Shipping giant Maersk, a bellwether for global trade, soars on Trump's tariff pause
Shares of Danish shipping giant Maersk, a bellwether for global trade, posted substantial gains on Thursday morning.
CNBC › Europe News
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30 days ago
Autos, pharma, luxury and more: The global sectors soaring after Trump's tariffs walkback
Trump has reversed course on U.S. trade policies, dropping his country-specific tariffs down to a universal 10% rate for all trade partners — except China.
Shipping giant Maersk, a bellwether for global trade, pops 10% on Trump's tariff pause
Shares of Danish shipping giant Maersk, a bellwether for global trade, posted substantial gains on Thursday morning.
31 days ago
German centrist parties reach coalition deal as Trump tariffs loom over Europe
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a story from CNBC › Europe News
The agreement paves the way for Germany's CDU, CSU and SPD to form the country's new government with Friedrich Merz as chancellor.
European Union approves first set of retaliatory tariffs on U.S. imports
The European Union on Wednesday voted to approve its first set of retaliatory measures to counter tariffs imposed by the U.S. on steel and aluminum.
Europe unveils plan to become 'AI continent' with simpler rules, more infrastructure
The EU has faced criticisms that its rules on everything from AI to taxation hinder innovation and make it harder for startups to operate across the region.
Investors flee to German bonds as Trump tariffs spark Treasury sell-off
"Traditionally you might have gone into the U.S. during a period of volatility, but this is a U.S. story. Germany is benefiting from a wider flight to quality."
Auto giants extend losses as Trump’s sweeping global tariffs take effect
Europe's auto giants slipped on Wednesday, extending recent losses as U.S. President Donald Trump's sweeping tariffs on dozens of countries came into effect.
World's first-ever global emissions tax is on the table at crunch shipping talks
Although far from a foregone conclusion, a robust pricing mechanism in the shipping sector would be considered one of the climate deals of the decade.
32 days ago
Market turbulence will not impact Mediobanca deal, Monte dei Paschi CEO says
found
a story from CNBC › Europe News
Monte dei Paschi di Siena downplayed the potential impact of ongoing market turbulence on its 13-billion-euro offer for Mediobanca, telling CNBC it expects to complete the deal this summer.
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