% target rather than exceed it, the French central bank governor François Villeroy de Galhau said today.  To stimulate a lagging economy, the ECB cut on Thursday...

The EU crypto regulation, Markets in Crypto Assets (MiCA), heralds a new era for an industry that will provide access to about 18% of global crypto transaction volumes. In an effort to create a framework across all European Union (EU) member states, MiCA mandated that from June 30 onwards, all...

The Republican presidential candidate Donald Trump said that he talked with Apple Inc. (NASDAQ:AAPL) CEO Tim Cook about the financial penalties the EU has imposed on the company. What Happened: In a conversation with Patrick Bet-David, released on Thursday, Trump said that Cook had reached out to...

The European Union’s NIS 2 cybersecurity directive, now enforceable, mandates companies to bolster their cybersecurity practices or face hefty fines. The regulation, which updates the previous National and Information Systems (NIS) directive, requires businesses to enhance risk management,...

California-based company OpenAI will expand into Europe as part of a larger push by CEO Sam Altman into international markets. OpenAI plans to open offices in Paris and Brussels to "establish itself in Europe," Euronews reported, citing a company statement on October 9.  It will also...

German automaker Volkswagen Group (OTC:VWAGY) delivered 189,400 all-electric vehicles in the three months through the end of September, marking a drop of about 10% from the corresponding period last year, the company said on Friday. What Happened: The company witnessed most decline in EV sales in...

European Automakers criticized the European Union (EU) for imposing tariffs today on Chinese electric vehicles (EVs).  Mercedes Benz AG called them a "mistake," saying "punitive tariffs worsen the competitiveness of an industry in the long term." BMW AG said the move marked a "fatal sign" for...

The European Union is set to vote on Friday on whether to back final tariffs on China's electric vehicle (EV) makers.  The EU wants to protect its automobile makers against the increasing number of less expensive Chinese EVs entering the market. Of the total EV imports to the EU in 2023, 54%...

European inflation reported in France and Spain slowed in September below the European Central Bank's (ECB) target rate of 2%. This has raised chances of an ECB interest rate cut at its meeting next month. France's Harmonized Consumer Price Index slowed to 1.5% in September, from 2.2% in August,...