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The South Korean owner of the European Union’s largest factory of electric-vehicle batteries called on the bloc to reduce energy costs and grow the strategic industry amid stiff competition from China.

Thyssenkrupp AG’s steel unit plans to reduce its labor force by about 40% this decade, a move that would shrink a business that’s lost billions of euros to a global steel glut and rising energy prices.

President-elect Donald Trump’s pick of Scott Bessent as Treasury secretary may give Beijing room to negotiate with the US over their trade tensions, in part due to his moderate stance on tariffs.

Asia’s central banks will proceed cautiously with further policy easing given strength in the greenback and the risk of Trump administration tariffs, according to Goldman Sachs Group Inc.

The European Central Bank should be able to reduce interest rates to a level where they no longer restrict the economy in 2025, according to Chief Economist Philip Lane.

Apple Inc. Chief Executive Officer Tim Cook is visiting China for at least the third time this year, showing up at a suppliers’ conference on the same day a top Beijing official convened an important meeting with a group of foreign CEOs.

China’s central bank kept a policy loan rate unchanged after last cutting it in September, as the authorities stay patient in ramping up monetary stimulus.

Germany’s business outlook slid in November, remaining subdued due to the collapse of the government and the threat of trade tariffs following Donald Trump’s re-election as US president.

A stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve’s preferred inflation gauge, which in turn could keep interest rates elevated.

Die FPÖ hat bei der steirischen Landtagswahl am Sonntag sowohl in den Landgemeinden als auch im städtischen Gebiet klar gewonnen. Allerdings fielen die Ergebnisse in den Städten etwas schwächer aus als im ländlichen Raum, wie von APA, ORF und Foresight ausgewertete Daten zeigen.

Catch up: Rockets land near Tel Aviv; far-right’s shock lead in Romania

When Donald Trump first entered the White House in 2017, Cyrus Razzaghi was running an Iranian business consultancy, advising US, Japanese and European companies about how to grab opportunities in a market emerging from years of economic isolation.

Economists expect Chinese exports to reach a historical high this year as customers rush to front-load orders given President-elect Donald Trump’s threat of higher tariffs when he takes office in January.

Nach mehr als 30 Stunden Verlängerung ist die Weltklimakonferenz (COP29) in Aserbaidschan mit einem hart erkämpften Kompromiss zu Ende gegangen. Umweltschutzorganisationen reagieren mit scharfer Kritik, aber auch mit Ernüchterung auf das Ergebnis von Baku. Die Rede ist von einem Tropfen auf den heißen Stein und von einem Rückschlag für die Entwicklung der neuen nationalen Klimaziele – die COP29 habe immerhin das Mögliche erreicht, wie es mit Verweis auf eine schwierige weltpolitische Lage heißt.

European Central Bank policy will develop regardless of what happens at the Federal Reserve, according to Governing Council member Francois Villeroy de Galhau.

NATO Secretary General Mark Rutte met President-elect Donald Trump in Florida as Europe waits apprehensively to see how the next administration will approach the war in Ukraine.

Hedge fund chief Scott Bessent’s Friday nomination to become the US Treasury Secretary is offering bond investors a glimpse into the incoming administration’s sweeping economic agenda after an extended search that included multiple prominent contenders.

The European Central Bank is “very confident” it will sustainably reach its 2% inflation target and should even get there earlier than expected in its September forecasts, Francois Villeroy de Galhau said.

Euro zone business activity took a surprisingly sharp turn for the worse this month as the bloc's dominant services industry contracted and manufacturing sank deeper into recession, a survey showed on Friday.

Germany’s economy expanded less than initially reported in the third quarter, another piece of bad news as the country heads for early elections.

Private-sector business activity in France plunged at the quickest rate since the start of the year as political and geopolitical uncertainties drove an unexpected slump in the services sector.

Japanese Prime Minister Shigeru Ishiba’s cabinet approved a stimulus package that’s slightly bigger than last year’s, as he followed up on a pledge to ramp up support for households and businesses struggling to cope with higher costs.

After three decades of growing trade between China and the West that reshaped the global economy, leaders and businesses in Washington, Brussels and elsewhere are looking to pull back. They worry that China’s dominant role as the workshop of the world has created gaping imbalances and unhealthy dependencies, and harmed their ability to compete in industries created by or transitioning to a low-carbon economy. “Decoupling” was how politicos and pundits initially described the solution, suggesting

Parts supplier Robert Bosch GmbH plans to cut 5,500 jobs globally, mainly in Germany, as the car industry’s woes ripple through the supply chain.

Japan’s key inflation gauge held above the central bank’s target even as price gains moderated a tad, in data largely supporting the central bank’s view that underlying inflation remains solid.

European Central Bank President Christine Lagarde said Europe’s continuing struggle to innovate and the souring geopolitical backdrop make it even more imperative to unite its capital markets.