FRANKFURT (Reuters) -Shares in Daimler Truck and Traton fell on Friday after U.S. President Donald Trump announced tariffs on heavy-duty trucks, adding to trade tensions that have hit the automotive sector hard. Together with a barrage of tariffs in othe

LONDON (Reuters) -Britain on Friday said it was pressing the United States on pharmaceutical tariffs in hope of a beneficial outcome, after President Donald Trump said a new 100% tariff would apply to firms unless they build a manufacturing presence in th

The Istanbul Apparel Exporters’ Association (İHKİB) has secured €37m ($43.48m) in grant funding from the European Union (EU) to drive the twin transition in the Turkish fashion sector.

The company said that “structural and personnel adjustment measures are unavoidable”.

The boss of Barclays has urged Rachel Reeves not to tax economic growth “out of existence” amid fears the Chancellor will raise levies in November’s Budget.

BRUSSELS (Reuters) -The European Union and Japan expressed confidence on Friday that they had secured limits on U.S. tariffs on pharmaceuticals, which President Donald Trump said he would impose next week at a rate of 100%. The European Commission referr

Markets have been on edge all week, with traders recalibrating odds on further rate reductions amid economic data and mixed commentary from the Federal Reserve's policymakers. The upcoming release of the Personal Consumption Expenditures price index, the

While Trump’s move threatens to double the cost of some imported treatments if construction on US manufacturing plants hasn’t begun by Oct. 1, many big drugmakers already have US plants or are building them. “All big pharma companies have a US presence a

Also: All the news and watercooler chat from Fortune.

The Trump administration pressed Argentina on Wednesday to dismantle its currency swap arrangement with China, tying future financial support to President Javier Milei's willingness to distance his government from Beijing during a week of high-stakes dipl

OPEC+ has delivered only three-quarters of its pledged oil production increases since April as capacity limits and compensations for past overproduction curb output growth.

JPMorgan's Nataliia Lipikhina discusses US equity markets and the broader economic situation. \\

The US plans to impose a 25% duty on imported heavy trucks starting on Wednesday, Trump announced in a post on Truth Social, without providing more details. Daimler Truck shares fell as much as 4.9% in Frankfurt, while Traton’s stock dropped 3.1%.

Beijing hopes to deter countries from siding with the US in suppressing Chinese trade.View on euronews

European diplomats warned the Kremlin this week that NATO is ready to respond to further violations of its airspace with full force, including by shooting down Russian planes. Gold has soared about 43% this year, setting successive peaks on central-bank