EU delays implementing first retaliatory tariffs on U.S. goods to middle of April
“The change represents a slight adjustment to the timeline and does not diminish the impact of our response,” an EU spokesperson told CNBC.
Financial News
Google, Apple hit with EU antitrust actions under cloud of Trump tariff threats
EU regulators are taking steps to rein in Google and Apple on antitrust charges, even as U.S. President Donald Trump threatens to hit the bloc with tariffs.
German parliament passes historic debt reform, paving the way for higher defense spend
The reforms include changes to the debt brake rule and the creation of an infrastructure fund.
AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says
Google DeepMind CEO Demis Hassabis said he thinks artificial general intelligence, or AGI, will emerge in the next five or 10 years.
How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
For decades, the U.S. has led the race to clean, limitless nuclear fusion energy. Now China is catching up, spending twice as much and building projects faster.
Trump administration sends a clear message to the oil and gas industry: ‘You’re the customer’
The officials leading Trump’s energy agenda downplayed climate change and called for more energy production to support economic growth and national security.
Chinese battery giant CATL posts annual revenue drop ahead of Hong Kong listing
The world’s largest electric-vehicle battery maker has filed for a listing in Hong Kong, without disclosing the exact size and timeline.
Russia plays hardball over a ceasefire deal as U.S. officials head to Moscow
How can Russia evade a ceasefire agreement which the U.S. says will show whether the Kremlin is serious about ending the war against Ukraine.
Moscow wary of ‘jumping the gun’ after the U.S. and Ukraine unite over a ceasefire deal
The Kremlin broke silence on Wednesday, delivering its initial reaction to Kyiv and the White House’s unilateral agreement proposing a temporary ceasefire.
Trump raises Canadian steel, aluminum tariffs to 50% in retaliation for Ontario energy duties
President Donald Trump also declared that if Canada does not lift other tariffs on the U.S., he will “substantially increase” auto import tariffs next month.